Dion's Tuesday ETF Winners and Losers

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.


iShares Gold Trust ( IAU) 1.5%

Safe haven asset classes are taking a hit, indicated by the nearly 1.5% losses seen from the iShares Barclays 20+ Year Treasury Bond Fund ( TLT). Meanwhile, gold is pushing higher, sending IAU and the SPDR Gold Shares ( GLD) to the winners list.

Gold miners are lagging, meanwhile. The Market Vectors Gold Miners ETF ( GDX) is unchanged.

United States Oil Fund ( USO) 1.5%.

Oil futures are heading higher as we approach the middle of the week.

The alternative energy industry is gaining as well, pushing the Guggenheim Solar ETF ( TAN) to its fifth day of upward action. As the broad marketplace attempts to maintain its strength, the volatile fund has managed to break to new 2012 highs and recover to levels last seen in late-October.

WisdomTree Japan Hedged Equity Fund ( DXJ) 1.3%

Japanese equities are heading higher, pushing broad-based funds like the iShares MSCI Japan Index Fund ( EWJ) to strength. The yen's losses, however, is helping to contain any upward action. Investors who opt to venture into Japan's markets using DXJ are better suited for a weak-yen environment. The fund is specifically designed to defend against dollar-yen fluctuations.

Strength can be found in other corners of the developed world as well. The iShares MSCI Italy Index Fund ( EWI) is recovering a good portion of yesterday's losses.


United States Natural Gas Fund ( UNG) -3.6%

Natural gas futures are heading south, pushing UNG along its volatile path.

Meanwhile, a 19% premium is heavily impacting the performance of the iPath Dow Jones UBS Natural Gas Subindex Total Return ETN ( GAZ), causing it to diverge from UNG. The ETN is off less than 2% early afternoon trading. Global X Copper Miners ETF ( COPX) -1.7%

COPX's steep early-year run up helped the fund recapture its 200-day moving average for the first time since breaking below last August. Now, however, it appears as though the fund is taking a breather.

Copper miners and other single subsector producer funds could be in for trouble in the event that growth concerns resurface. Use caution here.

SPDR S&P Biotech ETF ( XBI) -1.5%

Biotech stocks are settling following Monday's rally. As a result, ETFs including XBI and the First Trust Amex Biotechnology Index Fund ( FBT) are witnessing losses.

Dendreon ( DNDN), the closely watched name that saw staggering gains at the start of the week, is giving back some of its winnings, dipping 2.6%.

All prices as of 2:13 PM EST

Written by Don Dion in Williamstown, Mass.


At the time of publication, Dion Money Management owned iShares Gold Trust.

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