BBJP vs. MUSQ ETF Comparison

Comparison of JPMorgan BetaBuilders Japan ETF (BBJP) to MUSQ Global Music Industry ETF (MUSQ)

BBJP

JPMorgan BetaBuilders Japan ETF

BBJP Description

The investment seeks to provide total return. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. It will invest at least 40% of its assets in countries other than the United States. The fund may invest in developed or emerging markets. It generally invests at least 25% of its assets in securities that, at the time of purchase are rated investment grade or the unrated equivalent. "Assets" means net assets plus the amount of borrowings for investment purposes. The fund may also use currency related transactions involving currency derivatives as part of its primary investment strategy.

Grade (RS Rating)

Last Trade

$56.13

Average Daily Volume

1,234,228

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MUSQ

MUSQ Global Music Industry ETF

MUSQ Description

The index is comprised of publicly-traded global companies that generate at least 50% of their annual revenue or $1 billion in annual sales from one or more of the sub-segments of the global music industry. Under normal circumstances, the fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of Global Music Investments. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.74

Average Daily Volume

1,527

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBJP	MUSQ
30 Days	-3.27%	0.97%
60 Days	-4.86%	5.08%
90 Days	-4.23%	0.68%
12 Months	11.38%	-0.72%

1 Overlapping Holdings

	Symbol	Grade	Weight in BBJP	Weight in MUSQ	Overlap
	SONY	B	2.77%	4.82%	2.77%

BBJP Overweight 8 Positions Relative to MUSQ

Symbol	Grade	Weight
TM	D	4.9%
MUFG	A	3.28%
SMFG	A	2.22%
MFG	A	1.38%
HMC	F	1.06%
NMR	B	0.42%
AGCO	F	0.16%
MBAVU	A	0.1%

BBJP Underweight 14 Positions Relative to MUSQ

Symbol	Grade	Weight
AMZN	B	-5.56%
GOOGL	B	-5.31%
SPOT	B	-4.87%
AAPL	C	-4.79%
IHRT	B	-4.05%
LYV	A	-3.75%
SONO	C	-3.25%
WMG	C	-3.24%
EDR	A	-3.1%
DLB	F	-3.09%
TSQ	D	-3.05%
TME	F	-2.96%
MSGE	F	-2.75%
RSVR	B	-1.41%