NEW YORK ( TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing.
iPath S&P 500 VIX Short Term Futures ETN ( VXX) 2.9% Whatever confidence investors held heading into the weekend has been dashed as investors refocused their attention towards Europe's economic woes. In response to renewed jitters, the fear-tracking VIX index has regained ground, pushing VXX and other linked exchange-traded products higher. Investor sentiment continues to swing at a moment's notice. Caution is warranted here. iShares Barclays 20+ Year Treasury Bond Fund ( TLT) 1.2% As the global markets start out the new week on a sour note, investors are clamoring for exposure to safe haven asset classes. TLT and the PowerShares DB U.S. Dollar Index Bullish Fund ( UUP) are some of the few exchange-traded products heading higher in this choppy market environment.
WisdomTree India Earnings ETF ( EPI) -5.6% Emerging markets are falling out of favor as investors kick off the week on a choppy note. BRIC nations such as India and Russia are leading the way lower, indicated by the standout losses from EPI and the Market Vectors Russia ETF ( RSX) (RSX). With Monday's losses, EPI has returned to previous 2011 all time lows. iShares MSCI Austria Investable Market Index Fund ( EWO) -5.4% Investors expressed confidence towards Europe heading into the weekend as leaders met in Brussels to sort out a solution to the region's ongoing economic crisis. This optimism, however, appears to have been dashed at the start of the week, with funds like EWO, iShares MSCI Spain Index Fund ( EWP) and iShares MSCI Germany Index Fund ( EWG) slide to heavy losses. With sentiment shifting from headline to headline, it is easy to become exposed to losses. Steer clear of this region. iShares Dow Jones U.S. Oil Equipment & Services Index Fund ( IEZ) -4.9% As fear makes a comeback, investors are steering clear of growth-correlated market sectors. Energy producers are among the shunned industries, leading IEZ and the First Trust ISE Revere Natural Gas Index Fund ( FCG) to heavy losses. December has been rough for IEZ. During the opening weeks, the fund has seen only two days of strength. Global X Silver Miners ETF ( SIL) -4.4% Materials producers are being shunned as investors avoid risk in this choppy market environment. As a result, ETFs like SIL and the SPDR S&P Metals & Mining ETF ( XME) are tumbling to industry-leading losses.