MILN


Millennial Consumer ETF

Fund 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.

Fund 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.

Why MILN?

High Growth Potential

MILN enables investors to access high growth potential through companies at the leading edge of a long-term, structural demographic trend affecting multiple sectors of the economy.

Unconstrained Approach

MILN's composition transcends classic sector and industry classifications by tracking an emerging theme.

ETF Efficiency

In a single trade, MILN delivers access to dozens of companies with high exposure to the Millennial theme.

Fund Details As of 09/15/21

Key Facts

Ticker MILN
Inception Date 05/04/16
CUSIP 37954Y764
ISIN US37954Y7647
Bloomberg Index Ticker IMILN
Primary Exchange Nasdaq
Number of Holdings 84

Stats & Fees

Net Assets $235,059,388
Net Asset Value (NAV) $44.43
Shares Outstanding 5,290,000
Total Expense Ratio 0.50%

Distributions

30-Day SEC Yield 0.00%
Distribution Frequency Semi-Annually

Fund Prices As of 09/15/21

NAV $44.43 Daily Change $0.25 0.56%
Market Price $44.51 Daily Change $0.25 0.56%
30-Day Median Bid-Ask Spread 0.20%

Performance History

As of recent
(06/30/21)
As of recent
(06/30/21)
Fund NAV Market Price Index
1 Year 57.19% 57.50% 58.10%
3 Years 25.35% 25.33% 26.02%
5 Years 23.79% 23.83% 24.39%
Since Inception 23.44% 23.38% 24.01%
1 Year 39.90% 40.31% 40.65%
3 Years 24.22% 24.32% 24.87%
5 Years 23.54% 23.59% 24.14%
Since Inception 23.47% 23.44% 24.03%
Year-to-Date 15.73% 15.77% 16.06%
1 Month 4.87% 4.99% 4.94%
3 Months 7.91% 7.95% 8.07%
Since Inception 196.15% 195.44% 203.49%
Year-to-Date 20.03% 20.21% 20.45%
1 Month 2.44% 2.69% 2.46%
3 Months 8.77% 9.02% 8.91%
Since Inception 207.17% 206.76% 214.99%

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.

Fund Characteristics As of 09/15/21

Return on Equity 18.40%
Weighted Avg. Market Cap 341,263 M
2020 2021
Price-to-earnings 114.89 37.32
Price-to-book value 7.44 6.40

Source: AltaVista Research, LLC

Fund Risk Stats As of 09/15/21

Versus Beta
S&P 500 1.21
MSCI EAFE 1.16
MSCI Emg. Mkts 0.95
Standard Deviation 23.70%

Source: AltaVista Research, LLC

Sector Breakdown As of 08/31/21

% of Net Assets
Consumer Discretionary 38.4
Communication Services 30.4
Information Technology 19.4
Real Estate 5.5
Consumer Staples 3.8
Financials 1.7
Industrials 0.8

Source: AltaVista Research, LLC

Top Holdings As of 09/15/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.97 INTU INTUIT INC 2459020 572.11 16,324 9,339,123.64
3.81 SE SEA LTD-ADR BYWD7L4 337.62 26,495 8,945,241.90
3.72 GOOGL ALPHABET INC-CL A BYVY8G0 2,888.59 3,024 8,735,096.16
3.64 COST COSTCO WHOLESALE CORP 2701271 460.73 18,562 8,552,070.26
3.43 FB FACEBOOK INC-CLASS A B7TL820 373.92 21,575 8,067,324.00
3.37 NKE NIKE INC -CL B 2640147 157.91 50,195 7,926,292.45
3.32 SNAP SNAP INC - A BD8DJ71 73.62 106,134 7,813,585.08
3.26 AAPL APPLE INC 2046251 149.03 51,417 7,662,675.51
3.05 PYPL PAYPAL HOLDINGS INC BYW36M8 282.43 25,358 7,161,859.94
3.04 AMZN AMAZON.COM INC 2000019 3,475.79 2,056 7,146,224.24
3.02 HD HOME DEPOT INC 2434209 333.37 21,307 7,103,114.59
3.02 LOW LOWE'S COS INC 2536763 205.61 34,517 7,097,040.37
3.00 NFLX NETFLIX INC 2857817 582.87 12,108 7,057,389.96
2.89 SBUX STARBUCKS CORP 2842255 114.64 59,331 6,801,705.84
2.81 DIS WALT DISNEY CO/THE 2270726 184.41 35,839 6,609,069.99
2.77 BKNG BOOKING HOLDINGS INC BDRXDB4 2,375.97 2,744 6,519,661.68
2.75 SQ SQUARE INC - A BYNZGK1 248.80 25,947 6,455,613.60
2.49 FISV FISERV INC 2342034 108.36 54,022 5,853,823.92
2.32 ATVI ACTIVISION BLIZZARD INC 2575818 78.25 69,584 5,444,948.00
2.15 CMG CHIPOTLE MEXICAN B0X7DZ3 1,880.08 2,689 5,055,535.12
2.14 LULU LULULEMON ATHLETICA INC B23FN39 418.95 12,006 5,029,913.70
2.05 EBAY EBAY INC 2293819 73.99 65,116 4,817,932.84
2.01 TWTR TWITTER INC BFLR866 61.84 76,447 4,727,482.48
1.90 UBER UBER TECHNOLOGIES INC BK6N347 38.48 116,057 4,465,873.36
1.89 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 242.87 18,297 4,443,792.39
1.74 MTCH MATCH GROUP INC BK80XH9 158.89 25,770 4,094,595.30
1.28 AVB AVALONBAY COMMUNITIES INC 2131179 224.75 13,332 2,996,367.00
1.25 EQR EQUITY RESIDENTIAL 2319157 81.98 35,690 2,925,866.20
1.13 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 105.56 25,250 2,665,390.00
1.12 ETSY ETSY INC BWTN5N1 217.42 12,071 2,624,476.82
1.11 VFC VF CORP 2928683 69.28 37,492 2,597,445.76
1.05 CVNA CARVANA CO BYQHPG3 329.86 7,473 2,465,043.78
0.93 INVH INVITATION HOMES INC BD81GW9 40.40 54,262 2,192,184.80
0.90 KMX CARMAX INC 2983563 136.81 15,508 2,121,649.48
0.87 W WAYFAIR INC- CLASS A BQXZP64 276.40 7,380 2,039,832.00
0.85 EXPE EXPEDIA GROUP INC B748CK2 151.32 13,229 2,001,812.28
0.82 ABNB AIRBNB INC-CLASS A BMGYYH4 166.37 11,563 1,923,736.31
0.74 BBWI BATH & BODY WORKS INC BNNTGJ5 65.12 26,685 1,737,727.20
0.66 LYFT LYFT INC-A BJT1RW7 51.01 30,618 1,561,824.18
0.65 UDR UDR INC 2727910 53.65 28,381 1,522,640.65
0.61 CPT CAMDEN PROPERTY TRUST 2166320 151.11 9,534 1,440,682.74
0.51 LC LENDINGCLUB CORP BK95GR4 28.69 41,522 1,191,266.18
0.48 DKS DICK'S SPORTING GOODS INC 2969637 133.60 8,502 1,135,867.20
0.45 IAC IAC/INTERACTIVECORP BNDYF48 134.22 7,930 1,064,364.60
0.42 CHGG CHEGG INC BG6N6K6 74.15 13,365 991,014.75
0.42 CSR CENTERSPACE BN47P80 99.50 9,863 981,368.50
0.39 IHRT IHEARTMEDIA INC - CLASS A BJVR9Y9 24.38 37,507 914,420.66
0.38 IRT INDEPENDENCE REA BCRYTK1 20.12 43,797 881,195.64
0.37 CARG CARGURUS INC BF5D6S8 32.17 26,734 860,032.78
0.36 LAUR LAUREATE EDUCATION INC-A BYMYT66 16.96 50,357 854,054.72
0.36 AN AUTONATION INC 2732635 110.49 7,719 852,872.31
0.36 ZNGA ZYNGA INC - CL A B79PX49 8.05 103,658 834,446.90
0.34 CAR AVIS BUDGET GROUP INC B1CL8J2 90.00 8,979 808,110.00
0.32 PLCE CHILDREN'S PLACE INC/THE 2106791 81.27 9,317 757,192.59
0.32 CPRI CAPRI HOLDINGS LTD BJ1N1M9 51.79 14,375 744,481.25
0.31 CRI CARTER'S INC 2980939 98.84 7,322 723,706.48
0.31 AAN AARON'S CO INC/THE BLFGN99 26.16 27,659 723,559.44
0.30 SKX SKECHERS USA INC-CL A 2428042 45.41 15,709 713,345.69
0.30 NNI NELNET INC-CL A 2196190 78.98 8,936 705,765.28
0.29 LRN STRIDE INC BLD5321 34.79 19,396 674,786.84
0.27 COLM COLUMBIA SPORTSWEAR CO 2229126 101.36 6,326 641,203.36
0.27 UAA UNDER ARMOUR INC-CLASS A B0PZN11 21.46 29,369 630,258.74
0.27 GHC GRAHAM HOLDING-B BGM1B98 583.00 1,078 628,474.00
0.27 SLM SLM CORP 2101967 17.83 35,106 625,939.98
0.27 CARS CARS.COM INC BYXHTC0 12.66 49,294 624,062.04
0.26 PLNT PLANET FITNESS INC - CL A BYSFJV8 78.34 7,918 620,296.12
0.26 BCOR BLUCORA INC B8L2DV2 15.44 39,423 608,691.12
0.25 YELP YELP INC B7KCD72 36.20 16,344 591,652.80
0.25 SFM SPROUTS FARMERS BCGCR79 22.59 25,724 581,105.16
0.23 VSCO VICTORIA'S SECRET & CO BNNTGH3 61.03 8,894 542,800.82
0.23 BBBY BED BATH & BEYOND INC 2085878 24.01 22,534 541,041.34
0.23 ZG ZILLOW GROUP INC - A BVYJBR3 92.12 5,823 536,414.76
0.23 TWOU 2U INC BKWBZZ0 33.10 16,152 534,631.20
0.22 STRA STRATEGIC EDUCATION INC BGGJFV8 71.55 7,247 518,522.85
0.22 GPRO GOPRO INC-CLASS A BMNQC35 9.57 53,104 508,205.28
0.21 ANGI ANGI INC BF4VWH4 11.57 43,126 498,967.82
0.21 DBI DESIGNER BRAND-A BJ9J282 12.67 38,205 484,057.35
0.20 TRIP TRIPADVISOR INC B6ZC3N6 35.83 12,959 464,320.97
0.20 TREE LENDINGTREE INC BV8TD84 154.60 2,992 462,563.20
0.20 WW WW INTERNATIONAL INC BK71LY6 20.84 22,125 461,085.00
0.19 VMEO VIMEO INC BNDYF15 34.26 12,821 439,247.46
0.17 TRVG TRIVAGO NV - ADR BYMD190 2.49 160,803 400,399.47
0.17 LTRPA LIBERTY TRIPADVISOR HDG-A BQ5BPM6 3.73 106,281 396,428.13
0.13 GRPN GROUPON INC BMTD360 21.57 13,728 296,112.96
0.11 CASH 1.00 267,388 267,388.38
Holdings are subject to change.


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.