MUSQ vs. IVRS ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to iShares Future Metaverse Tech and Communications ETF (IVRS)

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 ^*

* may have additional holdings in another (foreign) market

IVRS

iShares Future Metaverse Tech and Communications ETF

IVRS Description

The underlying index measures the performance of equity securities issued by U.S. and non-U.S. companies that enable the "metaverse" and virtual interactions, as determined by Morningstar or its affiliates. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.28

Average Daily Volume

604

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	IVRS
30 Days	1.46%	4.40%
60 Days	5.59%	6.50%
90 Days	0.83%	5.44%
12 Months	-0.63%	14.70%

3 Overlapping Holdings

Symbol	Grade	Weight in MUSQ	Weight in IVRS	Overlap
AAPL	C	4.79%	3.77%	3.77%
GOOGL	C	5.31%	1.61%	1.61%
SONY	B	4.82%	4.35%	4.35%

MUSQ Overweight 12 Positions Relative to IVRS

Symbol	Grade	Weight
AMZN	C	5.56%
SPOT	B	4.87%
IHRT	C	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 24 Positions Relative to IVRS

Symbol	Grade	Weight
META	D	-6.05%
TTWO	A	-4.89%
ADSK	A	-4.88%
EA	A	-4.72%
RBLX	C	-4.72%
PTC	B	-4.71%
ANSS	B	-4.39%
U	C	-4.19%
GRMN	B	-3.92%
CDNS	B	-3.77%
SNPS	B	-3.72%
NVDA	B	-3.18%
MSFT	D	-2.74%
ZM	C	-2.44%
CRM	B	-0.44%
ADBE	C	-0.32%
AMD	F	-0.32%
QCOM	F	-0.28%
INTC	C	-0.18%
MU	D	-0.17%
ANET	C	-0.15%
SNAP	D	-0.02%
MTCH	D	-0.01%
AZPN	A	-0.01%