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.
WinnersMarket Vectors Egypt ETF ( EGPT) 3.7% Late last week, Egyptian protestors scored a major victory when, after weeks of pressure, President Mubarak officially announced he was stepping down. The nation will likely remain in focus in the coming days as new leaders attempt to chart a course for Egypt's future. EGPT continues to be a dangerously risky product as share creation remains halted in light of the Egyptian stock market's closure. As of Friday, Feb 11, the fund's premium stood at 14.5%. Market Vectors India Small Cap Index ETF ( SCIF) 2.9% India-related ETFs have gotten battered throughout the opening weeks of 2011 as a combination of inflation fears and corruption concerns weigh heavily on the nation's marketplace.
Monday's strength is welcomed. However, investors should continue to exhibit caution when venturing into this corner of the globe. Global X Uranium ETF ( URA) 2.5% Uranium miners are seeing strength at the start of this week, helping to lift the URA towards previous all-time highs. Leading the fund's index higher are top holdings Cameco ( CCJ) and Uranium One ( UUU). Together, these two components account for approximately 35% of URA's total index.