MUSQ Performance — MUSQ Global Music Industry ETF
Data updated: 2026-09-28
MUSQ returned −14.13% year to date and −9.73% over one year to Jul 2026. The annualised 3-year return is −0.33%. The fund trailed its Global Multi-Cap Blend category average: $100 invested three years ago grew to $99, against $145 for the category, and to $90 over one year, against $118. Volatility over the past three years was 15.72% a year. In the 12 months to Jul 2026 the fund took in a net $982K, and assets reached $22.18M.
MUSQ Growth of $100
What $100 invested in MUSQ Global Music Industry ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Multi-Cap Blend category average over the same months.
| Period | MUSQ | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $90 | $118 |
| 3 years (Aug 2023 – Jul 2026) | $99 | $145 |
MUSQ Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −14.13% |
| 1 year | −9.73% |
| 3 years (annualised) | −0.33% |
MUSQ Annual Returns
Calendar-year total returns of MUSQ Global Music Industry ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −14.13% |
| 2025 | +17.97% |
| 2024 | +10.17% |
| 2023 (Aug–Dec) | −11.27% |
MUSQ Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −4.3% | +6.5% | −12.9% | −1.1% | +0.2% | −5.8% | +3.7% | — | — | — | — | — |
| 2025 | +2.6% | +3.2% | −5.7% | +2.8% | −3.8% | +7.4% | +5.7% | −1.7% | +2.0% | +4.8% | −1.3% | +1.4% |
| 2024 | +8.0% | −3.4% | +2.6% | +0.9% | +0.3% | 0.0% | −1.2% | +0.4% | −0.6% | −3.1% | +6.9% | −0.4% |
| 2023 | — | — | — | — | — | — | — | −4.1% | −4.2% | −6.1% | −2.6% | +5.6% |
MUSQ Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 15.72%
- 3-year Sharpe ratio: -0.31 (vs 4.5% risk-free rate)
- Best month: +8.00% (Jan 2024)
- Worst month: −12.89% (Mar 2026)
MUSQ Fund Flows
Monthly money in and out of MUSQ Global Music Industry ETF, from SEC Form N-PORT.
- 12-month net flow: $982K
- 12-month gross sales (incl. reinvestments): $1.5M
- Sales ÷ redemptions: 2.94×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $0 | $0 |
| Jun 2026 | $0 | $507K | −$507K |
| May 2026 | $1.2M | $0 | $1.2M |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $0 | $0 | $0 |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $0 | $0 | $0 |
| Dec 2025 | $0 | $0 | $0 |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $0 | $0 | $0 |
| Aug 2025 | $242K | $0 | $242K |
MUSQ Assets Under Management
Net assets of MUSQ Global Music Industry ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $22.18M |
| 2026-04-30 | $21.90M |
| 2026-01-31 | $23.88M |
| 2025-10-31 | $25.11M |
| 2025-07-31 | $23.89M |
| 2025-04-30 | $22.89M |
| 2025-01-31 | $22.87M |
| 2024-10-31 | $21.87M |
| 2024-07-31 | $21.88M |
| 2024-04-30 | $21.10M |
| 2024-01-31 | $15.70M |
| 2023-10-31 | $11.35M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.