SMHB

ETRACS 2xMonthly Pay Leveraged U.S. Small Cap High Dividend ETN Series B
*Unless otherwise stated, data provided by FactSet.

SMHB Fund Description

SMHB tracks twice the monthly returns of a dividends selected, liquidity weighted index of U.S. small cap equities.

SMHB Factset Analytics Insight

SMHB is a leveraged take on dividend-paying US small caps. The ETN’s underlying index selects from the 2000 smallest companies on the list of the 3000 largest US stocks, measured by market cap. From this selection pool, the index selects 100 small-caps with the highest estimated 12-month forward dividend yield. Selected constituents are weighted by 3-month average daily dollar volume, with a cap of 5% for any single selection. SMHB applies a 2x leverage factor to this index, reset monthly. This infrequent reset period makes the note suitable for longer holdings periods than a daily-reset product, though investors will still feel the effects of compounding over time. The note pays a monthly coupon equal to twice the yield of the underlying index.SMHB is a replacement (“Series B”) for sibling SMHD, which was still trading but closed for creations as of the note’s launch. Among several minor differences, SMHB includes a feature where the note’s leverage will reset if the underlying index falls by 20% from the previous month, including intraday.

SMHB MSCI ESG Analytics Insight

ETRACS 2xMonthly Pay Leveraged U.S. Small Cap High Dividend ETN Series B has an MSCI ESG Fund Rating of undefined based on a score of 5.23 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ETRACS 2xMonthly Pay Leveraged U.S. Small Cap High Dividend ETN Series B ranks in the 41st percentile within its peer group and in the 47th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SMHB CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 06/13/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SMHB -11.69% -12.73% 1.88% -- -- -- --
SMHB (NAV) -6.39% -12.09% 3.85% -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SMHB Summary Data

UBS
ETRACS
11/08/18
Exchange-Traded Note
0.85%
$51.87M
0.32%

SMHB Portfolio Data

--
07/11/19

SMHB Index Data

Liquidity
Dividends
N/A

SMHB Fund Structure

No
--
N/A / N/A
UBS AG (London Branch)
Low
Medium
2
Monthly

SMHB Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

SMHB Factset Analytics Block Liquidity

As of 06/14/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SMHB. SMHB is rated a N/A out of 5.

SMHB Tradability

53,766
$1.03M
48,475
$988.78K
0.32%
$0.06
0.04%
6.54% / -4.30%
None
100.00%
50,000
0.97
0.09%
--
--
$17.61
N/A

SMHB MSCI ESG Ratings

--
5.23 / 10
46.74
40.55
6.23%
8.45%
366.71