MUSQ vs. XSD ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to SPDR S&P Semiconductor ETF (XSD)

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

$23.93

Average Daily Volume

1,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSD

SPDR S&P Semiconductor ETF

XSD Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the semiconductor segment of a U.S. total market composite index. In seeking to track the performance of the S&P Semiconductor Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the semiconductors industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$235.63

Average Daily Volume

45,125

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	XSD
30 Days	2.41%	-4.67%
60 Days	5.95%	0.01%
90 Days	2.66%	0.03%
12 Months	0.60%	17.45%

0 Overlapping Holdings

	Symbol	Grade	Weight in MUSQ	Weight in XSD	Overlap

MUSQ Overweight 15 Positions Relative to XSD

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

MUSQ Underweight 37 Positions Relative to XSD

Symbol	Grade	Weight
CRDO	C	-4.33%
RMBS	C	-3.85%
INTC	C	-3.75%
MTSI	B	-3.68%
NVDA	A	-3.63%
MRVL	B	-3.59%
SITM	B	-3.55%
SMTC	B	-3.35%
LSCC	F	-3.33%
AMBA	B	-3.23%
MU	D	-3.21%
TXN	C	-3.04%
AVGO	D	-3.0%
PI	D	-2.9%
QCOM	F	-2.88%
NXPI	F	-2.87%
SLAB	F	-2.79%
ADI	D	-2.78%
ON	F	-2.76%
AMD	F	-2.69%
ALGM	F	-2.61%
POWI	D	-2.54%
FSLR	F	-2.52%
MCHP	F	-2.49%
SWKS	F	-2.42%
OLED	F	-2.35%
CRUS	F	-2.25%
SYNA	D	-2.24%
MPWR	F	-1.86%
QRVO	F	-1.82%
DIOD	F	-1.69%
WOLF	F	-1.57%
MXL	C	-1.31%
INDI	C	-1.14%
AOSL	D	-1.01%
CEVA	B	-0.29%
NVEC	D	-0.16%