Global X - Millennial Consumer ETF
$42.67−0.66 (−1.53%)
- Expense ratio
- 0.50%
- Fund size
- $90M
- 1Y return
- −14.1%
- Yield · Last 12 months
- 0.32%
- Holdings
- 80
- Volume · 30D
- 0M sh
- NAV per share
- $43.29
- 52W range
The ETF.net MILN Grade
Score 70 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 73Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 81Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 41Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 82Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 84Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 82Category rank
Our read on MILN
BA 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
- 80
- 34%
- AAPL
Sectors
- Consumer Discr.51.6%
- Communication16.5%
- Technology14.0%
- Real Estate5.7%
- Cons. Staples5.5%
- Financials5.1%
- Health Care0.9%
- Industrials0.5%
Geography
- United States92.43%
- Singapore3.49%
- Sweden3.20%
- Canada0.65%
- 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.
Returns run to the Sep 22, 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 | −7.6% |
| 1 month | −7.0% |
| 3 months | +2.3% |
| 1 year | −14.1% |
| 3 years | +13.0% |
| 5 years | −0.2% |
| 10 years | +10.9% |
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 | −7.6% | |
| 2025 | +4.6% | |
| 2024 | +27.1% | |
| 2023 | +36.3% | |
| 2022 | −38.6% | |
| 2021 | +14.0% | |
| 2020 | +44.8% |
MILN in the news
ETF.net Research hasn’t filed on MILN yet — coverage lands here as it’s written.
MILN Dividends
- 0.32%
- $0.14
- $0.04 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jul 2, 2026 | $0.04 |
| Dec 30, 2025 | Jan 7, 2026 | $0.10 |
| Jun 27, 2025 | Jul 7, 2025 | $0.02 |
| Dec 30, 2024 | Jan 7, 2025 | $0.09 |
| Jun 27, 2024 | Jul 5, 2024 | $0.02 |
| Dec 28, 2023 | Jan 8, 2024 | $0.11 |
| Jun 29, 2023 | Jul 10, 2023 | $0.0042 |
| Dec 29, 2022 | Jan 9, 2023 | $0.06 |
| Dec 30, 2021 | Jan 7, 2022 | $0.07 |
| Dec 30, 2020 | Jan 8, 2021 | $0.06 |
| Jun 29, 2020 | Jul 8, 2020 | $0.02 |
| Dec 30, 2019 | Jan 8, 2020 | $0.09 |
MILN Risk
- 17.5%
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.
- 0.53
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.
- 1.10
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
- The middle half of Consumer Lifestyle funds
- Median 0.58%
2 of the 11 Consumer Lifestyle funds charge less.