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
06/18/2025 | 08:00 pm
USD 4.34

Current Spot Price USD 4.35
06/18/2025 | 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	0.28%	-5.87%	-4.95%	-7.81%	-5.11%

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
Noble Corp Plc	NE	5.63
Polaris Inc.	PII	5.53
Northern Oil And Gas Inc	NOG	4.78
Armour Residential Reit Inc	ARR	3.71
Western Un Co	WU	3.46
Carters Inc	CRI	3.23
Park Hotels & Resorts Inc	PK	3.11
Dynex Capital Inc	DX	2.98
Organon & Co	OGN	2.93
Arbor Realty Trust Inc	ABR	2.60
Delek Us Holdings Inc	DK	2.53
Chemours Co	CC	2.47
Blackstone Mortgage Trust Inc	BXMT	2.27
XEROX HOLDINGS CORPORATION	XRX	2.13
Apple Hospitality Reit Inc	APLE	2.11
Outfront Media Inc	OUT	2.04
Orchid Island Capital Inc	ORC	1.84
Artisan Partners Asset Management Inc	APAM	1.73
Innovative Industrial Proper	IIPR	1.70
Hercules Technology Growth Capital Inc	HTGC	1.59
Golub Capital BDC Inc	GBDC	1.57
Bloomin Brands Inc	BLMN	1.57
Dineequity Inc	DIN	1.40
Uwm Holdings Corp	UWMC	1.37
GUESS? INC	GES	1.33
Rlj Lodging Trust	RLJ	1.29
Easterly Government Properties Inc	DEA	1.16
PennantPark Floating Rate Capital Ltd	PFLT	1.10
Invesco Mortgage Capital	IVR	1.10
TWO HARBORS INVESTMENT CORP	TWO	1.07
Tronox Ltd-cl A	TROX	1.01
Ready Capital Corp	RC	0.97
Ellington Financial LLC (EFC)	EFC	0.97
Shutterstock Inc	SSTK	0.96
Capital Southwest Corp	CSWC	0.87
MFA Financial Inc	MFA	0.87
Brandywine Realty Trust	BDN	0.83
Global Net Lease Inc	GNL	0.77
Oaktree Specialty Lending Corp	OCSL	0.76
Goldman Sachs Bdc Closed End Fund	GSBD	0.76
Apollo Commercial Real Estat	ARI	0.75
TPG Specialty Lending Inc	TSLX	0.71
Pennymac Portgage Investment	PMT	0.66
Prospect Capital Corp	PSEC	0.65
Genco Shipping & Trading Ltd	GNK	0.64
Chimera Investment Corp	CIM	0.64
MATIV INC	MATV	0.62
Trinity Capital Inc	TRIN	0.58
Diversified Energy Co Plc	DEC	0.55
Armada Hoffler Properties Inc	AHH	0.51
B&g Foods Inc	BGS	0.51
Gray Television Inc	GTN	0.50
Vitesse Energy Inc	VTS	0.44
Deluxe Corp	DLX	0.43
Ladder Capital Corp	LADR	0.42
Piedmont Office Realty Trust Inc	PDM	0.41
Tpg Re Finance Trust Inc	TRTX	0.40
Cto Realty Growth Inc	CTO	0.39
TCP Capital Corp	TCPC	0.38
Redwood Trust Inc	RWT	0.38
Summit Hotel Properties Inc	INN	0.37
Washington Trust Bancorp	WASH	0.37
New Mountain Finance Corp	NMFC	0.37
Gladstone Commercial Corp	GOOD	0.37
Barings Bdc Inc	BBDC	0.36
Bain Capital Specialty Finance Inc	BCSF	0.36
NEW YORK MORTGAGE TRUST INC	NYMT	0.35
Methode Electronics Inc	MEI	0.34
Ellington Residential Mortgage	EARN	0.34
Fidus Investment Corp	FDUS	0.34
Brightspire Capital Inc	BRSP	0.33
Kkr Real Estate Finance Trus	KREF	0.33
Franklin Bsp Realty Trust Inc	FBRT	0.33
Community Healthcare Trust Inc	CHCT	0.28
Flushing Financial Corp	FFIC	0.27
Ares Commercial Real Estate Corp	ACRE	0.26
Tcg Bdc Inc	CGBD	0.26
Tfs Financial Corp	TFSL	0.26
Acco Brands Corp	ACCO	0.24
Movado Group Inc	MOV	0.23
Global Medical Reit Inc	GMRE	0.22
Alexanders Inc	ALX	0.22
Granite Ridge Resources Inc	GRNT	0.22
GLADSTONE CAPITAL CORP	GLAD	0.22
Solar Capital Ltd	SLRC	0.21
The Rmr Group Inc	RMR	0.21
Peakstone Realty Trust	PKST	0.18
Universal Health Realty Income Trust	UHT	0.17
Chicago Atlantic Real Estate Finance Inc	REFI	0.16
Crescent Capital Bdc Inc.	CCAP	0.15
Midland States Bancorp Inc	MSBI	0.14
RESOURCES CONNECTION INC	RGP	0.14
SUNRISE REALTY TRUST INC	SUNS	0.13
Spok Holdings Inc	SPOK	0.13
AG MORTGAGE INVESTMENT TRUST	MITT	0.12
Pangaea Logistics Solutions Ltd	PANL	0.09
Angel Oak Mortgage Inc	AOMR	0.09
Afc Gamma Inc	AFCG	0.09
Nexpoint Credit	NXDT	0.08

Source: Solactive, as of June 19, 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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