SOXS is trading 5.15% down because its underlying semiconductor sector is moving higher during the August 11, 2026 session.
- The PHLX Semiconductor Index was up 1.30% at 10:01 a.m. EDT, creating a direct headwind for this leveraged inverse ETF.
- Broader markets remain cautious ahead of the August 12 CPI report, while higher oil prices and Treasury yields limit risk appetite.
- Those macro pressures have not prevented a semiconductor rebound so far.