MUSQ vs. MRGR ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to ProShares Merger ETF (MRGR)
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

$23.99

Average Daily Volume

1,596

Number of Holdings *

15

* may have additional holdings in another (foreign) market
MRGR

ProShares Merger ETF

MRGR Description The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.

Grade (RS Rating)

Last Trade

$42.22

Average Daily Volume

811

Number of Holdings *

29

* may have additional holdings in another (foreign) market
Performance
Period MUSQ MRGR
30 Days 1.59% 0.41%
60 Days 6.19% 1.07%
90 Days 1.42% 2.14%
12 Months -0.05% 7.71%
1 Overlapping Holdings
Symbol Grade Weight in MUSQ Weight in MRGR Overlap
EDR A 3.1% 2.53% 2.53%
MUSQ Overweight 14 Positions Relative to MRGR
Symbol Grade Weight
AMZN C 5.56%
GOOGL C 5.31%
SPOT B 4.87%
SONY B 4.82%
AAPL C 4.79%
IHRT C 4.05%
LYV A 3.75%
SONO C 3.25%
WMG C 3.24%
DLB B 3.09%
TSQ D 3.05%
TME D 2.96%
MSGE F 2.75%
RSVR A 1.41%
MUSQ Underweight 28 Positions Relative to MRGR
Symbol Grade Weight
HTLF B -3.58%
DFS B -3.14%
IBTX B -3.02%
SASR B -2.81%
INFN C -2.5%
LBPH A -2.43%
EVRI A -2.42%
NAPA B -2.42%
B B -2.41%
SMAR A -2.41%
ROIC A -2.41%
ALTR B -2.4%
ATSG B -2.4%
ZUO B -2.39%
K A -2.37%
RCM F -2.37%
ENV B -2.37%
CDMO B -2.36%
ANSS B -2.32%
ALE A -2.31%
HCP B -2.3%
MRO B -2.28%
LBRDK C -2.25%
CTLT B -2.2%
JNPR F -2.14%
SPR D -2.11%
CHX C -1.8%
RVNC F -1.42%
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