Dion's Thursday 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 find out which ETFs are gaining or losing.

Winners

iShares MSCI Italy Index Fund ( EWI) 5.0%

Investor fears are subsiding after the E.U. has indicated that they have arrived at a plan regarding Greece. Although renewed confidence is boding well for nations across the European continent, the most vulnerable nations are seeing the strongest jumps, as indicated by EWI's price action.

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iPath Dow Jones UBS Sugar Subindex Total Return ETN ( SGG) 3.3%

The sugar-tracking ETN struggled during the first half of the week. However, as we head closer to the weekend, this volatile product appears to have found some footing.

This morning, I highlighted the volatile action taking place across the agriculture industry and provided investors with some options they can use to reduce the risk here.

iShares Dow Jones U.S. Healthcare Provider Index Fund ( IHF) 3.0%

The healthcare provider ETF is seeing a notable jump, led higher by top holdings, Express Scripts ( ESRX) and Medco Health Solutions ( MHS) The two companies, which together comprise close to 15% of the fund's assets, are up 6% and 16% respectively after Express Scripts announced plans to purchase Medco for over $29 billion.

Losers

iPath S&P 500 VIX Short Term Futures ETN ( VXX) -4.9%

Market jitters are subsiding and investors are regaining an appetite for risk. As a result, the fear-tracking VXX is stumbling lower for a third day, quickly approaching previous all-time lows. Continue to steer clear of this fund. It is difficult to determine what is in store here.

United States Natural Gas Fund ( UNG) -2.3%

Natural gas futures are taking a shot across the bow despite a favorable Energy Information Administration's weekly storage report that noted fuel stockpiles grew less than analysts expected. Today's losses mark UNG's fourth consecutive day of declines.

iShares Silver Trust ( SLV) -2.2%

Because of its extensive use in a number of industries, silver has traditionally traded in line with the broader markets. Recently, investors have been flocking to this precious metal to seek shelter against uncertainty.

With the markets on the rebound, investors are taking cautious steps back into riskier assets. This, in turn, is causing SLV and iShares Gold Trust ( IAU) to suffer losses today.

All prices as of 2:12 PM EST

Written by Don Dion in Williamstown, Mass.

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At the time of publication, Dion Money Management owned the iShares Gold Trust and iShares Dow Jones U.S. Healthcare Provider Index Fund.

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