MILN
Millennial Consumer ETF
Reasons to Consider MILN
High Growth Potential
Millennials represent the largest generation in the workforce in the U.S., representing 29.4% of all retail spending.1,2 With most of their prime earning years ahead, the cohort could continue to rise in spending power.
Invest in U.S. Consumers
The U.S. economy is consumer-driven, with private consumption accounting for more than two-thirds of nominal GDP.3
Unconstrained Approach
The most innovative U.S. companies often defy sector categorization. MILN invests accordingly across a wide range of consumer-driven businesses.
1CapitalOne Shopping. (2026, March 30). Millennial Shopping Statistics.
2EMarketer. (2026, February 6). FAQ on millennials: How brands can reach this generation in 2026.
3FRED. (2026, April 30). Shares of gross domestic product: Personal consumption expenditures.
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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.
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