MUSQ vs. ACSI ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to American Customer Satisfaction Core Alpha ETF (ACSI)

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

$23.73

Average Daily Volume

1,548

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACSI

American Customer Satisfaction Core Alpha ETF

ACSI Description

American Customer Satisfaction Core Alpha ETF (the %u201CFund%u201D) seeks to track the performance, before fees and expenses, of the American Customer Satisfaction Investable Index (the %u201CIndex%u201D).

Grade (RS Rating)

Last Trade

$60.28

Average Daily Volume

159

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	ACSI
30 Days	3.70%	5.49%
60 Days	6.86%	8.19%
90 Days	3.86%	11.03%
12 Months	1.34%	32.40%

2 Overlapping Holdings

	Symbol	Grade	Weight in MUSQ	Weight in ACSI	Overlap
	AAPL	C	4.78%	7.16%	4.78%
	AMZN	A	5.01%	5.05%	5.01%

MUSQ Overweight 14 Positions Relative to ACSI

Symbol	Grade	Weight
GOOGL	B	5.23%
SONY	D	4.64%
SPOT	B	3.97%
IHRT	D	3.49%
LYV	B	3.36%
EDR	C	3.13%
TME	C	3.09%
WMG	B	3.07%
DLB	C	3.06%
SONO	C	3.02%
TSQ	D	2.99%
MSGE	B	2.86%
RSVR	B	1.37%
MDIA	F	0.15%

MUSQ Underweight 31 Positions Relative to ACSI

Symbol	Grade	Weight
COST	C	-5.62%
GOOG	B	-5.11%
MSFT	D	-5.08%
META	C	-4.85%
JPM	A	-4.66%
KO	F	-3.53%
PRU	B	-3.39%
HUM	F	-3.28%
TMUS	B	-3.02%
NFLX	A	-2.96%
T	B	-2.84%
UNH	B	-2.82%
VZ	D	-2.64%
ALK	A	-2.62%
TXRH	B	-2.49%
FDX	C	-2.47%
SCHW	B	-2.41%
MS	B	-2.4%
MSI	B	-2.37%
TSLA	A	-2.36%
HLT	B	-2.34%
ORLY	A	-2.3%
YUM	C	-2.24%
TSCO	C	-2.08%
SKX	D	-2.06%
AEO	F	-2.05%
LEVI	F	-2.01%
CLX	C	-1.82%
ATO	C	-1.25%
DUK	D	-1.25%
BRK.A	C	-1.23%