Dion's Wednesday ETF Winners and Losers
NEW YORK (TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing.
Winners
iShares MSCI Philippines Investable Market Index Fund
(EPHE) - Get iShares MSCI Philippines ETF Report
3.1%
A slew of emerging Asia ETFs are finding themselves at the top of the winners list. In addition to EPHE, the
iShares MSCI Indonesia Investable Market Index Fund
(EIDO) - Get iShares MSCI Indonesia ETF Report
and the
iShares MSCI Malaysia Index Fund
(EWM) - Get iShares MSCI Malaysia ETF Report
are pushing higher.
Not all parts of this region are gaining ground. The
Market Vectors Vietnam ETF
(VNM) - Get VanEck Vietnam ETF Report
is tumbling to a second day of losses, dipping over 1.5%.
TheStreet Recommends
iShares Dow Jones U.S. Home Construction Index Fund
(ITB) - Get iShares U.S. Home Construction ETF Report
3.4%
After locking in some of the heaviest losses in the ETF universe Tuesday, Blackrock's homebuilder ETF is rebounding. The
SPDR S&P Homebuilder ETF
(XHB) - Get SPDR S&P Homebuilders ETF Report
is again seeing relatively contained action compared to ITB. As we head towards the end of the session, the fund has gained only 2%.
ProShares UltraShort 20+ Year Treasury Bond ETF
(TBT) - Get ProShares UltraShort 20+ Year Treasury Report
1.2%
Despite the fact that major U.S. market indices are struggling to push higher, investors are showing disinterest towards safe havens like long-term U.S. Treasuries. Shares of the
iShares Barclays 20+ Year Treasury Bond Fund
(TLT) - Get iShares 20+ Year Treasury Bond ETF Report
are down around 0.5%, retreating back below its closely-watched 50-day moving average.
Losers
Market Vectors Solar Energy ETF
(KWT)
-3.5%
The solar energy sector appears to have staged a dramatic about face in recent weeks, reminding investors of its inherently volatile nature.
With Wednesday's decline, KWT has once again broken through its 50-day moving average. In the days ahead, it will be interesting to see if this is only a short term test, or if the fund is due to head lower.
iPath Dow Jones UBS Natural Gas Subindex Total Return ETN
(GAZ) - Get iPath Series B Bloomberg Natural Gas Subindex Total Return ETN Report
-4.7%
GAZ continues to swing wildly as the fund's staggering premiums magnifies fluctuations. At the same time that the disconnected ETN is taking a shot across the bow, the
United States Natural Gas Fund
(UNG) - Get United States Natural Gas Fund LP Report
is heading higher, locking in some of the strongest gains across the entire ETF industry.
Energy producers are facing pressure at mid-week, leading the
SPDR S&P Oil & Gas Exploration & Production ETF
(XOP) - Get SPDR S&P Oil & Gas Exploration & Production ETF Report
to notable losses.
iShares Silver Trust
(SLV) - Get iShares Silver Trust Report
-5.4%
Precious metals are taking a beating, with bullion-tracking products like SLV and the
iShares Gold Trust
(IAU) - Get iShares Gold Trust Report
taking the brunt of the hit.
Miners are not immune to the pain, however. The
Market Vectors Junior Gold Miners ETF
(GDX) - Get VanEck Gold Miners ETF Report
and the
Global X Silver Miners ETF
(SIL) - Get Global X Silver Miners ETF Report
are both in negative territory. The pain is extending into all reaches of the mining industry; the
SPDR S&P Metals & Mining ETF
(XME) - Get SPDR S&P Metals & Mining ETF Report
is nearing its February lows.
All prices as of 2:11 PM EST
Written by Don Dion in Williamstown, Mass.
RELATED ARTICLES:
>>Why First Solar Is a Worthless Stock
At the time of publication, Dion Money Management owned iShares Gold Trust.
