Dion's Monday ETF Winners and Losers

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 who's winning and who's losing when it comes to ETFs.


SPDR KBW Regional Banking ETF ( KRE) 2.5%

The financial sector is pulling out a nice win today, with strength emanating from both Wall Street giants and the regional banking industry.

Although KRE is pocketing the strongest gains, my favorite play for the financial industry remains SPDR KBW Bank ETF ( KBE). This fund is particularly well suited for the type of broad strength we are seeing today. The fund exposes investors to a collection of firms from across the size spectrum.

iShares MSCI Taiwan Index Fund ( EWT) 3.1%

The Taiwanese markets are surging today on strength from the semiconductor industry and the Chinese markets. The largest slice of EWT is dedicated to the information technology industry which is represented by big name firms including Hon Hai Precision, HTC, and Taiwan Semiconductor Manufacturing ( TSM).

PowerShares Dynamic Networking Portfolio ( PXQ), SPDR S&P Semiconductor ETF ( XSD) and iShares FTSE/Xinhua China 25 Index Fund ( FXI) are also powering higher.

Market Vectors Steel ETF ( SLX) 2.5%

The bulls are pulling out a win today, instilling confidence among investors worried about the state of the global economic recovery.

President Obama has laid out his plans to refurbish the country's aging infrastructure picture. Although it still needs congressional approval, the proposal bodes well for the steel ETF, which will be heavily involved in many of the projects.

iShares MSCI South Africa Index Fund ( EZA) 2.1%

The South Africa ETF has powered through previous 2010 highs and is on the verge of testing levels last seen in the closing months of 2008. Ongoing demand for precious metals has helped propel EZA forward. The fund dedicates more than a quarter of its portfolio to the materials industry. Top holdings include Anglogold Ashanti ( AU), Impala Platinum, and Goldfield ( GV).


iPath S&P 500 VIX Short Term Futures ETN ( VXX) -3.3%

The fear index-based ETN is continuing to slide as the markets tread higher. This fund has fallen dramatically in recent months despite the resounding market uncertainties. The downfall has brought the fund back to levels last seen before its run-up in May. In fact, on Monday, the fund tested brand new all-time lows.

PowerShares DB U.S. Dollar Index Bullish ( UUP) -1.0%

Today's market strength is placing pressure on many of the go-to defensive plays including UUP and the iShares Barclays 20+ Year Treasury Bond Fund ( TLT).

Given their weakness heading into the start of this week, investors may find this is to be a good opportunity to buy up defense in order to protect against market swings in the future.

All prices as of 2:14 PM EST.

-- Written by Don Dion in Williamstown, Mass.

At the time of publication, Dion Money Management 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.

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