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

Market Vectors Indonesia ETF ( IDX) 2.8%

The Indonesian marketplace is riding higher today, helping IDX recover some of the ground lost in recent weeks due to heightened inflation fears. Since the start of the year, IDX has broken below both its 50- and 200- day moving averages, returning to levels last seen prior to the fund's run up in September.

IDX may have some room to run here as investors attempt to take advantage of the battered fund. However, it is important to remember the fund's volatile nature.

iPath S&P 500 VIX Short Term Futures ETN ( VXX) 2.1%

On Tuesday, investors were greeted to a tepid round of earnings reports which helped set up for today's downward action. Global issues, particularly the U.K.'s surprise negative GDP number, did not helped sentiment either.

Still, it appears investors are making a comeback as evidenced by Tuesday's consumer confidence numbers which came in far better than expected.

iShares Barclays 20+ Year Treasury Bond Fund ( TLT) 1.3%

Despite today's positive economic data relating to the consumer, the markets remain locked in negative territory. Today's jittery performance is another reminder that, although we remain on the path to recovery, protective assets such as long-term U.S. Treasuries are still essential in creating a stable, well-diversified portfolio.

Losers

ETFS Physical Palladium Shares ( PALL) -3.7%

Palladium prices have seen a dramatic run up as investors seek out exposure to all things precious metals. On Tuesday, however, it appears that investors are taking profits, sending the metal lower. The market's downward action is likely not helping palladium, which is used and therefore connected to the performance of various industries.

Other metals-related funds including First Trust ISE Global Copper Index Fund ( CU) and Global X Silver Miners ETF ( SIL) are heading lower today as well.

Market Vectors Vietnam ETF ( VNM) -3.3%

The Vietnam ETF is sliding today as inflation fears crop up.

As evidenced by the performance deviation between IDX and VNM, Southeast Asia remains a noticeably volatile region of the globe. Investors holding onto ETFs which track countries from this region should keep exposure small and maintain a close watch on their performance.

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