MUSQ vs. WFH ETF Comparison

Comparison of MUSQ Global Music Industry ETF (MUSQ) to Direxion Work From Home ETF (WFH)

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

WFH

Direxion Work From Home ETF

WFH Description

The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.

Grade (RS Rating)

Last Trade

$64.80

Average Daily Volume

998

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MUSQ	WFH
30 Days	1.59%	9.46%
60 Days	6.19%	12.26%
90 Days	1.42%	13.87%
12 Months	-0.05%	30.33%

2 Overlapping Holdings

	Symbol	Grade	Weight in MUSQ	Weight in WFH	Overlap
	AMZN	C	5.56%	2.63%	2.63%
	GOOGL	C	5.31%	2.42%	2.42%

MUSQ Overweight 13 Positions Relative to WFH

Symbol	Grade	Weight
SPOT	B	4.87%
SONY	B	4.82%
AAPL	C	4.79%
IHRT	C	4.05%
LYV	A	3.75%
SONO	C	3.25%
WMG	C	3.24%
EDR	A	3.1%
DLB	B	3.09%
TSQ	D	3.05%
TME	D	2.96%
MSGE	F	2.75%
RSVR	A	1.41%

MUSQ Underweight 38 Positions Relative to WFH

Symbol	Grade	Weight
TEAM	A	-3.32%
HUBS	A	-3.04%
DOCU	A	-3.02%
CRM	B	-2.89%
ZS	C	-2.86%
CRWD	B	-2.86%
ORCL	B	-2.86%
PEGA	A	-2.81%
ATUS	C	-2.76%
MRVL	B	-2.76%
RNG	B	-2.72%
NOW	A	-2.68%
FTNT	C	-2.65%
DDOG	A	-2.61%
ZM	B	-2.61%
S	B	-2.55%
NET	B	-2.54%
SMAR	A	-2.54%
CSCO	B	-2.51%
PANW	C	-2.46%
META	D	-2.43%
AVGO	D	-2.38%
MOMO	D	-2.34%
CYBR	B	-2.34%
NTCT	C	-2.32%
DOCN	D	-2.3%
YY	C	-2.29%
WDAY	B	-2.26%
BOX	B	-2.25%
MSFT	F	-2.25%
IBM	C	-2.21%
OKTA	C	-2.2%
SNX	C	-2.16%
NTAP	C	-2.14%
VZ	C	-2.12%
VRNS	D	-2.04%
ADBE	C	-1.98%
XRX	F	-1.66%