Benzinga's Top ETF Decliners (UYM, AGQ, EDC, XME)

ProShares Ultra Basic Materials (ETF) UYM is trading lower today, along with the basic materials sector. Alcoa Inc. AA and United States Steel Corporation X are facing big pressure. Alcoa (AA) lost 2.5% and US Steel (X) dropped 3.45% so far. Silver prices are heading lower today, and so is ProShares Ultra Silver (ETF) AGQ. AGQ trades 4.6% down. Emerging markets are struggling today, causing Direxion Daily Emerging Markets Bull 3x Shares(ETF) EDC to trade lower. EDC trades 3.24% down, and it has a volume of 1.74M. SPDR S&P Metals and Mining (ETF) XME trades in the negative territory. It fell 3.45% on the weakness in the mining sector. Newmont Mining Corporation NEM and Titanium Metals Corporation TIE are both trading 3% down.