MUSQMUSQ Global Music Industry Index ETF

Grow my money2y track recordRanked #2,646 of 2,960 in this goal

Seeks to provide investment results that correspond generally to the total return performance of the MUSQ Global Music Industry Index.

By Exchange Traded Concepts · Launched 2023

Annual Cost

0.76%

#3,883 of 5,562 · expensive

Fund Size

$23M

#4,281 of 5,562 · small

Return (1Y)Goal

-7.2%

Track Record

2 years

#3,069 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$9,260-7.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Strategy

Index tracking

Sector

Communication services

Index tracked

MUSQ Global Music Industry Index

What it actually holds

By weight

Concentration

Top 10 holdings = 69.7% of fundconcentrated

LIVE NATION ENTERTAINMENT, INC.

10.5%

Universal Music Group N.V.

10.5%

SPOTIFY TECHNOLOGY S.A.

10.3%

TENCENT MUSIC ENTERTAINMENT GROUP

7.8%

CTS Eventim AG & Co. KGaA

5.5%

ALPHABET INC.

5.1%

APPLE INC.

5.1%

HYBE Co., Ltd.

5.1%

AMAZON.COM, INC.

5.0%

WARNER MUSIC GROUP CORP.

4.9%

Asset allocation

Stocks

98.3%

Cash

1.7%

By sector

Communication

76.5%

Consumer Cyclical

12.1%

Technology

10.8%

Industrials

0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

17.1%Moderate

Year-on-year price swings

Max drawdown

-23.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide investment results that correspond generally to the total return performance of the MUSQ Global Music Industry Index.
Strategy: Invests primarily in securities that meet minimum criteria for market capitalization, trading volume, and free-float. The Index weights Pure Play securities at 80% and Diversified securities at 20%, with individual weight caps of 12% and minimums of 0.25%.
Inception date: July 6, 2023
Fund family: Exchange Traded Concepts