The Global X Silver Miner ETF's ( SIL) strength indicates that producers across the precious metal spectrum are benefiting from the market's strength.

Losers

Market Vectors Vietnam ETF ( VNM) -1.4%

VNM got off to a rocky start in 2012 as the fund locked in all-time lows. In the past few weeks, however, the fund has staged a dramatic about-face, recovering December's losses.

Vietnam's marketplace is a unique entity. It is not uncommon to see VNM perform independent of other ASEAN nations.

iPath S&P 500 VIX Short Term Futures ETN ( VXX) -0.8%

The fear-tracking VIX index is heading higher, snapping a three day losing streak. Despite this upward action, however, the futures-tracking VXX is struggling to find footing. In 2012, this closely-watched product has witnessed only two days of upward action. This steep, prolonged descent has caused it to give back nearly all of the gains seen during its August run-up.

All prices as of 2:15 PM EST.

Written by Don Dion in Williamstown, Mass.

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At the time of publication, Dion Money Management did not own any equities mentioned.

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