MILN


Millennial Consumer ETF

Reasons to Consider MILN

High Growth Potential

Millennials represent the largest generation in the workforce in the U.S., representing 29.4% of all retail spending.1,2 With most of their prime earning years ahead, the cohort could continue to rise in spending power.

Invest in U.S. Consumers

The U.S. economy is consumer-driven, with private consumption accounting for more than two-thirds of nominal GDP.3

Unconstrained Approach

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

1CapitalOne Shopping. (2026, March 30). Millennial Shopping Statistics. 2EMarketer. (2026, February 6). FAQ on millennials: How brands can reach this generation in 2026. 
3FRED. (2026, April 30). Shares of gross domestic product: Personal consumption expenditures.

Key Information As of 10/30/26

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $89.25 million
NAV $43.75

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 10/30/26

Ticker MILN
B3 Trading Code BMIL39
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Number of Holdings 80

Distributions As of 10/30/26

30-Day SEC Yield 0.49%
Distribution Frequency Semi Annually

ETF Prices As of 10/30/26

NAV $43.75 Daily Change -$0.16 -0.36%
Market Price $43.73 Daily Change -$0.14 -0.32%

Performance History

Cumulative Returns (as of 09/30/26)
1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
Return MILN -8.17% 3.65% -9.79% -14.26% 1.98% 193.06% 05/04/16
Returns (as of 10/29/26)
Return MILN Return Index
Since Inception 204.43% 219.91%
12 Months -6.61% -6.30%
24 Months 4.77% 5.56%
Last 60 Trading Days -5.01% -4.94%
Last 75 Trading Days -2.67% -2.58%
Monthly Returns (through 10/29/26)
Return MILN Return Index
Oct 2026 3.90% 3.91%
Sep 2026 -8.16% -8.16%
Aug 2026 2.47% 2.51%
Jul 2026 3.49% 3.57%
Jun 2026 -0.10% -0.08%
May 2026 -1.34% -1.33%
Apr 2026 7.97% 7.97%
Mar 2026 -6.50% -6.44%
Feb 2026 -4.99% -4.97%
Jan 2026 -2.34% -2.32%
Dec 2025 1.21% 1.24%
Nov 2025 -1.23% -1.19%
Oct 2025 -4.40% -4.39%
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%

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 10/30/26

Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
3.87 AAPL APPLE INC United States 2046251 344.63 10,015 3,451,469.45
3.72 ABNB AIRBNB INC-CLASS A United States BMGYYH4 164.39 20,186 3,318,376.54
3.57 SPOT SPOTIFY TECHNOLOGY SA United States BFZ1K46 593.44 5,363 3,182,618.72
3.38 DASH DOORDASH INC - A United States BN13P03 178.99 16,865 3,018,666.35
3.25 DIS WALT DISNEY CO/THE United States 2270726 110.94 26,130 2,898,862.20
3.21 EBAY EBAY INC United States 2293819 121.64 23,571 2,867,176.44
3.12 SBUX STARBUCKS CORP United States 2842255 103.67 26,874 2,786,027.58
3.09 PYPL PAYPAL HOLDINGS INC United States BYW36M8 57.01 48,427 2,760,823.27
3.05 CVNA CARVANA CO United States BYQHPG3 68.29 39,885 2,723,746.65
3.00 AMZN AMAZON.COM INC United States 2000019 240.35 11,153 2,680,623.55
2.87 COST COSTCO WHOLESALE CORP United States 2701271 1,012.28 2,531 2,562,080.68
2.86 META META PLATFORMS INC United States B7TL820 614.99 4,156 2,555,898.44
2.84 VMRK VIVMARK RESIDENTIAL United States 2319157 61.90 40,887 2,530,905.30
2.83 HD HOME DEPOT INC United States 2434209 329.20 7,663 2,522,659.60
2.76 INTU INTUIT INC United States 2459020 341.09 7,216 2,461,305.44
2.72 CMG CHIPOTLE MEXICAN GRILL INC United States B0X7DZ3 31.89 76,156 2,428,614.84
2.65 UBER UBER TECHNOLOGIES INC United States BK6N347 65.25 36,309 2,369,162.25
2.58 GOOGL ALPHABET INC-CL A United States BYVY8G0 279.84 8,218 2,299,725.12
2.57 NKE NIKE INC -CL B United States 2640147 38.67 59,269 2,291,932.23
2.54 SE SEA LTD-ADR United States BYWD7L4 74.24 30,521 2,265,879.04
2.47 TJX TJX COMPANIES INC United States 2989301 140.31 15,712 2,204,550.72
2.46 LOW LOWE'S COS INC United States 2536763 209.07 10,501 2,195,444.07
2.45 BKNG BOOKING HOLDINGS INC United States BDRXDB4 148.13 14,772 2,188,176.36
2.42 XYZ BLOCK INC United States BYNZGK1 76.22 28,352 2,160,989.44
1.97 EXPE EXPEDIA GROUP INC United States B748CK2 285.93 6,157 1,760,471.01
1.78 NFLX NETFLIX INC United States 2857817 62.08 25,555 1,586,454.40
1.77 WSM WILLIAMS-SONOMA INC United States 2967589 252.72 6,253 1,580,258.16
1.73 SN SHARKNINJA INC United States BRS7681 208.00 7,437 1,546,896.00
1.58 FISV FISERV INC United States 2342034 50.02 28,123 1,406,712.46
1.26 SOFI SOFI TECHNOLOGIES INC United States BM8J4C2 16.76 67,084 1,124,327.84
0.95 INVH INVITATION HOMES INC United States BD81GW9 26.56 32,026 850,610.56
0.80 CART MAPLEBEAR INC United States BN4L6W3 56.45 12,655 714,374.75
0.74 W WAYFAIR INC- CLASS A United States BQXZP64 115.91 5,733 664,512.03
0.70 LULU LULULEMON ATHLETICA INC United States B23FN39 107.24 5,820 624,136.80
0.69 UDR UDR INC United States 2727910 35.52 17,261 613,110.72
0.61 CPT CAMDEN PROPERTY TRUST United States 2166320 100.69 5,428 546,545.32
0.59 LTH LIFE TIME GROUP HOLDINGS INC United States BPH0546 45.10 11,669 526,271.90
0.58 SG SWEETGREEN INC - CLASS A United States BMQ89L5 11.07 46,474 514,467.18
0.55 DKS DICK'S SPORTING GOODS INC United States 2969637 143.84 3,435 494,090.40
0.55 VSXY VICTORIA'S SECRET & CO United States BNNTGH3 96.62 5,091 491,892.42
0.50 ETSY ETSY INC United States BWTN5N1 88.96 5,057 449,870.72
0.49 GAP GAP INC/THE United States 2360326 22.32 19,595 437,360.40
0.46 KMX CARMAX INC United States 2983563 55.58 7,449 414,015.42
0.46 ANF ABERCROMBIE & FITCH CO-CL A United States 2004185 164.44 2,511 412,908.84
0.46 URBN URBAN OUTFITTERS INC United States 2933438 90.72 4,502 408,421.44
0.46 OMDA OMADA HEALTH INC United States BTNLPC9 18.73 21,758 407,527.34
0.45 SNAP SNAP INC - A United States BD8DJ71 5.34 75,457 402,940.38
0.44 CELH CELSIUS HOLDINGS INC United States B19HX21 29.12 13,520 393,702.40
0.42 VFC VF CORP United States 2928683 18.30 20,575 376,522.50
0.41 HIMS HIMS & HERS HEALTH INC United States BN46048 27.68 13,196 365,265.28
0.38 LYFT LYFT INC-A United States BJT1RW7 16.16 20,930 338,228.80
0.37 AN AUTONATION INC United States 2732635 179.64 1,824 327,663.36
0.36 CARS CARS.COM INC United States BYXHTC0 11.24 28,622 321,711.28
0.34 COLM COLUMBIA SPORTSWEAR CO United States 2229126 67.54 4,431 299,269.74
0.32 PTON PELOTON INTERACTIVE INC-A United States BJ7WJS2 5.12 55,021 281,707.52
0.31 NGVC NATURAL GROCERS BY VITAMIN C United States B82C9Z7 28.69 9,768 280,243.92
0.31 GHC GRAHAM HOLDINGS CO-CLASS B United States BGM1B98 1,168.51 240 280,442.40
0.31 GRND GRINDR INC United States BP4XXM2 12.65 21,758 275,238.70
0.30 HAPN HAPPEN INC United States BK95GR4 15.53 17,492 271,650.76
0.29 LAUR LAUREATE EDUCATION INC United States BYMYT66 33.22 7,828 260,046.16
0.28 IRT INDEPENDENCE REALTY TRUST IN United States BCRYTK1 14.72 17,053 251,020.16
0.28 SFM SPROUTS FARMERS MARKET INC United States BCGCR79 49.70 4,978 247,406.60
0.28 CPRI CAPRI HOLDINGS LTD United States BJ1N1M9 18.68 13,174 246,090.32
0.27 CSR CENTERSPACE United States BN47P80 58.44 4,188 244,746.72
0.27 CARG CARGURUS INC United States BF5D6S8 32.18 7,581 243,956.58
0.27 NNI NELNET INC-CL A United States 2196190 122.47 1,954 239,306.38
0.26 STRA STRATEGIC EDUCATION INC United States BGGJFV8 72.96 3,172 231,429.12
0.26 LOPE GRAND CANYON EDUCATION INC United States B3F1XM1 147.88 1,544 228,326.72
0.25 LRN STRIDE INC United States BLD5321 78.36 2,888 226,303.68
0.25 PLNT PLANET FITNESS INC - CL A United States BYSFJV8 53.58 4,180 223,964.40
0.25 CRI CARTER'S INC United States 2980939 31.54 7,072 223,050.88
0.24 PRDO PERDOCEO EDUCATION CORP United States BKRQQR9 29.81 7,299 217,583.19
0.24 SLM SLM CORP United States 2101967 17.80 12,154 216,341.20
0.23 TRIP TRIPADVISOR INC United States B6ZC3N6 9.22 22,697 209,266.34
0.23 UAA UNDER ARMOUR INC-CLASS A United States B0PZN11 4.99 41,582 207,494.18
0.23 ZG ZILLOW GROUP INC - A United States BVYJBR3 31.89 6,423 204,829.47
0.22 CAR AVIS BUDGET GROUP INC United States B1CL8J2 107.99 1,862 201,077.38
0.22 YELP YELP INC United States B7KCD72 19.09 10,197 194,660.73
0.19 UTI UNIVERSAL TECHNICAL INSTITUT United States 2002543 22.64 7,337 166,109.68
0.18 COUR COURSERA INC United States BNSNZL7 3.47 46,565 161,580.55
0.12 CASH United States 1.00 105,049 105,048.78
-0.01 OTHER PAYABLE & RECEIVABLES United States 1.00 -11,857 -11,857.06
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 09/30/26

Sector Weight (%)
Consumer Discretionary 49.7
Communication Services 19.7
Information Technology 9.0
Financials 7.2
Real Estate 5.8
Consumer Staples 3.8
Industrials 3.8
Health Care 1.0

Source: AltaVista Research, LLC

ETF Characteristics As of 10/30/26

Return on Equity 19.30%
Weighted Avg. Market Cap 522,079 M
2025 2026
Price-to-earnings 22.54 19.10
Price-to-book value 3.94 3.46

Source: AltaVista Research, LLC

ETF Risk Stats As of 09/30/26

Versus Beta
S&P 500 0.92
MSCI EAFE 0.59
MSCI Emg. Mkts 0.22
Standard Deviation 19.70%

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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