NAV | $30.36 | Daily Change | $0.69 | 2.33% |
Market Price | $30.39 | Daily Change | $0.76 | 2.56% |
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.
The US economy is consumer-driven, with private consumption accounting for more than two-thirds of nominal GDP.2
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
Inception Date | 05/04/16 |
Total Expense Ratio | 0.50% |
Net Assets | $99.88 million |
NAV | $30.36 |
Fact Sheet |
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.
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.
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% |
30-Day SEC Yield | 0.39% |
Distribution Frequency | Semi-Annually |
NAV | $30.36 | Daily Change | $0.69 | 2.33% |
Market Price | $30.39 | Daily Change | $0.76 | 2.56% |
As of recent (03/31/23)
As of recent (03/31/23)
|
Fund NAV | Market Price | Index |
---|---|---|---|
1 Year | -17.73% | -17.92% | -17.42% |
3 Years | 14.46% | 14.33% | 15.03% |
5 Years | 8.72% | 8.63% | 9.25% |
Since Inception | 10.96% | 10.85% | 11.47% |
1 Year | -0.41% | -0.24% | 0.03% |
3 Years | 4.08% | 4.09% | 4.58% |
5 Years | 6.92% | 6.88% | 7.45% |
Since Inception | 10.40% | 10.34% | 10.91% |
Year-to-Date | 14.24% | 13.98% | 14.33% |
1 Month | 3.25% | 2.91% | 3.27% |
3 Months | 14.24% | 13.98% | 14.33% |
Since Inception | 105.10% | 103.73% | 111.76% |
Year-to-Date | 12.17% | 12.26% | 12.37% |
1 Month | -2.95% | -3.01% | -2.89% |
3 Months | 1.38% | 1.35% | 1.50% |
Since Inception | 101.39% | 100.65% | 108.13% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | 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 |
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
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
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
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.