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 06/02/23

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $99.88 million
NAV $30.36
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 06/01/23

Ticker MILN
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Shares Outstanding 3,290,000
Number of Holdings 82
30-Day Median Bid-Ask Spread 0.24%

Distributions As of 06/02/23

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

ETF Prices As of 06/02/23

NAV $30.36 Daily Change $0.69 2.33%
Market Price $30.39 Daily Change $0.76 2.56%

Performance History

As of recent
(03/31/23)
As of recent
(03/31/23)
Fund NAV Market Price Index
1 Year -17.73% -17.92% -17.42%
3 Years 14.46% 14.33% 15.03%
5 Years 8.72% 8.63% 9.25%
Since Inception 10.96% 10.85% 11.47%
1 Year -0.41% -0.24% 0.03%
3 Years 4.08% 4.09% 4.58%
5 Years 6.92% 6.88% 7.45%
Since Inception 10.40% 10.34% 10.91%
Year-to-Date 14.24% 13.98% 14.33%
1 Month 3.25% 2.91% 3.27%
3 Months 14.24% 13.98% 14.33%
Since Inception 105.10% 103.73% 111.76%
Year-to-Date 12.17% 12.26% 12.37%
1 Month -2.95% -3.01% -2.89%
3 Months 1.38% 1.35% 1.50%
Since Inception 101.39% 100.65% 108.13%

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 06/02/23

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.72 UBER UBER TECHNOLOGIES INC BK6N347 39.73 93,529 3,715,907.17
3.64 META META PLATFORMS INC B7TL820 272.61 13,341 3,636,890.01
3.57 AMZN AMAZON.COM INC 2000019 124.25 28,718 3,568,211.50
3.52 CMG CHIPOTLE MEXICAN B0X7DZ3 2,062.23 1,706 3,518,164.38
3.42 GOOGL ALPHABET INC-CL A BYVY8G0 124.67 27,372 3,412,467.24
3.41 NFLX NETFLIX INC 2857817 400.47 8,492 3,400,791.24
3.22 AAPL APPLE INC 2046251 180.95 17,761 3,213,852.95
3.07 LOW LOWE'S COS INC 2536763 209.81 14,598 3,062,806.38
3.05 ABNB AIRBNB INC-CLASS A BMGYYH4 118.06 25,809 3,047,010.54
3.03 COST COSTCO WHOLESALE CORP 2701271 512.59 5,906 3,027,356.54
2.98 HD HOME DEPOT INC 2434209 295.94 10,062 2,977,748.28
2.95 LULU LULULEMON ATHLETICA INC B23FN39 365.44 8,067 2,948,004.48
2.93 BKNG BOOKING HOLDINGS INC BDRXDB4 2,625.65 1,115 2,927,599.75
2.90 FISV FISERV INC 2342034 113.90 25,412 2,894,426.80
2.89 SQ BLOCK INC BYNZGK1 63.46 45,541 2,890,031.86
2.87 INTU INTUIT INC 2459020 430.49 6,657 2,865,771.93
2.77 ATVI ACTIVISION BLIZZARD INC 2575818 80.50 34,362 2,766,141.00
2.74 SBUX STARBUCKS CORP 2842255 99.50 27,480 2,734,260.00
2.65 DIS WALT DISNEY CO/THE 2270726 90.77 29,157 2,646,580.89
2.51 NKE NIKE INC -CL B 2640147 107.78 23,255 2,506,423.90
2.49 PYPL PAYPAL HOLDINGS INC BYW36M8 63.96 38,938 2,490,474.48
2.47 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 151.74 16,271 2,468,961.54
2.14 AVB AVALONBAY COMMUNITIES INC 2131179 181.20 11,779 2,134,354.80
2.08 SE SEA LTD-ADR BYWD7L4 59.39 35,013 2,079,422.07
2.01 EQR EQUITY RESIDENTIAL 2319157 63.09 31,874 2,010,930.66
2.01 EBAY EBAY INC 2293819 44.39 45,196 2,006,250.44
1.78 INVH INVITATION HOMES INC BD81GW9 34.49 51,464 1,774,993.36
1.29 EXPE EXPEDIA GROUP INC B748CK2 103.27 12,436 1,284,265.72
1.16 SNAP SNAP INC - A BD8DJ71 10.41 111,658 1,162,359.78
1.14 UDR UDR INC 2727910 41.16 27,696 1,139,967.36
0.99 KMX CARMAX INC 2983563 74.66 13,292 992,380.72
0.97 CPT CAMDEN PROPERTY TRUST 2166320 107.62 8,976 965,997.12
0.92 MTCH MATCH GROUP INC BK80XH9 38.97 23,482 915,093.54
0.89 ETSY ETSY INC BWTN5N1 85.01 10,486 891,414.86
0.67 DKS DICK'S SPORTING GOODS INC 2969637 128.41 5,215 669,658.15
0.59 VFC VF CORP 2928683 18.12 32,668 591,944.16
0.59 SKX SKECHERS USA INC-CL A 2428042 51.99 11,298 587,383.02
0.58 CAR AVIS BUDGET GROUP INC B1CL8J2 174.82 3,293 575,682.26
0.55 AN AUTONATION INC 2732635 139.57 3,938 549,626.66
0.49 CVNA CARVANA CO BYQHPG3 15.68 31,175 488,824.00
0.45 PLNT PLANET FITNESS INC - CL A BYSFJV8 63.71 7,125 453,933.75
0.43 ANGI ANGI INC BF4VWH4 3.14 135,936 426,839.04
0.40 COLM COLUMBIA SPORTSWEAR CO 2229126 75.84 5,218 395,733.12
0.38 CPRI CAPRI HOLDINGS LTD BJ1N1M9 36.10 10,555 381,035.50
0.36 W WAYFAIR INC- CLASS A BQXZP64 43.21 8,331 359,982.51
0.36 LC LENDINGCLUB CORP BK95GR4 8.83 40,497 357,588.51
0.35 SLM SLM CORP 2101967 16.25 21,244 345,215.00
0.34 COUR COURSERA INC BNSNZL7 13.18 25,981 342,429.58
0.34 LTH LIFE TIME GROUP BPH0546 20.20 16,868 340,733.60
0.34 VMEO VIMEO INC BNDYF15 4.17 81,189 338,558.13
0.34 IRT INDEPENDENCE REA BCRYTK1 17.97 18,793 337,710.21
0.33 CSR CENTERSPACE BN47P80 61.94 5,303 328,467.82
0.33 AMWL AMERICAN WELL -A BN0SDK5 2.44 133,482 325,696.08
0.33 YELP YELP INC B7KCD72 34.14 9,509 324,637.26
0.32 LRN STRIDE INC BLD5321 41.89 7,577 317,400.53
0.32 CARG CARGURUS INC BF5D6S8 19.50 16,161 315,139.50
0.31 NNI NELNET INC-CL A 2196190 97.01 3,224 312,760.24
0.31 LAUR LAUREATE EDUCATION INC BYMYT66 12.46 24,572 306,044.26
0.30 ZG ZILLOW GROUP INC - A BVYJBR3 45.76 6,506 297,714.56
0.30 LYFT LYFT INC-A BJT1RW7 9.58 30,948 296,481.84
0.29 GHC GRAHAM HOLDING-B BGM1B98 584.93 493 288,370.49
0.29 SFM SPROUTS FARMERS BCGCR79 33.06 8,631 285,340.86
0.28 PWSC POWERSCHOOL HLDG BMGTPK9 18.97 14,599 276,943.03
0.28 CARS CARS.COM INC BYXHTC0 18.70 14,690 274,703.00
0.27 ZIP ZIPRECRUITER INC-A BMGH6N3 16.16 16,879 272,764.64
0.27 PRDO PERDOCEO EDUCATION CORP BKRQQR9 12.46 21,462 267,416.52
0.26 GPRO GOPRO INC-CLASS A BMNQC35 4.29 61,279 262,886.91
0.26 HIMS HIMS & HERS HEALTH INC BN46048 9.00 29,111 261,999.00
0.26 TRIP TRIPADVISOR INC B6ZC3N6 16.24 15,870 257,728.80
0.26 ACCD ACCOLADE INC BMB3JJ3 13.07 19,695 257,413.65
0.25 CRI CARTER'S INC 2980939 63.27 4,016 254,092.32
0.25 UAA UNDER ARMOUR INC-CLASS A B0PZN11 7.84 32,021 251,044.64
0.25 MED MEDIFAST INC 2934033 83.59 2,974 248,596.66
0.24 STRA STRATEGIC EDUCATION INC BGGJFV8 78.43 3,096 242,819.28
0.24 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 8.37 28,877 241,700.49
0.24 AVTA AVANTAX INC B8L2DV2 22.01 10,702 235,551.02
0.23 IHRT IHEARTMEDIA INC - CLASS A BJVR9Y9 3.12 74,811 233,410.32
0.23 TWOU 2U INC BKWBZZ0 4.29 53,518 229,592.22
0.23 DBI DESIGNER BRAND-A BJ9J282 6.84 33,345 228,079.80
0.18 VSCO VICTORIA'S SECRET & CO BNNTGH3 20.14 8,952 180,293.28
0.16 CHGG CHEGG INC BG6N6K6 9.61 16,254 156,200.94
0.15 PLCE CHILDREN'S PLACE INC/THE 2106791 15.78 9,343 147,432.54
0.08 CASH 1.00 78,321 78,321.31
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 04/30/23

Sector Weight (%)
Consumer Discretionary 42.7
Communication Services 23.7
Information Technology 15.2
Real Estate 8.9
Industrials 3.8
Consumer Staples 3.6
Financials 1.2
Health Care 0.9

Source: AltaVista Research, LLC

ETF Characteristics As of 06/01/23

Return on Equity 15.10%
Weighted Avg. Market Cap 290,883 M
2022 2023
Price-to-earnings 50.50 27.58
Price-to-book value 4.33 4.00

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/31/23

Versus Beta
S&P 500 1.20
NASDAQ-100 0.91
MSCI EAFE 1.11
MSCI Emg. Mkts 0.90
Standard Deviation 24.10%

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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