Benzinga's Top ETF Decliners (SOXS, DPK, SSG, EDZ)

Semiconductor stocks had a great trading session today, which is a bad news for the owners of Direxion Daily Semiconductor Bear 3X SOXS and ProShares UltraShort Semiconductors(ETF) SSG. SOXS and SSG traded sharply down today. SOXS declined 16.46% and SSG dropped 8.79%. Direxion Daily Emerging Markets Bear 3x Shares(ETF) EDZ also struggled today, as the MSCI Emerging Markets Index traded in the positive territory. Direxion Daily Developed Markets Bear 3x Shares(ETF) DPK seeks daily investment results of 300% of the inverse of the price performance of the MSCI EAFE Index. Japan, France and United Kingdom have the biggest weights in this index. DPK fell 9.49% as Banco Santander, S.A. (ADR) STD and Toyota Motor Corporation (ADR) TM traded higher. STD spiked 7.08% and TM added 2.84%.
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Posted In: Sector ETFsEmerging Market ETFsETFsAutomobile ManufacturersConsumer DiscretionaryDiversified BanksFinancials
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