Benzinga's Top ETF Decliners (DRV, FAZ, TYP, TZA)

Direxion Daily Real Estate Bear 3X (ETF) DRV fell 14.74% on Wednesday, as real estate sector stocks rallied. Vornado Realty Trust VNO gained 4.83%, and Boston Properties, Inc. BXP jumped 5.34%. Direxion Daily Financial Bear 3X Shares(ETF) FAZ was also struggling today, as financial stocks continued to move higher. FAZ dropped 12.40% today, and closed at $15.89. Wells Fargo & Company WFC spiked 6%, while JPMorgan Chase & Co. JPM added 5.01%. Direxion Daily Tech Bear 3x Shares(ETF) TYP lost 10.98% today, and it extended its losses in the after hours, losing additional 0.56%. In the tech space, Cisco Systems, Inc. CSCO gained 5.34% today. Direxion Daily Small Cap Bear 3X Shares(ETF) TZA fell 10.37%, while the Russell 2000 Index gained 3.67%. TZA had a volume of $48.52M shares.