A new thematic exchange-traded fund is trying to give investors a way in to music and entertainment by combining some of the industry's biggest U.S. stocks along with international holdings and some companies with no obvious music connection at all. The Clouty Music, Media and Entertainment ETF (TUNE) began trading Thursday with 50 stocks in its portfolio. There are only a handful of music industry stocks available to investors, such as Spotify , Warner Music Group and South Korean company Hybe. The TUNE ETF, which has an expense ratio of 0.65%, includes those stocks but also others in media and entertainment. The music industry is also one area that could see significant change alongside the recent breakthroughs in artificial intelligence.

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Persons: Bob Dylan, David Umeh, Umeh, it's Organizations: industry's, Media, Entertainment, Sony, Spotify, Warner Music Group, South, Fox, Netflix, Pfizer, Korean ETF Locations: South Korean