MILN


Millennial Consumer ETF

Reasons to Consider MILN

High Growth Potential

Millennials have surpassed Baby Boomers as the largest generation in the U.S. and now make up over 45% of the U.S. workforce.1 With most of their prime earning years ahead, companies that cater to Millennials could be well positioned for growth.

Invest in U.S. Consumers

The U.S. economy is consumer-driven, with private consumption accounting for more than two-thirds of nominal GDP.2

Unconstrained Approach

The most innovative U.S. companies often defy sector categorization. MILN invests accordingly across a wide range of consumer-driven businesses.

1Axios, Nov 2023
2CEIC Data, Dec 2023

Key Information As of 01/03/25

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $123.13 million
NAV $45.44

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 01/03/25

Ticker MILN
B3 Trading Code BMIL39
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Shares Outstanding 2,710,000
Number of Holdings 79
30-Day Median Bid-Ask Spread 0.29%

Distributions As of 01/03/25

30-Day SEC Yield 0.26%
Distribution Frequency Semi-Annually

ETF Prices As of 01/03/25

NAV $45.44 Daily Change $0.49 1.09%
Market Price $45.40 Daily Change $0.40 0.89%

Performance History

Cumulative Returns (as of 12/31/24)
1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
Return MILN -4.04% 17.04% 27.10% 27.10% 73.09% 210.80% 05/04/16
Returns (as of 01/02/25)
Return MILN Return Index
Since Inception 210.59% 223.50%
12 Months 27.39% 27.98%
24 Months 51.03% 52.42%
Last 60 Trading Days 8.64% 8.76%
Last 75 Trading Days 11.60% 11.80%
Monthly Returns (through 01/02/25)
Return MILN Return Index
Jan 2025 -0.07% -0.07%
Dec 2024 -4.04% -4.01%
Nov 2024 10.69% 10.76%
Oct 2024 1.13% 1.14%
Sep 2024 4.65% 4.73%
Aug 2024 4.13% 4.16%
Jul 2024 0.00% 0.03%
Jun 2024 2.14% 2.16%
May 2024 0.77% 0.81%
Apr 2024 -4.31% -4.28%
Mar 2024 2.31% 2.35%
Feb 2024 8.10% 8.16%
Jan 2024 -0.30% -0.27%
Dec 2023 8.29% 8.32%
Nov 2023 12.61% 12.68%
Oct 2023 -3.88% -3.91%
Sep 2023 -5.35% -5.32%
Aug 2023 -5.35% -5.28%
Jul 2023 6.24% 6.32%
Jun 2023 8.84% 8.91%
May 2023 -2.95% -2.89%
Apr 2023 1.18% 1.21%
Mar 2023 3.25% 3.28%
Feb 2023 -3.41% -3.41%
Jan 2023 14.52% 14.59%

Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.

NAV & Index Chart

Top Holdings As of 01/03/25

Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
3.91 SPOT SPOTIFY TECHNOLOGY SA United States BFZ1K46 466.69 10,321 4,816,707.49
3.78 SE SEA LTD-ADR United States BYWD7L4 106.32 43,831 4,660,111.92
3.56 NFLX NETFLIX INC United States 2857817 881.05 4,983 4,390,272.15
3.54 AAPL APPLE INC United States 2046251 243.36 17,900 4,356,144.00
3.46 FI FISERV INC United States 2342034 208.57 20,400 4,254,828.00
3.43 BKNG BOOKING HOLDINGS INC United States BDRXDB4 4,903.85 861 4,222,214.85
3.39 PYPL PAYPAL HOLDINGS INC United States BYW36M8 87.60 47,617 4,171,249.20
3.19 COST COSTCO WHOLESALE CORP United States 2701271 916.58 4,282 3,924,795.56
3.16 DASH DOORDASH INC - A United States BN13P03 174.96 22,229 3,889,185.84
3.06 GOOGL ALPHABET INC-CL A United States BYVY8G0 191.79 19,655 3,769,632.45
3.02 AMZN AMAZON.COM INC United States 2000019 224.19 16,573 3,715,500.87
2.94 META META PLATFORMS INC United States B7TL820 604.63 5,989 3,621,129.07
2.93 SQ BLOCK INC United States BYNZGK1 92.16 39,135 3,606,681.60
2.85 HD HOME DEPOT INC United States 2434209 389.18 9,020 3,510,403.60
2.75 LULU LULULEMON ATHLETICA INC United States B23FN39 378.18 8,954 3,386,223.72
2.74 SBUX STARBUCKS CORP United States 2842255 92.58 36,475 3,376,855.50
2.69 LOW LOWE'S COS INC United States 2536763 248.48 13,308 3,306,771.84
2.56 INTU INTUIT INC United States 2459020 630.23 4,991 3,145,477.93
2.54 CMG CHIPOTLE MEXICAN United States B0X7DZ3 59.70 52,382 3,127,205.40
2.41 DIS WALT DISNEY CO/THE United States 2270726 111.16 26,745 2,972,974.20
2.18 EBAY EBAY INC United States 2293819 61.61 43,559 2,683,669.99
2.16 UBER UBER TECHNOLOGIES INC United States BK6N347 64.59 41,183 2,660,009.97
2.13 AVB AVALONBAY COMMUNITIES INC United States 2131179 219.17 11,943 2,617,547.31
2.09 ABNB AIRBNB INC-CLASS A United States BMGYYH4 135.71 18,966 2,573,875.86
2.03 NKE NIKE INC -CL B United States 2640147 73.31 34,099 2,499,797.69
1.84 EQR EQUITY RESIDENTIAL United States 2319157 70.90 31,894 2,261,284.60
1.66 EXPE EXPEDIA GROUP INC United States B748CK2 186.09 10,970 2,041,407.30
1.41 CVNA CARVANA CO United States BYQHPG3 177.16 9,792 1,734,750.72
1.33 INVH INVITATION HOMES INC United States BD81GW9 31.93 51,426 1,642,032.18
1.14 SNAP SNAP INC - A United States BD8DJ71 11.97 117,295 1,404,021.15
0.99 SOFI SOFI TECHNOLOGIES INC United States BM8J4C2 14.84 81,891 1,215,262.44
0.97 UDR UDR INC United States 2727910 43.08 27,649 1,191,118.92
0.93 SFM SPROUTS FARMERS United States BCGCR79 134.65 8,499 1,144,390.35
0.92 DKS DICK'S SPORTING GOODS INC United States 2969637 229.12 4,948 1,133,685.76
0.86 KMX CARMAX INC United States 2983563 80.07 13,257 1,061,487.99
0.85 CPT CAMDEN PROPERTY TRUST United States 2166320 117.07 8,986 1,051,991.02
0.82 CART MAPLEBEAR INC United States BN4L6W3 44.93 22,352 1,004,275.36
0.63 SKX SKECHERS USA INC-CL A United States 2428042 69.09 11,173 771,942.57
0.62 PTON PELOTON INTERACTIVE INC-A United States BJ7WJS2 9.07 83,567 757,952.69
0.59 PLNT PLANET FITNESS INC - CL A United States BYSFJV8 100.24 7,293 731,050.32
0.59 MTCH MATCH GROUP INC United States BK80XH9 32.49 22,485 730,537.65
0.56 VSCO VICTORIA'S SECRET & CO United States BNNTGH3 41.86 16,476 689,685.36
0.56 VFC VF CORP United States 2928683 21.16 32,528 688,292.48
0.54 LC LENDINGCLUB CORP United States BK95GR4 17.51 37,886 663,383.86
0.48 AN AUTONATION INC United States 2732635 169.36 3,491 591,235.76
0.46 HIMS HIMS & HERS HEALTH INC United States BN46048 26.63 21,411 570,174.93
0.45 VMEO VIMEO INC United States BNDYF15 6.65 84,104 559,291.60
0.45 LRN STRIDE INC United States BLD5321 107.14 5,192 556,270.88
0.44 ETSY ETSY INC United States BWTN5N1 53.90 9,931 535,280.90
0.42 SLM SLM CORP United States 2101967 28.17 18,452 519,792.84
0.41 ZG ZILLOW GROUP INC - A United States BVYJBR3 71.40 7,008 500,371.20
0.40 LTH LIFE TIME GROUP United States BPH0546 22.79 21,380 487,250.20
0.40 CARG CARGURUS INC United States BF5D6S8 35.82 13,581 486,471.42
0.38 LYFT LYFT INC-A United States BJT1RW7 14.27 32,770 467,627.90
0.38 PRDO PERDOCEO EDUCATION CORP United States BKRQQR9 26.06 17,777 463,268.62
0.34 COLM COLUMBIA SPORTSWEAR CO United States 2229126 82.67 5,000 413,350.00
0.32 UAA UNDER ARMOUR INC-CLASS A United States B0PZN11 8.36 46,890 392,000.40
0.32 LAUR LAUREATE EDUCATION INC United States BYMYT66 18.34 21,208 388,954.72
0.31 IRT INDEPENDENCE REA United States BCRYTK1 19.92 19,130 381,069.60
0.30 GHC GRAHAM HOLDING-B United States BGM1B98 888.89 422 375,111.58
0.29 W WAYFAIR INC- CLASS A United States BQXZP64 45.53 7,953 362,100.09
0.29 NNI NELNET INC-CL A United States 2196190 106.40 3,309 352,077.60
0.27 CASH United States 1.00 337,892 337,891.99
0.27 CSR CENTERSPACE United States BN47P80 65.56 5,098 334,224.88
0.26 XPOF XPONENTIAL FITNESS INC-A United States BP0TJN7 15.26 20,905 319,010.30
0.26 CARS CARS.COM INC United States BYXHTC0 17.13 18,494 316,802.22
0.25 YELP YELP INC United States B7KCD72 39.54 7,754 306,593.16
0.23 STRA STRATEGIC EDUCATION INC United States BGGJFV8 92.56 3,077 284,807.12
0.20 CAR AVIS BUDGET GROUP INC United States B1CL8J2 81.76 2,952 241,355.52
0.19 ANGI ANGI INC United States BF4VWH4 1.64 144,707 237,319.48
0.18 CRI CARTER'S INC United States 2980939 54.37 4,156 225,961.72
0.16 COUR COURSERA INC United States BNSNZL7 8.53 23,650 201,734.50
0.16 CPRI CAPRI HOLDINGS LTD United States BJ1N1M9 20.28 9,721 197,141.88
0.16 DBI DESIGNER BRAND-A United States BJ9J282 5.40 35,874 193,719.60
0.16 ZIP ZIPRECRUITER INC-A United States BMGH6N3 6.95 27,434 190,666.30
0.14 TRIP TRIPADVISOR INC United States B6ZC3N6 14.99 11,513 172,579.87
0.10 ACCD ACCOLADE INC United States BMB3JJ3 3.44 35,885 123,444.40
0.06 CHGG CHEGG INC United States BG6N6K6 1.65 41,777 68,932.05
-0.16 OTHER PAYABLE & RECEIVABLES United States 1.00 -199,335 -199,335.30

Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 12/31/24

Sector Weight (%)
Consumer Discretionary 42.2
Communication Services 22.7
Financials 9.8
Information Technology 9.4
Real Estate 8.2
Consumer Staples 4.1
Industrials 3.0
Health Care 0.5
Other/Cash 0.1

Source: AltaVista Research, LLC

ETF Characteristics As of 01/03/25

Return on Equity 17.70%
Weighted Avg. Market Cap 451,082 M
2023 2024
Price-to-earnings 35.02 29.83
Price-to-book value 5.70 4.94

Source: AltaVista Research, LLC

ETF Risk Stats As of 12/31/24

Versus Beta
S&P 500 1.33
MSCI EAFE 1.17
MSCI Emg. Mkts 0.96
Standard Deviation 25.10%

Source: AltaVista Research, LLC

TERMS OF USE

Global X Brasil Gestora de Investimentos Ltda. (“Global X Brasil”) is an asset manager authorized by the Brazilian Securities and Exchange Commission (“CVM”), constituted in the form of CVM Resolution No. 21/2021. Investing involves risks. The material on this site is for informational purposes only and does not constitute investment advice, recommendation, offer or solicitation to buy or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be illegal under the securities laws of such jurisdiction. Opinions expressed here are subject to change without notice. Reliance upon the information contained in this material is at the sole discretion of the reader. No securities regulator has confirmed the accuracy of any information contained herein. Access to the information on this site or the use of the services or information provided herein is prohibited by any person or entity in any jurisdiction or country where such distribution or use is contrary to local law, rules, or regulation. Investment in index funds (ETFs) involves risks, including detachment from the benchmark index and related to the liquidity of shares in the secondary market. Investment funds managed by Global X Brasil use strategies that can result in significant equity losses for their quota holders. Global X Brasil, its partners and employees are exempt of responsibility for any damages resulting directly or indirectly from the use of the information contained on this website.

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