Benzinga's Top 5 ETF Gainers (BZQ, DTO, ERY, SCO, EDZ)

ProShares UltraShort MSCI Brazil (ETF) (NYSE: BZQ) led the ETFs with the biggest gain of the day. BZQ is up around 7.8% and currently trades at $26.39. It corresponds to twice the opposite of the daily performance of the MSCI Brazil index, and has a gross expense ratio of 3.27%.

PowerShares DB Crude Oil Double Short ETN (NYSE: DTO) is also doing well today as oil is struggling. DTO gained 6.44% so far and trades around $67.07.

Direxion Daily Energy Bear 3X (ETF) (NYSE: ERY) gained 6.42% today as the Russell 1000 Energy Index fell. This non diversified fund has a gross expense ratio of 0.96%.

Direxion Daily Emerging Markets Bear 3X (NYSE: EDZ) seeks to replicate 300% of the inverse daily performance of the MSCI Emerging Markets Index. EDZ is up 6.06%.

ProShares UltraShort DJ-UBS Crude Oil ETF (NYSE: SCO) has also benefited today from oil's weakness. SCO is up 5.69% and trades around $13.60.