XLC vs. MUSQ ETF Comparison

Comparison of The Communication Services Select Sector SPDR Fund (XLC) to MUSQ Global Music Industry ETF (MUSQ)

XLC

The Communication Services Select Sector SPDR Fund

XLC Description

The investment seeks to correspond generally to the price and yield performance of publicly traded equity securities of companies in the Communication Services Select Sector Index. Normally, the fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as Communication Services companies by the GICS®, including securities of companies from the following industries: diversified telecommunication services; wireless telecommunication services; media; entertainment; and interactive media & services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$90.47

Average Daily Volume

4,547,325

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$23.15

Average Daily Volume

598

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XLC	MUSQ
30 Days	3.92%	-1.71%
60 Days	7.09%	-0.06%
90 Days	5.41%	-5.56%
12 Months	38.44%	0.73%

2 Overlapping Holdings

	Symbol	Grade	Weight in XLC	Weight in MUSQ	Overlap
	GOOGL	C	10.65%	4.66%	4.66%
	LYV	A	2.91%	2.83%	2.83%

XLC Overweight 20 Positions Relative to MUSQ

Symbol	Grade	Weight
META	A	20.35%
GOOG	C	8.79%
NFLX	C	6.11%
DIS	D	4.58%
CMCSA	B	4.52%
VZ	A	4.38%
TMUS	A	4.37%
T	A	4.36%
EA	D	4.29%
TTWO	F	4.25%
CHTR	D	4.06%
OMC	A	3.46%
WBD	D	3.18%
IPG	C	2.03%
NWSA	D	1.72%
MTCH	C	1.65%
FOXA	A	1.63%
PARA	F	1.09%
FOX	A	0.88%
NWS	D	0.54%

XLC Underweight 7 Positions Relative to MUSQ

Symbol	Grade	Weight
AAPL	C	-5.3%
AMZN	C	-5.07%
SONY	B	-4.56%
SPOT	B	-3.71%
LVO	F	-2.95%
MDIA	F	-2.82%
MSGE	B	-2.81%