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Equity exchange traded funds pulled back in Monday’s sell-off but Krispy Kreme (NYSE: KKD) shares bucked the downtrend with a 26% rally.

Stock ETFs fell sharply Monday on worries over Europe’s finances while weakness in Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) pushed energy ETFs lower by nearly 2%. ETFs tracking U.S. stocks and the euro fell Monday as worries over the debt problems in Europe’s periphery sapped sentiment. SPDR S&P 500 ETF (NYSEArca: SPY) was down more than 1% while CurrencyShares Euro Trust (NYSEArca: FXE), which follows the movement of the euro versus the dollar, slid nearly 1%.

Exchange traded funds that invest in food-sector stocks were on Monday’s news buffet after quarterly results from Krispy Kreme (NYSE: KKD) and Campbell Soup (NYSE: CPB).

A popular Nasdaq ETF fell harder than the overall market in Monday’s sell-off but the ETF’s top holding, Apple (NasdaqGS: AAPL), held up relatively well amid pressure in the tech sector. PowerShares QQQ (NasdaqGM: QQQ) ended down approx 1.4% but Apple shares fell less than 1%. The Nasdaq-100 ETF has corrected to channel support, said Tarquin Coe, technical analyst at Investors Intelligence, in a note Monday.

Tom Lydon appeared on Yahoo Finance’s Breakout on Monday morning to discuss an ETF designed to capture the market for initial public offerings following the recent blockbuster IPO of LinkedIn (NYSE: LNKD). The First Trust US IPO Index (NYSEArca: FPX) holds 100 IPOs.

The bashing in copper ETFs Monday highlighted investor concerns over the global economy and the debt situation in Europe. ETFs that invest in copper futures and miner stocks lost more than 3% amid the selling. The $200 million iPath Dow Jones-UBS Copper ETN (NYSEArca: JJC) was down more than 3%, as were First Trust ISE Global Copper (NasdaqGM: CU) and Global X Copper Miners ETF (NYSEArca: COPX). Sector bellwether Freeport-McMoRan (NYSE: FCX) was off 3%. Copper prices are seen as a leading indicator of the global economy because the commodity is widely used in building and industry.

The iPath S&P 500 VIX Short-Term Futures ETN (NYSEArca: VXX), which tracks futures contracts on Wall Street’s “fear gauge,” rallied nearly 4% Monday morning as the exchange traded note saw heavy volume of more than 5 million shares in the first half-hour of trading. The VIX-futures ETN jumped as stocks fell with concerns over Europe’s sovereign-debt woes triggering the global sell-off. SPDR S&P 500 ETF (NYSEArca: SPY) was down more than 1% while the Dow slipped about 131 points.

Gregory A. Clay contributed to this article.

Disclosure: None

Source: Equity ETFs Slide but Traders Feast on Krispy Kreme