MODL vs. MUSQ ETF Comparison

Comparison of VictoryShares WestEnd U.S. Sector ETF (MODL) to MUSQ Global Music Industry ETF (MUSQ)

MODL

VictoryShares WestEnd U.S. Sector ETF

MODL Description

VictoryShares WestEnd U.S. Sector ETF is an exchange traded fund launched and managed by Victory Capital Management Inc. The fund is co-managed by WestEnd Advisors, LLC. It invests in public equity markets of the United States. It invests through other funds in stocks of companies operating across consumer discretionary, consumer staples, health care, financials, information technology, real estate, communication services, and utilities sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with top-down stock picking approach to create its portfolio. VictoryShares WestEnd U.S. Sector ETF was formed on October 11, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$39.12

Average Daily Volume

47,616

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

$22.59

Average Daily Volume

574

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MODL	MUSQ
30 Days	1.89%	-4.18%
60 Days	3.20%	-7.86%
90 Days	4.97%	-5.25%
12 Months	31.12%	-2.21%

3 Overlapping Holdings

Symbol	Grade	Weight in MODL	Weight in MUSQ	Overlap
AAPL	C	5.33%	5.3%	5.3%
AMZN	C	3.66%	5.07%	3.66%
GOOGL	D	2.17%	4.66%	2.17%

MODL Overweight 7 Positions Relative to MUSQ

Symbol	Grade	Weight
MSFT	C	4.64%
NVDA	D	4.27%
LLY	C	2.76%
META	A	2.58%
GOOG	D	1.96%
UNH	C	1.83%
BRK.A	C	1.67%

MODL Underweight 6 Positions Relative to MUSQ

Symbol	Grade	Weight
SONY	C	-4.56%
SPOT	B	-3.71%
LVO	F	-2.95%
LYV	B	-2.83%
MDIA	F	-2.82%
MSGE	B	-2.81%