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
06/16/2025 | 08:00 pm
USD 4.42

Current Spot Price USD 4.43
06/16/2025 | 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	0.15%	-4.54%	-8.21%	-6.28%	-2.92%

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
Polaris Inc.	PII	5.65
Noble Corp Plc	NE	5.64
Northern Oil And Gas Inc	NOG	4.77
Armour Residential Reit Inc	ARR	3.65
Western Un Co	WU	3.51
Carters Inc	CRI	3.38
Park Hotels & Resorts Inc	PK	3.12
Organon & Co	OGN	2.99
Dynex Capital Inc	DX	2.97
Arbor Realty Trust Inc	ABR	2.61
Delek Us Holdings Inc	DK	2.60
Chemours Co	CC	2.43
Blackstone Mortgage Trust Inc	BXMT	2.24
XEROX HOLDINGS CORPORATION	XRX	2.16
Apple Hospitality Reit Inc	APLE	2.09
Outfront Media Inc	OUT	2.02
Orchid Island Capital Inc	ORC	1.82
Artisan Partners Asset Management Inc	APAM	1.74
Innovative Industrial Proper	IIPR	1.66
Bloomin Brands Inc	BLMN	1.62
Hercules Technology Growth Capital Inc	HTGC	1.56
Golub Capital BDC Inc	GBDC	1.52
Dineequity Inc	DIN	1.43
Uwm Holdings Corp	UWMC	1.41
GUESS? INC	GES	1.40
Rlj Lodging Trust	RLJ	1.29
Easterly Government Properties Inc	DEA	1.15
Invesco Mortgage Capital	IVR	1.11
PennantPark Floating Rate Capital Ltd	PFLT	1.07
TWO HARBORS INVESTMENT CORP	TWO	1.07
Tronox Ltd-cl A	TROX	1.01
Ellington Financial LLC (EFC)	EFC	0.96
Ready Capital Corp	RC	0.93
Shutterstock Inc	SSTK	0.91
MFA Financial Inc	MFA	0.86
Brandywine Realty Trust	BDN	0.84
Capital Southwest Corp	CSWC	0.84
Global Net Lease Inc	GNL	0.77
Oaktree Specialty Lending Corp	OCSL	0.75
Apollo Commercial Real Estat	ARI	0.74
Goldman Sachs Bdc Closed End Fund	GSBD	0.74
TPG Specialty Lending Inc	TSLX	0.69
Prospect Capital Corp	PSEC	0.66
Pennymac Portgage Investment	PMT	0.66
Genco Shipping & Trading Ltd	GNK	0.64
Chimera Investment Corp	CIM	0.64
MATIV INC	MATV	0.63
Trinity Capital Inc	TRIN	0.57
Diversified Energy Co Plc	DEC	0.52
B&g Foods Inc	BGS	0.52
Armada Hoffler Properties Inc	AHH	0.51
Gray Television Inc	GTN	0.49
Vitesse Energy Inc	VTS	0.45
Deluxe Corp	DLX	0.44
Ladder Capital Corp	LADR	0.41
Piedmont Office Realty Trust Inc	PDM	0.41
Tpg Re Finance Trust Inc	TRTX	0.40
Redwood Trust Inc	RWT	0.38
Cto Realty Growth Inc	CTO	0.38
Washington Trust Bancorp	WASH	0.37
Gladstone Commercial Corp	GOOD	0.37
TCP Capital Corp	TCPC	0.37
Summit Hotel Properties Inc	INN	0.36
New Mountain Finance Corp	NMFC	0.36
NEW YORK MORTGAGE TRUST INC	NYMT	0.35
Methode Electronics Inc	MEI	0.35
Barings Bdc Inc	BBDC	0.35
Bain Capital Specialty Finance Inc	BCSF	0.35
Ellington Residential Mortgage	EARN	0.34
Brightspire Capital Inc	BRSP	0.33
Franklin Bsp Realty Trust Inc	FBRT	0.33
Fidus Investment Corp	FDUS	0.33
Kkr Real Estate Finance Trus	KREF	0.33
Community Healthcare Trust Inc	CHCT	0.28
Tfs Financial Corp	TFSL	0.26
Flushing Financial Corp	FFIC	0.26
Tcg Bdc Inc	CGBD	0.26
Ares Commercial Real Estate Corp	ACRE	0.26
Acco Brands Corp	ACCO	0.24
Movado Group Inc	MOV	0.23
Global Medical Reit Inc	GMRE	0.22
Granite Ridge Resources Inc	GRNT	0.22
Alexanders Inc	ALX	0.21
GLADSTONE CAPITAL CORP	GLAD	0.21
Solar Capital Ltd	SLRC	0.21
The Rmr Group Inc	RMR	0.20
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
Spok Holdings Inc	SPOK	0.13
SUNRISE REALTY TRUST INC	SUNS	0.13
AG MORTGAGE INVESTMENT TRUST	MITT	0.12
Afc Gamma Inc	AFCG	0.09
Angel Oak Mortgage Inc	AOMR	0.09
Pangaea Logistics Solutions Ltd	PANL	0.08
Nexpoint Credit	NXDT	0.08

Source: Solactive, as of June 16, 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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