MUSQ vs. PGJ ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to PowerShares Golden Dragon China Portfolio (PGJ)

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

$23.78

Average Daily Volume

1,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PGJ

PowerShares Golden Dragon China Portfolio

PGJ Description

The PowerShares Golden Dragon China Portfolio (Fund) is based on the NASDAQ Golden Dragon China Index (Index). The Fund generally will invest at least 90% of its total assets in equity securities of companies deriving a majority of their revenues from the People’s Republic of China and that comprise the Underlying Index. The Underlying Index is composed of US exchange-listed companies that are headquartered or incorporated in the People’s Republic of China. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$25.51

Average Daily Volume

191,886

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	PGJ
30 Days	2.41%	-3.59%
60 Days	5.95%	14.09%
90 Days	2.66%	18.85%
12 Months	0.60%	3.75%

1 Overlapping Holdings

	Symbol	Grade	Weight in MUSQ	Weight in PGJ	Overlap
	TME	D	2.96%	3.6%	2.96%

MUSQ Overweight 14 Positions Relative to PGJ

Symbol	Grade	Weight
AMZN	B	5.56%
GOOGL	B	5.31%
SPOT	A	4.87%
SONY	B	4.82%
AAPL	C	4.79%
IHRT	C	4.05%
LYV	A	3.75%
SONO	C	3.25%
WMG	B	3.24%
EDR	A	3.1%
DLB	B	3.09%
TSQ	F	3.05%
MSGE	F	2.75%
RSVR	A	1.41%

MUSQ Underweight 53 Positions Relative to PGJ

Symbol	Grade	Weight
YUMC	B	-9.52%
TCOM	B	-8.84%
JD	D	-8.37%
BABA	D	-7.56%
BIDU	D	-6.21%
BEKE	C	-4.54%
NTES	C	-3.64%
ZTO	F	-3.39%
NIO	F	-3.36%
VIPS	F	-3.32%
HTHT	D	-3.26%
YMM	C	-3.11%
LI	F	-2.65%
BZ	F	-2.57%
QFIN	A	-2.33%
TAL	F	-2.25%
XPEV	C	-1.55%
GDS	C	-1.34%
BILI	D	-1.27%
ATAT	C	-1.18%
ATHM	C	-1.06%
DQ	C	-0.87%
ZLAB	C	-0.77%
MOMO	D	-0.68%
RLX	C	-0.67%
IQ	F	-0.67%
FINV	B	-0.65%
MNSO	C	-0.53%
JKS	D	-0.48%
CSIQ	F	-0.45%
EH	C	-0.45%
WB	C	-0.44%
TIGR	D	-0.43%
DDL	B	-0.34%
VNET	C	-0.28%
QD	B	-0.27%
LX	C	-0.26%
SOHU	F	-0.25%
NOAH	C	-0.24%
GOTU	F	-0.23%
KC	A	-0.19%
RERE	C	-0.18%
HUYA	F	-0.17%
API	B	-0.15%
DAO	B	-0.11%
DOYU	C	-0.11%
TUYA	D	-0.11%
WDH	C	-0.1%
DADA	F	-0.09%
BZUN	F	-0.07%
CAAS	B	-0.07%
NIU	F	-0.06%
CBAT	F	-0.05%