Benzinga's Top ETF Decliners, October 17th (XIV, EDC, TNA, FAS)

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VelocityShares Daily Inverse VIX Short Term ETN XIV fell 10.68% on Monday, and it closed at $6.27. XIV broke its five day winning streak today. Direxion Daily Emerging Markets Bull 3x Shares(ETF) EDC lost 9.82%, and closed at $16.55. Petroleo Brasileiro SA (ADR) PBR, a component of the MSCI Emerging Markets Index, fell 4.67% on Monday. Direxion Daily Small Cap Bull 3X Shares(ETF) TNA traded lower today along with the Russell 2000 Index. TNA closed at $39.13, and it had a volume of 26.95M traded shares. Direxion Daily Financial Bull 3X Shares(ETF) FAS dropped 8.85% today, and it closed at $11.33 as Wells Fargo & Company WFC plunged 8.44%.
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