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.

Morningstar Rating Overall rating out of 1,186 Large Growth funds, based on risk-adjusted returns as of 03/31/2021

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 04/15/21

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 $212,256,985
Net Asset Value (NAV) $42.88
Shares Outstanding 4,950,000
Total Expense Ratio 0.50%

Distributions

30-Day SEC Yield 0.04%
Distribution Frequency Semi-Annually

Fund Prices As of 04/15/21

NAV $42.88 Daily Change $0.58 1.37%
Market Price $42.93 Daily Change $0.65 1.53%
30-Day Median Bid-Ask Spread 0.15%

Performance History

As of recent month & quarter-end (03/31/21)
As of recent month & quarter-end (03/31/21)
Fund NAV Market Price Index
1 Year 100.66% 100.76% 101.88%
3 Years 26.66% 26.66% 27.32%
Since Inception 22.85% 22.78% 23.41%
1 Year 100.66% 100.76% 101.88%
3 Years 26.66% 26.66% 27.32%
Since Inception 22.85% 22.78% 23.41%
Year-to-Date 7.25% 7.24% 7.39%
1 Month 0.75% 0.70% 0.79%
3 Months 7.25% 7.24% 7.39%
Since Inception 174.46% 173.68% 180.83%
Year-to-Date 7.25% 7.24% 7.39%
1 Month 0.75% 0.70% 0.79%
3 Months 7.25% 7.24% 7.39%
Since Inception 174.46% 173.68% 180.83%

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 04/15/21

Return on Equity 14.90%
Weighted Avg. Market Cap 243,768 M
2020 2021
Price-to-earnings 95.83 44.77
Price-to-book value 7.08 6.31

Source: AltaVista Research, LLC

Fund Risk Stats As of 04/15/21

Versus Beta
S&P 500 1.21
MSCI EAFE 1.13
MSCI Emg. Mkts 0.90
Standard Deviation 23.80%

Source: AltaVista Research, LLC

Sector Breakdown As of 03/31/21

% of Net Assets
Consumer Discretionary 42.9
Communication Services 25.2
Information Technology 21.1
Real Estate 6.0
Industrials 2.7
Financials 2.0
Consumer Staples 0.2

Source: AltaVista Research, LLC

Top Holdings As of 04/16/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
3.18 LOW LOWE'S COS INC 2536763 208.25 29,837 6,213,555.25
3.11 SBUX STARBUCKS CORP 2842255 118.34 51,267 6,066,936.78
3.10 UBER UBER TECHNOLOGIES INC BK6N347 60.35 100,211 6,047,733.85
3.10 HD HOME DEPOT INC 2434209 328.08 18,427 6,045,530.16
3.06 AMZN AMAZON.COM INC 2000019 3,399.44 1,759 5,979,614.96
3.05 AAPL APPLE INC 2046251 134.16 44,433 5,961,131.28
3.04 COST COSTCO WHOLESALE CORP 2701271 370.72 16,042 5,947,090.24
3.03 PYPL PAYPAL HOLDINGS INC BYW36M8 269.87 21,902 5,910,692.74
3.02 BKNG BOOKING HOLDINGS INC BDRXDB4 2,476.90 2,384 5,904,929.60
3.02 GOOGL ALPHABET INC-CL A BYVY8G0 2,282.75 2,581 5,891,777.75
3.00 INTU INTUIT INC 2459020 415.82 14,092 5,859,735.44
2.99 FISV FISERV INC 2342034 125.09 46,678 5,838,951.02
2.98 NKE NIKE INC -CL B 2640147 134.31 43,355 5,823,010.05
2.97 ATVI ACTIVISION BLIZZARD INC 2575818 96.48 60,074 5,795,939.52
2.97 DIS WALT DISNEY CO/THE 2270726 187.26 30,943 5,794,386.18
2.96 SE SEA LTD-ADR BYWD7L4 252.42 22,895 5,779,155.90
2.94 SQ SQUARE INC - A BYNZGK1 256.10 22,419 5,741,505.90
2.92 NFLX NETFLIX INC 2857817 546.54 10,452 5,712,436.08
2.90 FB FACEBOOK INC-CLASS A B7TL820 306.18 18,521 5,670,759.78
2.87 SNAP SNAP INC - A BD8DJ71 61.25 91,664 5,614,420.00
2.37 TWTR TWITTER INC BFLR866 70.12 66,001 4,627,990.12
2.36 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 292.02 15,779 4,607,783.58
1.87 EBAY EBAY INC 2293819 64.93 56,260 3,652,961.80
1.83 CMG CHIPOTLE MEXICAN B0X7DZ3 1,535.04 2,329 3,575,108.16
1.72 LULU LULULEMON ATHLETICA INC B23FN39 324.10 10,350 3,354,435.00
1.65 MTCH MATCH GROUP INC BK80XH9 145.30 22,242 3,231,694.48
1.41 VFC VF CORP 2928683 84.74 32,380 2,743,881.20
1.30 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 116.21 21,794 2,532,680.74
1.17 ETSY ETSY INC BWTN5N1 219.99 10,415 2,291,195.85
1.14 EQR EQUITY RESIDENTIAL 2319157 72.62 30,788 2,235,824.56
1.12 AVB AVALONBAY COMMUNITIES INC 2131179 189.81 11,532 2,188,888.92
1.05 W WAYFAIR INC- CLASS A BQXZP64 321.64 6,372 2,049,490.08
1.02 EXPE EXPEDIA GROUP INC B748CK2 173.91 11,429 1,987,617.39
0.91 ABNB AIRBNB INC-CLASS A BMGYYH4 178.69 9,979 1,783,147.51
0.91 CVNA CARVANA CO BYQHPG3 275.09 6,465 1,778,456.85
0.89 KMX CARMAX INC 2983563 129.97 13,420 1,744,197.40
0.87 IAC IAC/INTERACTIVECORP BMGTSK0 248.39 6,850 1,701,471.50
0.86 LYFT LYFT INC-A BJT1RW7 63.40 26,442 1,676,422.80
0.80 INVH INVITATION HOMES INC BD81GW9 33.34 46,846 1,561,845.64
0.79 LB L BRANDS INC B9M2WX3 66.84 23,007 1,537,787.88
0.56 UDR UDR INC 2727910 45.02 24,493 1,102,674.86
0.55 CHGG CHEGG INC BG6N6K6 92.20 11,565 1,066,293.00
0.49 CPT CAMDEN PROPERTY TRUST 2166320 116.05 8,238 956,019.90
0.48 ZNGA ZYNGA INC - CL A B79PX49 10.56 89,468 944,782.08
0.35 AN AUTONATION INC 2732635 97.21 7,092 689,413.32
0.35 ZG ZILLOW GROUP INC - A BVYJBR3 136.14 5,031 684,920.34
0.34 CPRI CAPRI HOLDINGS LTD BJ1N1M9 53.83 12,431 669,160.73
0.33 GRUB GRUBHUB INC BKY7XF2 72.10 8,817 635,705.70
0.32 IRT INDEPENDENCE REA BCRYTK1 16.35 38,148 623,719.80
0.32 IHRT IHEARTMEDIA INC - CLASS A BJVR9Y9 19.25 32,395 623,603.75
0.32 ANGI ANGI INC BF4VWH4 16.80 37,080 622,944.00
0.32 CRI CARTER'S INC 2980939 98.16 6,314 619,782.24
0.32 PLCE CHILDREN'S PLACE INC/THE 2106791 76.84 8,021 616,333.64
0.31 CAR AVIS BUDGET GROUP INC B1CL8J2 79.15 7,755 613,808.25
0.31 GHC GRAHAM HOLDING-B BGM1B98 656.86 934 613,507.24
0.31 DKS DICK'S SPORTING GOODS INC 2969637 84.35 7,225 609,428.75
0.31 SKX SKECHERS USA INC-CL A 2428042 44.82 13,549 607,266.18
0.31 YELP YELP INC B7KCD72 40.36 15,043 607,135.48
0.31 COLM COLUMBIA SPORTSWEAR CO 2229126 110.76 5,462 604,971.12
0.31 PLNT PLANET FITNESS INC - CL A BYSFJV8 88.30 6,838 603,795.40
0.31 SFM SPROUTS FARMERS BCGCR79 27.00 22,196 599,292.00
0.30 TREE LENDINGTREE INC BV8TD84 232.28 2,560 594,636.80
0.30 TWOU 2U INC BKWBZZ0 39.81 14,884 592,532.04
0.30 CARS CARS.COM INC BYXHTC0 13.93 42,528 592,415.04
0.30 GRPN GROUPON INC BMTD360 49.74 11,856 589,717.44
0.30 TRIP TRIPADVISOR INC B6ZC3N6 52.58 11,161 586,845.38
0.30 SLM SLM CORP 2101967 19.27 30,284 583,572.68
0.30 LAUR LAUREATE EDUCATION INC-A BYMYT66 13.42 43,447 583,058.74
0.30 CARG CARGURUS INC BF5D6S8 25.28 23,062 583,007.36
0.30 NNI NELNET INC-CL A 2196190 75.16 7,712 579,633.92
0.30 CSR CENTERSPACE BN47P80 68.16 8,495 579,019.20
0.30 AAN AARON'S CO INC/THE BLFGN99 25.54 22,554 576,029.16
0.29 DBI DESIGNER BRAND-A BJ9J282 17.16 32,951 565,439.16
0.29 UAA UNDER ARMOUR INC-CLASS A B0PZN11 22.05 25,337 558,680.85
0.29 BCOR BLUCORA INC B8L2DV2 16.40 34,023 557,977.20
0.29 STRA STRATEGIC EDUCATION INC BGGJFV8 89.26 6,239 556,893.14
0.29 WW WW INTERNATIONAL INC BK71LY6 29.10 19,101 555,839.10
0.28 LRN STRIDE INC BLD5321 32.34 16,732 541,112.88
0.27 LC LENDINGCLUB CORP BK95GR4 14.75 35,834 528,551.50
0.27 LTRPA LIBERTY TRIPADVISOR HDG-A BQ5BPM6 5.75 91,449 525,831.75
0.27 GPRO GOPRO INC-CLASS A BMNQC35 11.37 45,832 521,109.84
0.26 TRVG TRIVAGO NV - ADR BYMD190 3.69 138,773 512,072.37
0.25 BBBY BED BATH & BEYOND INC 2085878 25.52 19,438 496,057.76
-0.09 CASH 1.00 -178,674 -178,674.16
Holdings are subject to change.


© 2020 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 3/31, MILN was rated against the following number of Large Growth funds over the following time periods: 1,186 during the last 3 years. With respect to these Large Growth funds, MILN received a Morningstar Rating of 4 stars. Past performance is not indicative of future results.

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.