MILN


Millennial Consumer ETF

Reasons to Consider MILN

High Growth Potential

Millennials have surpassed Baby Boomers as the largest generation in the US.1 With most of their prime earning years ahead, companies that cater to Millennials should be well positioned for growth.

Invest in US Consumers

The US economy is consumer-driven, with private consumption accounting for more than two-thirds of nominal GDP.2

Unconstrained Approach

The most innovative US companies often defy sector categorization. MILN invests accordingly across a wide range of consumer-driven businesses.

1Statista, Jun 2021
2FRED, Jan 2022

Key Information As of 05/26/22

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $119.54 million
NAV $28.80
Fact Sheet

ETF Summary

The Global X Millennial Consumer ETF (MILN) seeks to invest in companies that have a high likelihood of benefiting from the rising spending power and unique preferences of the U.S. Millennial generation (birth years ranging from 1980-2000). These companies come from a broad range of categories, including: social media and entertainment, food and dining, clothing and apparel, health and fitness, travel and mobility, education and employment, housing and home goods, and financial services.

ETF Objective

The Global X Millennial Consumer ETF (MILN) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Millennials Thematic Index.

Trading Details As of 05/26/22

Ticker MILN
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Shares Outstanding 4,150,000
Number of Holdings 82
30-Day Median Bid-Ask Spread 0.34%

Distributions As of 05/26/22

30-Day SEC Yield 0.39%
Distribution Frequency Semi-Annually

ETF Prices As of 05/26/22

NAV $28.80 Daily Change $0.96 3.46%
Market Price $28.76 Daily Change $0.95 3.42%

Performance History

As of recent
(03/31/22)
As of recent
(03/31/22)
Fund NAV Market Price Index
1 Year -9.16% -9.31% -8.69%
3 Years 15.64% 15.60% 16.27%
5 Years 17.61% 17.54% 18.20%
Since Inception 16.73% 16.64% 17.27%
1 Year -23.69% -23.77% -23.32%
3 Years 8.97% 8.98% 9.54%
5 Years 13.57% 13.57% 14.14%
Since Inception 13.89% 13.83% 14.42%
Year-to-Date -14.60% -14.54% -14.49%
1 Month 0.58% 0.41% 0.63%
3 Months -14.60% -14.54% -14.49%
Since Inception 149.31% 148.20% 156.43%
Year-to-Date -25.36% -25.19% -25.25%
1 Month -12.59% -12.47% -12.59%
3 Months -16.52% -16.88% -16.45%
Since Inception 117.91% 117.25% 124.15%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 05/26/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.83 HD HOME DEPOT INC 2434209 302.81 14,987 4,538,213.47
3.78 BKNG BOOKING HOLDINGS INC BDRXDB4 2,221.51 2,013 4,471,899.63
3.69 LOW LOWE'S COS INC 2536763 195.53 22,328 4,365,793.84
3.68 ATVI ACTIVISION BLIZZARD INC 2575818 77.99 55,904 4,359,952.96
3.66 FISV FISERV INC 2342034 99.29 43,623 4,331,327.67
3.38 SBUX STARBUCKS CORP 2842255 74.49 53,716 4,001,304.84
3.33 NKE NIKE INC -CL B 2640147 112.94 34,886 3,940,024.84
3.25 FB META PLATFORMS INC B7TL820 191.63 20,050 3,842,181.50
3.17 AAPL APPLE INC 2046251 143.78 26,075 3,749,063.50
3.14 INTU INTUIT INC 2459020 406.42 9,142 3,715,491.64
3.01 DIS WALT DISNEY CO/THE 2270726 105.61 33,787 3,568,245.07
3.00 COST COSTCO WHOLESALE CORP 2701271 464.99 7,648 3,556,243.52
2.99 GOOGL ALPHABET INC-CL A BYVY8G0 2,155.85 1,640 3,535,594.00
2.70 PYPL PAYPAL HOLDINGS INC BYW36M8 80.42 39,808 3,201,359.36
2.67 AMZN AMAZON.COM INC 2000019 2,221.55 1,423 3,161,265.65
2.63 ABNB AIRBNB INC-CLASS A BMGYYH4 114.30 27,203 3,109,302.90
2.62 UBER UBER TECHNOLOGIES INC BK6N347 23.10 134,048 3,096,508.80
2.49 SE SEA LTD-ADR BYWD7L4 79.55 37,088 2,950,350.40
2.45 SQ BLOCK INC BYNZGK1 83.41 34,768 2,899,998.88
2.36 CMG CHIPOTLE MEXICAN B0X7DZ3 1,340.91 2,080 2,789,092.80
2.21 LULU LULULEMON ATHLETICA INC B23FN39 287.48 9,102 2,616,642.96
1.98 TWTR TWITTER INC BFLR866 39.52 59,376 2,346,539.52
1.96 NFLX NETFLIX INC 2857817 191.40 12,146 2,324,744.40
1.80 AVB AVALONBAY COMMUNITIES INC 2131179 205.45 10,368 2,130,105.60
1.80 EQR EQUITY RESIDENTIAL 2319157 76.36 27,867 2,127,924.12
1.71 EBAY EBAY INC 2293819 46.47 43,562 2,024,326.14
1.54 SNAP SNAP INC - A BD8DJ71 14.81 122,791 1,818,534.71
1.43 INVH INVITATION HOMES INC BD81GW9 37.36 45,168 1,687,476.48
1.39 MTCH MATCH GROUP INC BK80XH9 77.88 21,155 1,647,551.40
1.31 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 108.62 14,278 1,550,876.36
1.23 EXPE EXPEDIA GROUP INC B748CK2 130.29 11,142 1,451,691.18
1.19 VFC VF CORP 2928683 48.87 28,840 1,409,410.80
1.00 KMX CARMAX INC 2983563 99.16 11,992 1,189,126.72
0.96 UDR UDR INC 2727910 47.59 23,975 1,140,970.25
0.94 CPT CAMDEN PROPERTY TRUST 2166320 141.90 7,828 1,110,793.20
0.62 ETSY ETSY INC BWTN5N1 78.25 9,417 736,880.25
0.62 CAR AVIS BUDGET GROUP INC B1CL8J2 185.04 3,978 736,089.12
0.46 AN AUTONATION INC 2732635 118.36 4,584 542,562.24
0.43 LAUR LAUREATE EDUCATION INC BYMYT66 13.02 39,420 513,248.40
0.43 DBI DESIGNER BRAND-A BJ9J282 15.64 32,426 507,142.64
0.42 CPRI CAPRI HOLDINGS LTD BJ1N1M9 45.88 10,774 494,311.12
0.41 SLM SLM CORP 2101967 19.05 25,727 490,099.35
0.41 LRN STRIDE INC BLD5321 38.99 12,540 488,934.60
0.39 BODY BEACHBODY CO INC/THE BL98755 2.01 226,935 456,139.35
0.38 LYFT LYFT INC-A BJT1RW7 17.68 25,518 451,158.24
0.37 NNI NELNET INC-CL A 2196190 83.84 5,253 440,411.52
0.37 GHC GRAHAM HOLDING-B BGM1B98 596.84 734 438,080.56
0.37 TRIP TRIPADVISOR INC B6ZC3N6 25.17 17,194 432,772.98
0.37 AAN AARON'S CO INC/THE BLFGN99 18.64 23,154 431,590.56
0.36 SKX SKECHERS USA INC-CL A 2428042 37.68 11,401 429,589.68
0.36 LC LENDINGCLUB CORP BK95GR4 14.13 30,269 427,700.97
0.36 ANGI ANGI INC BF4VWH4 5.32 80,266 427,015.12
0.36 STRA STRATEGIC EDUCATION INC BGGJFV8 65.31 6,526 426,213.06
0.36 VSCO VICTORIA'S SECRET & CO BNNTGH3 44.55 9,516 423,937.80
0.36 MED MEDIFAST INC 2934033 167.53 2,530 423,850.90
0.35 PLNT PLANET FITNESS INC - CL A BYSFJV8 67.21 6,164 414,282.44
0.35 PLCE CHILDREN'S PLACE INC/THE 2106791 47.12 8,706 410,226.72
0.34 BCOR BLUCORA INC B8L2DV2 17.20 23,410 402,652.00
0.34 YELP YELP INC B7KCD72 29.47 13,624 401,499.28
0.34 COLM COLUMBIA SPORTSWEAR CO 2229126 75.72 5,259 398,211.48
0.33 CRI CARTER'S INC 2980939 77.19 5,080 392,125.20
0.33 DKS DICK'S SPORTING GOODS INC 2969637 84.58 4,573 386,784.34
0.32 IRT INDEPENDENCE REA BCRYTK1 23.39 16,411 383,853.29
0.30 CSR CENTERSPACE BN47P80 83.50 4,312 360,052.00
0.30 GPRO GOPRO INC-CLASS A BMNQC35 6.68 53,173 355,195.64
0.30 ZG ZILLOW GROUP INC - A BVYJBR3 38.35 9,212 353,280.20
0.29 SFM SPROUTS FARMERS BCGCR79 26.15 13,305 347,925.75
0.29 GRPN GROUPON INC BMTD360 15.49 22,249 344,637.01
0.29 TRVG TRIVAGO NV - ADR BYMD190 1.71 198,259 339,022.89
0.29 CARS CARS.COM INC BYXHTC0 10.15 33,212 337,101.80
0.28 VMEO VIMEO INC BNDYF15 8.65 38,492 332,955.80
0.28 W WAYFAIR INC- CLASS A BQXZP64 56.31 5,817 327,555.27
0.27 TWOU 2U INC BKWBZZ0 9.26 34,446 318,969.96
0.26 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 13.90 22,117 307,426.30
0.24 WW WW INTERNATIONAL INC BK71LY6 6.79 41,838 284,080.02
0.23 UAA UNDER ARMOUR INC-CLASS A B0PZN11 10.09 27,269 275,144.21
0.22 CARG CARGURUS INC BF5D6S8 24.76 10,580 261,960.80
0.22 IHRT IHEARTMEDIA INC - CLASS A BJVR9Y9 11.01 23,188 255,299.88
0.20 CHGG CHEGG INC BG6N6K6 18.63 12,362 230,304.06
0.19 TREE LENDINGTREE INC BV8TD84 57.15 3,864 220,827.60
0.17 CVNA CARVANA CO BYQHPG3 31.09 6,597 205,100.73
0.15 BBBY BED BATH & BEYOND INC 2085878 8.54 20,300 173,362.00
0.07 CASH 1.00 87,929 87,928.65
Holdings are subject to change.

Sector Breakdown As of 04/30/22

Sector Weight (%)
Consumer Discretionary 41.4
Communication Services 25.9
Information Technology 14.9
Real Estate 7.7
Industrials 4.7
Consumer Staples 3.7
Financials 1.6
Other/Cash 0.1

Source: AltaVista Research, LLC

ETF Characteristics As of 05/26/22

Return on Equity 17.70%
Weighted Avg. Market Cap 244,866 M
2021 2022
Price-to-earnings 26.10 24.37
Price-to-book value 4.64 4.02

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/26/22

Versus Beta
S&P 500 1.23
MSCI EAFE 1.18
MSCI Emg. Mkts 1.00
Standard Deviation 24.80%

Source: AltaVista Research, LLC

ETF Research

Investing involves risk, including the possible loss of principal. The investable universe of companies in which MILN may invest may be limited. The Fund invests in securities of companies engaged in Information Technology which can be affected by rapid product obsolescence and intense industry competition. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. MILN is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Indxx, nor does Indxx make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Indxx.

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