Benzinga's Top ETF Decliners, July 21st (TVIX, FAZ, ERY, EDZ)

VelocityShares Daily 2x VIX Short Term ETN TVIX traded sharply lower on Thursday on the news that Greece will get another bailout package. TVIX dropped 10.74%, and closed at $16.96. Direxion Daily Financial Bear 3X Shares(ETF) FAZ closed the third trading session in a row lower as Morgan Stanley MS spiked 11.42%, and Citigroup Inc. C added $40.32. Direxion Daily Energy Bear 3X Shares(ETF) ERY lost 5.61%, and closed at $12.28. In the energy sector, Valero Energy Corporation VLO gained 4.47%. Direxion Daily Emerging Markets Bear 3x Shares(ETF) EDZ fell 5.07% as Banco Bradesco SA (ADR) BBD traded 2.19% higher.