NEW YORK ( TheStreet) -- Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of what's rising and what's falling when it comes to ETFs.

iShares MSCI Switzerland Index Fund ( EWL) 1.6%

EWL is seeing some strong gains today. Aiding the fund is optimism that the EU will help troubled Greece. The broad Swiss markets are being lead by major banks including UBS ( UBS) and Credit Suisse ( CS). These two firms account for nearly 10% of the fund's total portfolio.

United States Oil Fund ( USO) 1.5%

USO gained in light of the weak U.S. dollar. Prices tapped 11-month highs before being stifled by a report from the Energy Department that showed supplies had risen more than previously forecast. Oil drillers followed crude prices higher, helped by news that President Obama will announce plans to allow offshore drilling.

SPDR Gold Trust ( GLD) 1%

A mixed market is helping precious metals score some nice gains today. Gold, silver, platinum and palladium have all managed to lock in positive numbers. Leading the group is palladium with other physically-backed precious metal ETFs like GLD following close behind.

iPath Dow Jones-UBS Sugar Total Return Subindex ETN ( SGG) -8.2%

Sugar, as tracked by SGG led the losers today when news that Brazil and India were expecting bumper crops next season. According to Businessweek, sugar is on the path to see its biggest quarterly drop since 1985. Already, the fund has slipped over 30% in 2010. In the past sugar prices have risen thanks to ongoing drought conditions in India, but meteorologists predict that this will not be the case this year. A dissipating El Nino weather pattern is being seen as a positive for the nation's monsoon season.

iPath Dow Jones-UBS Grains Total Return Subindex ETN ( JJG) -3.5%

Grains and JJG are taking a beating today as analysts are predicting record-breaking production. Farmers are planning to plant a record 78.1 million acres of soybeans this year.

United States Natural Gas Fund ( UNG) -1.3%

Energy was mixed today after President Obama announced plans to expand oil and gas drilling on the coasts of the North America. While oil saw gains, the futures prices for natural gas and UNG have stumbled. These losses can be attributed to the Energy Information Administration's weekly storage report.

Claymore/AlphaShares China Real Estate ETF ( TAO) -1.0%

Though China-focused ETFs saw strength yesterday, funds designed to track the nation have lagged today. One industry taking a hit is China's real estate market, which is tracked by TAO.

The nation's Shanghai Composite Index, not tracked by any ETFs, is down over 5% this quarter, making it one of the worst performing Asian markets.

All prices as of 2:15 p.m. EST

-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion was not long any equities mentioned.

Don Dion is president and founder of Dion Money Management, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Mass., Dion Money Management manages assets for clients in 49 states and 11 countries. Dion is a licensed attorney in Massachusetts and Maine and has more than 25 years' experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.

Dion also is publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors his commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 100,000 subscribers in the U.S. and 29 other countries, Fidelity Independent Adviser publishes six monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.