Benzinga's Top ETF Decliners (ERY, EDZ, SMN, DPK)

A rebound in the energy sector created some problems for the owners of Direxion Daily Energy Bear 3X Shares(ETF) ERY. ERY fell 7% today, and it is currently trading at $12.57. Direxion Daily Emerging Markets Bear 3x Shares(ETF) EDZ dropped 6.6% on a strength in the emerging markets. It trades on a solid volume, with 1.2M traded shares. ProShares UltraShort Basic Materls (ETF) SMN is trading in the negative territory, as the basic material stocks are moving higher. Freeport-McMoRan Copper & Gold Inc. FCX is almost 2% up. Direxion Daily Developed Markets Bear 3x Shares(ETF) DPK is heading lower today, and its performance depends on the MSCI EAFE Index. It dropped 4.5% as developed markets rallied.