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.
Global X Uranium ETF ( URA) 9.1% Uranium miners kicked off this shortened week of trading on a strong note, pushing URA to its highest levels since the start of November. No. 3 holding Paladin Energy is one of the fund's biggest movers despite announcing a mixed output forecast. Although the firm paring back its production expectations, Paladin foresees price improvements down the road. It has been a rough year for this part of the energy market. Investors should continue to use caution here. iShares MSCI Poland Investable Market Index Fund ( EPOL) 4.1% Downgrade fears helped Europe-linked ETFs close out last week on a sour note. Judging by the upward performance from EPOL, the iShares MSCI Turkey Investable Market Index Fund and the iShares MSCI Germany Index Fund ( EWG), however, it appears as though concerns have quickly been brushed off. The market resilience we have seen in recent weeks has been encouraging. Still, investors should exercise extreme caution when it comes to venturing into tumultuous regions like Europe. iShares S&P India Nifty 50 Index Fund ( INDY) 3.8% An encouraging GDP report from China has helped to revive investor confidence in the emerging markets. Not surprising, funds like the iShares FTSE China 25 Index Fund ( FXI) and the Guggenheim China Small Cap ETF ( HAO) are gaining ground following this promising economic news. India, however, is leading the climb higher. Guggenheim Solar ETF ( TAN) 3.4% After Friday's downturn, the solar energy industry has quickly regained its footing, returning to its upward path. While alternative energy producers are leading the way higher, funds designed to track firms linked to oil are also sitting in positive territory. The SPDR S&P Oil & Gas Exploration & Production ETF ( XOP) is up over 1%.
United States Natural Gas Fund ( UNG) -5.3% Mild weather continues to plague natural gas prices and push futures-linked products like UNG and the iPath Dow Jones UBS Natural Gas Subindex Total Return ETN ( GAZ) to new all-time lows. This decline marks both funds' sixth consecutive day of negative action. Given this steep decline, investors may be tempted to try and pick a bottom. This strategy, however, is not recommended; it is unclear what is in store for this troubled segment of the energy spectrum.