MUSQ vs. JPAN ETF Comparison

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

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

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

Performance

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

1 Overlapping Holdings

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

MUSQ Overweight 14 Positions Relative to JPAN

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%

MUSQ Underweight 2 Positions Relative to JPAN

	Symbol	Grade	Weight
	MUFG	B	-5.06%
	SMFG	B	-2.94%

JPAN: Top Represented Industries & Keywords

Industries: Banks - Global Consumer Electronics