Benzinga's Top ETF Decliners, February 13th

VelocityShares Daily 2x VIX Short Term ETN (NYSEARCA: TVIX) dropped 15.03% on Monday, and it closed at $16.19. TVIX broke its four-day winning streak today.

Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSEARCA: EDZ) lost 4.56% as PetroChina Company Limited (ADR) (NYSE: PTR) gained 2.13%, and Vale (ADR) (NYSE: VALE) added 1.90%.

ProShares Ultrashort MSCI Brazil (NYSEARCA: BZQ) fell 4.10% today as Petroleo Brasileiro SA (ADR) (NYSE: PBR) gained 1.93%, and Itau Unibanco Holding SA (ADR) (NYSE: ITUB) added 2.59%.

Direxion Daily Small Cap Bear 3X Shares (NYSEARCA: TZA) slipped 4.01% on Monday as the Russell 2000 Index traded higher. TZA closed at $18.72, and it had a volume of 18.54M traded shares.