Benzinga's Top ETF Decliners (FAZ, BDD, PGM, SKF)

Direxion Daily Financial Bear 3X Shares (ETF) (NYSE: FAZ) leads the decliners among the ETFs today. FAZ fell approximately 6.5% and is currently trading around $16.45. FAZ is designed to reflect investment equivalent to 300% inverse of the return of an investment in the Russell 1000 Financials Index.

Falling metals prices have hurt PowerShares DB Base Metals Double Long ETN (NYSE: BDD). BDD is down 4.94% and is currently trading around $18.5.

Barclays Capital Inc iPath ETN DJ-AIG Platinum Total Return Sub-Index (NYSE: PGM) lost 4.5% so far, as Platinum is trading down today.

Banking sector is up today, which is bad news for ProShares UltraShort Financials (ETF) (NYSE: SKF) owners. SKF dropped 4.31% today and is trading around $21.8.