SMHB
-0.13 · -2.98%
$4.16 · NYSE ARCA

ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN (SMHB) ETF Analysis | Trading--Leveraged Equity

UBS · USA
AUM:$21.5M
#– of – in Trading--Leveraged Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 10.5% over the past year, indicating modest price weakness.

Cost Efficiency

Ongoing charge of 0.85% — above average for this category.

What is SMHB?

The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
SMHB returned -10.5% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 0.85% is above average. Verify whether the strategy justifies the cost.
Moderate Concentration
Top 10 holdings make up 31.9% of the ETF — a moderate level of name concentration.
ETF Information
AUM$21.5M
Expense Ratio0.85%
Dividend Yield19.96%
Holdings97
Inception DateNov 2018
Domicile–
Distribution–
Index–
ProviderUBS
Beta2.13
CategoryTrading--Leveraged Equity
CurrencyUSD
Portfolio Impact

How would SMHB affect your portfolio?

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Example preview
6168
+7 points · better diversified

Chart Tools

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+9.0%
1Y
+0.8%
3Y
-0.4%
5Y
-19.6%
OpenBook InsightIf you had invested £10,000 in SMHB 5 years ago, it would have fallen to £8,038 — a loss of £1,962.

Annual Returns

Calendar year performance

SMHB delivered positive returns in 2 of the last 5 calendar years.
YearSMHB
2026 YTD+11.4%
2025-8.1%
2024-15.9%
2023+32.1%
2022-37.9%
CAGR 4yr-10.8%
2/5 positive yearsAvg return: -3.7%Worst year: -37.9% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
30.1%
High
Momentum
+1.5%
30-day change
Support Level
3.96
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Price is consolidating, with low momentum over the recent period.
  • Monitor key support and resistance levels as part of broader risk assessment.