Benzinga's Top ETF Gainers (SKF, SSG, FAZ, ZSL)

ProShares UltraShort Semiconductors(ETF) (NYSE: SSG) is trading on the upside today because of the weakness of the Dow Jones U.S. Semiconductors Index, whose components, among others, include Intel Corporation (NASDAQ: INTC), Texas Instruments Incorporated (NYSE: TXN) and Applied Materials, Inc. (NASDAQ: AMAT). Intel (INTC) lost approximately 2.8%, while Texas Instruments (TXN) and Applied Materials (AMAT) fell 2.8% and 4.6% respectively. Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) continues to profit on the troubles of the banking sector. FAZ is up around 5% as Bank of America (NYSE: BAC) trades 2.8% down. JP Morgan (NYSE: JPM) and Wells Fargo (NYSE: WFC) are also struggling, JPM is trading 1.7% down and WFC lost 1%. Silver futures are trading in the red zone again which is good news for ProShares UltraShort Silver (ETF) (NYSE: ZSL) which added 4.3%. January Silver futures dropped 2.8% today. ProShares UltraShort Financials (ETF) (NYSE: SKF) is another bear ETF that gained on the weakness in the banking sector. SKF jumped 3.53%.