(SMHB) ETRACS 2xMonthly Pay - Ratings and Ratios
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US90274E1661 • Trading--Leveraged Equity
SMHB: High, Dividend, Securities, Smaller, Companies, US
The ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN (SMHB) is designed to provide two times leveraged exposure to the monthly compounded performance of the Solactive US Small Cap High Dividend Index. The index is comprised of 100 small-capitalization U.S. equity securities that meet specific dividend yield and liquidity criteria, selected from a broader universe of qualifying stocks. The ETN’s leverage amplifies both potential gains and losses, making it a high-risk instrument suited for short-term trading strategies. The product distributes monthly payments based on the index’s performance, offering a unique combination of leveraged equity exposure and income generation.
From a technical perspective, SMHB has recently shown a mixed trend, with its 20-day moving average (5.27) and 50-day moving average (5.16) slightly below its current price (5.43), while its 200-day moving average (5.35) is marginally above. This configuration suggests a potential near-term resistance level at the 200-day average. The average true range (ATR) of 0.17 indicates relatively low volatility over the past 20 days, while the average daily trading volume of 47,193 shares reflects moderate liquidity. The fund’s assets under management (AUM) of $30.69 million are modest compared to larger ETFs, which may impact its trading efficiency during periods of high market stress.
Based on the current technical and fundamental data, the 3-month outlook for SMHB is as follows: - Technical Data: The 200-day moving average (5.35) may act as a resistance level, while the 50-day moving average (5.16) could provide support. If the price breaks above the 200-day average, it may signal a bullish trend, potentially targeting the next resistance at 5.50. Conversely, a breach below the 50-day average could lead to a downtrend, with support at 5.00. - Fundamental Data: The AUM of $30.69 million suggests that SMHB operates with moderate liquidity, which may result in wider bid-ask spreads during periods of low trading activity. The fund’s leveraged structure amplifies market movements, making it sensitive to broader equity market trends and dividend yield fluctuations. - Forecast: Over the next three months, SMHB is likely to remain volatile, with price movements closely tied to the performance of small-cap equities and dividend-focused strategies. If small-cap stocks experience a rally, SMHB could outperform due to its 2x leverage. However, any significant downturn in the broader market could result in amplified losses. Traders should monitor the 200-day and 50-day moving averages as key indicators of trend direction.
Additional Sources for SMHB ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
SMHB ETF Overview
Market Cap in USD | 31m |
Category | Trading--Leveraged Equity |
TER | 0.85% |
IPO / Inception | 2018-11-08 |
SMHB ETF Ratings
Growth 5y | 39.2% |
Fundamental | - |
Dividend | 61.8% |
Rel. Strength Industry | -1.27 |
Analysts | - |
Fair Price Momentum | 5.50 USD |
Fair Price DCF | - |
SMHB Dividends
Dividend Yield 12m | 22.46% |
Yield on Cost 5y | 54.67% |
Annual Growth 5y | -3.15% |
Payout Consistency | 75.5% |
SMHB Growth Ratios
Growth Correlation 3m | 30.5% |
Growth Correlation 12m | 7.2% |
Growth Correlation 5y | 16.2% |
CAGR 5y | 18.63% |
CAGR/Max DD 5y | 0.30 |
Sharpe Ratio 12m | -0.11 |
Alpha | -10.88 |
Beta | 1.08 |
Volatility | 48.95% |
Current Volume | 55.2k |
Average Volume 20d | 43.4k |
As of March 15, 2025, the stock is trading at USD 4.92 with a total of 55,210 shares traded.
Over the past week, the price has changed by -8.56%, over one month by -6.14%, over three months by -6.61% and over the past year by +0.32%.
Partly, yes. Based on ValueRay Analyses, ETRACS 2xMonthly Pay (NYSE ARCA:SMHB) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 39.15 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SMHB as of March 2025 is 5.50. This means that SMHB is currently undervalued and has a potential upside of +11.79% (Margin of Safety).
ETRACS 2xMonthly Pay has no consensus analysts rating.
According to ValueRays Forecast Model, SMHB ETRACS 2xMonthly Pay will be worth about 6.3 in March 2026. The stock is currently trading at 4.92. This means that the stock has a potential upside of +27.85%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 6.3 | 27.8% |