Dion's Wednesday 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.

Winners

United States Natural Gas Fund ( UNG) 2.8%

Autumn is in full swing and consumers are once again turning to their thermostats. The need for heat is proving natural gas prices with some welcomed stability on Wednesday and leading UNG to some of the strongest gains across the entire ETF universe.

Investors looking for a taste of natural gas as we head into colder months should check out the equity-backed First Trust ISE-Revere Natural Gas Index Fund ( FCG) over UNG.

Global X Silver Miners ETF ( SIL) 1.7%

Precious metals ETFs are rising across the board today. While SIL is the biggest mover, other notable gains can be seen from Market Vectors Junior Gold Miners ETF ( GDXJ) and ETFS Physical Palladium Shares ( PALL). SIL and PALL are both up today.

Base metals are also seeing notable action today. SPDR S&P Metals & Mining ETF ( XME) is gaining 1%.

iShares MSCI Turkey Investable Market Index Fund ( TUR) 1.0%

The markets are choppy in the U.S. today but around the world there are a number of pockets of strength. TUR is seeing some notable gains today after the International Monetary Fund predicted that the nation would be the fastest growing European economy in 2010.

iShares MSCI South Korea Index Fund ( EWY) and iShares MSCI Austria Investable Market Index Fund ( EWO) are two other international ETFs heading noticeably higher today.

Losers

PowerShares Dynamic Networking Portfolio ( PXQ) -3.7%

Steep drops from a handful of players are weighing heavily on tech-related ETFs such as PXQ and First Trust Dow Jones Internet Index Fund ( FDN). An 11% decline from Citrix ( CTXS) and a nearly 10% dip from VMWare ( VMW) is punishing PXQ, while similarly steep drops from Akami Technologies ( AKAM) and Salesforce.com ( CRM) are leading FDN lower.

ProShares UltraShort 20+ Year Treasury Bond Fund ( TBT) -2.8%

The decline seen from today's ADP jobs report is raising investor concerns, leading them to return to defensive plays. Long term U.S. government-issued Treasuries are proving to be one of the more popular classes. iShares Barclays 20+ Year Treasury Bond Fund ( TLT) was up around 1% in late morning trading. In response, TBT is taking a heavy hit.

iShares Dow Jones U.S. Healthcare Providers Index Fund ( IHF) -1.5%

IHF's tumble on Wednesday can be attributed to weakness from across a number of its top positions. UnitedHealth Group ( UNH), Express Scripts ( ESRX), Aetna ( AET), and Wellpoint ( WLP) represent four of IHF's top five holdings and together account for 36% of the fund's total portfolio. Early this afternoon, each of these firms was down over 2%.

All prices as of 2:15 PM EST

-- Written by Don Dion in Williamstown, Mass.

At the time of publication, Dion Money Management was long iShares MSCI Turkey Investable Market Index Fund, First Trust Dow Jones Internet Index Fund and Market Vectors: Gold Miners.

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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