MILN


Millennial Consumer ETF

Reasons to Consider MILN

High Growth Potential

Millennials have become the largest generation in the U.S., making up over 45% of the workforce.1 With most of their prime earning years ahead, companies catering to Millennials could see large 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, 2023
2CEIC Data, 2023

Key Information As of 10/27/25

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $118.37 million
NAV $49.53

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 10/27/25

Ticker MILN
B3 Trading Code BMIL39
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Shares Outstanding 2,390,000
Number of Holdings 82
30-Day Median Bid-Ask Spread 0.27%

Distributions As of 10/27/25

30-Day SEC Yield 0.25%
Distribution Frequency Semi Annually

ETF Prices As of 10/27/25

NAV $49.53 Daily Change $0.51 1.04%
Market Price $49.53 Daily Change $0.48 0.98%

Performance History

Cumulative Returns (as of 09/30/25)
1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
Return MILN -0.48% 14.62% 9.98% 18.12% 64.63% 241.81% 05/04/16
Returns (as of 10/24/25)
Return MILN Return Index
Since Inception 238.84% 254.31%
12 Months 16.34% 16.81%
24 Months 69.79% 71.29%
Last 60 Trading Days 1.32% 1.37%
Last 75 Trading Days -0.24% -0.14%
Monthly Returns (through 10/24/25)
Return MILN Return Index
Oct 2025 -0.86% -0.86%
Sep 2025 -0.49% -0.44%
Aug 2025 2.71% 2.71%
Jul 2025 -0.84% -0.77%
Jun 2025 4.60% 4.66%
May 2025 7.87% 7.91%
Apr 2025 0.23% 0.25%
Mar 2025 -8.46% -8.46%
Feb 2025 -1.58% -1.60%
Jan 2025 6.52% 6.59%
Dec 2024 -3.62% -3.56%
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%

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 10/27/25

Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
1.03 INVH INVITATION HOMES INC United States BD81GW9 28.88 42,363 1,223,443.44
0.94 CELH CELSIUS HOLDINGS INC United States B19HX21 62.22 17,791 1,106,956.02
0.83 W WAYFAIR INC- CLASS A United States BQXZP64 86.45 11,348 981,034.60
0.75 DKS DICK'S SPORTING GOODS INC United States 2969637 229.27 3,884 890,484.68
0.70 UDR UDR INC United States 2727910 36.01 22,891 824,304.91
0.67 SNAP SNAP INC - A United States BD8DJ71 7.91 99,687 788,524.17
0.65 CPT CAMDEN PROPERTY TRUST United States 2166320 104.16 7,365 767,138.40
0.61 SFM SPROUTS FARMERS United States BCGCR79 106.80 6,776 723,676.80
0.60 HIMS HIMS & HERS HEALTH INC United States BN46048 48.23 14,753 711,537.19
0.59 CART MAPLEBEAR INC United States BN4L6W3 38.35 18,254 700,040.90
0.57 CAR AVIS BUDGET GROUP INC United States B1CL8J2 155.18 4,349 674,877.82
4.31 GOOGL ALPHABET INC-CL A United States BYVY8G0 269.27 18,932 5,097,819.64
3.68 DASH DOORDASH INC - A United States BN13P03 263.35 16,527 4,352,385.45
3.61 AAPL APPLE INC United States 2046251 268.81 15,888 4,270,853.28
3.51 SE SEA LTD-ADR United States BYWD7L4 160.10 25,949 4,154,434.90
3.43 UBER UBER TECHNOLOGIES INC United States BK6N347 96.42 42,100 4,059,282.00
3.40 META META PLATFORMS INC United States B7TL820 750.82 5,365 4,028,149.30
3.18 DIS WALT DISNEY CO/THE United States 2270726 112.34 33,522 3,765,861.48
3.08 AMZN AMAZON.COM INC United States 2000019 226.97 16,045 3,641,733.65
2.98 NKE NIKE INC -CL B United States 2640147 68.59 51,426 3,527,309.34
2.94 SPOT SPOTIFY TECHNOLOGY SA United States BFZ1K46 657.80 5,283 3,475,157.40
0.23 CRI CARTER'S INC United States 2980939 32.98 8,278 273,008.44
0.23 UAA UNDER ARMOUR INC-CLASS A United States B0PZN11 4.85 55,455 268,956.75
0.22 ZIP ZIPRECRUITER INC-A United States BMGH6N3 4.82 54,033 260,439.06
0.22 IRT INDEPENDENCE REA United States BCRYTK1 16.16 15,975 258,156.00
0.21 NGVC NATURAL GROCERS United States B82C9Z7 39.70 6,329 251,261.30
0.21 COLM COLUMBIA SPORTSWEAR CO United States 2229126 54.89 4,464 245,028.96
0.20 GRND GRINDR INC United States BP4XXM2 14.32 16,190 231,840.80
0.09 SG SWEETGREEN INC - CLASS A United States BMQ89L5 7.24 14,084 101,968.16
0.07 CURV TORRID HOLDINGS INC United States BMBR9W8 1.40 58,687 82,161.80
0.04 CASH United States 1.00 45,461 45,461.30
-0.01 OTHER PAYABLE & RECEIVABLES United States 1.00 -12,050 -12,049.65
2.92 BKNG BOOKING HOLDINGS INC United States BDRXDB4 5,254.40 657 3,452,140.80
2.91 NFLX NETFLIX INC United States 2857817 1,094.56 3,147 3,444,580.32
2.91 INTU INTUIT INC United States 2459020 683.39 5,035 3,440,868.65
2.83 PYPL PAYPAL HOLDINGS INC United States BYW36M8 70.25 47,718 3,352,189.50
2.83 ABNB AIRBNB INC-CLASS A United States BMGYYH4 129.07 25,920 3,345,494.40
2.78 CVNA CARVANA CO United States BYQHPG3 355.15 9,281 3,296,147.15
2.67 EBAY EBAY INC United States 2293819 98.01 32,210 3,156,902.10
2.66 LOW LOWE'S COS INC United States 2536763 243.65 12,941 3,153,074.65
2.66 HD HOME DEPOT INC United States 2434209 385.27 8,168 3,146,885.36
2.62 XYZ BLOCK INC United States BYNZGK1 80.15 38,668 3,099,240.20
2.53 SBUX STARBUCKS CORP United States 2842255 87.22 34,376 2,998,274.72
2.37 COST COSTCO WHOLESALE CORP United States 2701271 929.85 3,014 2,802,567.90
2.06 CMG CHIPOTLE MEXICAN United States B0X7DZ3 41.06 59,539 2,444,671.34
1.92 SOFI SOFI TECHNOLOGIES INC United States BM8J4C2 30.00 75,794 2,273,820.00
1.60 EXPE EXPEDIA GROUP INC United States B748CK2 222.50 8,524 1,896,590.00
1.56 AVB AVALONBAY COMMUNITIES INC United States 2131179 188.37 9,832 1,852,053.84
1.50 FI FISERV INC United States 2342034 126.54 14,006 1,772,319.24
1.40 EQR EQUITY RESIDENTIAL United States 2319157 63.31 26,245 1,661,570.95
1.39 WSM WILLIAMS-SONOMA INC United States 2967589 192.86 8,537 1,646,445.82
1.22 LULU LULULEMON ATHLETICA INC United States B23FN39 181.39 7,984 1,448,217.76
0.33 CARG CARGURUS INC United States BF5D6S8 35.76 10,834 387,423.84
0.32 OMDA OMADA HEALTH INC United States BTNLPC9 26.42 14,460 382,033.20
0.30 NNI NELNET INC-CL A United States 2196190 131.38 2,704 355,251.52
0.29 ZG ZILLOW GROUP INC - A United States BVYJBR3 74.14 4,585 339,931.90
0.27 ANGI ANGI INC United States BT9P0M0 14.10 22,780 321,198.00
0.27 GHC GRAHAM HOLDING-B United States BGM1B98 1,033.82 309 319,450.38
0.25 STRA STRATEGIC EDUCATION INC United States BGGJFV8 83.94 3,553 298,238.82
0.25 CSR CENTERSPACE United States BN47P80 60.22 4,849 292,006.78
0.24 CARS CARS.COM INC United States BYXHTC0 11.25 25,227 283,803.75
0.23 YELP YELP INC United States B7KCD72 32.99 8,341 275,169.59
0.39 VMEO VIMEO INC United States BNDYF15 7.78 59,168 460,327.04
0.39 LRN STRIDE INC United States BLD5321 152.64 3,010 459,446.40
0.38 LAUR LAUREATE EDUCATION INC United States BYMYT66 29.91 14,937 446,765.67
0.37 URBN URBAN OUTFITTERS INC United States 2933438 67.68 6,404 433,422.72
0.36 TRIP TRIPADVISOR INC United States B6ZC3N6 16.72 25,674 429,269.28
0.36 PTON PELOTON INTERACTIVE INC-A United States BJ7WJS2 7.72 54,789 422,971.08
0.35 SLM SLM CORP United States 2101967 28.45 14,544 413,776.80
0.34 PRDO PERDOCEO EDUCATION CORP United States BKRQQR9 37.03 10,966 406,070.98
0.34 COUR COURSERA INC United States BNSNZL7 9.16 44,255 405,375.80
0.33 LTH LIFE TIME GROUP United States BPH0546 26.77 14,488 387,843.76
0.50 LC LENDINGCLUB CORP United States BK95GR4 18.33 32,003 586,614.99
0.49 LYFT LYFT INC-A United States BJT1RW7 20.63 28,303 583,890.89
0.48 VSCO VICTORIA'S SECRET & CO United States BNNTGH3 34.87 16,296 568,241.52
0.48 MTCH MATCH GROUP INC United States BK80XH9 32.82 17,310 568,114.20
0.47 PLNT PLANET FITNESS INC - CL A United States BYSFJV8 96.28 5,808 559,194.24
0.47 ETSY ETSY INC United States BWTN5N1 75.56 7,400 559,144.00
0.45 AN AUTONATION INC United States 2732635 195.08 2,706 527,886.48
0.42 CPRI CAPRI HOLDINGS LTD United States BJ1N1M9 22.54 21,879 493,152.66
0.40 KMX CARMAX INC United States 2983563 45.08 10,630 479,200.40
0.40 VFC VF CORP United States 2928683 16.61 28,126 467,172.86
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 09/30/25

Sector Weight (%)
Consumer Discretionary 43.7
Communication Services 23.6
Information Technology 9.4
Financials 7.5
Real Estate 6.2
Industrials 4.9
Consumer Staples 4.1
Health Care 0.7

Source: AltaVista Research, LLC

ETF Characteristics As of 10/27/25

Return on Equity 18.30%
Weighted Avg. Market Cap 451,678 M
2024 2025
Price-to-earnings 33.70 28.97
Price-to-book value 5.81 4.88

Source: AltaVista Research, LLC

ETF Risk Stats As of 09/30/25

Versus Beta
S&P 500 1.29
MSCI EAFE 0.78
MSCI Emg. Mkts 0.65
Standard Deviation 19.50%

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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