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.


iShares Dow Jones US Home Construction Index Fund ( ITB) 3.67%

Homebuilders are strengthening today after industry leader Lennar ( LEN) reported stronger-than-expected earnings.

Despite today's optimism, factors such as oversupply continue to threaten the residential housing market. Any exposure to ITB and other home builder ETFs should be set aside as a short-term play.

iShares MSCI Israel Capped Investable Market Index Fund ( EIS) 2.9%

Oftentimes, the Israel ETF's moves will be solely depend on the performance of Teva Pharmaceuticals ( TEVA). As the fund's largest position, the fund represents over 20% of EIS' total portfolio.

Today, however, the firm is underperforming EIS. Instead, the firm's rise can be attributed to strength from the nation's banking industry. Bank Leumi and Bank Hapoalim both offered optimistic words for the nation's outlook. Together, the financial sector represents the largest slice of EIS, making up over 27% of the portfolio.

PowerShares India Portfolio ( PIN) 2.7%

India's markets continue to find strength as investors seek out exposure to attractive emerging markets.

September has been a particularly strong month for PIN and other Indian-focused ETFs. PIN has been on a near uninterrupted path higher and is currently, on the verge of testing all-time highs.


United States Natural Gas Fund ( UNG) -3.44%

Natural gas prices are struggling at the start of the week, causing UNG to take a heavy hit.

Weather-related issues are weighing on this fuel's prices. A lack of storms has caused fears regarding hurricane season to diminish.

iPath S&P 500 VIX Short Term Futures ETN ( VXX) - 3.4%

Major U.S. markets are heading higher today, extending the gains felt last week. This is weighing heavily on the VIX-related ETNs, causing VXX to test new all-time lows.

This fund's downfall through the close of summer has been dramatic but investors should not be tempted by this tumble. VXX and other VIX-backed products remain dangerous investors.

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