MILN


Millennial Consumer ETF

Reasons to Consider 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.

Key Information As of 10/27/21

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $231.07 million
NAV $44.27
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 10/27/21

Ticker MILN
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Shares Outstanding 5,220,000
Number of Holdings 82
30-Day Median Bid-Ask Spread 0.21%

Distributions As of 10/27/21

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

ETF Prices As of 10/27/21

NAV $44.27 Daily Change -$0.54 -1.20%
Market Price $44.32 Daily Change -$0.52 -1.16%

Performance History

As of recent month & quarter-end (09/30/21)
As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
1 Year 38.10% 38.26% 38.85%
3 Years 22.36% 22.41% 23.00%
5 Years 22.52% 22.53% 23.13%
Since Inception 22.09% 22.04% 22.65%
1 Year 38.10% 38.26% 38.85%
3 Years 22.36% 22.41% 23.00%
5 Years 22.52% 22.53% 23.13%
Since Inception 22.09% 22.04% 22.65%
Year-to-Date 14.95% 15.02% 15.41%
1 Month -4.23% -4.31% -4.19%
3 Months -0.67% -0.65% -0.56%
Since Inception 194.17% 193.53% 201.80%
Year-to-Date 14.95% 15.02% 15.41%
1 Month -4.23% -4.31% -4.19%
3 Months -0.67% -0.65% -0.56%
Since Inception 194.17% 193.53% 201.80%

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 10/27/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.32 INTU INTUIT INC 2459020 613.13 16,355 10,027,741.15
3.92 COST COSTCO WHOLESALE CORP 2701271 488.32 18,607 9,086,170.24
3.89 SE SEA LTD-ADR BYWD7L4 340.17 26,555 9,033,214.35
3.78 GOOGL ALPHABET INC-CL A BYVY8G0 2,924.35 2,998 8,767,201.30
3.52 NKE NIKE INC -CL B 2640147 162.35 50,300 8,166,205.00
3.47 NFLX NETFLIX INC 2857817 662.92 12,131 8,041,882.52
3.46 LOW LOWE'S COS INC 2536763 231.77 34,592 8,017,387.84
3.43 HD HOME DEPOT INC 2434209 372.32 21,357 7,951,638.24
3.31 AAPL APPLE INC 2046251 148.85 51,534 7,670,835.90
2.99 AMZN AMAZON.COM INC 2000019 3,392.49 2,044 6,934,249.56
2.91 SBUX STARBUCKS CORP 2842255 113.51 59,463 6,749,645.13
2.91 FB FACEBOOK INC-CLASS A B7TL820 312.22 21,616 6,748,947.52
2.90 BKNG BOOKING HOLDINGS INC BDRXDB4 2,428.09 2,773 6,733,093.57
2.84 SQ SQUARE INC - A BYNZGK1 253.02 26,006 6,580,038.12
2.63 DIS WALT DISNEY CO/THE 2270726 169.55 35,917 6,089,727.35
2.57 PYPL PAYPAL HOLDINGS INC BYW36M8 234.94 25,416 5,971,235.04
2.39 SNAP SNAP INC - A BD8DJ71 52.02 106,365 5,533,107.30
2.36 ATVI ACTIVISION BLIZZARD INC 2575818 78.65 69,726 5,483,949.90
2.31 FISV FISERV INC 2342034 98.83 54,144 5,351,051.52
2.25 LULU LULULEMON ATHLETICA INC B23FN39 433.70 12,029 5,216,977.30
2.24 UBER UBER TECHNOLOGIES INC BK6N347 44.73 116,297 5,201,964.81
2.19 EBAY EBAY INC 2293819 77.66 65,259 5,068,013.94
2.16 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 273.13 18,332 5,007,019.16
2.05 CMG CHIPOTLE MEXICAN B0X7DZ3 1,766.06 2,694 4,757,765.64
1.81 TWTR TWITTER INC BFLR866 54.81 76,612 4,199,103.72
1.76 MTCH MATCH GROUP INC BK80XH9 158.46 25,819 4,091,278.74
1.36 AVB AVALONBAY COMMUNITIES INC 2131179 236.63 13,367 3,163,033.21
1.34 EQR EQUITY RESIDENTIAL 2319157 87.15 35,758 3,116,309.70
1.27 ETSY ETSY INC BWTN5N1 243.89 12,094 2,949,605.66
1.15 VFC VF CORP 2928683 70.83 37,573 2,661,295.59
0.97 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 88.45 25,298 2,237,608.10
0.95 INVH INVITATION HOMES INC BD81GW9 40.47 54,375 2,200,556.25
0.94 CVNA CARVANA CO BYQHPG3 291.53 7,487 2,182,685.11
0.94 EXPE EXPEDIA GROUP INC B748CK2 164.14 13,254 2,175,511.56
0.92 KMX CARMAX INC 2983563 137.15 15,547 2,132,271.05
0.85 ABNB AIRBNB INC-CLASS A BMGYYH4 169.10 11,585 1,959,023.50
0.73 W WAYFAIR INC- CLASS A BQXZP64 230.13 7,394 1,701,581.22
0.68 UDR UDR INC 2727910 55.45 28,435 1,576,720.75
0.66 CPT CAMDEN PROPERTY TRUST 2166320 159.44 9,552 1,522,970.88
0.64 CAR AVIS BUDGET GROUP INC B1CL8J2 165.99 8,996 1,493,246.04
0.62 LYFT LYFT INC-A BJT1RW7 46.72 30,686 1,433,649.92
0.57 LC LENDINGCLUB CORP BK95GR4 31.62 41,611 1,315,739.82
0.45 DKS DICK'S SPORTING GOODS INC 2969637 122.19 8,518 1,040,814.42
0.43 IRT INDEPENDENCE REA BCRYTK1 22.66 43,887 994,479.42
0.43 CSR CENTERSPACE BN47P80 100.01 9,882 988,298.82
0.40 AN AUTONATION INC 2732635 120.39 7,734 931,096.26
0.39 CARG CARGURUS INC BF5D6S8 33.31 26,785 892,208.35
0.36 LAUR LAUREATE EDUCATION INC-A BYMYT66 16.60 50,463 837,685.80
0.34 CHGG CHEGG INC BG6N6K6 58.28 13,400 780,952.00
0.33 PLCE CHILDREN'S PLACE INC/THE 2106791 83.11 9,335 775,831.85
0.33 CPRI CAPRI HOLDINGS LTD BJ1N1M9 52.66 14,412 758,935.92
0.32 ZNGA ZYNGA INC - CL A B79PX49 7.22 103,875 749,977.50
0.32 IHRT IHEARTMEDIA INC - CLASS A BJVR9Y9 19.59 37,588 736,348.92
0.32 CRI CARTER'S INC 2980939 100.05 7,336 733,966.80
0.32 NNI NELNET INC-CL A 2196190 81.88 8,953 733,071.64
0.30 SKX SKECHERS USA INC-CL A 2428042 44.81 15,739 705,264.59
0.28 LRN STRIDE INC BLD5321 33.85 19,433 657,807.05
0.28 BCOR BLUCORA INC B8L2DV2 16.31 39,508 644,375.48
0.28 AAN AARON'S CO INC/THE BLFGN99 23.20 27,720 643,104.00
0.28 UAA UNDER ARMOUR INC-CLASS A B0PZN11 21.72 29,435 639,328.20
0.27 CARS CARS.COM INC BYXHTC0 12.84 49,398 634,270.32
0.27 YELP YELP INC B7KCD72 38.64 16,376 632,768.64
0.27 PLNT PLANET FITNESS INC - CL A BYSFJV8 79.76 7,933 632,736.08
0.27 COLM COLUMBIA SPORTSWEAR CO 2229126 99.69 6,338 631,835.22
0.27 GHC GRAHAM HOLDING-B BGM1B98 583.24 1,080 629,899.20
0.27 SLM SLM CORP 2101967 17.58 35,183 618,517.14
0.24 CASH 1.00 561,159 561,158.52
0.24 SFM SPROUTS FARMERS BCGCR79 21.76 25,783 561,038.08
0.24 ZG ZILLOW GROUP INC - A BVYJBR3 94.40 5,834 550,729.60
0.23 ANGI ANGI INC BF4VWH4 12.41 43,220 536,360.20
0.22 STRA STRATEGIC EDUCATION INC BGGJFV8 69.24 7,261 502,751.64
0.21 DBI DESIGNER BRAND-A BJ9J282 12.97 38,288 496,595.36
0.21 TWOU 2U INC BKWBZZ0 30.40 16,193 492,267.20
0.20 GPRO GOPRO INC-CLASS A BMNQC35 8.56 53,215 455,520.40
0.20 VSCO VICTORIA'S SECRET & CO BNNTGH3 51.00 8,911 454,461.00
0.19 TREE LENDINGTREE INC BV8TD84 145.83 2,998 437,198.34
0.19 TRIP TRIPADVISOR INC B6ZC3N6 33.09 12,984 429,640.56
0.18 VMEO VIMEO INC BNDYF15 32.94 12,855 423,443.70
0.18 TRVG TRIVAGO NV - ADR BYMD190 2.53 161,149 407,706.97
0.17 WW WW INTERNATIONAL INC BK71LY6 17.29 22,177 383,440.33
0.14 LTRPA LIBERTY TRIPADVISOR HDG-A BQ5BPM6 3.13 106,517 333,398.21
0.13 BBBY BED BATH & BEYOND INC 2085878 13.67 22,577 308,627.59
0.13 GRPN GROUPON INC BMTD360 21.32 13,754 293,235.28
Holdings are subject to change.

Sector Breakdown As of 09/30/21

Sector Weight (%)
Consumer Discretionary 37.8
Communication Services 31.0
Information Technology 19.2
Real Estate 5.6
Consumer Staples 3.9
Financials 1.7
Industrials 0.8

Source: AltaVista Research, LLC

ETF Characteristics As of 10/27/21

Return on Equity 18.10%
Weighted Avg. Market Cap 332,295 M
2020 2021
Price-to-earnings 114.84 38.05
Price-to-book value 7.45 6.43

Source: AltaVista Research, LLC

ETF Risk Stats As of 10/27/21

Versus Beta
S&P 500 1.20
MSCI EAFE 1.16
MSCI Emg. Mkts 0.95
Standard Deviation 24.00%

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.