MILN


Millennial Consumer ETF

Reasons to Consider 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.

Key Information As of 10/21/21

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $235.27 million
NAV $45.42
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 10/21/21

Ticker MILN
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Shares Outstanding 5,180,000
Number of Holdings 82
30-Day Median Bid-Ask Spread 0.21%

Distributions As of 10/21/21

30-Day SEC Yield 0.00%
Distribution Frequency Semi-Annually

ETF Prices As of 10/21/21

NAV $45.42 Daily Change $0.48 1.06%
Market Price $45.48 Daily Change $0.49 1.09%

Performance History

As of recent month & quarter-end (09/30/21)
As of recent month & quarter-end (09/30/21)
Fund NAV Market Price Index
1 Year 38.10% 38.26% 38.85%
3 Years 22.36% 22.41% 23.00%
5 Years 22.52% 22.53% 23.13%
Since Inception 22.09% 22.04% 22.65%
1 Year 38.10% 38.26% 38.85%
3 Years 22.36% 22.41% 23.00%
5 Years 22.52% 22.53% 23.13%
Since Inception 22.09% 22.04% 22.65%
Year-to-Date 14.95% 15.02% 15.41%
1 Month -4.23% -4.31% -4.19%
3 Months -0.67% -0.65% -0.56%
Since Inception 194.17% 193.53% 201.80%
Year-to-Date 14.95% 15.02% 15.41%
1 Month -4.23% -4.31% -4.19%
3 Months -0.67% -0.65% -0.56%
Since Inception 194.17% 193.53% 201.80%

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 10/21/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
4.05 SE SEA LTD-ADR BYWD7L4 363.30 26,249 9,536,261.70
3.98 INTU INTUIT INC 2459020 578.35 16,169 9,351,341.15
3.73 COST COSTCO WHOLESALE CORP 2701271 477.23 18,391 8,776,736.93
3.57 GOOGL ALPHABET INC-CL A BYVY8G0 2,837.72 2,962 8,405,326.64
3.43 NKE NIKE INC -CL B 2640147 162.18 49,724 8,064,238.32
3.36 SNAP SNAP INC - A BD8DJ71 75.11 105,141 7,897,140.51
3.33 NFLX NETFLIX INC 2857817 653.16 11,993 7,833,347.88
3.31 LOW LOWE'S COS INC 2536763 227.42 34,196 7,776,854.32
3.27 HD HOME DEPOT INC 2434209 364.62 21,111 7,697,492.82
3.24 AAPL APPLE INC 2046251 149.48 50,940 7,614,511.20
3.11 FB FACEBOOK INC-CLASS A B7TL820 341.88 21,370 7,305,975.60
2.95 AMZN AMAZON.COM INC 2000019 3,435.01 2,020 6,938,720.20
2.90 SQ SQUARE INC - A BYNZGK1 265.08 25,706 6,814,146.48
2.86 SBUX STARBUCKS CORP 2842255 114.44 58,779 6,726,668.76
2.81 BKNG BOOKING HOLDINGS INC BDRXDB4 2,411.13 2,743 6,613,729.59
2.60 PYPL PAYPAL HOLDINGS INC BYW36M8 243.21 25,122 6,109,921.62
2.59 DIS WALT DISNEY CO/THE 2270726 171.34 35,503 6,083,084.02
2.51 FISV FISERV INC 2342034 110.16 53,520 5,895,763.20
2.31 ATVI ACTIVISION BLIZZARD INC 2575818 78.70 68,928 5,424,633.60
2.27 UBER UBER TECHNOLOGIES INC BK6N347 46.47 114,965 5,342,423.55
2.14 LULU LULULEMON ATHLETICA INC B23FN39 424.04 11,891 5,042,259.64
2.11 TWTR TWITTER INC BFLR866 65.40 75,730 4,952,742.00
2.09 EBAY EBAY INC 2293819 76.21 64,509 4,916,230.89
2.09 CMG CHIPOTLE MEXICAN B0X7DZ3 1,843.83 2,664 4,911,963.12
1.96 SPOT SPOTIFY TECHNOLOGY SA BFZ1K46 255.00 18,122 4,621,110.00
1.90 MTCH MATCH GROUP INC BK80XH9 175.53 25,525 4,480,403.25
1.30 AVB AVALONBAY COMMUNITIES INC 2131179 232.01 13,211 3,065,084.11
1.28 EQR EQUITY RESIDENTIAL 2319157 85.09 35,350 3,007,931.50
1.20 ETSY ETSY INC BWTN5N1 235.98 11,956 2,821,376.88
1.17 VFC VF CORP 2928683 74.07 37,141 2,751,033.87
1.01 PTON PELOTON INTERACTIVE INC-A BJ7WJS2 94.83 25,010 2,371,698.30
0.95 CVNA CARVANA CO BYQHPG3 301.76 7,403 2,233,929.28
0.93 KMX CARMAX INC 2983563 141.90 15,367 2,180,577.30
0.92 INVH INVITATION HOMES INC BD81GW9 40.30 53,751 2,166,165.30
0.91 EXPE EXPEDIA GROUP INC B748CK2 162.75 13,104 2,132,676.00
0.83 ABNB AIRBNB INC-CLASS A BMGYYH4 170.50 11,453 1,952,736.50
0.76 W WAYFAIR INC- CLASS A BQXZP64 243.83 7,310 1,782,397.30
0.66 UDR UDR INC 2727910 54.79 28,111 1,540,201.69
0.64 LYFT LYFT INC-A BJT1RW7 49.57 30,332 1,503,557.24
0.64 CPT CAMDEN PROPERTY TRUST 2166320 158.33 9,444 1,495,268.52
0.63 CAR AVIS BUDGET GROUP INC B1CL8J2 167.51 8,894 1,489,833.94
0.61 LC LENDINGCLUB CORP BK95GR4 34.79 41,131 1,430,947.49
0.44 DKS DICK'S SPORTING GOODS INC 2969637 123.95 8,422 1,043,906.90
0.42 CSR CENTERSPACE BN47P80 101.92 9,768 995,554.56
0.41 AN AUTONATION INC 2732635 126.00 7,644 963,144.00
0.41 IRT INDEPENDENCE REA BCRYTK1 22.19 43,401 963,068.19
0.39 CARG CARGURUS INC BF5D6S8 34.40 26,479 910,877.60
0.37 LAUR LAUREATE EDUCATION INC-A BYMYT66 17.36 49,881 865,934.16
0.35 IHRT IHEARTMEDIA INC - CLASS A BJVR9Y9 22.10 37,156 821,147.60
0.35 CHGG CHEGG INC BG6N6K6 61.42 13,244 813,446.48
0.34 AAN AARON'S CO INC/THE BLFGN99 29.48 27,408 807,987.84
0.34 ZNGA ZYNGA INC - CL A B79PX49 7.80 102,681 800,911.80
0.32 PLCE CHILDREN'S PLACE INC/THE 2106791 82.51 9,227 761,319.77
0.32 CPRI CAPRI HOLDINGS LTD BJ1N1M9 52.61 14,244 749,376.84
0.32 NNI NELNET INC-CL A 2196190 84.37 8,851 746,758.87
0.31 CRI CARTER'S INC 2980939 100.52 7,252 728,971.04
0.30 SKX SKECHERS USA INC-CL A 2428042 45.67 15,559 710,579.53
0.28 LRN STRIDE INC BLD5321 34.32 19,211 659,321.52
0.28 BCOR BLUCORA INC B8L2DV2 16.67 39,052 650,996.84
0.27 YELP YELP INC B7KCD72 39.50 16,184 639,268.00
0.27 SLM SLM CORP 2101967 18.37 34,775 638,816.75
0.27 PLNT PLANET FITNESS INC - CL A BYSFJV8 79.45 7,843 623,126.35
0.26 CARS CARS.COM INC BYXHTC0 12.71 48,828 620,603.88
0.26 COLM COLUMBIA SPORTSWEAR CO 2229126 98.74 6,266 618,704.84
0.26 GHC GRAHAM HOLDING-B BGM1B98 574.40 1,068 613,459.20
0.26 UAA UNDER ARMOUR INC-CLASS A B0PZN11 20.93 29,093 608,916.49
0.24 CASH 1.00 565,576 565,575.87
0.24 SFM SPROUTS FARMERS BCGCR79 22.13 25,483 563,938.79
0.23 ZG ZILLOW GROUP INC - A BVYJBR3 93.32 5,768 538,269.76
0.23 ANGI ANGI INC BF4VWH4 12.58 42,710 537,291.80
0.23 TWOU 2U INC BKWBZZ0 33.07 16,001 529,153.07
0.22 STRA STRATEGIC EDUCATION INC BGGJFV8 71.85 7,177 515,667.45
0.22 DBI DESIGNER BRAND-A BJ9J282 13.50 37,844 510,894.00
0.21 VSCO VICTORIA'S SECRET & CO BNNTGH3 56.35 8,809 496,387.15
0.20 GPRO GOPRO INC-CLASS A BMNQC35 9.14 52,603 480,791.42
0.19 TRIP TRIPADVISOR INC B6ZC3N6 34.57 12,834 443,671.38
0.19 TREE LENDINGTREE INC BV8TD84 149.62 2,962 443,174.44
0.18 VMEO VIMEO INC BNDYF15 33.40 12,705 424,347.00
0.17 TRVG TRIVAGO NV - ADR BYMD190 2.55 159,289 406,186.95
0.17 WW WW INTERNATIONAL INC BK71LY6 18.30 21,919 401,117.70
0.15 LTRPA LIBERTY TRIPADVISOR HDG-A BQ5BPM6 3.35 105,263 352,631.05
0.14 GRPN GROUPON INC BMTD360 23.82 13,598 323,904.36
0.14 BBBY BED BATH & BEYOND INC 2085878 14.29 22,319 318,938.51
Holdings are subject to change.

Sector Breakdown As of 09/30/21

Sector Weight (%)
Consumer Discretionary 37.8
Communication Services 31.0
Information Technology 19.2
Real Estate 5.6
Consumer Staples 3.9
Financials 1.7
Industrials 0.8

Source: AltaVista Research, LLC

ETF Characteristics As of 10/21/21

Return on Equity 18.10%
Weighted Avg. Market Cap 332,295 M
2020 2021
Price-to-earnings 118.01 39.10
Price-to-book value 7.65 6.61

Source: AltaVista Research, LLC

ETF Risk Stats As of 10/21/21

Versus Beta
S&P 500 1.20
MSCI EAFE 1.16
MSCI Emg. Mkts 0.95
Standard Deviation 24.00%

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.