International Business Times

Benzinga's Top ETF Decliners, January 12th (DAG, UCO, TVIX, SOXS)

By Craig Jones

January 12, 2012 10:45 PM GMT

PowerShares DB Agriculture Double Long ETN (NYSEARCA: DAG) dropped 5.68% on Thursday, on a bearish USDA report for major U.S. crops. The front month corn futures contract dropped 6.14%, or 40 cents, which is the exchange maximum, and wheat lost 6.18%.

ProShares Ultra DJ-UBS Crude Oil (NYSEARCA: UCO) traded lower today, along with crude oil. UCO fell 4.40%, and front month crude oil futures contract price fell below $100.

VelocityShares Daily 2x VIX Short Term ETN (NYSEARCA: TVIX) continued its downtrend on Thursday, with a decrease of 3.12%. TVIX closed at $23.58, and it had a volume of 4.91M traded shares.

Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA: SOXS) lost 2.92%, and it closed at $45.44. In the semiconductor space, Broadcom Corporation (NASDAQ: BRCM) spiked 5.15%.

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