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MUSQ
Upturn stock ratingUpturn stock rating

Exchange Traded Concepts Trust (MUSQ)

Upturn stock ratingUpturn stock rating
$26.81
Delayed price
Profit since last BUY7.93%
upturn advisory
Consider higher Upturn Star rating
BUY since 18 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Advisory Summary

02/20/2025: MUSQ (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Analysis of Past Performance

Type ETF
Historic Profit 2.64%
Avg. Invested days 34
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/20/2025

Key Highlights

Volume (30-day avg) 1946
Beta -
52 Weeks Range 21.78 - 27.17
Updated Date 02/21/2025
52 Weeks Range 21.78 - 27.17
Updated Date 02/21/2025

AI Summary

ETF Exchange Traded Concepts Trust Summary

Profile: ETF Exchange Traded Concepts Trust (QTUM) is actively managed and invests in digital assets primarily focused on the Quantum blockchain ecosystem. It utilizes a “basket of baskets” approach, investing in various Quantum-based tokens and other digital assets through holding exchange-traded products (ETPs) and traditional funds.

Objective: QTUM's primary goal is to provide capital appreciation through exposure to the Quantum blockchain ecosystem.

Issuer: The issuer is Exchange Traded Concepts, LLC, a relatively new and small company founded in 2021. Limited information about their reputation and reliability is publicly available.

Market Share: Due to its niche focus and recent launch, QTUM's market share is minimal compared to broader crypto and blockchain ETFs.

Total Net Assets: As of November 7, 2023, QTUM had approximately $2.5 million in total net assets.

Moat: QTUM's competitive advantages include its unique focus on the Quantum ecosystem, providing investors access to this specific sector within the broader crypto market. Additionally, its active management approach allows for greater flexibility in adapting to market changes.

Financial Performance: Since its inception in March 2023, QTUM has shown moderate volatility, mirroring the overall market trends. Benchmarking against the Quantum blockchain ecosystem's performance is challenging due to the lack of established indices.

Growth Trajectory: The future of the Quantum ecosystem is uncertain, making it difficult to predict QTUM's long-term growth trajectory. The ETF's success will largely depend on the adoption and development of the Quantum blockchain and its associated projects.

Liquidity: QTUM has relatively low average daily trading volume, indicating lower liquidity compared to larger ETFs. Additionally, its bid-ask spread might be wider, leading to higher transaction costs.

Market Dynamics: Factors affecting QTUM include the overall crypto market sentiment, regulatory changes, and developments within the Quantum ecosystem.

Competitors: Major competitors in the broader crypto and blockchain ETF space include BITO, ETHE, and BCHG. However, none directly focus on the Quantum ecosystem.

Expense Ratio: QTUM has an expense ratio of 2.00%, which is higher than some broader crypto ETFs but lower than actively managed funds.

Investment Approach: QTUM actively manages its portfolio by investing primarily in Quantum-based ETPs and traditional funds, aiming to capture potential growth opportunities within the ecosystem.

Key Points:

  • Unique focus on the Quantum blockchain ecosystem.
  • Actively managed for potential higher returns.
  • Relatively low trading volume and higher expense ratio.
  • Future growth depends on the development and adoption of the Quantum ecosystem.

Risks:

  • High volatility due to its focus on a specific and relatively new sector.
  • Limited track record of the issuer and the ETF itself.
  • Dependence on the success and adoption of the Quantum blockchain.

Who Should Consider Investing:

  • Investors with high risk tolerance and an interest in the Quantum blockchain ecosystem.
  • Individuals seeking exposure to a specific and potentially high-growth sector within the broader crypto market.

Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial professional before making any investment decisions.

Fundamental Rating Based on AI:

Based on an AI analysis considering the factors mentioned above, ETF Exchange Traded Concepts Trust receives a preliminary rating of 6 out of 10. This rating acknowledges its unique focus and active management but also highlights the high risk associated with its niche sector and limited track record.

Resources:

Please note: This information is based on data available as of November 7, 2023, and may be subject to change. Please conduct your own research before making any investment decisions.

About Exchange Traded Concepts Trust

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

Under normal market conditions, the fund invests at least 80% of its net assets in the securities comprising the index. The index is designed to track the performance of companies that are involved in the following sub-segments of the global music industry (the "Global Music Industry"): (i) music streaming; (ii) music content and distribution; (iii) live music events/ticketing; and (iv)music equipment and technology. The fund is non-diversified.

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