Benzinga's Top ETF Decliners, October 5th (ERY, TVIX, SOXS, SMN)

Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) dropped 10.32% on Wednesday, and it closed at $20.51. Marathon Oil Corporation (NYSE: MRO) spiked 7.35%, and Halliburton Company (NYSE: HAL) added 6.13%.

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) fell 10.14%, and it closed at $78.01. This was the second trading session in a row that TVIX closed lower.

Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) lost 9.18%, and closed at $77.36. In the semiconductor space, Broadcom Corporation (NASDAQ: BRCM) gained 4.53%.

ProShares UltraShort Basic Materials (ETF) (NYSE: SMN) traded 9.02% lower as Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) spiked 7.13% on Wednesday.