Markets closed lower, with ProShares Ultra VIX Short-Term Futures ETF, Direxion Daily S&P Biotech Bull 3X Shares, ProShares VIX Short-Term Futures ETF making yesterday's list of top losers.
Before today's session begins, here is a reminder of recent events: leading equity indices in the US declined as Nasdaq shed 0.68% and closed at 13,700. After dropping 0.37%, S&P 500 closed at 4,409.59.
In line with markets falling yesterday, some etfs made the list of top losers. Take a look.
ProShares Ultra VIX Short-Term Futures ETF | -5.78% at $2.12
ProShares Ultra VIX Short-Term Futures ETF has lost 39.94% over the last 17 days. More of the same from yesterday's session: ProShares Ultra VIX Short-Term Futures ETF ended yesterday at $2.12 following from closing Friday at $2.25. Overall, this represents a loss of 13 cents or 5.78%.
-4.04%: VIXY lost 4.04% yesterday, ending at $5.46
Yesterday's session continued down the same path: ProShares VIX Short-Term Futures ETF goes down 4.04% to close at $5.46 yesterday.
Biotech Bull and Bear 3X ETF | Closed yesterday's session at $6.95
Biotech Bull and Bear 3X ETF has recovered 65.84% since descending to a significant low of $4.42 around 2 months ago.