Commodity-related exchange-traded funds were the big winners of Tuesday's session. The newly benchmarked March crude oil futures contract was surging by $2.46 to $55.04 a barrel. Gold jumped $11.80 to close at $645.90 an ounce, and silver was up 26 cents at $13.26 an ounce.

The iPath Goldman Sachs Crude Oil ( OIL) ETF was recently jumping 4.4% to $33.78. The United States Oil ( USO) ETF was adding 4.1% to $45.65. The iShares Dow Jones U.S. Oil & Gas Exploration Index ( IEO) ETF was gaining 3.2% to $48.36, and the Oil Services HOLDRs ( OIH) was tacking on 3% to $136.27.

The Market Vectors Gold Miners ( GDX) ETF was higher by 4.2% to $38.84, while the iShares Silver Trust ( SLV) ETF was gaining 2.4% to $131.81. The streetTRACKS Gold Shares ( GLD) ETF was rising 2.2% to $64.08.

The iShares Dow Jones US Aerospace & Defense ( ITA) ETF was also one of the session's winners, rising 2.4% as holding Precision Castparts ( PCP) was higher by 6.8% following a strong fourth-quarter profit report. The ETF was gaining $1.30 to $54.91.

On the other hand, the Broadband HOLDRs ( BDH) was one of the biggest losers. Holding Nortel ( NT) was falling 3.2%, sinking the ETF by 25 cents, or 1.6%, to $15.26.

The B2B Internet HOLDRs ( BHH) ETF was also losing ground as holding Checkfree ( CKFR) was shedding 4%. The ETF was off 6 cents, or 2.8%, to $2.10.

The Biotech HOLDRs ( BBH) was falling 1.3% as Biogen Idec ( BIIB) was lower by 2.5%. The ETF was losing $2.46 to $194.38.

More from ETFs

60 Seconds: What's the Difference Between an ETF and a Mutual Fund?

60 Seconds: What's the Difference Between an ETF and a Mutual Fund?

Video: Why Shark Tank Star Kevin O'Leary Is Doubling Down on Internet Stocks

Video: Why Shark Tank Star Kevin O'Leary Is Doubling Down on Internet Stocks

Simple Investing Strategies Stand the Test of Time

Simple Investing Strategies Stand the Test of Time

This Technology ETF Could Be Signaling a Looming Tech Stock Rout

This Technology ETF Could Be Signaling a Looming Tech Stock Rout

The End of Retailpocolypse? This Retail ETF Is Soaring

The End of Retailpocolypse? This Retail ETF Is Soaring