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

Markets closed higher yet MicroSectors FANG+ Index -3X Inverse Leveraged ETN, ProShares UltraPro Short QQQ, ProShares UltraPro Short S&P500 top this unflattering list of yesterday's losers

After yesterday's closing bell, leading equity indices in the US rose as S&P 500 ended the session at 4,045.64 after a 1.61% gain. Nasdaq closed the day at 11,700, having gained 1.97%.

More data out yesterday as United States ISM Non-Manufacturing PMI (Feb) came out at 55.1, while a consensus of analysts was expecting 54.5.

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

ProShares UltraPro Short QQQ | Closed yesterday's session at $36.73

After making its biggest single-day drop of $2.4 (6.13%) since Feb 7, ProShares UltraPro Short QQQ closed at $36.73 yesterday. So far this year, ProShares UltraPro Short QQQ has declined 32% while touching highs around $66.09 earlier this year.

-4.92%: SPXU falls back to $14.3 after shedding 4.92% yesterday

Yesterday's session continued down the same path: a tough session dominated by bearish sentiment left SPXU 74 cents lower, while setting a $14.28 to $14.9 session range.

MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | -9.28% at $26.89

MicroSectors FANG+™ Index -3X Inverse Leveraged ETN dropped by 9.28% ($2.75), its largest single-day drop since Feb 7. The current year has not been the best for MicroSectors FANG+™ Index -3X Inverse Leveraged ETN as it lost 54.13% from its highest point of $89.45.