MUSQ - ETF AI Analysis
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MUSQ Global Music Industry ETF (MUSQ)
Rating:56Neutral
Price Target:―
Positive Factors
Strong Live Nation and Apple Positions
Key holdings like Live Nation and Apple have shown strong gains, helping support the fund’s overall results despite weakness elsewhere.
Global Music Industry Exposure
The ETF invests in music-related companies across several countries, giving investors access to a global slice of the music business rather than just one market.
Mix of Platform and Content Companies
Holdings include both digital platforms and music content owners, which can benefit from different parts of the industry’s growth.
Negative Factors
High Concentration in Top Holdings
A small number of companies make up a large share of the portfolio, so problems at those firms could significantly impact the ETF.
Weak Year-to-Date Performance
The fund’s overall performance so far this year has been negative, reflecting pressure on several major holdings.
Heavy Sector and Theme Focus
With most assets in communication services and the music industry theme, the ETF is sensitive to downturns in this specific corner of the market.
MUSQ vs. SPDR S&P 500 ETF (SPY)
AUM20.79M
RegionGlobal
Expense Ratio0.75%
Beta0.97
IssuerMUSQ
Inception DateJul 06, 2023
Dividend Yield0.71%
Asset ClassEquity
Index TrackedMUSQ Global Music Industry Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume188
30 Day Avg. Volume1,349
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
31.56Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering25
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MUSQ Summary
The MUSQ Global Music Industry ETF is a fund that tracks the MUSQ Global Music Industry Index, focusing on companies tied to the worldwide music business. It holds well-known names like Spotify and Apple, along with concert promoters, record labels, and music tech firms from the U.S., Europe, and Asia. Someone might invest in this ETF to bet on the long-term growth of music streaming, live events, and digital media, while getting global diversification in one investment. A key risk is that it’s heavily focused on the music and entertainment industry, so its price can swing more than the overall market.
How much will it cost me?The MUSQ Global Music Industry ETF has an expense ratio of 0.76%, meaning you’ll pay $7.60 per year for every $1,000 invested. This is higher than average because the fund is actively managed and focuses on a specialized niche in the music industry.
What would affect this ETF?The MUSQ Global Music Industry ETF could benefit from growing consumer demand for music streaming services, live entertainment, and technological advancements in the music sector, as well as global diversification across key players like Spotify and Apple. However, it may face challenges from economic downturns that reduce discretionary spending on entertainment, regulatory changes affecting the media industry, or competition within the technology and streaming sectors. Its exposure to companies like Live Nation and Tencent Music highlights both opportunities and risks tied to global economic and industry-specific trends.
MUSQ Top 10 Holdings
MUSQ is built around the global music ecosystem, with streaming giant Spotify and concert powerhouse Live Nation setting the tone. Spotify has been rising lately, helping performance, while Live Nation’s steady-to-strong run in live events adds more lift. On the other side of the ledger, Universal Music Group and Sonos have been lagging, acting like a slight drag on the fund’s rhythm. The ETF leans heavily into media and entertainment, with a global mix that includes European names like UMG and CTS Eventim and Japanese player Yamaha, plus U.S. heavyweights such as Amazon and Alphabet for added tech-driven support.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Spotify | 9.68% | $2.01M | $103.21B | -28.24% | 66 Neutral | |
| Live Nation Entertainment | 8.73% | $1.81M | $40.02B | 5.60% | 69 Neutral | |
| Universal Music Group | 7.40% | $1.54M | €26.74B | -41.39% | 71 Outperform | |
| Warner Music Group | 6.09% | $1.26M | $14.33B | -18.02% | 64 Neutral | |
| CTS Eventim AG & Co. KGaA | 5.78% | $1.20M | €5.29B | -33.90% | 69 Neutral | |
| Sonos | 5.73% | $1.19M | $1.99B | 16.68% | 59 Neutral | |
| Yamaha | 5.31% | $1.10M | ¥554.78B | 16.32% | 68 Neutral | |
| Apple | 5.23% | $1.09M | $4.96T | 30.77% | 79 Outperform | |
| Madison Square Garden Entertainment Corp. | 5.19% | $1.08M | $3.79B | 76.83% | 64 Neutral | |
| Amazon | 5.08% | $1.05M | $2.75T | 14.32% | 71 Outperform |
MUSQ Technical Analysis
Negative
―
Price Trends
25.43
Negative
25.53
Negative
26.07
Negative
Market Momentum
-0.11
Positive
46.43
Neutral
14.91
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MUSQ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 25.32, equal to the 50-day MA of 25.43, and equal to the 200-day MA of 26.07, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 46.43 is Neutral, neither overbought nor oversold. The STOCH value of 14.91 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MUSQ.
MUSQ Peer Comparison
Comparison Results
Performance Comparison
MUSQ
MUSQ Global Music Industry ETF
25.10
-4.46
-15.09%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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