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.


Market Vectors Rare Earth/Strategic Metals ETF ( REMX) 4.2%

On Tuesday morning, investors were greeted to news that China was planning to reduce the amount of rare earth metals it was planning to export in 2011 by 11%. In response to this news, industry leader Rare Element Resources ( REE) took off. Early this afternoon, the firm was up nearly 15%.

Although the fund has cooled off a bit due to the sharp reversal from fellow holding Molycorp ( MCP), REMX is still up considerably.

Market Vectors Junior Gold Miners ETF ( GDXJ) 5%

This week is shaping up to be a jittery one as all three major U.S. indices trade in a shaky manner. Such a scenario bodes well for precious metals and the companies responsible for producing them. On Tuesday, the smaller, volatile junior gold miners were leading the industry higher. Physically backed funds such as iShares Silver Trust ( SLV) were up as well.

iShares MSCI Indonesia Investable Market Index Fund ( EIDO) 1.9%

Although China's markets are heading lower today, elsewhere across Asia, nations are getting a lift. Indonesia, in particular, is seeing gains today, benefiting from an optimistic deficit forecast form the nation's finance minister.

Despite today's lift, investors should continue to exercise caution when venturing into Indonesia ETFs such as EIDO and Market Vectors Indonesia ETF ( IDX). The volatile nature of emerging markets may be inappropriate for risk adverse investors.


Global X China Materials ETF ( CHIM) -2.6%

China's market is still struggling as investors continue to focus on the nation's decision to hike rates for fear of additional tightening measures. Materials are getting hit exceptionally hard due to concerns that economic growth could suffer.

For now, investors should use caution when venturing into this region of the globe.

Global X/Interbolsa FTSE Columbia 20 Index Fund ( CXG) -2.6%

In addition to China, other emerging markets are running into headwinds on Tuesday. Columbia's markets are feeling the pressure, dipping to levels last seen at the start of the month.

GXG had a strong run-up throughout 2010. However, since early November, the fund has remained stuck below its 50-day moving average. This may be an area of interest to pay attention to in the near term.

iShares Barclays 20+ Year Treasury Bond Fund ( TLT) -1.8%

Short-term U.S. Treasuries are taking a shot today, leading the TLT to suffer a notable loss. The ProShares UltraShort 20+ Year Treasury Bond Fund ( TBT) (TBT), which is designed to track double the inverse performance of TLT, meanwhile is gaining ground, jumping over 3.5%.

All prices as of 2:14 PM EST.

Written by Don Dion in Williamstown, Mass.


At the time of publication, Dion Money Management does have a position in any of the equities mentioned.

This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.

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