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
01/23/2026 | 06:59 pm
USD 4.37

Current Spot Price USD 4.42
01/23/2026 | 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	6.58%	-0.95%	-3.27%	-5.08%	-12.46%

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
Cal-maine Foods Inc	CALM	4.95
Western Un Co	WU	4.69
Americold Realty Trust	COLD	4.33
Millrose Properties Inc	MRP	4.12
Dynex Capital Inc	DX	3.76
Robert Half Intl Inc	RHI	3.60
Uwm Holdings Corp	UWMC	3.10
Northern Oil And Gas Inc	NOG	2.92
Civitas Resources Inc	CIVI	2.83
Armour Residential Reit Inc	ARR	2.77
Flowers foods	FLO	2.55
Kinetik Holdings Inc	KNTK	2.41
Orchid Island Capital Inc	ORC	2.40
Fs Kkr Capital Corp	FSK	2.24
Cogent Communications Holdings Inc	CCOI	2.21
Park Hotels & Resorts Inc	PK	2.09
EPR Properties	EPR	2.05
National Storage Affiliates Trust	NSA	2.01
Newell Brands Inc	NWL	1.96
Apple Hospitality Reit Inc	APLE	1.82
Highwoods Properties Inc.	HIW	1.78
Arbor Realty Trust Inc	ABR	1.69
Alight Inc	ALIT	1.53
Blackstone Mortgage Trust Inc	BXMT	1.46
TWO HARBORS INVESTMENT CORP	TWO	1.38
Douglas Emmett Inc	DEI	1.37
Golub Capital BDC Inc	GBDC	1.35
Hercules Technology Growth Capital Inc	HTGC	1.24
Ellington Financial LLC (EFC)	EFC	1.10
Artisan Partners Asset Management Inc	APAM	1.07
Innovative Industrial Proper	IIPR	1.06
Oxford Industries Inc	OXM	0.89
Rlj Lodging Trust	RLJ	0.86
Rent-a-center Inc	UPBD	0.80
Trinity Capital Inc	TRIN	0.79
Alexanders Inc	ALX	0.79
Brandywine Realty Trust	BDN	0.73
Invesco Mortgage Capital	IVR	0.72
Goldman Sachs Bdc Closed End Fund	GSBD	0.72
Global Net Lease Inc	GNL	0.70
Pennymac Portgage Investment	PMT	0.69
Capital Southwest Corp	CSWC	0.68
Easterly Government Properties Inc	DEA	0.67
MFA Financial Inc	MFA	0.63
TPG Specialty Lending Inc	TSLX	0.61
Oaktree Specialty Lending Corp	OCSL	0.60
Getty Realty Corp	GTY	0.59
PennantPark Floating Rate Capital Ltd	PFLT	0.54
Chimera Investment Corp	CIM	0.53
Apollo Commercial Real Estat	ARI	0.52
B&g Foods Inc	BGS	0.50
Sila Realty Trust Inc	SILA	0.45
Vitesse Energy Inc	VTS	0.45
Tfs Financial Corp	TFSL	0.44
Ladder Capital Corp	LADR	0.44
Diversified Energy Co Plc	DEC	0.43
American Assets Trust Inc	AAT	0.43
Franklin Bsp Realty Trust Inc	FBRT	0.42
Kkr Real Estate Finance Trus	KREF	0.42
Redwood Trust Inc	RWT	0.41
Shutterstock Inc	SSTK	0.38
Tcg Bdc Inc	CGBD	0.38
Sinclair Inc	SBGI	0.38
New Mountain Finance Corp	NMFC	0.36
Barings Bdc Inc	BBDC	0.33
Gladstone Commercial Corp	GOOD	0.33
Bain Capital Specialty Finance Inc	BCSF	0.32
Armada Hoffler Properties Inc	AHH	0.31
Tpg Re Finance Trust Inc	TRTX	0.31
Fidus Investment Corp	FDUS	0.30
Gray Television Inc	GTN	0.30
Nexpoint Residential Trust Inc	NXRT	0.29
GLOBAL MEDICAL REIT INC	GMRE	0.28
Cto Realty Growth Inc	CTO	0.26
ADAMAS TRUST INC	ADAM	0.25
TCP Capital Corp	TCPC	0.25
GLADSTONE CAPITAL CORP	GLAD	0.24
Solar Capital Ltd	SLRC	0.24
Community Healthcare Trust Inc	CHCT	0.22
Brightspire Capital Inc	BRSP	0.22
Washington Trust Bancorp	WASH	0.21
Summit Hotel Properties Inc	INN	0.20
Universal Health Realty Income Trust	UHT	0.19
Vaalco Energy Inc	EGY	0.18
Curiositystream Inc	CURI	0.18
Crescent Capital Bdc Inc.	CCAP	0.17
Granite Ridge Resources Inc	GRNT	0.17
Karat Packaging Inc	KRT	0.15
Acco Brands Corp	ACCO	0.15
The Rmr Group Inc	RMR	0.15
Alpine Income Property Trust Inc	PINE	0.14
Ares Commercial Real Estate Corp	ACRE	0.13
Saul Centers Inc	BFS	0.13
Spok Holdings Inc	SPOK	0.13
One Liberty Properties Inc	OLP	0.12
Chicago Atlantic Real Estate Finance Inc	REFI	0.09
Nexpoint Credit	NXDT	0.09
AG MORTGAGE INVESTMENT TRUST	MITT	0.08
Seven Hills Realty Trust	SEVN	0.08
Brt Apartments Corp	BRT	0.06

Source: Solactive, as of January 23, 2026.

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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