ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

An intraday "indicative value" is used to measure the intrinsic value of each ETN and is for reference purposes only. Note: The market price (the actual trading price) of ETNs may be different from their indicative value.
Current Indicative Value
05/08/2025 | 08:00 pm
USD 4.06

Current Spot Price USD 4.09
05/08/2025 | 04:10 pm

Index Profile

Underlying Index	Solactive US Small Cap High Dividend Index
Ticker symbol	SOLSMHD

About the index

The Solactive US Small Cap High Dividend Index is intended to track the price movements of stocks which are publicly traded on US stock exchanges and fulfill certain minimum requirements in terms of market capitalization. From this universe, the stocks with high Forward Looking Distribution Yield.
The Index was created on January 26, 2015, and therefore, has no performance history prior to that date.

Index Historical Returns

Name	1 Month	3 Months	6 Months	1 Year	3 Years
Solactive US Small Cap High Dividend Index	14.10%	-10.55%	-14.77%	-14.45%	-20.25%

Source: UBS Investment Bank, publicly available data.

Historical information presented is furnished as a matter of information only. Historical performance of the Index is not an indication of future performance. Future performance of the Index may differ significantly from historical performance, either positively or negatively.

Index Historical Returns are calculated on the basis of intraday index levels or closing index levels where relevant.

Constituent Weightings

Name	Ticker symbol	% Weight
Polaris Inc.	PII	5.07
Noble Corp Plc	NE	4.73
Northern Oil And Gas Inc	NOG	4.16
Western Un Co	WU	4.14
Armour Residential Reit Inc	ARR	3.90
Carters Inc	CRI	3.85
Park Hotels & Resorts Inc	PK	3.29
Dynex Capital Inc	DX	3.14
Organon & Co	OGN	2.77
Arbor Realty Trust Inc	ABR	2.73
Chemours Co	CC	2.61
Blackstone Mortgage Trust Inc	BXMT	2.31
XEROX HOLDINGS CORPORATION	XRX	2.28
Apple Hospitality Reit Inc	APLE	2.19
Outfront Media Inc	OUT	2.05
Orchid Island Capital Inc	ORC	1.93
Delek Us Holdings Inc	DK	1.87
Artisan Partners Asset Management Inc	APAM	1.74
Innovative Industrial Proper	IIPR	1.69
Hercules Technology Growth Capital Inc	HTGC	1.60
Golub Capital BDC Inc	GBDC	1.58
Uwm Holdings Corp	UWMC	1.51
GUESS? INC	GES	1.38
Rlj Lodging Trust	RLJ	1.33
Bloomin Brands Inc	BLMN	1.33
Dineequity Inc	DIN	1.22
TWO HARBORS INVESTMENT CORP	TWO	1.22
Invesco Mortgage Capital	IVR	1.12
PennantPark Floating Rate Capital Ltd	PFLT	1.10
Easterly Government Properties Inc	DEA	1.06
Ellington Financial LLC (EFC)	EFC	1.02
Ready Capital Corp	RC	0.97
Shutterstock Inc	SSTK	0.97
Tronox Ltd-cl A	TROX	0.97
MFA Financial Inc	MFA	0.90
Global Net Lease Inc	GNL	0.86
Capital Southwest Corp	CSWC	0.85
Brandywine Realty Trust	BDN	0.81
Oaktree Specialty Lending Corp	OCSL	0.78
Prospect Capital Corp	PSEC	0.77
Apollo Commercial Real Estat	ARI	0.75
Goldman Sachs Bdc Closed End Fund	GSBD	0.72
Pennymac Portgage Investment	PMT	0.70
TPG Specialty Lending Inc	TSLX	0.67
Genco Shipping & Trading Ltd	GNK	0.66
Chimera Investment Corp	CIM	0.62
Trinity Capital Inc	TRIN	0.59
B&g Foods Inc	BGS	0.55
MATIV INC	MATV	0.54
Gray Television Inc	GTN	0.54
Armada Hoffler Properties Inc	AHH	0.52
Diversified Energy Co Plc	DEC	0.49
Deluxe Corp	DLX	0.48
Ladder Capital Corp	LADR	0.43
Vitesse Energy Inc	VTS	0.42
Washington Trust Bancorp	WASH	0.41
Tpg Re Finance Trust Inc	TRTX	0.40
Redwood Trust Inc	RWT	0.40
Cto Realty Growth Inc	CTO	0.39
New Mountain Finance Corp	NMFC	0.38
Piedmont Office Realty Trust Inc	PDM	0.38
Bain Capital Specialty Finance Inc	BCSF	0.38
TCP Capital Corp	TCPC	0.37
Gladstone Commercial Corp	GOOD	0.37
Barings Bdc Inc	BBDC	0.36
NEW YORK MORTGAGE TRUST INC	NYMT	0.36
Brightspire Capital Inc	BRSP	0.35
Franklin Bsp Realty Trust Inc	FBRT	0.35
Kkr Real Estate Finance Trus	KREF	0.34
Summit Hotel Properties Inc	INN	0.34
Fidus Investment Corp	FDUS	0.33
Ellington Residential Mortgage	EARN	0.33
Flushing Financial Corp	FFIC	0.31
Tfs Financial Corp	TFSL	0.29
Community Healthcare Trust Inc	CHCT	0.29
Tcg Bdc Inc	CGBD	0.27
Ares Commercial Real Estate Corp	ACRE	0.27
Acco Brands Corp	ACCO	0.27
Methode Electronics Inc	MEI	0.27
Global Medical Reit Inc	GMRE	0.25
Movado Group Inc	MOV	0.24
Alexanders Inc	ALX	0.21
Solar Capital Ltd	SLRC	0.21
GLADSTONE CAPITAL CORP	GLAD	0.21
The Rmr Group Inc	RMR	0.19
Granite Ridge Resources Inc	GRNT	0.19
Midland States Bancorp Inc	MSBI	0.17
Crescent Capital Bdc Inc.	CCAP	0.17
Universal Health Realty Income Trust	UHT	0.17
Chicago Atlantic Real Estate Finance Inc	REFI	0.17
Peakstone Realty Trust	PKST	0.16
RESOURCES CONNECTION INC	RGP	0.15
SUNRISE REALTY TRUST INC	SUNS	0.13
Spok Holdings Inc	SPOK	0.13
AG MORTGAGE INVESTMENT TRUST	MITT	0.12
Afc Gamma Inc	AFCG	0.11
Angel Oak Mortgage Inc	AOMR	0.10
First Of Long Island Corp	FLIC	0.08
Pangaea Logistics Solutions Ltd	PANL	0.08
Nexpoint Credit	NXDT	0.07

Source: Solactive, as of May 08, 2025.

Constituent Weightings

Important legal information specific to ETRACS ETNs.

UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the prospectus, along with the applicable prospectus supplement, to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS. The applicable prospectus supplement for each ETRACS may be viewed by clicking on the ticker symbol of each ETRACS identified above. You may also view any of these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

Disclaimer Business continuity

Important legal and regulatory information:

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