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So, at the time of this video, SOXX had just entered a bear market from its 52- week high of $655, right ? In June 2026, this semiconductor ETF fell more than 20% as of this week , sitting at around $520 per share on August 22. A 20% pullback for a fund that has generated over 80% of its income since the beginning of the year is a pretty good situation.
This is not an accidental fall, right? This is a real correction in a sector that I believe has demand prospects for many years to come. So, that's why I bought it. SOXX, if you don't know, is the iShares Semiconductor ETF. It tracks approximately 30 to 34 semiconductor companies listed on U.S. exchanges.
There are Nvidia, Broadcom, Qualcomm, Marvell, Micron and many others. Expense ratio 0.33% , dividends around 0.22%, current P/E around 21, assets under management 300 billion. It was one of the strongest, one of the best ETFs in 2026, generating over 80% of the year-to-date return through the end of June.
And then he rolled away. The reason for this was not a revenue disaster for semiconductor companies. CNBC reported on August 23 that the S&P 500 index fell, dragged down by a sell-off in chipmakers. The reasons are rising oil prices, rising bond yields, and what analysts call short-term positioning fatigue.
Of course, investors who have been making these huge profits all year are locking them in before the reporting season begins. At $520 per share, SOXX is about 20% below its June 2026 high . The 52-week range, you know, is from 238 on the low end to 655 on the high end. The fund is still well above its level at the beginning of the year, but it has rebounded significantly from its peak.
And the reason for this pullback is mostly macroeconomic, not due to changes in the fundamentals of the semiconductor industry. For me, this difference is important when entering this position. On this channel, friends, we talk a lot about generating income from your own portfolios. I won't go into that in today's video, but you should definitely attend the full Arc Options Strategy Workshop after watching.
You'll get a list of my 15 favorite stocks under $30, my two premium calculators, and a complete template for logging trades. So click on the first link below and register. Here's a specific technique that I use, especially when I enter a sector that I believe in after it's been rolling back, right?
So, the first question is: is this driven by the companies' business fundamentals or by macroeconomic conditions and investor behavior? These two questions require completely different answers, right? If semiconductor companies, for example, were not making profits , were sharply reducing their forecasts, and were losing customers to new competitors, a 20% drop would be entirely justified.
You'd really want to be careful on a downturn like that, obviously. But if semiconductor companies are still showing strong profits, winning contracts for AI infrastructure, operating at almost full capacity, and the pullback is caused by bond yields , oil prices, and profit-taking by short-term traders—that's a different situation, I think, okay?
The business hasn't changed, the price has changed, okay ? The latest data points to the second scenario, okay? Nvidia stock has started to come back to life, right? As CNBC reported on August 17: "Memory stocks rose sharply in the week of August 18." Demand for AI equipment remains very high in the second half of 2026.
This pullback is a matter of sentiment and positioning. Nothing is fundamentally broken, okay? That's why this 20% drop from the high is really important, at least for me. Since 2005, the SOXX has had six instances where the threshold of a decline of 20% or more within 180 days has been triggered. The recovery data from these events shows us how seriously investors take these kinds of moments, okay?
A 20% pullback in a fund that has brought 80% of its income since the beginning of the year is not a bottom signal, and I'm not calling it that, okay? This is a price reduction for entry into the history of structural demand for AI, which I believe will continue for many, many more years, not months, okay?
I am not predicting a bottom. I'm just building a position at a price that's 20% lower than it was 2 months ago, in a sector that I believe in for decades to come, okay? Let's talk about what I actually have and why I want more exposure to semiconductors, okay? As you know, I already buy a lot of QQQ on a weekly schedule.
You know, QQQ obviously has a significant share of semiconductors. Nvidia is the biggest or almost the biggest asset, there's Broadcom, Qualcomm and others. But QQQ also contains Amazon, Meta, Alphabet, Netflix, you know, all these valuable companies that are not obvious semiconductor players, okay?
SOXX is obviously a purely semiconductor asset, okay? 100 % of the fund is in the semiconductor sector. So, if I really want to add to my topic of artificial intelligence infrastructure, and not Nasdaq in general, then SOXX is the right tool for me. This downturn really gave me a better price to go in a little more.
And let's talk about the stock split in November, okay? Another point worth paying attention to, which I will talk about. iShares announced a forward split of SOXX shares with an effective date of November 5, 2026. Registration date is November 3rd, okay? This doesn't change the value of the position, okay?
The split adjusts the number of shares outstanding and the price proportionally, but it suggests that BlackRock expects the share price to remain high enough to justify the split to improve accessibility for investors. So, here's a quick summary of all of this, okay? SOXX at 520, of course, could fall lower.
Positioning fatigue can persist, of course. The next reporting season for semiconductor companies could bring disappointment. Any of these things could certainly push it even lower than the June highs. I'm not buying SOXX because I know it's a rock bottom. I'm buying because a 20% pullback in a sector with multi-year drivers of AI demand due to macroeconomic and emotional reasons, rather than fundamental deterioration, is a reasonable opportunity for me to increase the share at a price 20% better than just 2 months ago, right ?
Listen, you know I've been holding positions for years. The price of admission for one week weighs less than whether the thesis will hold up over the next 3-5 years. My thesis is this: the demand for semiconductors from AI training, AI inference, edge computing, and digital infrastructure development—this is a long-standing structural history.
SOXX is the most concentrated exposure to this history available in a major U.S. ETF. Look, I calculated the size of this position relative to my overall portfolio, it's not some excessive bet, just an addition at a price that I think will look very reasonable in 3 years. Of course, I continue my weekly investment in QQQ.
SOXX is a focused addition specifically to the topic of semiconductors for AI. This is not a replacement for my broader accumulation in the Nasdaq. Both tools serve completely different purposes within my one accumulation basket, okay? If SOXX drops even lower, I will likely buy more. That's the essence of buying dips with confidence, right?
You rarely hit rock bottom, and you really shouldn't try to. I have a few questions for you in the comments section below. First, SOXX fell more than 20% from its June highs due to macroeconomic factors and sentiment, not the semiconductor ETFs themselves . Does this pullback seem like a possibility to you, or does the size of the year-to-date gain still make you nervous about entering now?
And secondly, do you own SOXX, VGT, QQQM or a combination of them, you know, for more exposure to semiconductors? And does SOXX's purely semiconductor focus appeal to you more than a broader technology fund? Let us know in the comments below. We always have great discussions there. And if you want to take your portfolio to the next level by learning how to generate income from the positions you already have, whether stocks or ETFs, you should attend the full ARK Options Strategy Seminar.
This is the first link below in the description to today's video . You'll get my 15 favorite stocks under $30, two of my premium calculators, and a complete trade journal template to keep everything organized . This will be the first link in the description for today's video , friends. Remember: sell options, collect premiums, repeat. See you tomorrow.
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