MUSQ vs. FSZ ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to First Trust Switzerland AlphaDex Fund (FSZ)

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

$23.85

Average Daily Volume

1,577

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

FSZ

First Trust Switzerland AlphaDex Fund

FSZ Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Switzerland Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks and/or depositary receipts that comprise the index. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed by S&P to objectively identify and select securities from the S&P Switzerland BMI Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$64.49

Average Daily Volume

3,002

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	FSZ
30 Days	1.46%	-5.76%
60 Days	5.59%	-5.38%
90 Days	0.83%	-6.33%
12 Months	-0.63%	7.31%

0 Overlapping Holdings

	Symbol	Grade	Weight in MUSQ	Weight in FSZ	Overlap

MUSQ Overweight 15 Positions Relative to FSZ

	Symbol	Grade	Weight
	AMZN	C	5.56%
	GOOGL	C	5.31%
	SPOT	B	4.87%
	SONY	B	4.82%
	AAPL	C	4.79%
	IHRT	B	4.05%
	LYV	A	3.75%
	SONO	C	3.25%
	WMG	D	3.24%
	EDR	A	3.1%
	DLB	B	3.09%
	TSQ	D	3.05%
	TME	D	2.96%
	MSGE	F	2.75%
	RSVR	B	1.41%

MUSQ Underweight 3 Positions Relative to FSZ

	Symbol	Grade	Weight
	ABBV	F	-4.18%
	NVS	F	-2.4%
	LOGI	D	-1.34%

MUSQ: Top Represented Industries & Keywords

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

Keywords: Operating System S&P 500 Advertising Services Consumer Electronics Nasdaq 100 Audio Systems Computing Dow Jones Component Entertainment Entertainment Services Hyperscale Information And Communications Technology Laptop Computer Mobile Devices Music Online Retail Playlist Record Labels Smart Speakers Smartphones

FSZ: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Computer Systems

Keywords: Eye Care Products Pharmaceutical Active Pharmaceutical Ingredients Adalimumab Advanced Prostate Cancer Anemia Animal Health Antibiotics Atopic Dermatitis Audiovisual Autoimmune Disease Biotechnology Blood Cancers Blood Test Chronic Idiopathic Constipation Combination Drugs Communication Products Constipation Contact Lens Contact Lenses