Discover the 3 ETFs that struggled despite Friday's risk-on mood

Markets closed higher yet MicroSectors FANG+ Index -3X Inverse Leveraged ETN, ProShares UltraPro Short QQQ, Direxion Daily Semiconductor Bear 3X Shares top this unflattering list of Friday's losers

A quick update: markets closed higher Friday, as S&P 500 closed the day at 4,450.38, having gained 1.23%. Nasdaq gained 1.45% and closed at 13,800.

Despite Friday's market climb several etfs suffered losses. Take a look at the market's Top Losers.

ProShares UltraPro Short QQQ | Closed Friday's session at $18.91

ProShares UltraPro Short QQQ hit a significant low of $18.91 around 2 days ago, but has since recovered 4.71%.

Direxion Daily Semiconductor Bear 3x Shares | -4.27% at $9.87

Approximately 8 months ago, Direxion Daily Semiconductor Bear 3x Shares reached a significant high of $80.05 but has struggled to hold onto its gains and declined 87.12% since then.

MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | Currently down 5.49% at $8.95

Over the past 7 months, MicroSectors FANG+™ Index -3X Inverse Leveraged ETN has retreated 89.23% from a noteworthy peak of $87.97.