Dion's Friday 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

SPDR KBW Regional Banking ETF (KRE) 3.6%

A strong earnings report from JPMorgan ( JPM) is helping to lift all corners of the financial industry on Friday. Leading the way higher are the smaller, more volatile regional banks.

Looking to next week, KRE and other financial-related ETFs will be exciting to watch as a bevy of institutions release their quarterly earnings reports.

Market Vectors Vietnam ETF (VNM) 2.4%

Vietnam is locking in strong gains on Friday, ending the week on a good note. It has been a bipolar week for Asia, however, as India took a shot across the bow, pressured by inflation concerns. Pain lingered into the close of the week as the iShares S&P India Nifty 50 Index Fund ( INDY) traded lower.

iShares PHLX SOX Semiconductor Sector Index Fund (SOXX) 2.1%

Intel's ( INTC) is selling off today after releasing a strong quarterly earnings report. However, the industry bellwether's promising performance is resonating across the rest of the semiconductor industry, propelling the broad-based SOXX to notable gains.

Losers

iPath S&P 500 VIX Short Term Futures ETN (VXX) -5.1%

The VIX-based ETNs are getting battered today after a string of strong earnings reports from a number of economic bellwethers helped power the markets to gains across the board. The short-term focused VXX is getting hit the hardest though both it and the iPath S&P 500 VIX MidTerm Futures ETN ( VXZ) are locking in new all-time lows.

iPath Dow Jones UBS Sugar Total Return Subindex ETN (SGG) -4.2%

Sugar is ending the week on a sour note, prolonging the SGG's sideways run.

Despite today's downward action from SGG, agriculture remains an interesting region of the market to watch. The USDA's report from earlier this week indicates that supply concerns are a factor, which will continue to influence the prices of goods such as grains. Investors looking for a piece of this action should turn to the PowerShares DB Agriculture Fund ( DBA).

ETFS Physical Palladium Shares (PALL) -1.9%

Palladium prices have powered higher in a big way over the past five months, aided by improving economic conditions and rampant interest in the precious metals industry.

On Friday, despite another day of strong market action, PALL is heading lower, likely due to profit-taking. PALL's sister fund, ETFS Physical Platinum Shares ( PPLT) is heading higher today.

All prices as of 2:14 PM EST

At the time of publication, Dion Money Management owned DBA.

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.

More from Emerging Markets

Wall Street Looks To Extends Gains After Goldman Earnings Beat, China Data

Wall Street Looks To Extends Gains After Goldman Earnings Beat, China Data

China's President Xi Jinping Tells Boao Forum He Supports Opening Markets

China's President Xi Jinping Tells Boao Forum He Supports Opening Markets

U.S. Stock Futures Steady; Asia Stocks Mostly Lower

U.S. Stock Futures Steady; Asia Stocks Mostly Lower

Jim Cramer: There Are Plenty of Shorts in Constellation Brands

Jim Cramer: There Are Plenty of Shorts in Constellation Brands

Renault Shares Hit 10-Year High on Nissan Merger Report

Renault Shares Hit 10-Year High on Nissan Merger Report