SOXX — Semiconductor ETF
SOXX is Rubicon's flagship market, offering perpetual futures exposure to the US semiconductor sector.
ETF Overview
Full Name
iShares Semiconductor ETF
Issuer
BlackRock (iShares)
Index
ICE Semiconductor Index
Exchange
NASDAQ
Inception
July 10, 2001
AUM
~$14 billion
Expense Ratio
0.35%
Top Holdings
SOXX tracks the ICE Semiconductor Index, holding major US-listed semiconductor companies:
1
NVIDIA
NVDA
~10%
2
Broadcom
AVGO
~9%
3
AMD
AMD
~8%
4
Qualcomm
QCOM
~7%
5
Texas Instruments
TXN
~6%
6
Applied Materials
AMAT
~5%
7
Lam Research
LRCX
~5%
8
Micron
MU
~4%
9
Intel
INTC
~4%
10
Marvell
MRVL
~4%
Holdings and weights are approximate and change with rebalancing.
Rubicon Contract Specifications
Symbol
SOXX-PERP
Contract Size
1 SOXX share
Quote Currency
USD
Settlement
USDH
Tick Size
$0.01
Minimum Order
0.1 contracts
Maximum Leverage
3x
Margin Requirements
Initial Margin (3x)
33.3%
Initial Margin (2x)
50%
Initial Margin (1x)
100%
Maintenance Margin
5%
Price Oracle
Primary Source
Polygon REST API
Secondary Source
Yahoo Finance
Fallback
Stale cache (60s max)
Update Frequency
Every 3 seconds
We fetch the actual SOXX ETF price directly — not a synthetic basket of component stocks.
Trading Hours
Pre-Market
4:00 AM - 9:30 AM
Live
Regular Hours
9:30 AM - 4:00 PM
Live
After-Hours
4:00 PM - 8:00 PM
Live
Closed
8:00 PM - 4:00 AM
Frozen
Weekends
All day
Frozen
Holiday Schedule
SOXX follows the NYSE holiday calendar. Markets are closed on:
New Year's Day, MLK Day, Presidents' Day, Good Friday
Memorial Day, Juneteenth, Independence Day, Labor Day
Thanksgiving, Christmas
Check NYSE calendar for early closes.
Funding Rate
Interval
Every 8 hours
Payment Times
00:00, 08:00, 16:00 UTC
Calculation
Based on mark vs oracle deviation
Risk Parameters
Max Open Interest
TBD
Price Band
Oracle ± 10%
Funding Rate Cap
± 0.375% per 8h
Typical Trading Characteristics
Based on historical ETF behavior:
Daily Volatility
1.5% - 3% typical
Earnings Season
Higher volatility when holdings report
Market Correlation
High correlation with QQQ/NASDAQ
Sector Events
Sensitive to chip supply/demand news
Why Trade SOXX?
Semiconductor Exposure — Direct access to AI/ML infrastructure boom
Diversification — 30+ holdings reduce single-stock risk
Liquidity — SOXX is the most traded semiconductor ETF
Volatility — Active enough for short-term trading
Leverage — Up to 3x exposure on moves
Trading Considerations
Earnings Season
Major holdings report quarterly. NVDA earnings typically move SOXX 3-5%.
Pre-Market Gaps
Overnight news (chip supply, China tensions, etc.) can cause gaps at open.
Sector Rotation
SOXX is sensitive to growth vs value rotation. Rate decisions impact valuations.
Concentration Risk
NVDA + AVGO + AMD = ~27% of the index. These names drive performance.
Example Trade
Bullish thesis: AI demand continues, semiconductors outperform.
Resources
Last updated