ARKW vs. MUSQ ETF Comparison

Comparison of ARK Next Generation Internet ETF (ARKW) to MUSQ Global Music Industry ETF (MUSQ)

ARKW

ARK Next Generation Internet ETF

ARKW Description

Companies within the ARK Next Generation Internet ETF* (ARKW) are focused on and expected to benefit from shifting the bases of technology infrastructure to the cloud, enabling mobile, new and local services, such as companies that rely on or benefit from the increased use of shared technology, infrastructure and services, internet-based products and services, new payment methods, big data, the internet of things, and social distribution and media. These companies may develop, produce or enable: Cloud Computing & Cyber Security; E-Commerce; Big Data & Artificial Intelligence (AI); Mobile Technology and Internet of Things; Social Platforms; Blockchain & P2P; ARKW is an actively managed ETF that seeks long-term growth of capital by investing under normal circumstances primarily (at least 80% of its assets) in domestic and U.S. exchange traded foreign equity securities of companies that are relevant to the Fund’s investment theme of next generation internet.

Grade (RS Rating)

Last Trade

$108.34

Average Daily Volume

155,523

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

$23.99

Average Daily Volume

1,596

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ARKW	MUSQ
30 Days	26.86%	1.59%
60 Days	28.24%	6.19%
90 Days	32.57%	1.42%
12 Months	70.64%	-0.05%

2 Overlapping Holdings

	Symbol	Grade	Weight in ARKW	Weight in MUSQ	Overlap
	AMZN	C	1.05%	5.56%	1.05%
	SPOT	B	1.59%	4.87%	1.59%

ARKW Overweight 31 Positions Relative to MUSQ

Symbol	Grade	Weight
TSLA	B	9.88%
ROKU	D	7.92%
COIN	C	7.68%
RBLX	C	5.81%
HOOD	B	4.88%
SQ	B	4.86%
META	D	4.37%
PLTR	B	4.26%
SHOP	B	4.13%
GENI	C	2.55%
DKNG	B	2.28%
CRWD	B	2.02%
TTD	B	1.89%
NET	B	1.83%
PATH	C	1.56%
MELI	D	1.54%
PD	C	1.51%
AMD	F	1.47%
TOST	B	1.27%
NVDA	C	1.24%
U	C	1.21%
PINS	D	1.18%
RDDT	B	1.17%
RBRK	A	1.09%
TSM	B	1.02%
GTLB	B	0.99%
DDOG	A	0.88%
NU	C	0.78%
MSFT	F	0.73%
PSTG	D	0.56%
QCOM	F	0.4%

ARKW Underweight 13 Positions Relative to MUSQ

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