FMCX vs. MUSQ ETF Comparison

Comparison of FMC Excelsior Focus Equity ETF (FMCX) to MUSQ Global Music Industry ETF (MUSQ)
FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.70

Average Daily Volume

104

Number of Holdings *

52

* 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

$23.57

Average Daily Volume

1,534

Number of Holdings *

16

* may have additional holdings in another (foreign) market
Performance
Period FMCX MUSQ
30 Days -0.82% 1.27%
60 Days 2.18% 0.07%
90 Days 8.17% 1.75%
12 Months 32.46% 2.37%
3 Overlapping Holdings
Symbol Grade Weight in FMCX Weight in MUSQ Overlap
AAPL C 6.93% 5.28% 5.28%
AMZN A 5.01% 5.24% 5.01%
GOOGL A 1.77% 4.6% 1.77%
FMCX Overweight 49 Positions Relative to MUSQ
Symbol Grade Weight
UNH C 6.84%
KKR B 6.14%
IAC F 5.35%
GDDY A 4.98%
MSFT D 4.79%
LBRDK A 4.24%
LSXMK D 4.22%
GGG D 3.98%
PYPL B 3.9%
MTCH C 3.18%
LSXMA D 1.79%
LBRDA A 1.74%
PG D 1.3%
PM A 1.21%
YUM D 1.18%
CMCSA A 1.13%
MCD C 1.12%
AMGN C 1.11%
KEYS C 1.06%
VUSB A 0.92%
ICSH A 0.92%
GILD A 0.87%
CL F 0.85%
MO A 0.84%
ENTG D 0.82%
ARWR F 0.72%
NKE F 0.68%
HON B 0.6%
DHR D 0.55%
GOOG A 0.5%
BAX F 0.47%
YUMC A 0.42%
MUSA C 0.4%
SPGI D 0.37%
MTX C 0.33%
KEX D 0.33%
EQR D 0.3%
JPM A 0.3%
MUR F 0.25%
V A 0.21%
FWONK A 0.21%
BKNG A 0.19%
FLWS B 0.15%
GD C 0.13%
BATRK C 0.11%
PNR B 0.1%
FWONA A 0.05%
VMEO C 0.03%
BATRA D 0.02%
FMCX Underweight 13 Positions Relative to MUSQ
Symbol Grade Weight
SONY D -4.08%
SPOT A -4.04%
LYV A -3.34%
EDR A -2.71%
WMG A -2.55%
MSGE C -2.47%
DLB B -2.32%
SONO C -2.26%
RSVR B -2.23%
TSQ F -2.2%
TME D -2.07%
SIRI C -1.92%
MDIA F -0.74%
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