Global X - Millennial Consumer ETF
$43.56+0.14 (+0.33%)
- 0.50%
- $89M
- −8.5%
- 0.32%
- 0M sh
- $43.43
- low $39.23high $49.80
The ETF.net MILN Grade
A
Score 71 out of 100
- 1 of 11
Score 71 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A73 out of 100Rank 3 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.A80 out of 100Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C42 out of 100Rank 8 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A84 out of 100Rank 2 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A85 out of 100Rank 1 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A82 out of 100Rank 2 of 11
Our read on MILN
AA bet on how a whole generation spends, not on one sector. Since 2016 it has tracked an index of about 80 US companies built around Millennial wallets, an early take on generational themes that costs less than the typical fund in its niche.
The fund seeks exposure to companies positioned to benefit from the increasing spending power and distinct consumption preferences of U.S. Millennials.
Why people hold it
- Charges 0.50% a year, under the 0.65% median for its consumer-lifestyle peer group. Modest for a single-theme fund.globalxetfs.com
- Follows a published rulebook, the Indxx Millennials Thematic Index, so holdings answer to the stated mandate rather than a manager's mood.globalxetfs.com
- The portfolio matches what the label promises: US companies tied to Millennial spending power and tastes, spread across roughly 80 names instead of a two-stock wager.globalxetfs.com
- Top-quartile standing in a consumer-lifestyle cohort that includes PAWZ, EMC and LOGO, and it undercuts EMC and LOGO on fees.
Worth knowing
- Trades thinly. Spreads can run wider than on a mega-cap index fund, so order size and limit prices matter more here.
- One theme, one country. Roughly 80 US consumer stocks tied to a single spending story can move further, up or down, than a broad market fund.
- Distributions arrive once or twice a year at most. Income is not what this structure is built around.
MILN Holdings
- Stocks
- 82
- 34%
- AAPL
Sectors
- Consumer Discretionary51.5%
- Communication16.6%
- Technology13.9%
- Consumer Staples5.8%
- Real Estate5.5%
- Financials5.1%
- Health Care0.9%
- Industrials0.6%
Geography
- United States92.76%
- Singapore3.38%
- Sweden3.00%
- Canada0.63%
- United Kingdom0.22%
MILN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MILN$9,151
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MILN |
|---|---|
| Year to date | −7.4% |
| 1 month | −1.6% |
| 3 months | −3.0% |
| 1 year | −8.5% |
| 3 years | +13.0% |
| 5 years | +0.3% |
| 10 years | +11.2% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MILN |
|---|---|---|
| 2026 YTD | −7.4% | |
| 2025 | +4.6% | |
| 2024 | +27.1% | |
| 2023 | +36.3% | |
| 2022 | −38.6% | |
| 2021 | +14.0% | |
| 2020 | +44.8% |
MILN in the news
MILN Dividends
- 0.32%
- $0.14
- $0.04 per share
- Twice a year
Distribution history
MILN Risk
- 17.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.47
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −44.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MILN Cost
0.50%
MILN0.50%
- The middle half of Consumer Lifestyle funds
- Median 0.58%
2 of the 11 Consumer Lifestyle funds charge less.
Other funds in Consumer Lifestyle
- BPEJInvesco Dynamic Leisure and Entertainment ETFExpense ratio 0.58%1 year return +11.6%
- BPAWZProShares Pet Care ETFExpense ratio 0.50%1 year return −10.3%
- CGENZVanEck Digital Native Economy ETFExpense ratio 0.51%1 year return −4.0%
- CEMCGlobal X - Emerging Markets Great Consumer ETFExpense ratio 0.65%1 year return +21.0%
- CBREWCorgi ETF Trust I - Corgi Coffee & Energy Drinks ETFExpense ratio 0.35%1 year return —