Benzinga's Top ETF Decliners (DRV, FAZ, TYP, TZA)

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Direxion Daily Real Estate Bear 3X (
ETF
)
DRV
fell 14.74% on Wednesday, as real estate sector stocks rallied. Vornado Realty Trust
VNO
gained 4.83%, and Boston Properties, Inc.
BXP
jumped 5.34%. Direxion Daily Financial Bear 3X Shares(
ETF
)
FAZ
was also struggling today, as financial stocks continued to move higher. FAZ dropped 12.40% today, and closed at $15.89. Wells Fargo & Company
WFC
spiked 6%, while JPMorgan Chase & Co.
JPM
added 5.01%. Direxion Daily Tech Bear 3x Shares(
ETF
)
TYP
lost 10.98% today, and it extended its losses in the after hours, losing additional 0.56%. In the tech space, Cisco Systems, Inc.
CSCO
gained 5.34% today. Direxion Daily Small Cap Bear 3X Shares(
ETF
)
TZA
fell 10.37%, while the Russell 2000 Index gained 3.67%. TZA had a volume of $48.52M shares.
Posted In: Sector ETFsBroad U.S. Equity ETFsETFsCommunications EquipmentDiversified BanksFinancialsInformation TechnologyOffice REIT'sOther Diversified Financial ServicesReal Estate Management & Development
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