Dion's Monday ETF Winners and Losers

NEW YORK ( TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by during the week to find out which ETFs are gaining or losing.


iPath Dow Jones UBS Grains Subindex Total Return ETN ( JJG) 2.7%

After three days of losses, the grain futures-tracking ETN is finding some footing and powering to standout gains. It will be interesting to see how high JJG can go; prior to last week's sell-off, the fund was in a multi-week rally.

Reflecting the strength in this corner of the agriculture industry, the concentrated Teucrium Corn ETF ( CORN) is also seeing impressive upward action.

iShares FTSE China 25 Index Fund ( FXI) 2.2%

For months, investors have expressed concerns about slowing economic growth in China. Although these fears will likely persist in the coming weeks, a strong loan report helped to instill confidence early this week.

Aside from the China-tracking FXI, other emerging market-related ETFs can be found heading higher. Market Vectors Brazil Small Cap ETF ( BRF) and iShares MSCI Philippines Investable Market Index Fund ( EPHE) are both outperforming.

SPDR S&P Semiconductor ETF ( XSD) 2.2%

The technology sector will be exciting to watch this week with industry leaders flocking to Las Vegas to take part in the 2012 International Consumer Electronics Show. As companies unveil their newest products and designs, funds like XSD and the First Trust Dow Jones Internet Index Fund ( FDN) may be worth keeping on the watch list.

Market Vectors Junior Gold Miners ETF ( GDXJ) 1.6%

After closing out the first trading week of 2012 with a pair of losses, the small-cap focused gold miner ETF is rebounding. While investors may want look elsewhere for precious metal exposure, GDXJ will be interesting to watch in the days ahead. Following the fund's steep decline in late 2011, it appears to have found some footing. In the event that gold regains its appeal as a safe haven destination, the fund could be in store for strength.


United States Natural Gas Fund ( UNG) -2.1%

Natural gas is running into a roadblock early on in the week as looming market concerns continue to weigh on investor confidence. It has been a choppy start to 2012 as UNG and the iPath Dow Jones UBS Natural Gas Subindex Total Return ETN ( GAZ) struggle to pick a direction.

The United States Oil Fund ( USO) is faring poorly during early afternoon trading. The futures-backed fund is off approximately 0.5%.

iPath S&P 500 VIX Short Term Futures ETN ( VXX) -1.9%

U.S. indices are kicking off the new week on a subdued note. With Europe managing to stay relatively out of the spotlight, investors have turned their attention to earnings season, which is slated to get started with Alcoa ( AA) after the close.

This environment is boding poorly for the fear-tracking VXX. This product is yet to see its first day of positive action in 2012.

All prices as of 2:14 PM EST.

Written by Don Dion in Williamstown, Mass.


At the time of publication, Dion Money Management owned the First Trust Dow Jones Internet Index Fund.

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