Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) has returned -2.38% so far this year and -6.07% over the past 12 months.
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B
- 1D
- 2.54%
- 1M
- -7.17%
- YTD
- -2.38%
- 6M
- -10.57%
- 1Y
- -6.07%
- 3Y*
- 4.53%
- 5Y*
- -5.55%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Nov 14, 2018, SMHB's average daily return is +0.06%, while the average monthly return is +1.08%. At this rate, your investment would double in approximately 5.4 years.
Historically, 49% of months were positive and 51% were negative. The best month was Apr 2020 with a return of +49.8%, while the worst month was Mar 2020 at -78.7%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.
On a daily basis, SMHB closed higher 49% of trading days. The best single day was Mar 19, 2020 with a return of +62.6%, while the worst single day was Mar 18, 2020 at -51.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.45% | -3.04% | -7.17% | -2.38% | |||||||||
| 2025 | 4.73% | 3.56% | -11.60% | -10.64% | 2.05% | 7.45% | 0.03% | 12.15% | -4.44% | -4.32% | -3.02% | -1.28% | -7.75% |
| 2024 | -14.23% | 0.31% | 8.00% | -4.91% | -0.53% | -2.09% | 12.51% | -5.69% | 9.80% | -9.78% | 3.75% | -10.33% | -15.85% |
| 2023 | 31.59% | -13.85% | -20.42% | -6.16% | -6.41% | 25.59% | 22.66% | -0.06% | -11.63% | -15.64% | 19.57% | 25.03% | 35.96% |
| 2022 | -2.93% | -6.48% | 9.70% | -16.40% | 9.80% | -22.42% | 21.42% | -7.35% | -31.31% | 30.14% | 10.98% | -19.18% | -36.03% |
| 2021 | 14.30% | 13.84% | 8.35% | 6.96% | 5.77% | 5.02% | -4.67% | 1.78% | -2.03% | 5.03% | -8.61% | 10.48% | 68.86% |
Benchmark Metrics
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B has an annualized alpha of -13.25%, beta of 2.06, and R² of 0.37 versus S&P 500 Index. Calculated based on daily prices since November 15, 2018.
- This ETF captured 207.06% of S&P 500 Index gains and 202.35% of its losses — amplifying both gains and losses, but participating more in upside than downside.
- R² of 0.37 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -13.25%
- Beta
- 2.06
- R²
- 0.37
- Upside Capture
- 207.06%
- Downside Capture
- 202.35%
Expense Ratio
SMHB has an expense ratio of 0.85%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SMHB ranks 10 for risk / return — in the bottom 10% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) and compare them to a chosen benchmark (S&P 500 Index).
| SMHB | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.12 | 0.90 | -1.02 |
Sortino ratioReturn per unit of downside risk | 0.18 | 1.39 | -1.21 |
Omega ratioGain probability vs. loss probability | 1.02 | 1.21 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | -0.23 | 1.40 | -1.63 |
Martin ratioReturn relative to average drawdown | -0.61 | 6.61 | -7.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore SMHB risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B provided a 22.87% dividend yield over the last twelve months, with an annual payout of $0.83 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.83 | $0.87 | $1.13 | $1.13 | $1.58 | $1.48 | $1.37 | $3.48 | $0.17 |
Dividend yield | 22.87% | 22.22% | 21.95% | 15.27% | 24.18% | 12.22% | 16.86% | 19.97% | 0.91% |
Monthly Dividends
The table displays the monthly dividend distributions for ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.08 | $0.07 | $0.04 | $0.19 | |||||||||
| 2025 | $0.09 | $0.09 | $0.05 | $0.16 | $0.03 | $0.04 | $0.12 | $0.03 | $0.06 | $0.12 | $0.03 | $0.04 | $0.87 |
| 2024 | $0.16 | $0.05 | $0.04 | $0.17 | $0.09 | $0.08 | $0.15 | $0.04 | $0.09 | $0.14 | $0.03 | $0.07 | $1.13 |
| 2023 | $0.18 | $0.06 | $0.06 | $0.18 | $0.06 | $0.07 | $0.11 | $0.04 | $0.09 | $0.14 | $0.04 | $0.09 | $1.13 |
| 2022 | $0.22 | $0.08 | $0.07 | $0.25 | $0.10 | $0.15 | $0.17 | $0.08 | $0.10 | $0.18 | $0.06 | $0.11 | $1.58 |
| 2021 | $0.12 | $0.05 | $0.10 | $0.17 | $0.09 | $0.12 | $0.19 | $0.09 | $0.10 | $0.21 | $0.14 | $0.10 | $1.48 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B was 90.30%, occurring on Mar 18, 2020. The portfolio has not yet recovered.
The current ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B drawdown is 46.27%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -90.3% | Nov 16, 2018 | 334 | Mar 18, 2020 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...