MUSQ Global Music Industry Index ETF
MUSQ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jul 7, 2023
- Website
- musqetf.com
- Similar Companies
- Business
- MUSQ Global Music Industry Index ETF (NYSE Arca: MUSQ) is an exchange-traded fund that tracks the MUSQ Global Music Industry Index (MUSQIX), providing investors with targeted exposure to publicly traded companies and royalty funds engaged in the global music industry ecosystem; the index selects and weights components based on U.S. market capitalization and liquidity, with quarterly rebalancing and approximately 35-40 holdings spanning music streaming services such as Spotify Technology and Tencent Music Entertainment; music content and distribution including Universal Music Group and Warner Music Group; live events and ticketing providers like Live Nation Entertainment and CTS Eventim; satellite and broadcast radio; and music equipment and technology firms. Launched on July 6, 2023, the ETF is issued by Exchange Traded Concepts Trust and managed by Exchange Traded Concepts, LLC, with MUSQ LLC serving as the index sponsor; MUSQ LLC was founded by David Schulhof, a music industry veteran with over 25 years of experience who leads as CEO, and the ETF is headquartered in New York with global operations reflecting its international holdings across the United States, Europe (including the Netherlands, Germany, and France), Asia (such as Japan, South Korea, Taiwan, and China), and other regions. The fund targets investors seeking pure-play access to the music sector, which includes growth in digital streaming, live events post-pandemic recovery, and AI-driven innovations, with an expense ratio of 0.76%, assets under management of approximately $25 million as of late 2025, and a portfolio concentration where top holdings like Live Nation (10%), Spotify (9%), and Universal Music (8%) represent over 67% of assets. Recent developments include a quarterly rebalancing in 2025 that adjusted holdings to maintain eligibility criteria amid evolving market conditions, ongoing media engagements by Schulhof highlighting the ETF's performance amid industry growth projections, and sustained asset accumulation since inception reflecting investor interest in thematic music exposure without major acquisitions, partnerships, or structural changes reported in the past two years.