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.
First Trust Global Wind Energy ETF ( FAN) 3.2% Although some corners of the alternative energy sector are facing pressure in light of ongoing debt negotiations in Washington, the wind power industry ETF is flying higher. FAN's strength can be traced back to the more than 90% gains seen from major holding, Hansen Transmissions, which accounts for close to 4% of the fund's total assets. iPath S&P 500 VIX Short Term Futures ETN ( VXX) 2.0% The markets are starting off the new week on a jittery note as the focus remains directed towards the ongoing debt debate in Washington. In response to the uncertainty, VIX-tracking exchange-traded products are getting a lift. VXX's gains are helping to snap the ETN's four-day losing streak. CurrencyShares Swiss Franc Trust ( FXF) 1.6% In response to the uneasy market environment, many are opting for a risk-off investing approach. The Swiss franc has become a champion amongst defensive-minded investors looking to avoid exposure to the troubled euro. Last week, I highlighted (http://www.thestreet.com/story/11188731/1/investors-flock-to-safe-haven-etfs.html) FXF as a product to keep an eye on as headwinds persist.
iShares MSCI Spain Index Fund ( EWP) -2.2% In this past week's weekly winners and losers piece, I urged investors to avoid ETFs linked to troubled European nations. Although ETFs like EWP and iShares MSCI Italy Index Fund ( EWI) managed to carve out some of the ETF industry's strongest gains, these nations remain wildly volatile. iPath Dow Jones UBS Sugar Subindex Total Return ETN ( SGG) -2.0% The agriculture industry is struggling to find footing as futures-tracking products including SGG, Teucrium Corn ETF ( CORN), iPath Dow Jones UBS Cotton Subindex Total Return ETF ( BAL), and iPath Dow Jones UBS Grains Subindex Total Return ETN ( JJG) lead the market's retreat. Though designed to track this corner of the marketplace, the equity-backed Market Vectors Agribusiness ETF ( MOO) is bucking the downward trend. During early afternoon trading, MOO was up nearly 1%.