MUSQ vs. CRTC ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to Xtrackers US National Critical Technologies ETF (CRTC)

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

CRTC

Xtrackers US National Critical Technologies ETF

CRTC Description

CRTC tracks an index of large- and mid-cap companies considered to support critical emerging technologies to the US and its allies. Companies must be associated with one of 14 critical technology sectors and pose low geopolitical risk. Critical technology sectors are determined by a division of the US DoD and include biotechnology, quantum science, wireless tech, advanced materials, advanced computing or software, directed or renewable energy, human-machine interfaces, hypersonics, integration of systems, integrated sensing and cyber, microelectronics, space technology, AI and autonomy. A model developed by J.H. Whitney aims to quantify the level of entanglement that companies share with nation-states defined as adversarial to the US. Companies with a lower geostrategic risk rating are considered. A selection party determines the index holdings on the last Thursday of January, April, July, and October. Holdings are market cap weighted. Rebalance occurs ten days after the selection date.

Grade (RS Rating)

Last Trade

$31.17

Average Daily Volume

3,841

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	CRTC
30 Days	-4.18%	0.96%
60 Days	-7.86%	2.04%
90 Days	-5.25%	3.11%
12 Months	-2.21%

2 Overlapping Holdings

	Symbol	Grade	Weight in MUSQ	Weight in CRTC	Overlap
	AMZN	C	5.07%	4.65%	4.65%
	GOOGL	D	4.66%	4.7%	4.66%

MUSQ Overweight 7 Positions Relative to CRTC

Symbol	Grade	Weight
AAPL	C	5.3%
SONY	C	4.56%
SPOT	B	3.71%
LVO	F	2.95%
LYV	B	2.83%
MDIA	F	2.82%
MSGE	B	2.81%

MUSQ Underweight 8 Positions Relative to CRTC

Symbol	Grade	Weight
NVDA	D	-5.09%
MSFT	C	-4.8%
XOM	D	-3.56%
ABBV	C	-2.32%
CVX	D	-1.83%
ADBE	F	-1.69%
CRM	D	-1.63%
TMO	C	-1.57%