| NAV | $47.17 | Daily Change | -$0.27 | -0.57% |
| Market Price | $47.13 | Daily Change | -$0.29 | -0.61% |
Millennials have surpassed Baby Boomers as the largest generation in the U.S. and now make up over 45% of the U.S. workforce.1 With most of their prime earning years ahead, companies that cater to Millennials could be well positioned for growth.
The U.S. economy is consumer-driven, with private consumption accounting for more than two-thirds of nominal GDP.2
The most innovative U.S. companies often defy sector categorization. MILN invests accordingly across a wide range of consumer-driven businesses.
1Axios, Nov 2023
2CEIC Data, Dec 2023
| Inception Date | 05/04/16 |
| Total Expense Ratio | 0.50% |
| Net Assets | $128.31 million |
| NAV | $47.17 |
| Fact Sheet | View the document |
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.
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.
| Ticker | MILN |
| Bloomberg Index Ticker | IMILN |
| CUSIP | 37954Y764 |
| ISIN | US37954Y7647 |
| Primary Exchange | Nasdaq |
| Shares Outstanding | 2,720,000 |
| Number of Holdings | 77 |
| 30-Day Median Bid-Ask Spread | 0.27% |
| 30-Day SEC Yield | 0.27% |
| Distribution Frequency | Semi-Annually |
| NAV | $47.17 | Daily Change | -$0.27 | -0.57% |
| Market Price | $47.13 | Daily Change | -$0.29 | -0.61% |
|
As of recent (09/30/24)
As of recent (09/30/24)
|
Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 38.66% | 38.34% | 39.35% |
| 3 Years | -0.55% | -0.62% | -0.08% |
| 5 Years | 11.35% | 11.32% | 11.90% |
| Since Inception | 13.46% | 13.40% | 14.00% |
| 1 Year | 43.42% | 43.58% | 44.18% |
| 3 Years | 3.50% | 3.55% | 3.99% |
| 5 Years | 13.25% | 13.23% | 13.82% |
| Since Inception | 14.68% | 14.64% | 15.22% |
| Year-to-Date | 18.35% | 18.30% | 18.80% |
| 1 Month | 4.66% | 4.75% | 4.73% |
| 3 Months | 8.99% | 8.91% | 9.14% |
| Since Inception | 189.38% | 188.14% | 201.06% |
| Year-to-Date | 32.45% | 32.55% | 33.09% |
| 1 Month | 10.68% | 10.62% | 10.76% |
| 3 Months | 17.14% | 17.37% | 17.32% |
| Since Inception | 223.87% | 222.86% | 237.28% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 4.00 | SE | SEA LTD-ADR | BYWD7L4 | 116.47 | 44,050 | 5,130,503.50 |
| 3.91 | SPOT | SPOTIFY TECHNOLOGY SA | BFZ1K46 | 483.31 | 10,374 | 5,013,857.94 |
| 3.59 | NFLX | NETFLIX INC | 2857817 | 918.87 | 5,012 | 4,605,376.44 |
| 3.54 | BKNG | BOOKING HOLDINGS INC | BDRXDB4 | 5,227.61 | 868 | 4,537,565.48 |
| 3.48 | AAPL | APPLE INC | 2046251 | 248.13 | 17,991 | 4,464,106.83 |
| 3.40 | PYPL | PAYPAL HOLDINGS INC | BYW36M8 | 91.02 | 47,855 | 4,355,762.10 |
| 3.31 | COST | COSTCO WHOLESALE CORP | 2701271 | 989.35 | 4,298 | 4,252,226.30 |
| 3.27 | FI | FISERV INC | 2342034 | 204.66 | 20,506 | 4,196,757.96 |
| 3.05 | DASH | DOORDASH INC - A | BN13P03 | 175.09 | 22,342 | 3,911,860.78 |
| 2.95 | AMZN | AMAZON.COM INC | 2000019 | 227.46 | 16,659 | 3,789,256.14 |
| 2.95 | HD | HOME DEPOT INC | 2434209 | 416.98 | 9,068 | 3,781,174.64 |
| 2.92 | GOOGL | ALPHABET INC-CL A | BYVY8G0 | 189.82 | 19,750 | 3,748,945.00 |
| 2.91 | META | META PLATFORMS INC | B7TL820 | 619.85 | 6,020 | 3,731,497.00 |
| 2.82 | SQ | BLOCK INC | BYNZGK1 | 91.98 | 39,328 | 3,617,389.44 |
| 2.78 | SBUX | STARBUCKS CORP | 2842255 | 97.42 | 36,655 | 3,570,930.10 |
| 2.75 | LULU | LULULEMON ATHLETICA INC | B23FN39 | 391.63 | 9,000 | 3,524,670.00 |
| 2.74 | LOW | LOWE'S COS INC | 2536763 | 262.39 | 13,376 | 3,509,728.64 |
| 2.65 | CMG | CHIPOTLE MEXICAN | B0X7DZ3 | 64.59 | 52,640 | 3,400,017.60 |
| 2.57 | INTU | INTUIT INC | 2459020 | 656.45 | 5,021 | 3,296,035.45 |
| 2.36 | DIS | WALT DISNEY CO/THE | 2270726 | 112.84 | 26,877 | 3,032,800.68 |
| 2.18 | EBAY | EBAY INC | 2293819 | 63.84 | 43,777 | 2,794,723.68 |
| 2.12 | AVB | AVALONBAY COMMUNITIES INC | 2131179 | 226.42 | 12,004 | 2,717,945.68 |
| 2.06 | NKE | NIKE INC -CL B | 2640147 | 77.25 | 34,225 | 2,643,881.25 |
| 1.94 | ABNB | AIRBNB INC-CLASS A | BMGYYH4 | 130.95 | 19,036 | 2,492,764.20 |
| 1.93 | UBER | UBER TECHNOLOGIES INC | BK6N347 | 59.93 | 41,335 | 2,477,206.55 |
| 1.90 | CVNA | CARVANA CO | BYQHPG3 | 248.25 | 9,828 | 2,439,801.00 |
| 1.83 | EQR | EQUITY RESIDENTIAL | 2319157 | 73.28 | 32,012 | 2,345,839.36 |
| 1.57 | EXPE | EXPEDIA GROUP INC | B748CK2 | 183.00 | 11,011 | 2,015,013.00 |
| 1.33 | INVH | INVITATION HOMES INC | BD81GW9 | 33.07 | 51,616 | 1,706,941.12 |
| 1.04 | SOFI | SOFI TECHNOLOGIES INC | BM8J4C2 | 16.25 | 82,194 | 1,335,652.50 |
| 1.04 | SNAP | SNAP INC - A | BD8DJ71 | 11.31 | 117,729 | 1,331,514.99 |
| 0.98 | SFM | SPROUTS FARMERS | BCGCR79 | 147.79 | 8,530 | 1,260,648.70 |
| 0.96 | UDR | UDR INC | 2727910 | 44.47 | 27,751 | 1,234,086.97 |
| 0.89 | KMX | CARMAX INC | 2983563 | 86.26 | 13,306 | 1,147,775.56 |
| 0.87 | DKS | DICK'S SPORTING GOODS INC | 2969637 | 223.39 | 4,966 | 1,109,354.74 |
| 0.85 | CPT | CAMDEN PROPERTY TRUST | 2166320 | 120.17 | 9,019 | 1,083,813.23 |
| 0.73 | CART | MAPLEBEAR INC | BN4L6W3 | 41.78 | 22,435 | 937,334.30 |
| 0.63 | VSCO | VICTORIA'S SECRET & CO | BNNTGH3 | 48.71 | 16,537 | 805,517.27 |
| 0.63 | PTON | PELOTON INTERACTIVE INC-A | BJ7WJS2 | 9.58 | 83,878 | 803,551.24 |
| 0.62 | SKX | SKECHERS USA INC-CL A | 2428042 | 70.35 | 11,214 | 788,904.90 |
| 0.57 | PLNT | PLANET FITNESS INC - CL A | BYSFJV8 | 100.34 | 7,320 | 734,488.80 |
| 0.55 | MTCH | MATCH GROUP INC | BK80XH9 | 31.45 | 22,568 | 709,763.60 |
| 0.54 | VFC | VF CORP | 2928683 | 21.08 | 32,649 | 688,240.92 |
| 0.50 | HIMS | HIMS & HERS HEALTH INC | BN46048 | 30.02 | 21,490 | 645,129.80 |
| 0.50 | LC | LENDINGCLUB CORP | BK95GR4 | 16.56 | 38,467 | 637,013.52 |
| 0.47 | AN | AUTONATION INC | 2732635 | 172.70 | 3,504 | 605,140.80 |
| 0.46 | ETSY | ETSY INC | BWTN5N1 | 58.98 | 9,968 | 587,912.64 |
| 0.45 | VMEO | VIMEO INC | BNDYF15 | 6.84 | 84,417 | 577,412.28 |
| 0.43 | LRN | STRIDE INC | BLD5321 | 106.22 | 5,211 | 553,512.42 |
| 0.42 | ZG | ZILLOW GROUP INC - A | BVYJBR3 | 76.84 | 7,034 | 540,492.56 |
| 0.40 | CARG | CARGURUS INC | BF5D6S8 | 37.67 | 13,632 | 513,517.44 |
| 0.39 | SLM | SLM CORP | 2101967 | 27.18 | 18,520 | 503,373.60 |
| 0.38 | LTH | LIFE TIME GROUP | BPH0546 | 22.75 | 21,460 | 488,215.00 |
| 0.38 | PRDO | PERDOCEO EDUCATION CORP | BKRQQR9 | 27.35 | 17,843 | 488,006.05 |
| 0.36 | LYFT | LYFT INC-A | BJT1RW7 | 14.14 | 32,892 | 465,092.88 |
| 0.35 | COLM | COLUMBIA SPORTSWEAR CO | 2229126 | 88.74 | 5,019 | 445,386.06 |
| 0.33 | W | WAYFAIR INC- CLASS A | BQXZP64 | 52.29 | 7,982 | 417,378.78 |
| 0.32 | UAA | UNDER ARMOUR INC-CLASS A | B0PZN11 | 8.81 | 47,064 | 414,633.84 |
| 0.32 | IRT | INDEPENDENCE REA | BCRYTK1 | 21.40 | 19,201 | 410,901.40 |
| 0.31 | LAUR | LAUREATE EDUCATION INC | BYMYT66 | 18.93 | 21,287 | 402,962.91 |
| 0.30 | GHC | GRAHAM HOLDING-B | BGM1B98 | 900.85 | 424 | 381,960.40 |
| 0.28 | NNI | NELNET INC-CL A | 2196190 | 107.95 | 3,321 | 358,501.95 |
| 0.28 | CSR | CENTERSPACE | BN47P80 | 69.45 | 5,117 | 355,375.65 |
| 0.27 | CARS | CARS.COM INC | BYXHTC0 | 18.34 | 18,563 | 340,445.42 |
| 0.25 | XPOF | XPONENTIAL FITNESS INC-A | BP0TJN7 | 15.13 | 20,983 | 317,472.79 |
| 0.24 | YELP | YELP INC | B7KCD72 | 39.71 | 7,783 | 309,062.93 |
| 0.24 | STRA | STRATEGIC EDUCATION INC | BGGJFV8 | 99.01 | 3,089 | 305,841.89 |
| 0.21 | CAR | AVIS BUDGET GROUP INC | B1CL8J2 | 92.19 | 2,963 | 273,158.97 |
| 0.20 | ANGI | ANGI INC | BF4VWH4 | 1.77 | 145,245 | 257,083.65 |
| 0.18 | CRI | CARTER'S INC | 2980939 | 55.69 | 4,172 | 232,338.68 |
| 0.17 | ZIP | ZIPRECRUITER INC-A | BMGH6N3 | 8.04 | 27,536 | 221,389.44 |
| 0.17 | DBI | DESIGNER BRAND-A | BJ9J282 | 5.97 | 36,007 | 214,961.79 |
| 0.16 | CPRI | CAPRI HOLDINGS LTD | BJ1N1M9 | 21.36 | 9,757 | 208,409.52 |
| 0.15 | COUR | COURSERA INC | BNSNZL7 | 8.26 | 23,738 | 196,075.88 |
| 0.13 | CASH | 1.00 | 162,169 | 162,169.15 | ||
| 0.12 | TRIP | TRIPADVISOR INC | B6ZC3N6 | 13.77 | 11,556 | 159,126.12 |
| 0.10 | ACCD | ACCOLADE INC | BMB3JJ3 | 3.49 | 36,018 | 125,702.82 |
| 0.07 | CHGG | CHEGG INC | BG6N6K6 | 2.19 | 41,932 | 91,831.08 |
| 0.03 | OTHER PAYABLE & RECEIVABLES | 1.00 | 32,575 | 32,575.05 |
| Sector | Weight (%) | |
|---|---|---|
| Consumer Discretionary | 42.1 | |
| Communication Services | 22.2 | |
| Information Technology | 12.6 | |
| Real Estate | 8.5 | |
| Financials | 6.3 | |
| Consumer Staples | 4.3 | |
| Industrials | 3.5 | |
| Health Care | 0.7 |
| Industry | Weight (%) | |
|---|---|---|
| Media & Entertainment | 22.2 | |
| Consumer Services | 18.1 | |
| Consumer Discretionary Distribution & Retail | 16.3 | |
| Software & Services | 9.2 | |
| Equity Real Estate Investment Trusts (REITs) | 8.0 | |
| Consumer Durables & Apparel | 7.6 | |
| Financial Services | 5.5 | |
| Consumer Staples Distribution & Retail | 4.3 | |
| Technology Hardware & Equipment | 3.3 | |
| Transportation | 3.0 | |
| Consumer Staples Distribution | 0.8 | |
| Other | 1.7 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
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.