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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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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%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.73% | -1.06% | -11.80% | 0.60% | -13.73% | ||||||||
| 2025 | 7.02% | 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% |
| 2023 | 3.45% | -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
- R²
- 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.
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).
| MUSQ | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.07 | 0.88 | -0.95 |
Sortino ratioReturn per unit of downside risk | 0.04 | 1.37 | -1.32 |
Omega ratioGain probability vs. loss probability | 1.01 | 1.21 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | -0.03 | 1.39 | -1.42 |
Martin ratioReturn relative to average drawdown | -0.10 | 6.43 | -6.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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, 2025 | 133 | Mar 27, 2026 | — | — | — |
| -18.82% | Feb 18, 2025 | 36 | Apr 8, 2025 | 29 | May 20, 2025 | 65 |
| -15.69% | Jul 19, 2023 | 72 | Oct 27, 2023 | 130 | May 6, 2024 | 202 |
| -14.51% | May 7, 2024 | 82 | Sep 3, 2024 | 102 | Jan 30, 2025 | 184 |
| -7.33% | Jul 24, 2025 | 7 | Aug 1, 2025 | 8 | Aug 13, 2025 | 15 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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