Benzinga's Top ETF Decliners, January 17th (BOIL, EDZ, NUGT, SCO)

ProShares Ultra DJ-UBS Natural Gas

led the decliners among the ETFs on Tuesday with a 11.15% loss. Natural gas prices are struggling because of the high inventories caused by mild winter and new gas finds. Direxion Daily Emerging Markets Bear 3x Shares(

)

lost 5.49% today, and it closed at $16.52. Vale (ADR)

, a component of the MSCI Emerging Markets Index, jumped 5.40%. Direxion Daily Gold Miners Bull 3X Shares

dropped 4.78% as Newmont Mining Corporation

slipped 3.86%, and Kinross Gold Corporation (

)

plunged 18.81%. ProShares UltraShort DJ-UBS Crude Oil ETF

closed 3.23% lower today as crude oil traded higher on better than expected economic data from China.