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.
In this morning's feature, I pointed to IGV as an attractive play for investors looking for relatively safe exposure to the tech sector. Although, a weak earnings showing from Oracle ( ORCL) has created turmoil for the fund in the near term, it continues to outperform against other single-industry technology ETFs. In order to avoid taking heavy losses, any exposure to IGV and other industry-specific ETFs should be kept small. iPath S&P 500 VIX Short Term Futures ETN ( VXX) -2.8% Although the U.S. markets are seeing tepid action, investors appear unwilling to succumb to fear. For a fifth session, the VIX-tracking VXX is heading lower. This descent has pushed the ETN back to its 200-day moving average. This is a level that has not been tested since the opening half of August.
The VIX index is heading lower as well. It is also trading at levels not seen since August. iShares Dow Jones U.S. Broker-Dealers Index Fund ( IAI) -1.5% A number of financial-related ETFs are taking hits during the middle of the week. The broker-dealer-focused IAI is leading the retreat, however. Although losses can be seen from many of the fund's top holdings, companies such as Jeffries Group ( JEF), CME Group ( CME) and Charles Schwab ( SCHW) appear to be the biggest losers. All prices as of 2:15 PM EST