MUSQ vs. GBUY ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to Goldman Sachs New Age Consumer ETF (GBUY)

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

GBUY

Goldman Sachs New Age Consumer ETF

GBUY Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs New Age Consumer Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index. The index is designed to deliver exposure to companies with common equity securities listed on exchanges in certain developed markets that may benefit from the on-going structural shifts in the consumer market due to changes in demographics, technology and preferences (the "New Age Consumer Theme").

Grade (RS Rating)

Last Trade

$35.43

Average Daily Volume

21,739

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	GBUY
30 Days	1.59%	1.24%
60 Days	6.19%	5.01%
90 Days	1.42%	5.44%
12 Months	-0.05%	30.09%

5 Overlapping Holdings

Symbol	Grade	Weight in MUSQ	Weight in GBUY	Overlap
AAPL	C	4.79%	7.62%	4.79%
AMZN	C	5.56%	6.95%	5.56%
LYV	A	3.75%	2.59%	2.59%
SPOT	B	4.87%	2.45%	2.45%
TME	D	2.96%	0.42%	0.42%

MUSQ Overweight 10 Positions Relative to GBUY

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

MUSQ Underweight 18 Positions Relative to GBUY

Symbol	Grade	Weight
NVDA	C	-8.59%
GOOG	C	-6.21%
META	D	-4.07%
MA	C	-4.02%
TJX	A	-2.54%
MRVL	B	-2.44%
TMUS	B	-2.24%
EA	A	-2.15%
DIS	B	-2.13%
CMG	B	-2.1%
NEE	D	-2.01%
MELI	D	-1.6%
AMT	D	-1.54%
SHOP	B	-1.41%
ILMN	D	-0.85%
ELF	C	-0.55%
SE	B	-0.52%
FL	F	-0.44%