JPAN vs. MUSQ ETF Comparison

Comparison of Matthews Japan Active ETF (JPAN) to MUSQ Global Music Industry ETF (MUSQ)

JPAN

Matthews Japan Active ETF

JPAN Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in Japan.

Grade (RS Rating)

Last Trade

$30.41

Average Daily Volume

1,125

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

$23.85

Average Daily Volume

1,577

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JPAN	MUSQ
30 Days	-0.29%	1.46%
60 Days	-4.85%	5.59%
90 Days	-4.71%	0.83%
12 Months	20.96%	-0.63%

1 Overlapping Holdings

	Symbol	Grade	Weight in JPAN	Weight in MUSQ	Overlap
	SONY	B	4.93%	4.82%	4.82%

JPAN Overweight 2 Positions Relative to MUSQ

	Symbol	Grade	Weight
	MUFG	B	5.06%
	SMFG	B	2.94%

JPAN Underweight 14 Positions Relative to MUSQ

Symbol	Grade	Weight
AMZN	C	-5.56%
GOOGL	C	-5.31%
SPOT	B	-4.87%
AAPL	C	-4.79%
IHRT	B	-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%

JPAN: Top Represented Industries & Keywords

Industries: Banks - Global Consumer Electronics