MUSQ

MUSQ Global Music Industry Index ETF

$27.73

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The MUSQ Global Music Industry Index ETF seeks to track the performance of companies involved in the global music industry.

Overview

ETF tracking MUSQ Global Music Industry Index ETF

Category International

Issuer Other

Inception Date 2023-06-30

Market Cap $23.8M

Average Volume N/A

Dividend Yield 0.92%

52-Week Range $21.95 - $30.39

VWAP $27.74

Performance

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Investment Summary

📎 Investment Objective

The MUSQ Global Music Industry Index ETF seeks to track the performance of companies involved in the global music industry.

🎯 Investment Strategy

The ETF invests in a portfolio of stocks that are constituents of the MUSQ Global Music Industry Index. The index aims to provide exposure to companies across the music value chain, including music streaming, production, publishing, and live entertainment.

✨ Key Features

Provides exposure to the global music industry through a diversified portfolio of companies
Tracks the MUSQ Global Music Industry Index, which is designed to capture the performance of the music industry
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Potential volatility due to the cyclical nature of the music industry
Limited liquidity and trading volume compared to larger, more established ETFs
Lack of long-term performance history to evaluate the fund's ability to meet its investment objective

👤 Best For

The MUSQ Global Music Industry Index ETF may be suitable for investors seeking exposure to the global music industry as part of a diversified portfolio. However, due to the fund's limited history and narrow industry focus, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.