Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of who's winning and who's losing when it comes to ETFs.
iShares MSCI Spain Index Fund ( EWP) 4.9% European markets are surging today after optimistic industrial order data in the euro zone provided a welcomed boost in investor confidence. EWP lead the single nation European ETFs higher, with other big gainers including iShares MSCI Italy Index Fund ( EWI), iShares MSCI Germany Index Fund ( EWG) and iShares MSCI Netherlands Investable Market Index Fund ( EWN). iShares MSCI South Africa Index Fund ( EZA) 4.5% After Wednesday's steep market sell-off, investors are once again returning to the game, powering a broad selection of ETFs higher. EZA, which is structured to track the broad South African markets, is gaining with the help of a broad materials rally. Fellow hard asset-focused funds such as Market Vectors Coal ( KOL), iShares MSCI Australia Index Fund ( EWA) and Market Vectors Steel ETF ( SLX) are also treading skyward. iShares Dow Jones Transportation Average Index Fund ( IYT) 4.1% Strong earnings reports from UPS, Union Pacific ( UNP) and Continental Airlines ( CAL) are helping to power the transportation ETF higher today. As explained in this morning's feature, I am cautiously optimistic that strong earnings numbers from these and other index constituents will pave the way for future IYT gains. SPDR S&P Homebuilders ETF ( XHB) 3.3% The National Association of Realtors today announced that existing home sales dipped 5% in June. Despite this drop, homebuilders surged, driving XHB and the iShares Dow Jones U.S. Home Construction Index Fund ( ITB) to impressive gains. Real estate continues to be a tricky industry to play. Investors looking to try their luck should keep exposure small and maintain a close watch on positions.
iPath S&P 500 VIX Short Term Futures ETN ( VXX) -5.5% NEW YORK ( TheStreet) -- Investors have had the chance to sleep on Bernanke's words and are returning once more to the market. As all three major indices trade near or above 2% in early afternoon trading, the VIX is taking it on the chin. In response, ETNs designed to track this fear-based index are tumbling hard.