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 05/19/22

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $123.44 million
NAV $28.12
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 05/19/22

Ticker MILN
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Shares Outstanding 4,390,000
Number of Holdings 83
30-Day Median Bid-Ask Spread 0.33%

Distributions As of 05/19/22

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

ETF Prices As of 05/19/22

NAV $28.12 Daily Change $0.25 0.90%
Market Price $28.14 Daily Change $0.35 1.26%

Performance History

As of recent
(03/31/22)
As of recent
(03/31/22)
Fund NAV Market Price Index
1 Year -9.16% -9.31% -8.69%
3 Years 15.64% 15.60% 16.27%
5 Years 17.61% 17.54% 18.20%
Since Inception 16.73% 16.64% 17.27%
1 Year -23.69% -23.77% -23.32%
3 Years 8.97% 8.98% 9.54%
5 Years 13.57% 13.57% 14.14%
Since Inception 13.89% 13.83% 14.42%
Year-to-Date -14.60% -14.54% -14.49%
1 Month 0.58% 0.41% 0.63%
3 Months -14.60% -14.54% -14.49%
Since Inception 149.31% 148.20% 156.43%
Year-to-Date -25.36% -25.19% -25.25%
1 Month -12.59% -12.47% -12.59%
3 Months -16.52% -16.88% -16.45%
Since Inception 117.91% 117.25% 124.15%

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 05/19/22

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.74 ATVI ACTIVISION BLIZZARD INC 2575818 77.74 59,349 4,613,791.26
3.71 HD HOME DEPOT INC 2434209 287.76 15,928 4,583,441.28
3.64 BKNG BOOKING HOLDINGS INC BDRXDB4 2,103.40 2,138 4,497,069.20
3.61 LOW LOWE'S COS INC 2536763 187.86 23,694 4,451,154.84
3.54 FISV FISERV INC 2342034 94.39 46,311 4,371,295.29
3.32 SBUX STARBUCKS CORP 2842255 71.93 57,033 4,102,383.69
3.30 FB META PLATFORMS INC B7TL820 191.29 21,297 4,073,903.13
3.19 NKE NIKE INC -CL B 2640147 106.44 37,043 3,942,856.92
3.11 GOOGL ALPHABET INC-CL A BYVY8G0 2,207.68 1,741 3,843,570.88
3.08 AAPL APPLE INC 2046251 137.35 27,669 3,800,337.15
3.00 DIS WALT DISNEY CO/THE 2270726 103.14 35,860 3,698,600.40
2.85 INTU INTUIT INC 2459020 362.33 9,700 3,514,601.00
2.78 PYPL PAYPAL HOLDINGS INC BYW36M8 81.28 42,269 3,435,624.32
2.78 COST COSTCO WHOLESALE CORP 2701271 422.93 8,120 3,434,191.60
2.68 UBER UBER TECHNOLOGIES INC BK6N347 23.24 142,314 3,307,377.36
2.67 ABNB AIRBNB INC-CLASS A BMGYYH4 114.17 28,871 3,296,202.07
2.61 AMZN AMAZON.COM INC 2000019 2,146.38 1,501 3,221,716.38
2.61 SQ BLOCK INC BYNZGK1 87.14 36,923 3,217,470.22
2.45 SNAP SNAP INC - A BD8DJ71 23.20 130,379 3,024,792.80
2.45 SE SEA LTD-ADR BYWD7L4 76.89 39,274 3,019,777.86
2.27 CMG CHIPOTLE MEXICAN B0X7DZ3 1,272.49 2,201 2,800,750.49
2.12 LULU LULULEMON ATHLETICA INC B23FN39 271.22 9,659 2,619,713.98
1.91 NFLX NETFLIX INC 2857817 183.48 12,880 2,363,222.40
1.90 TWTR TWITTER INC BFLR866 37.29 63,032 2,350,463.28
1.78 AVB AVALONBAY COMMUNITIES INC 2131179 199.36 11,002 2,193,358.72
1.75 EQR EQUITY RESIDENTIAL 2319157 73.34 29,501 2,163,603.34
1.67 EBAY EBAY INC 2293819 44.62 46,099 2,056,937.38
1.40 INVH INVITATION HOMES INC BD81GW9 35.75 48,248 1,724,866.00
1.36 MTCH MATCH GROUP INC BK80XH9 75.05 22,366 1,678,568.30
1.30 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 105.77 15,120 1,599,242.40
1.21 EXPE EXPEDIA GROUP INC B748CK2 126.57 11,827 1,496,943.39
1.10 VFC VF CORP 2928683 44.61 30,482 1,359,802.02
0.96 UDR UDR INC 2727910 46.28 25,627 1,186,017.56
0.93 KMX CARMAX INC 2983563 90.80 12,661 1,149,618.80
0.92 CPT CAMDEN PROPERTY TRUST 2166320 138.00 8,268 1,140,984.00
0.64 ETSY ETSY INC BWTN5N1 79.24 9,944 787,962.56
0.61 CAR AVIS BUDGET GROUP INC B1CL8J2 179.72 4,207 756,082.04
0.60 ZNGA ZYNGA INC - CL A B79PX49 8.35 88,539 739,300.65
0.43 AN AUTONATION INC 2732635 109.76 4,815 528,494.40
0.43 LYFT LYFT INC-A BJT1RW7 19.29 27,226 525,189.54
0.42 LAUR LAUREATE EDUCATION INC BYMYT66 12.40 41,453 514,017.20
0.40 CPRI CAPRI HOLDINGS LTD BJ1N1M9 42.65 11,530 491,754.50
0.39 LRN STRIDE INC BLD5321 36.29 13,169 477,903.01
0.38 DBI DESIGNER BRAND-A BJ9J282 13.93 33,920 472,505.60
0.38 AAN AARON'S CO INC/THE BLFGN99 19.05 24,666 469,887.30
0.38 GHC GRAHAM HOLDING-B BGM1B98 605.21 773 467,827.33
0.38 SLM SLM CORP 2101967 17.22 27,048 465,766.56
0.37 TRIP TRIPADVISOR INC B6ZC3N6 25.04 18,067 452,397.68
0.36 NNI NELNET INC-CL A 2196190 81.22 5,522 448,496.84
0.36 VSCO VICTORIA'S SECRET & CO BNNTGH3 44.82 10,001 448,244.82
0.36 PLNT PLANET FITNESS INC - CL A BYSFJV8 67.82 6,584 446,526.88
0.36 PLCE CHILDREN'S PLACE INC/THE 2106791 47.74 9,294 443,695.56
0.36 MED MEDIFAST INC 2934033 163.24 2,698 440,421.52
0.35 SKX SKECHERS USA INC-CL A 2428042 35.90 12,185 437,441.50
0.35 STRA STRATEGIC EDUCATION INC BGGJFV8 63.44 6,860 435,198.40
0.35 LC LENDINGCLUB CORP BK95GR4 13.38 32,369 433,097.22
0.35 ANGI ANGI INC BF4VWH4 5.13 84,318 432,551.34
0.35 YELP YELP INC B7KCD72 29.47 14,520 427,904.40
0.35 CRI CARTER'S INC 2980939 78.51 5,444 427,408.44
0.34 ZG ZILLOW GROUP INC - A BVYJBR3 42.31 9,856 417,007.36
0.34 COLM COLUMBIA SPORTSWEAR CO 2229126 73.85 5,623 415,258.55
0.33 BCOR BLUCORA INC B8L2DV2 16.36 25,034 409,556.24
0.33 TWOU 2U INC BKWBZZ0 11.04 36,826 406,559.04
0.32 IRT INDEPENDENCE REA BCRYTK1 22.31 17,559 391,741.29
0.31 DKS DICK'S SPORTING GOODS INC 2969637 79.26 4,881 386,868.06
0.31 CSR CENTERSPACE BN47P80 83.06 4,620 383,737.20
0.31 GPRO GOPRO INC-CLASS A BMNQC35 6.66 56,869 378,747.54
0.30 VMEO VIMEO INC BNDYF15 8.97 41,152 369,133.44
0.29 CARS CARS.COM INC BYXHTC0 10.13 35,508 359,696.04
0.29 TRVG TRIVAGO NV - ADR BYMD190 1.67 212,007 354,051.69
0.28 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 14.73 23,657 348,467.61
0.27 SFM SPROUTS FARMERS BCGCR79 22.99 14,229 327,124.71
0.25 W WAYFAIR INC- CLASS A BQXZP64 49.72 6,209 308,711.48
0.25 BODY BEACHBODY CO INC/THE BL98755 1.27 242,671 308,192.17
0.25 IHRT IHEARTMEDIA INC - CLASS A BJVR9Y9 12.30 24,784 304,843.20
0.25 WW WW INTERNATIONAL INC BK71LY6 6.80 44,750 304,300.00
0.24 GRPN GROUPON INC BMTD360 12.52 23,789 297,838.28
0.22 UAA UNDER ARMOUR INC-CLASS A B0PZN11 9.28 29,145 270,465.60
0.22 TREE LENDINGTREE INC BV8TD84 64.57 4,144 267,578.08
0.21 CARG CARGURUS INC BF5D6S8 23.39 11,308 264,494.12
0.21 CHGG CHEGG INC BG6N6K6 19.24 13,230 254,545.20
0.19 CVNA CARVANA CO BYQHPG3 32.88 7,045 231,639.60
0.17 BBBY BED BATH & BEYOND INC 2085878 9.66 21,700 209,622.00
0.13 CASH 1.00 164,436 164,436.48
Holdings are subject to change.

Sector Breakdown As of 04/30/22

Sector Weight (%)
Consumer Discretionary 41.4
Communication Services 25.9
Information Technology 14.9
Real Estate 7.7
Industrials 4.7
Consumer Staples 3.7
Financials 1.6
Other/Cash 0.1

Source: AltaVista Research, LLC

ETF Characteristics As of 05/19/22

Return on Equity 17.70%
Weighted Avg. Market Cap 244,866 M
2021 2022
Price-to-earnings 25.54 23.84
Price-to-book value 4.54 3.93

Source: AltaVista Research, LLC

ETF Risk Stats As of 05/19/22

Versus Beta
S&P 500 1.23
MSCI EAFE 1.18
MSCI Emg. Mkts 1.00
Standard Deviation 24.80%

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.

Back to Top