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
08/01/2025 | 08:00 pm
USD 4.12

Current Spot Price USD 4.20
08/01/2025 | 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	-6.25%	1.48%	-9.27%	-13.12%	-18.32%

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	5.15
Kinetik Holdings Inc	KNTK	3.96
Sabra Health Care REIT Inc	SBRA	3.59
Dynex Capital Inc	DX	3.43
Park Hotels & Resorts Inc	PK	3.33
Medical Properties Trust Inc	MPW	3.25
Armour Residential Reit Inc	ARR	3.20
Carters Inc	CRI	3.16
Common stock of Huntsman Corporation	HUN	3.02
Arbor Realty Trust Inc	ABR	2.96
Apple Hospitality Reit Inc	APLE	2.62
National Storage Affiliates Trust	NSA	2.61
Cogent Communications Holdings Inc	CCOI	2.51
Millrose Properties Inc	MRP	2.13
Broadstone Net Lease Inc	BNL	2.04
Orchid Island Capital Inc	ORC	2.04
Artisan Partners Asset Management Inc	APAM	1.88
Uwm Holdings Corp	UWMC	1.87
Atlas Energy Solutions Inc	AESI	1.79
Blackstone Mortgage Trust Inc	BXMT	1.74
Outfront Media Inc	OUT	1.71
Hercules Technology Growth Capital Inc	HTGC	1.57
TWO HARBORS INVESTMENT CORP	TWO	1.52
Golub Capital BDC Inc	GBDC	1.51
B&g Foods Inc	BGS	1.11
Rlj Lodging Trust	RLJ	1.09
Innovative Industrial Proper	IIPR	1.04
Global Net Lease Inc	GNL	1.03
MFA Financial Inc	MFA	1.01
Monro Inc	MNRO	1.01
Easterly Government Properties Inc	DEA	0.99
Sila Realty Trust Inc	SILA	0.98
Apollo Commercial Real Estat	ARI	0.95
COMPASS TR SHRS	CODI	0.89
Ltc Properties Inc	LTC	0.89
Invesco Mortgage Capital	IVR	0.88
Ellington Financial LLC (EFC)	EFC	0.88
TPG Specialty Lending Inc	TSLX	0.87
Getty Realty Corp	GTY	0.86
Capital Southwest Corp	CSWC	0.85
Dineequity Inc	DIN	0.83
Alexanders Inc	ALX	0.80
GUESS? INC	GES	0.80
Tronox Ltd-cl A	TROX	0.80
Ready Capital Corp	RC	0.77
Pennymac Portgage Investment	PMT	0.76
Trinity Capital Inc	TRIN	0.72
Oaktree Specialty Lending Corp	OCSL	0.67
PennantPark Floating Rate Capital Ltd	PFLT	0.67
Brandywine Realty Trust	BDN	0.67
Vitesse Energy Inc	VTS	0.59
Ladder Capital Corp	LADR	0.58
Chimera Investment Corp	CIM	0.54
Goldman Sachs Bdc Closed End Fund	GSBD	0.54
Armada Hoffler Properties Inc	AHH	0.52
Kkr Real Estate Finance Trus	KREF	0.49
Franklin Bsp Realty Trust Inc	FBRT	0.49
Sinclair Inc	SBGI	0.47
Deluxe Corp	DLX	0.44
Tcg Bdc Inc	CGBD	0.43
Shutterstock Inc	SSTK	0.41
Tpg Re Finance Trust Inc	TRTX	0.41
Gladstone Commercial Corp	GOOD	0.40
Redwood Trust Inc	RWT	0.39
Cto Realty Growth Inc	CTO	0.37
New Mountain Finance Corp	NMFC	0.35
NEW YORK MORTGAGE TRUST INC	NYMT	0.35
Curiositystream Inc	CURI	0.34
Global Medical Reit Inc	GMRE	0.34
Tfs Financial Corp	TFSL	0.33
Bain Capital Specialty Finance Inc	BCSF	0.31
Barings Bdc Inc	BBDC	0.29
Washington Trust Bancorp	WASH	0.29
TCP Capital Corp	TCPC	0.28
Community Healthcare Trust Inc	CHCT	0.27
Fidus Investment Corp	FDUS	0.26
Granite Ridge Resources Inc	GRNT	0.25
Crescent Capital Bdc Inc.	CCAP	0.25
Brightspire Capital Inc	BRSP	0.24
Movado Group Inc	MOV	0.24
Frontview Reit Ord	FVR	0.21
Solar Capital Ltd	SLRC	0.21
Newtek Business Services Corp	NEWT	0.20
Acco Brands Corp	ACCO	0.20
Flushing Financial Corp	FFIC	0.20
Postal Realty Trust Inc	PSTL	0.19
Ares Commercial Real Estate Corp	ACRE	0.18
Spok Holdings Inc	SPOK	0.18
GLADSTONE CAPITAL CORP	GLAD	0.17
Kearny Financial Corp	KRNY	0.16
Universal Health Realty Income Trust	UHT	0.16
Midland States Bancorp Inc	MSBI	0.16
Peakstone Realty Trust	PKST	0.14
The Rmr Group Inc	RMR	0.14
Saul Centers Inc	BFS	0.14
AG MORTGAGE INVESTMENT TRUST	MITT	0.11
Chicago Atlantic Real Estate Finance Inc	REFI	0.10
One Liberty Properties Inc	OLP	0.10
Alpine Income Property Trust Inc	PINE	0.09
Angel Oak Mortgage Inc	AOMR	0.09

Source: Solactive, as of August 01, 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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