Benzinga's Top ETF Decliners (DRV, EDZ, TZA, FAZ)
Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) is down 7.20% as real estate sector, led by Simon Property Group (NYSE: SPG) and Kimco Realty Corporation (NYSE: KIM) is doing well.
Direxion Daily Emerging Markets Bear 3x Shares(ETF)
(NYSE: EDZ) dropped 7.39% because MSCI Emerging Markets Index is trading in the positive territory.
Direxion Daily Small Cap Bear 3X Shares(ETF) (NYSE: TZA) is another bear ETF that is struggling today. TZA is 6.08%, while Russell 2000 index is up around 1.6%. TZA is designed to replicate investment results equivalent to triple the inverse of the return of an investment in the Russell 2000 Index.
Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) is 6.22% down as financials are trading on the upside. JPMorgan (NYSE: JPM) added 2.20% today.
