Benzinga's Top ETF Decliners (EDC, CZM, BAL, ERX)

Direxion Daily Emerging Markets Bull 3x Shares(ETF) EDC traded sharply lower on Tuesday. It lost 8.86%, and closed at $34.24. EDC traded on a heavy volume today. Its average volume is 2.96M traded shares, and today, it had a volume of 4.17M shares. Direxion Daily China Bull 3x Shares ETF CZM dropped 7.35%, as CNOOC Limited (ADR) CEO slipped 3.90%. China Life Insurance Company Ltd. (ADR) LFC dropped 3.58%, and closed at $63.88. iPath Dow Jones-UBS Cotton Subindex Total Return ETN BAL closed lower its third consecutive trading session. BAL fell 7.21% today, as cotton futures dropped approximately 8.50%. Direxion Daily Energy Bull 3X Shares(ETF) ERX lost 5.64% on Tuesday, and it closed at $44.16. In the energy sector, Halliburton Company HAL fell 2.28%, and closed at $36.46. Chevron Corporation CVX fell 2.04%, and Marathon Oil Corporation MRO dropped 2.86%.
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