Benzinga's Top ETF Decliners (TZA, TWM, MWN, SMN)

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Direxion Small Cap Bear 3X Shares (
ETF
)
TZA
fell 7.34%, as the Russell 2000 Index gained 2.39% today. TZA closed at $32.08, and had a volume of 23.67M. ProShares UltraShort Russell2000 (
ETF
)
TWM
is a bear ETF that tries to replicate the 200% of the inverse of the performance of the Russell 2000 Index. TWM fell 4.93%, as small cap stocks continued their recovery. Direxion Daily Mid Cap Bear 3X Shares(
ETF
)
MWN
fell 3.85%, on the strength of the Russell Mid-cap Index. ProShares UltraShort Basic Materials (
ETF
)
SMN
dropped 3.72%, and closed at $34.98. Basic materials stocks like Freeport-McMoRan Copper & Gold Inc.
FCX
and Alcoa Inc.
AA
performed well today. Freeport-McMoRan (
FCX
) gained 3.34%, as copper extended its winning streak. Alcoa (
AA
) jumped 2.13%, and closed at $11.05.
Posted In: Sector ETFsBroad U.S. Equity ETFsETFsAluminumDiversified Metals & MiningMaterials
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