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 09/26/22

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $99.91 million
NAV $26.02
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 09/26/22

Ticker MILN
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Shares Outstanding 3,840,000
Number of Holdings 82
30-Day Median Bid-Ask Spread 0.32%

Distributions As of 09/26/22

30-Day SEC Yield 0.52%
Distribution Frequency Semi-Annually

ETF Prices As of 09/26/22

NAV $26.02 Daily Change -$0.27 -1.02%
Market Price $26.03 Daily Change -$0.24 -0.91%

Performance History

As of recent
(06/30/22)
As of recent
(06/30/22)
Fund NAV Market Price Index
1 Year -39.68% -39.88% -39.42%
3 Years 1.94% 1.85% 2.46%
5 Years 8.59% 8.53% 9.15%
Since Inception 9.88% 9.78% 10.39%
1 Year -36.62% -36.75% -36.33%
3 Years 4.43% 4.43% 4.96%
5 Years 10.30% 10.29% 10.87%
Since Inception 11.10% 11.04% 11.62%
Year-to-Date -38.81% -38.84% -38.69%
1 Month -11.66% -11.68% -11.64%
3 Months -28.35% -28.43% -28.30%
Since Inception 78.63% 77.63% 83.86%
Year-to-Date -33.32% -33.19% -33.12%
1 Month -2.91% -2.97% -2.87%
3 Months -3.73% -3.53% -3.61%
Since Inception 94.67% 94.03% 100.55%

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.

Top Holdings As of 09/26/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.26 SBUX STARBUCKS CORP 2842255 84.81 50,179 4,255,680.99
3.91 FISV FISERV INC 2342034 95.90 40,761 3,908,979.90
3.89 ATVI ACTIVISION BLIZZARD INC 2575818 74.33 52,232 3,882,404.56
3.89 LOW LOWE'S COS INC 2536763 186.02 20,870 3,882,237.40
3.73 HD HOME DEPOT INC 2434209 266.58 13,988 3,728,921.04
3.68 AAPL APPLE INC 2046251 150.77 24,374 3,674,867.98
3.43 COST COSTCO WHOLESALE CORP 2701271 480.30 7,135 3,426,940.50
3.39 INTU INTUIT INC 2459020 395.80 8,548 3,383,298.40
3.37 UBER UBER TECHNOLOGIES INC BK6N347 26.89 125,246 3,367,864.94
3.14 BKNG BOOKING HOLDINGS INC BDRXDB4 1,669.25 1,878 3,134,851.50
3.14 PYPL PAYPAL HOLDINGS INC BYW36M8 84.26 37,189 3,133,545.14
3.13 NKE NIKE INC -CL B 2640147 96.06 32,591 3,130,691.46
3.10 DIS WALT DISNEY CO/THE 2270726 98.12 31,573 3,097,942.76
3.04 AMZN AMAZON.COM INC 2000019 115.15 26,351 3,034,317.65
3.01 GOOGL ALPHABET INC-CL A BYVY8G0 98.17 30,640 3,007,928.80
2.98 CMG CHIPOTLE MEXICAN B0X7DZ3 1,531.99 1,945 2,979,720.55
2.63 ABNB AIRBNB INC-CLASS A BMGYYH4 103.23 25,421 2,624,209.83
2.56 META META PLATFORMS INC B7TL820 136.37 18,727 2,553,800.99
2.54 NFLX NETFLIX INC 2857817 224.07 11,336 2,540,057.52
2.51 LULU LULULEMON ATHLETICA INC B23FN39 294.66 8,508 2,506,967.28
2.31 TWTR TWITTER INC BFLR866 41.52 55,484 2,303,695.68
1.87 SE SEA LTD-ADR BYWD7L4 53.97 34,658 1,870,492.26
1.79 AVB AVALONBAY COMMUNITIES INC 2131179 184.19 9,693 1,785,353.67
1.76 SQ BLOCK INC BYNZGK1 54.14 32,473 1,758,088.22
1.73 EQR EQUITY RESIDENTIAL 2319157 66.28 26,031 1,725,334.68
1.55 EBAY EBAY INC 2293819 38.13 40,700 1,551,891.00
1.45 INVH INVITATION HOMES INC BD81GW9 34.33 42,198 1,448,657.34
1.19 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 89.14 13,333 1,188,503.62
1.17 SNAP SNAP INC - A BD8DJ71 10.18 114,718 1,167,829.24
0.95 VFC VF CORP 2928683 35.02 26,950 943,789.00
0.94 EXPE EXPEDIA GROUP INC B748CK2 89.69 10,413 933,941.97
0.92 MTCH MATCH GROUP INC BK80XH9 46.34 19,778 916,512.52
0.92 UDR UDR INC 2727910 40.90 22,382 915,423.80
0.90 KMX CARMAX INC 2983563 79.97 11,209 896,383.73
0.87 CPT CAMDEN PROPERTY TRUST 2166320 118.72 7,315 868,436.80
0.83 ETSY ETSY INC BWTN5N1 94.30 8,796 829,462.80
0.52 CAR AVIS BUDGET GROUP INC B1CL8J2 138.87 3,708 514,929.96
0.48 LRN STRIDE INC BLD5321 40.77 11,730 478,232.10
0.45 AN AUTONATION INC 2732635 105.36 4,287 451,678.32
0.45 DBI DESIGNER BRAND-A BJ9J282 14.78 30,293 447,730.54
0.44 DKS DICK'S SPORTING GOODS INC 2969637 102.24 4,276 437,178.24
0.42 BCOR BLUCORA INC B8L2DV2 19.23 21,844 420,060.12
0.42 YELP YELP INC B7KCD72 32.48 12,760 414,444.80
0.39 CPRI CAPRI HOLDINGS LTD BJ1N1M9 38.66 10,045 388,339.70
0.39 NNI NELNET INC-CL A 2196190 79.09 4,902 387,699.18
0.38 LAUR LAUREATE EDUCATION INC BYMYT66 10.17 36,828 374,540.76
0.37 STRA STRATEGIC EDUCATION INC BGGJFV8 61.37 6,094 373,988.78
0.36 GHC GRAHAM HOLDING-B BGM1B98 529.14 680 359,815.20
0.35 SKX SKECHERS USA INC-CL A 2428042 32.95 10,645 350,752.75
0.35 TRIP TRIPADVISOR INC B6ZC3N6 21.84 16,060 350,750.40
0.35 CARS CARS.COM INC BYXHTC0 11.30 30,998 350,277.40
0.34 SFM SPROUTS FARMERS BCGCR79 27.11 12,414 336,543.54
0.34 SLM SLM CORP 2101967 13.91 24,026 334,201.66
0.33 COLM COLUMBIA SPORTSWEAR CO 2229126 67.24 4,908 330,013.92
0.33 PLNT PLANET FITNESS INC - CL A BYSFJV8 56.57 5,759 325,786.63
0.32 LYFT LYFT INC-A BJT1RW7 13.52 23,871 322,735.92
0.32 CRI CARTER'S INC 2980939 67.61 4,729 319,727.69
0.31 LC LENDINGCLUB CORP BK95GR4 11.12 28,244 314,073.28
0.29 CASH 1.00 287,393 287,392.56
0.27 PLCE CHILDREN'S PLACE INC/THE 2106791 33.44 8,135 272,034.40
0.27 CSR CENTERSPACE BN47P80 66.85 4,015 268,402.75
0.26 VSCO VICTORIA'S SECRET & CO BNNTGH3 29.60 8,895 263,292.00
0.26 MED MEDIFAST INC 2934033 109.65 2,368 259,651.20
0.26 IRT INDEPENDENCE REA BCRYTK1 16.74 15,304 256,188.96
0.25 ZG ZILLOW GROUP INC - A BVYJBR3 29.27 8,591 251,458.57
0.25 GPRO GOPRO INC-CLASS A BMNQC35 4.99 49,609 247,548.91
0.24 CHGG CHEGG INC BG6N6K6 20.67 11,525 238,221.75
0.23 AAN AARON'S CO INC/THE BLFGN99 10.59 21,696 229,760.64
0.23 TRVG TRIVAGO NV - ADR BYMD190 1.22 185,002 225,702.44
0.22 BODY BEACHBODY CO INC/THE BL98755 1.05 211,761 222,349.05
0.22 ANGI ANGI INC BF4VWH4 2.95 75,001 221,252.95
0.20 W WAYFAIR INC- CLASS A BQXZP64 35.73 5,439 194,335.47
0.19 UAA UNDER ARMOUR INC-CLASS A B0PZN11 7.58 25,456 192,956.48
0.19 TWOU 2U INC BKWBZZ0 5.81 32,151 186,797.31
0.19 GRPN GROUPON INC BMTD360 8.99 20,764 186,668.36
0.17 IHRT IHEARTMEDIA INC - CLASS A BJVR9Y9 7.86 21,649 170,161.14
0.17 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 8.22 20,632 169,595.04
0.16 WW WW INTERNATIONAL INC BK71LY6 4.10 39,030 160,023.00
0.16 VMEO VIMEO INC BNDYF15 4.32 35,927 155,204.64
0.15 CVNA CARVANA CO BYQHPG3 24.44 6,165 150,672.60
0.14 CARG CARGURUS INC BF5D6S8 14.56 9,878 143,823.68
0.12 BBBY BED BATH & BEYOND INC 2085878 6.37 18,950 120,711.50
0.09 TREE LENDINGTREE INC BV8TD84 25.24 3,594 90,712.56
Holdings are subject to change.

Sector Breakdown As of 08/31/22

Sector Weight (%)
Consumer Discretionary 42.1
Communication Services 24.5
Information Technology 16.0
Real Estate 7.6
Industrials 4.2
Consumer Staples 4.0
Financials 1.5
Other/Cash 0.1

Source: AltaVista Research, LLC

ETF Characteristics As of 09/26/22

Return on Equity 14.10%
Weighted Avg. Market Cap 263,950 M
2021 2022
Price-to-earnings 23.73 28.84
Price-to-book value 4.30 3.86

Source: AltaVista Research, LLC

ETF Risk Stats As of 08/31/22

Versus Beta
S&P 500 1.28
MSCI EAFE 1.22
MSCI Emg. Mkts 1.05
Standard Deviation 26.50%

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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