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MUSQ Global Music Industry Index ETF (MUSQ)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US3015054832
CUSIP
301505483
Inception Date
Jul 6, 2023
Region
Global (Broad)
Leveraged
1x (No leverage)
Index Tracked
MUSQ Global Music Industry Index
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in MUSQ Global Music Industry Index ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

MUSQ Global Music Industry Index ETF (MUSQ) has returned -13.73% so far this year and -1.35% over the past 12 months.


MUSQ Global Music Industry Index ETF

1D
0.62%
1M
-8.55%
YTD
-13.73%
6M
-17.75%
1Y
-1.35%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.11%
1M
-3.43%
YTD
-3.84%
6M
-1.98%
1Y
16.08%
3Y*
16.86%
5Y*
10.37%
10Y*
12.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jul 7, 2023, MUSQ's average daily return is +0.01%, while the average monthly return is +0.09%. At this rate, your investment would double in approximately 64.2 years.

Historically, 50% of months were positive and 50% were negative. The best month was Jun 2025 with a return of +7.8%, while the worst month was Mar 2026 at -11.8%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 3 months.

On a daily basis, MUSQ closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +8.3%, while the worst single day was Sep 3, 2024 at -6.5%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-1.73%-1.06%-11.80%0.60%-13.73%
20257.02%2.95%-5.86%2.87%6.09%7.76%-4.21%4.96%2.16%-1.62%-4.41%1.53%19.60%
2024-2.63%0.85%2.98%-3.76%-0.89%-0.40%0.48%-3.20%-0.80%0.55%2.95%-0.94%-4.94%
20233.45%-6.04%-4.36%-3.65%7.48%5.69%1.76%

Benchmark Metrics

MUSQ Global Music Industry Index ETF has an annualized alpha of -12.14%, beta of 0.91, and R² of 0.59 versus S&P 500 Index. Calculated based on daily prices since July 10, 2023.

  • This ETF participated in 99.97% of S&P 500 Index downside but only 38.50% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -12.14% versus S&P 500 Index — delivering less than market exposure alone would predict.
  • With beta of 0.91 and R² of 0.59, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
-12.14%
Beta
0.91
0.59
Upside Capture
38.50%
Downside Capture
99.97%

Expense Ratio

MUSQ has an expense ratio of 0.76%, placing it in the medium range.


Return for Risk

Risk / Return Rank

MUSQ ranks 9 for risk / return — in the bottom 9% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.


MUSQ Risk / Return Rank: 99
Overall Rank
MUSQ Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
MUSQ Sortino Ratio Rank: 1010
Sortino Ratio Rank
MUSQ Omega Ratio Rank: 99
Omega Ratio Rank
MUSQ Calmar Ratio Rank: 99
Calmar Ratio Rank
MUSQ Martin Ratio Rank: 99
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for MUSQ Global Music Industry Index ETF (MUSQ) and compare them to a chosen benchmark (S&P 500 Index).


MUSQBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

-0.07

0.88

-0.95

Sortino ratio

Return per unit of downside risk

0.04

1.37

-1.32

Omega ratio

Gain probability vs. loss probability

1.01

1.21

-0.20

Calmar ratio

Return relative to maximum drawdown

-0.03

1.39

-1.42

Martin ratio

Return relative to average drawdown

-0.10

6.43

-6.54

Explore MUSQ risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

MUSQ Global Music Industry Index ETF provided a 0.73% dividend yield over the last twelve months, with an annual payout of $0.18 per share.


0.60%0.70%0.80%0.90%1.00%1.10%$0.00$0.05$0.10$0.15$0.20$0.25202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$0.18$0.18$0.26$0.19

Dividend yield

0.73%0.63%1.08%0.74%

Monthly Dividends

The table displays the monthly dividend distributions for MUSQ Global Music Industry Index ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.18
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.26$0.26
2023$0.19$0.19

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the MUSQ Global Music Industry Index ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the MUSQ Global Music Industry Index ETF was 23.11%, occurring on Mar 27, 2026. The portfolio has not yet recovered.

The current MUSQ Global Music Industry Index ETF drawdown is 19.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-23.11%Sep 17, 2025133Mar 27, 2026
-18.82%Feb 18, 202536Apr 8, 202529May 20, 202565
-15.69%Jul 19, 202372Oct 27, 2023130May 6, 2024202
-14.51%May 7, 202482Sep 3, 2024102Jan 30, 2025184
-7.33%Jul 24, 20257Aug 1, 20258Aug 13, 202515

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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