iShares Semiconductor (SOXXX) price

SOXXX tracks iShares Semiconductor, a fund that holds companies from one industry or theme. Its price follows the fund's share price, which moves with the fortunes of that sector.

Because the fund's holdings share the same industry risks, it tends to swing more than a broad index fund and can lead or lag the wider market for long stretches.

iShares Semiconductor xStock

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SOXXX contract address

XsEsHeiNZf88sABxu74TPuXbQThdaQGdzPVZUBicjtQ

Ticker

SOXXX

Issuer

xStocks

Status

Verified

SOXXX is issued by Backed Finance. Backed Finance issues xStocks through Backed Assets (JE) Limited, which holds the underlying securities with custodians and handles minting and redemption for eligible clients.

What you hold is the token, not the underlying asset. SOXXX tracks the price of iShares Semiconductor, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Backed Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping SOXXX, and it does not issue, back, or custody the token.

The price of SOXXX on Solana is set by on-chain trading. Where liquidity is deep, it tends to stay close to the underlying price. Where liquidity is thin, a small swap can move the price and the gap to the underlying can widen.

Distribution terms for SOXXX are set by Backed Finance. Where the underlying fund pays distributions, issuers usually reflect them in the token rather than paying cash.

SOXXX can be swapped on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours there's no live fund price, so the price of SOXXX comes from on-chain trading alone and can drift from the fund's last close.

Other tokens tracking iShares Semiconductor