In trading on Monday, the Direxion S&P Latin America 40 DRRC Index Volatility Response Shares ETF (VLAT) is outperforming other ETFs, up about 1.9% on the day. Components of that ETF showing particular strength include shares of Bancolombia (CIB), off about 0.4% and shares of Fomento Economico Mexicano (FMX), down about 0.5% on the day.