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
10/22/2025 | 08:00 pm
USD 4.33

Current Spot Price USD 4.21
10/22/2025 | 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	-2.36%	-3.97%	8.46%	-11.43%	-1.13%

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
Civitas Resources Inc	CIVI	4.77
Western Un Co	WU	4.65
Noble Corp Plc	NE	4.30
Americold Realty Trust	COLD	4.11
FMC	FMC	4.08
Robert Half Intl Inc	RHI	3.51
Kinetik Holdings Inc	KNTK	3.34
Armour Residential Reit Inc	ARR	3.26
Dynex Capital Inc	DX	3.17
Cogent Communications Holdings Inc	CCOI	3.06
Uwm Holdings Corp	UWMC	2.90
Flowers foods	FLO	2.89
Common stock of Huntsman Corporation	HUN	2.73
Northern Oil And Gas Inc	NOG	2.70
Fs Kkr Capital Corp	FSK	2.44
Park Hotels & Resorts Inc	PK	2.33
Apple Hospitality Reit Inc	APLE	1.99
National Storage Affiliates Trust	NSA	1.94
Orchid Island Capital Inc	ORC	1.88
Arbor Realty Trust Inc	ABR	1.60
Outfront Media Inc	OUT	1.55
Blackstone Mortgage Trust Inc	BXMT	1.35
Artisan Partners Asset Management Inc	APAM	1.26
Hercules Technology Growth Capital Inc	HTGC	1.16
TWO HARBORS INVESTMENT CORP	TWO	1.14
Golub Capital BDC Inc	GBDC	1.11
Bloomin Brands Inc	BLMN	1.10
Atlas Energy Solutions Inc	AESI	1.08
Oxford Industries Inc	OXM	1.05
Rent-a-center Inc	UPBD	1.04
Ellington Financial LLC (EFC)	EFC	0.98
Innovative Industrial Proper	IIPR	0.97
Monro Inc	MNRO	0.89
Rlj Lodging Trust	RLJ	0.88
MFA Financial Inc	MFA	0.79
Alexanders Inc	ALX	0.79
Capital Southwest Corp	CSWC	0.76
Invesco Mortgage Capital	IVR	0.73
Dineequity Inc	DIN	0.72
Trinity Capital Inc	TRIN	0.69
B&g Foods Inc	BGS	0.65
Global Net Lease Inc	GNL	0.65
Easterly Government Properties Inc	DEA	0.65
Pennymac Portgage Investment	PMT	0.61
TPG Specialty Lending Inc	TSLX	0.60
PennantPark Floating Rate Capital Ltd	PFLT	0.59
Brandywine Realty Trust	BDN	0.59
Apollo Commercial Real Estat	ARI	0.55
Oaktree Specialty Lending Corp	OCSL	0.54
Getty Realty Corp	GTY	0.54
Ready Capital Corp	RC	0.49
Goldman Sachs Bdc Closed End Fund	GSBD	0.46
Ladder Capital Corp	LADR	0.45
Sila Realty Trust Inc	SILA	0.45
Gray Television Inc	GTN	0.44
Vitesse Energy Inc	VTS	0.44
Chimera Investment Corp	CIM	0.44
Sinclair Inc	SBGI	0.42
American Assets Trust Inc	AAT	0.42
Tcg Bdc Inc	CGBD	0.38
Kkr Real Estate Finance Trus	KREF	0.37
Redwood Trust Inc	RWT	0.36
Franklin Bsp Realty Trust Inc	FBRT	0.35
GLOBAL MEDICAL REIT INC	GMRE	0.35
New Mountain Finance Corp	NMFC	0.34
Tpg Re Finance Trust Inc	TRTX	0.34
Gladstone Commercial Corp	GOOD	0.32
Cto Realty Growth Inc	CTO	0.29
Tfs Financial Corp	TFSL	0.29
ADAMAS TRUST INC	ADAM	0.27
Bain Capital Specialty Finance Inc	BCSF	0.26
TCP Capital Corp	TCPC	0.25
Armada Hoffler Properties Inc	AHH	0.25
Barings Bdc Inc	BBDC	0.24
Washington Trust Bancorp	WASH	0.24
Fidus Investment Corp	FDUS	0.24
GLADSTONE CAPITAL CORP	GLAD	0.23
Community Healthcare Trust Inc	CHCT	0.22
Brightspire Capital Inc	BRSP	0.22
Crescent Capital Bdc Inc.	CCAP	0.19
Solar Capital Ltd	SLRC	0.18
Granite Ridge Resources Inc	GRNT	0.17
Universal Health Realty Income Trust	UHT	0.16
Curiositystream Inc	CURI	0.16
Newtek Business Services Corp	NEWT	0.15
Movado Group Inc	MOV	0.15
Acco Brands Corp	ACCO	0.13
Spok Holdings Inc	SPOK	0.13
Midland States Bancorp Inc	MSBI	0.13
Saul Centers Inc	BFS	0.12
Ares Commercial Real Estate Corp	ACRE	0.12
Karat Packaging Inc	KRT	0.12
Chicago Atlantic Real Estate Finance Inc	REFI	0.10
One Liberty Properties Inc	OLP	0.09
The Rmr Group Inc	RMR	0.09
Angel Oak Mortgage Inc	AOMR	0.08
AG MORTGAGE INVESTMENT TRUST	MITT	0.08
Alpine Income Property Trust Inc	PINE	0.07
Evolution Petroleum Corp	EPM	0.06
Braemar Hotels & Resorts Inc	BHR	0.06

Source: Solactive, as of October 22, 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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