Benzinga's Top ETF Decliners, March 11th (ERY, ZSL, UCO, SMN)

Direxion Daily Energy Bear 3X Shares(ETF) ERY dropped 4.95% today, and it closed at $16.32. In the energy sector, Tesoro Corporation TSO gained 8.45%.

ProShares UltraShort Silver (ETF) ZSL traded lower on the strength in silver. ZSL fell 4.73% on Friday, and it closed at $26.57. It had a volume of 3.95M traded shares.

ProShares Ultra DJ-UBS Crude Oil UCO fell 3.21% today as crude oil traded lower. UCO closed at $52.23, and it had a volume of $52.23.

ProShares UltraShort Basic Materials (ETF) SMN dropped 3.14% as Freeport-McMoRan Copper & Gold Inc. FCX gained 3.54%, and Newmont Mining Corporation NEM added 1.52%.