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 07/23/21

Key Facts

Ticker MILN
Inception Date 05/04/16
CUSIP 37954Y764
ISIN US37954Y7647
Bloomberg Index Ticker IMILN
Primary Exchange Nasdaq
Number of Holdings 83

Stats & Fees

Net Assets $217,211,102
Net Asset Value (NAV) $44.88
Shares Outstanding 4,840,000
Total Expense Ratio 0.50%

Distributions

30-Day SEC Yield 0.02%
Distribution Frequency Semi-Annually

Fund Prices As of 07/23/21

NAV $44.88 Daily Change $0.94 2.13%
Market Price $44.90 Daily Change $0.89 2.02%
30-Day Median Bid-Ask Spread 0.12%

Performance History

As of recent month & quarter-end (06/30/21)
As of recent month & quarter-end (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 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%
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 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%

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 07/23/21

Return on Equity 16.60%
Weighted Avg. Market Cap 309,991 M
2020 2021
Price-to-earnings 116.51 42.32
Price-to-book value 7.54 6.60

Source: AltaVista Research, LLC

Fund Risk Stats As of 07/23/21

Versus Beta
S&P 500 1.21
MSCI EAFE 1.13
MSCI Emg. Mkts 0.96
Standard Deviation 23.90%

Source: AltaVista Research, LLC

Sector Breakdown As of 06/30/21

% of Net Assets
Consumer Discretionary 43.4
Communication Services 28.2
Information Technology 19.6
Real Estate 5.2
Industrials 1.9
Financials 1.5
Consumer Staples 0.3

Source: AltaVista Research, LLC

Top Holdings As of 07/23/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.63 INTU INTUIT INC 2459020 528.43 14,929 7,888,931.47
3.52 NKE NIKE INC -CL B 2640147 166.36 45,920 7,639,251.20
3.49 SNAP SNAP INC - A BD8DJ71 77.97 97,089 7,570,029.33
3.37 GOOGL ALPHABET INC-CL A BYVY8G0 2,660.30 2,754 7,326,466.20
3.36 FB FACEBOOK INC-CLASS A B7TL820 369.79 19,730 7,295,956.70
3.32 SE SEA LTD-ADR BYWD7L4 297.67 24,245 7,217,009.15
3.31 COST COSTCO WHOLESALE CORP 2701271 423.43 16,987 7,192,805.41
3.30 PYPL PAYPAL HOLDINGS INC BYW36M8 308.53 23,198 7,157,278.94
3.22 AAPL APPLE INC 2046251 148.56 47,052 6,990,045.12
3.16 AMZN AMAZON.COM INC 2000019 3,656.64 1,876 6,859,856.64
3.15 SBUX STARBUCKS CORP 2842255 125.97 54,291 6,839,037.27
2.99 HD HOME DEPOT INC 2434209 332.84 19,507 6,492,709.88
2.92 LOW LOWE'S COS INC 2536763 200.84 31,592 6,344,937.28
2.89 SQ SQUARE INC - A BYNZGK1 264.00 23,742 6,267,888.00
2.68 ATVI ACTIVISION BLIZZARD INC 2575818 91.50 63,644 5,823,426.00
2.66 DIS WALT DISNEY CO/THE 2270726 176.14 32,779 5,773,693.06
2.63 NFLX NETFLIX INC 2857817 515.41 11,073 5,707,134.93
2.55 BKNG BOOKING HOLDINGS INC BDRXDB4 2,202.57 2,519 5,548,273.83
2.54 FISV FISERV INC 2342034 111.79 49,432 5,526,003.28
2.32 UBER UBER TECHNOLOGIES INC BK6N347 47.46 106,157 5,038,211.22
2.31 TWTR TWITTER INC BFLR866 71.69 69,922 5,012,708.18
2.08 CMG CHIPOTLE MEXICAN B0X7DZ3 1,830.92 2,464 4,511,386.88
2.03 LULU LULULEMON ATHLETICA INC B23FN39 402.79 10,971 4,419,009.09
2.02 EBAY EBAY INC 2293819 73.54 59,581 4,381,586.74
1.88 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 243.64 16,722 4,074,148.08
1.80 MTCH MATCH GROUP INC BK80XH9 165.86 23,565 3,908,490.90
1.31 VFC VF CORP 2928683 83.08 34,297 2,849,394.76
1.29 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 121.55 23,090 2,806,589.50
1.28 AVB AVALONBAY COMMUNITIES INC 2131179 226.80 12,207 2,768,547.60
1.27 EQR EQUITY RESIDENTIAL 2319157 84.82 32,630 2,767,676.60
1.07 CVNA CARVANA CO BYQHPG3 338.92 6,843 2,319,229.56
1.06 ETSY ETSY INC BWTN5N1 208.86 11,036 2,304,978.96
0.93 INVH INVITATION HOMES INC BD81GW9 40.52 49,627 2,010,886.04
0.90 EXPE EXPEDIA GROUP INC B748CK2 161.55 12,104 1,955,401.20
0.89 W WAYFAIR INC- CLASS A BQXZP64 285.51 6,750 1,927,192.50
0.88 KMX CARMAX INC 2983563 134.84 14,203 1,915,132.52
0.87 LB L BRANDS INC B9M2WX3 77.85 24,390 1,898,761.50
0.71 LYFT LYFT INC-A BJT1RW7 54.90 28,008 1,537,639.20
0.68 ABNB AIRBNB INC-CLASS A BMGYYH4 138.73 10,573 1,466,792.29
0.66 UDR UDR INC 2727910 54.93 25,951 1,425,488.43
0.59 CPT CAMDEN PROPERTY TRUST 2166320 147.23 8,724 1,284,434.52
0.50 CHGG CHEGG INC BG6N6K6 88.06 12,240 1,077,854.40
0.47 IAC IAC/INTERACTIVECORP BNDYF48 140.80 7,255 1,021,504.00
0.46 ZNGA ZYNGA INC - CL A B79PX49 10.45 94,793 990,586.85
0.40 IHRT IHEARTMEDIA INC - CLASS A BJVR9Y9 25.48 34,312 874,269.76
0.38 CSR CENTERSPACE BN47P80 91.42 9,008 823,511.36
0.38 AN AUTONATION INC 2732635 116.72 7,044 822,175.68
0.37 DKS DICK'S SPORTING GOODS INC 2969637 104.41 7,782 812,518.62
0.37 IRT INDEPENDENCE REA BCRYTK1 20.00 40,197 803,940.00
0.36 SKX SKECHERS USA INC-CL A 2428042 54.22 14,359 778,544.98
0.34 PLCE CHILDREN'S PLACE INC/THE 2106791 86.45 8,507 735,430.15
0.32 AAN AARON'S CO INC/THE BLFGN99 27.29 25,364 692,183.56
0.32 CARG CARGURUS INC BF5D6S8 28.24 24,439 690,157.36
0.31 TWOU 2U INC BKWBZZ0 45.82 14,757 676,165.74
0.31 LAUR LAUREATE EDUCATION INC-A BYMYT66 14.53 46,037 668,917.61
0.31 CRI CARTER'S INC 2980939 99.38 6,692 665,050.96
0.30 CPRI CAPRI HOLDINGS LTD BJ1N1M9 50.00 13,160 658,000.00
0.30 CAR AVIS BUDGET GROUP INC B1CL8J2 79.46 8,214 652,684.44
0.30 GHC GRAHAM HOLDING-B BGM1B98 653.76 988 645,914.88
0.28 WW WW INTERNATIONAL INC BK71LY6 30.51 20,235 617,369.85
0.28 SLM SLM CORP 2101967 19.00 32,091 609,729.00
0.28 ZG ZILLOW GROUP INC - A BVYJBR3 113.28 5,328 603,555.84
0.28 LC LENDINGCLUB CORP BK95GR4 15.88 37,967 602,915.96
0.28 NNI NELNET INC-CL A 2196190 73.28 8,171 598,770.88
0.27 BBBY BED BATH & BEYOND INC 2085878 28.72 20,599 591,603.28
0.27 BCOR BLUCORA INC B8L2DV2 16.20 36,048 583,977.60
0.27 SFM SPROUTS FARMERS BCGCR79 24.74 23,519 581,860.06
0.26 COLM COLUMBIA SPORTSWEAR CO 2229126 99.25 5,786 574,260.50
0.26 YELP YELP INC B7KCD72 38.49 14,904 573,654.96
0.26 CARS CARS.COM INC BYXHTC0 12.29 45,064 553,836.56
0.25 UAA UNDER ARMOUR INC-CLASS A B0PZN11 20.50 26,849 550,404.50
0.25 LRN STRIDE INC BLD5321 30.98 17,731 549,306.38
0.25 PLNT PLANET FITNESS INC - CL A BYSFJV8 75.40 7,243 546,122.20
0.24 VMEO VIMEO INC BNDYF15 44.17 11,741 518,599.95
0.24 TREE LENDINGTREE INC BV8TD84 189.83 2,722 516,717.26
0.23 DBI DESIGNER BRAND-A BJ9J282 14.39 34,920 502,498.80
0.23 GPRO GOPRO INC-CLASS A BMNQC35 10.25 48,559 497,729.75
0.22 GRPN GROUPON INC BMTD360 37.80 12,558 474,692.40
0.22 ANGI ANGI INC BF4VWH4 12.03 39,346 473,332.38
0.22 STRA STRATEGIC EDUCATION INC BGGJFV8 70.81 6,617 468,549.77
0.20 TRIP TRIPADVISOR INC B6ZC3N6 36.26 11,834 429,100.84
0.20 TRVG TRIVAGO NV - ADR BYMD190 2.91 147,033 427,866.03
0.16 LTRPA LIBERTY TRIPADVISOR HDG-A BQ5BPM6 3.65 97,011 354,090.15
0.13 CASH 1.00 276,727 276,727.17
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.