MUSQ vs. EWJ ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to iShares MSCI Japan Index Fund (EWJ)

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

$23.27

Average Daily Volume

598

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

EWJ

iShares MSCI Japan Index Fund

EWJ Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Japan Index (the "underlying index"). The fund will at all times invest at least 90% of its assets in the securities of its underlying index and in depositary receipts ("DRs") representing securities in its underlying index. The underlying index consists of stocks traded primarily on the Tokyo Stock Exchange. Components primarily include consumer discretionary, financial and industrials companies.

Grade (RS Rating)

Last Trade

$71.23

Average Daily Volume

6,974,627

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	EWJ
30 Days	-1.19%	-1.03%
60 Days	0.47%	10.18%
90 Days	-5.06%	2.50%
12 Months	2.49%	23.89%

1 Overlapping Holdings

	Symbol	Grade	Weight in MUSQ	Weight in EWJ	Overlap
	SONY	C	4.56%	3.06%	3.06%

MUSQ Overweight 8 Positions Relative to EWJ

	Symbol	Grade	Weight
	AAPL	C	5.3%
	AMZN	C	5.07%
	GOOGL	B	4.66%
	SPOT	B	3.71%
	LVO	F	2.95%
	LYV	A	2.83%
	MDIA	F	2.82%
	MSGE	A	2.81%

MUSQ Underweight 3 Positions Relative to EWJ

	Symbol	Grade	Weight
	TM	D	-4.88%
	MUFG	D	-2.92%
	SMFG	D	-2.06%

MUSQ: Top Represented Industries & Keywords

Industries: Consumer Electronics Internet Content & Information Media - Diversified Broadcasting Entertainment Specialty Retail

Keywords: S&P 500 Nasdaq 100 Operating System Advertising Services Computing Dow Jones Component Hyperscale Information And Communications Technology Laptop Computer Online Retail Smartphones Software Streaming Services Work From Home Advertising Network Animation Application Programming Interface Auction Based Advertising Program Basketball Broadcasting

EWJ: Top Represented Industries & Keywords

Industries: Banks - Global Auto Manufacturers Consumer Electronics

Keywords: Advisory Services Bank Consumer Finance Financial Products Investment Banking Investment Banking Services Mitsui Project Finance Settlement Services Structured Finance Animation Asset And Liability Management Asset Management Auto Parts Automotive Industry Bank Account Bank Deposits Banking Care Insurance Products Cars