Dion's Monday 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

Market 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.

Losers

iPath Dow Jones UBS Sugar Total Return Subindex ETN ( SGG) -2.5%

Commodity prices are taking a breather today, with SGG, iPath Dow Jones UBS Cotton Total Return Subindex ETN ( BAL), and the Teucrium Corn ETF ( CORN) all treading in negative territory.

Despite today's downturn, agriculture remains an attractive region of the market. Investors can utilize the Market Vectors Agribusiness ETF ( MOO) or the PowerShares DB Agriculture Fund ( DBA) to watch this industry's performance from a safe place.

iShares MSCI Poland Investable Market Index Fund ( EPOL) -1.7%

The tumultuous debt situation facing Europe appears to have fallen back into vogue today, leading volatile regions of the continent lower. EPOL, iShares MSCI Turkey Investable Market Index Fund ( TUR) and iShares MSCI Spain Index Fund ( EWP) are among the biggest decliners.

iShares Dow Jones U.S. Home Construction Index Fund ( ITB) -1.4%

Homebuilders are taking a hit today. In response, both ITB and the SPDR S&P Homebuilder ETF ( XHB) are slipping to notable losses.

The residential housing market has been, and will likely continue to be a tumultuous region of the market. A better choice for investors looking for real estate exposure is the REIT heavy iShares Cohen & Steers Realty Majors Index Fund ( ICF).

All prices as of 2:15 PM EST

Written by Don Dion in Williamstown, Mass.

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At the time of publication, Dion Money Management owned PowerShares DB Agriculture Fund and iShares Cohen & Steers Realty Majors Index Fund.

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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