MUSQ vs. ATFV ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to Alger 25 ETF (ATFV)

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 ^*

* may have additional holdings in another (foreign) market

ATFV

Alger 25 ETF

ATFV Description

Alger ETF Trust - Alger 25 ETF is an exchange traded fund launched and managed by Fred Alger Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across information technology sectors. It invests in growth stocks of companies across diversified market capitalization. Alger ETF Trust - Alger 25 ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$22.77

Average Daily Volume

7,376

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	ATFV
30 Days	1.27%	2.40%
60 Days	0.07%	7.12%
90 Days	1.75%	17.90%
12 Months	2.37%	55.15%

3 Overlapping Holdings

Symbol	Grade	Weight in MUSQ	Weight in ATFV	Overlap
AAPL	C	5.28%	7.94%	5.28%
AMZN	A	5.24%	10.04%	5.24%
SPOT	A	4.04%	5.0%	4.04%

MUSQ Overweight 13 Positions Relative to ATFV

Symbol	Grade	Weight
GOOGL	A	4.6%
SONY	D	4.08%
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%

MUSQ Underweight 26 Positions Relative to ATFV

Symbol	Grade	Weight
NVDA	B	-10.88%
MSFT	D	-7.7%
NFLX	A	-6.0%
META	B	-4.92%
NTRA	B	-3.94%
ASML	F	-3.66%
HEI	D	-3.48%
CEG	B	-3.42%
TSM	B	-3.01%
VRT	B	-2.95%
AVGO	B	-2.56%
ISRG	B	-2.38%
MELI	A	-2.2%
APP	B	-1.92%
DECK	B	-1.87%
LLY	F	-1.51%
TCOM	A	-1.45%
MASS	F	-1.21%
UBER	C	-1.02%
MU	C	-1.01%
ENVX	D	-0.93%
HCAT	C	-0.9%
CAKE	A	-0.79%
ONON	D	-0.76%
ECL	C	-0.71%
APPF	D	-0.42%