MUSQ vs. NBDS ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to Neuberger Berman Disrupters ETF (NBDS)

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

NBDS

Neuberger Berman Disrupters ETF

NBDS Description

Neuberger Berman Disrupters ETF is an exchange traded fund launched and managed by Neuberger Berman Investment Advisers LLC. It invests in public equity markets of global region. The fund invests in stocks of companies operating across information technology, healthcare, communication services, and consumer discretionary sectors. It invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. Neuberger Berman Disrupters ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$31.13

Average Daily Volume

2,825

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	NBDS
30 Days	1.46%	0.57%
60 Days	5.59%	3.96%
90 Days	0.83%	4.69%
12 Months	-0.63%	31.44%

2 Overlapping Holdings

	Symbol	Grade	Weight in MUSQ	Weight in NBDS	Overlap
	AMZN	C	5.56%	4.82%	4.82%
	SPOT	B	4.87%	5.72%	4.87%

MUSQ Overweight 13 Positions Relative to NBDS

Symbol	Grade	Weight
GOOGL	C	5.31%
SONY	B	4.82%
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 21 Positions Relative to NBDS

Symbol	Grade	Weight
NVDA	B	-11.97%
ISRG	A	-5.51%
TW	A	-4.94%
NOW	A	-4.35%
INTU	B	-4.26%
DKNG	B	-4.18%
LLY	F	-4.17%
TTD	B	-4.08%
TDG	D	-3.64%
PANW	B	-3.53%
CEG	C	-3.45%
AMD	F	-3.17%
HEI	A	-3.14%
ONTO	F	-3.12%
ASML	F	-3.07%
MSFT	D	-2.96%
UBER	F	-2.9%
MPWR	F	-2.68%
RDDT	A	-2.29%
MDB	B	-2.24%
PCOR	B	-1.88%