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.
Market Vectors Russia ETF ( RSX) 3.7% After a five-day losing streak that pushed the fund to its lowest levels since early October, the Russian market-tracking RSX is finding some strength. India is another battered BRIC nation that appears to be finding some footing. The PowerShares India Portoflio ( PIN) was up over 1.5% during early afternoon trading. Outside of the BRIC acronym, the iShares MSCI Turkey Investable Market Index Fund ( TUR) is seeing gains as well. iShares Dow Jones U.S. Home Construction Index Fund ( ITB) 2.5% Homebuilder ETFs including the iShares sponsored ITB and the SPDR S&P Homebuilder ETF ( XHB) suffered during the first three days of the week, retreating back below their 200-day moving averages. This losing streak appears to have snapped however, as investors have taken cautious steps back into the marketplace. iShares MSCI Switzerland Index Fund ( EWL) 2.0% After suffering a discouraging string of losses, non-EU focused European ETFs like EWL and Global X Norway ETF ( NORW) are finding some room to head higher. The Swiss franc is seeing strength as well, indicated by the upward action seen from the CurrencyShares Swiss Franc Trust ( FXF). As we approach the end of the week, the Swiss National Bank has returned to the headlines, announcing that they are sticking to the cap placed on the currency earlier this year.
iPath S&P 500 VIX Short Term Futures ETN ( VXX) -4.0% The fear index has once again slipped below its 200-day moving average. Barring this past Tuesday's retreat, this is the first time this level has been pierced since late July. VXX is taking a hit as investors regain some confidence. The fund has tumbled to its lowest levels since late October. Market Vectors Solar Energy ETF ( KWT) -0.9% Solar industry leader First Solar ( FSLR) is struggling to find footing following Wednesday's steep drop-off. The company's dramatic downturn has weighed heavily on KWT, causing the fund to carve out a new all-time low. Fellow solar ETF Guggenheim Solar ETF ( TAN) is unchanged.