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
08/13/2025 | 08:00 pm
USD 4.45

Current Spot Price USD 4.47
08/13/2025 | 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	-3.12%	2.19%	-6.14%	-6.33%	-18.85%

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
Western Un Co	WU	5.30
Kinetik Holdings Inc	KNTK	3.72
Park Hotels & Resorts Inc	PK	3.49
Sabra Health Care REIT Inc	SBRA	3.49
Carters Inc	CRI	3.36
Dynex Capital Inc	DX	3.34
Common stock of Huntsman Corporation	HUN	3.19
Medical Properties Trust Inc	MPW	3.16
Arbor Realty Trust Inc	ABR	3.05
Armour Residential Reit Inc	ARR	2.89
Apple Hospitality Reit Inc	APLE	2.73
National Storage Affiliates Trust	NSA	2.56
Uwm Holdings Corp	UWMC	2.40
Millrose Properties Inc	MRP	2.21
Broadstone Net Lease Inc	BNL	2.02
Orchid Island Capital Inc	ORC	1.99
Artisan Partners Asset Management Inc	APAM	1.95
Cogent Communications Holdings Inc	CCOI	1.86
Outfront Media Inc	OUT	1.78
Blackstone Mortgage Trust Inc	BXMT	1.73
Atlas Energy Solutions Inc	AESI	1.66
TWO HARBORS INVESTMENT CORP	TWO	1.52
Hercules Technology Growth Capital Inc	HTGC	1.52
Golub Capital BDC Inc	GBDC	1.46
Monro Inc	MNRO	1.13
Global Net Lease Inc	GNL	1.10
B&g Foods Inc	BGS	1.10
Rlj Lodging Trust	RLJ	1.07
Innovative Industrial Proper	IIPR	1.06
MFA Financial Inc	MFA	1.04
COMPASS TR SHRS	CODI	1.02
Easterly Government Properties Inc	DEA	0.97
Apollo Commercial Real Estat	ARI	0.94
Sila Realty Trust Inc	SILA	0.93
Ellington Financial LLC (EFC)	EFC	0.91
Ltc Properties Inc	LTC	0.89
Invesco Mortgage Capital	IVR	0.86
Tronox Ltd-cl A	TROX	0.85
GUESS? INC	GES	0.84
TPG Specialty Lending Inc	TSLX	0.84
Capital Southwest Corp	CSWC	0.83
Getty Realty Corp	GTY	0.83
Dineequity Inc	DIN	0.77
Pennymac Portgage Investment	PMT	0.76
Trinity Capital Inc	TRIN	0.75
Alexanders Inc	ALX	0.70
Ready Capital Corp	RC	0.69
Brandywine Realty Trust	BDN	0.69
Oaktree Specialty Lending Corp	OCSL	0.65
PennantPark Floating Rate Capital Ltd	PFLT	0.64
Vitesse Energy Inc	VTS	0.63
Ladder Capital Corp	LADR	0.58
Armada Hoffler Properties Inc	AHH	0.54
Chimera Investment Corp	CIM	0.53
Goldman Sachs Bdc Closed End Fund	GSBD	0.53
Deluxe Corp	DLX	0.52
Franklin Bsp Realty Trust Inc	FBRT	0.50
Kkr Real Estate Finance Trus	KREF	0.48
Sinclair Inc	SBGI	0.47
Shutterstock Inc	SSTK	0.46
Tcg Bdc Inc	CGBD	0.42
Tpg Re Finance Trust Inc	TRTX	0.42
Redwood Trust Inc	RWT	0.41
Gladstone Commercial Corp	GOOD	0.40
Cto Realty Growth Inc	CTO	0.37
NEW YORK MORTGAGE TRUST INC	NYMT	0.35
New Mountain Finance Corp	NMFC	0.34
Global Medical Reit Inc	GMRE	0.33
Tfs Financial Corp	TFSL	0.32
Washington Trust Bancorp	WASH	0.31
Barings Bdc Inc	BBDC	0.30
Bain Capital Specialty Finance Inc	BCSF	0.30
Curiositystream Inc	CURI	0.29
TCP Capital Corp	TCPC	0.27
Granite Ridge Resources Inc	GRNT	0.27
Fidus Investment Corp	FDUS	0.26
Crescent Capital Bdc Inc.	CCAP	0.25
Brightspire Capital Inc	BRSP	0.25
Community Healthcare Trust Inc	CHCT	0.25
Movado Group Inc	MOV	0.25
Acco Brands Corp	ACCO	0.22
Frontview Reit Ord	FVR	0.22
Newtek Business Services Corp	NEWT	0.21
Solar Capital Ltd	SLRC	0.21
Flushing Financial Corp	FFIC	0.21
Postal Realty Trust Inc	PSTL	0.20
Spok Holdings Inc	SPOK	0.18
Ares Commercial Real Estate Corp	ACRE	0.18
Midland States Bancorp Inc	MSBI	0.17
GLADSTONE CAPITAL CORP	GLAD	0.16
Kearny Financial Corp	KRNY	0.16
Universal Health Realty Income Trust	UHT	0.16
The Rmr Group Inc	RMR	0.14
Saul Centers Inc	BFS	0.14
Peakstone Realty Trust	PKST	0.12
AG MORTGAGE INVESTMENT TRUST	MITT	0.12
Chicago Atlantic Real Estate Finance Inc	REFI	0.11
One Liberty Properties Inc	OLP	0.10
Alpine Income Property Trust Inc	PINE	0.09
Angel Oak Mortgage Inc	AOMR	0.08

Source: Solactive, as of August 13, 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

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