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    MILN

    Millennial Consumer ETF

    Invest in MILN

    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 09/02/26

    Inception Date 05/04/16
    Total Expense Ratio 0.50%
    Net Assets $94.94 million
    NAV $45.86

    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 09/02/26

    Ticker MILN
    B3 Trading Code BMIL39
    Bloomberg Index Ticker IMILN
    CUSIP 37954Y764
    ISIN US37954Y7647
    Primary Exchange Nasdaq
    Shares Outstanding 2,070,000
    Number of Holdings 80
    30-Day Median Bid-Ask Spread 0.26%

    Distributions As of 09/02/26

    30-Day SEC Yield 0.42%
    Distribution Frequency Semi Annually
     Distribution History

    ETF Prices As of 09/02/26

    NAV $45.86 Daily Change $0.48 1.06%
    Market Price $45.90 Daily Change $0.51 1.12%

    Performance History

    Premium Discount Chart
    Cumulative Returns (as of 08/31/26)
    		1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
    Return MILN 2.45% 5.53% -1.77% -7.09% 11.05% 219.13% 05/04/16
    Returns (as of 09/01/26)
    		Return MILN Return Index
    Since Inception 214.62% 230.39%
    12 Months -7.75% -7.44%
    24 Months 9.48% 10.30%
    Last 60 Trading Days 7.42% 7.57%
    Last 75 Trading Days 6.52% 6.65%
    Monthly Returns (through 09/01/26)
    		Return MILN Return Index
    Sep 2026 -1.41% -1.41%
    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%
    Sep 2024 4.65% 4.73%

    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 09/02/26

    Full Holdings (.csv)
    Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
    4.08 DASH DOORDASH INC - A United States BN13P03 226.24 17,114 3,871,871.36
    3.95 ABNB AIRBNB INC-CLASS A United States BMGYYH4 183.26 20,483 3,753,714.58
    3.68 SE SEA LTD-ADR United States BYWD7L4 112.81 30,968 3,493,500.08
    3.48 AAPL APPLE INC United States 2046251 324.96 10,162 3,302,243.52
    3.21 SPOT SPOTIFY TECHNOLOGY SA United States BFZ1K46 559.36 5,441 3,043,477.76
    3.16 CVNA CARVANA CO United States BYQHPG3 74.16 40,470 3,001,255.20
    3.15 BKNG BOOKING HOLDINGS INC United States BDRXDB4 199.60 14,988 2,991,604.80
    3.14 CMG CHIPOTLE MEXICAN GRILL INC United States B0X7DZ3 38.52 77,275 2,976,633.00
    3.06 SBUX STARBUCKS CORP United States 2842255 106.72 27,270 2,910,254.40
    3.04 AMZN AMAZON.COM INC United States 2000019 254.98 11,318 2,885,863.64
    3.02 DIS WALT DISNEY CO/THE United States 2270726 107.98 26,514 2,862,981.72
    2.97 UBER UBER TECHNOLOGIES INC United States BK6N347 76.45 36,843 2,816,647.35
    2.96 GOOGL ALPHABET INC-CL A United States BYVY8G0 337.12 8,338 2,810,906.56
    2.83 PYPL PAYPAL HOLDINGS INC United States BYW36M8 54.67 49,138 2,686,374.46
    2.80 VMRK VIVMARK RESIDENTIAL United States 2319157 64.91 41,015 2,662,283.65
    2.69 EBAY EBAY INC United States 2293819 106.70 23,916 2,551,837.20
    2.64 INTU INTUIT INC United States 2459020 342.94 7,321 2,510,663.74
    2.63 META META PLATFORMS INC United States B7TL820 592.85 4,216 2,499,455.60
    2.59 HD HOME DEPOT INC United States 2434209 316.18 7,777 2,458,931.86
    2.51 COST COSTCO WHOLESALE CORP United States 2701271 928.48 2,567 2,383,408.16
    2.50 XYZ BLOCK INC United States BYNZGK1 82.46 28,769 2,372,291.74
    2.42 NKE NIKE INC -CL B United States 2640147 38.24 60,139 2,299,715.36
    2.26 NFLX NETFLIX INC United States 2857817 82.73 25,930 2,145,188.90
    2.24 LOW LOWE'S COS INC United States 2536763 199.84 10,657 2,129,694.88
    2.20 TJX TJX COMPANIES INC United States 2989301 131.31 15,943 2,093,475.33
    2.03 EXPE EXPEDIA GROUP INC United States B748CK2 308.06 6,247 1,924,450.82
    1.56 FISV FISERV INC United States 2342034 51.98 28,537 1,483,353.26
    1.48 WSM WILLIAMS-SONOMA INC United States 2967589 221.72 6,346 1,407,035.12
    1.39 SN SHARKNINJA INC United States BRS7681 175.25 7,545 1,322,261.25
    1.28 SOFI SOFI TECHNOLOGIES INC United States BM8J4C2 17.84 68,068 1,214,333.12
    0.99 INVH INVITATION HOMES INC United States BD81GW9 28.84 32,497 937,213.48
    0.75 LULU LULULEMON ATHLETICA INC United States B23FN39 120.07 5,904 708,893.28
    0.70 CART MAPLEBEAR INC United States BN4L6W3 51.53 12,841 661,696.73
    0.68 UDR UDR INC United States 2727910 36.59 17,516 640,910.44
    0.61 CPT CAMDEN PROPERTY TRUST United States 2166320 105.54 5,509 581,419.86
    0.58 W WAYFAIR INC- CLASS A United States BQXZP64 94.54 5,817 549,939.18
    0.54 OMDA OMADA HEALTH INC United States BTNLPC9 23.31 22,079 514,661.49
    0.54 LTH LIFE TIME GROUP HOLDINGS INC United States BPH0546 43.49 11,840 514,921.60
    0.50 DKS DICK'S SPORTING GOODS INC United States 2969637 137.34 3,486 478,767.24
    0.49 KMX CARMAX INC United States 2983563 61.43 7,560 464,410.80
    0.46 GAP GAP INC/THE United States 2360326 22.06 19,883 438,618.98
    0.46 VSXY VICTORIA'S SECRET & CO United States BNNTGH3 84.81 5,166 438,128.46
    0.45 CELH CELSIUS HOLDINGS INC United States B19HX21 31.29 13,718 429,236.22
    0.45 SNAP SNAP INC - A United States BD8DJ71 5.59 76,567 428,009.53
    0.44 ETSY ETSY INC United States BWTN5N1 81.72 5,132 419,387.04
    0.42 SFM SPROUTS FARMERS MARKET INC United States BCGCR79 78.76 5,050 397,738.00
    0.40 HIMS HIMS & HERS HEALTH INC United States BN46048 28.68 13,391 384,053.88
    0.40 AN AUTONATION INC United States 2732635 205.84 1,851 381,009.84
    0.39 LYFT LYFT INC-A United States BJT1RW7 17.35 21,239 368,496.65
    0.38 URBN URBAN OUTFITTERS INC United States 2933438 78.75 4,568 359,730.00
    0.37 CARS CARS.COM INC United States BYXHTC0 11.99 29,042 348,213.58
    0.37 ANF ABERCROMBIE & FITCH CO-CL A United States 2004185 136.60 2,547 347,920.20
    0.36 GRND GRINDR INC United States BP4XXM2 15.67 22,076 345,930.92
    0.34 SLM SLM CORP United States 2101967 26.51 12,334 326,974.34
    0.33 SG SWEETGREEN INC - CLASS A United States BMQ89L5 6.73 47,158 317,373.34
    0.32 HAPN HAPPEN INC United States BK95GR4 17.36 17,750 308,140.00
    0.31 PTON PELOTON INTERACTIVE INC-A United States BJ7WJS2 5.33 55,828 297,563.24
    0.30 COUR COURSERA INC United States BNSNZL7 6.11 47,249 288,691.39
    0.30 LAUR LAUREATE EDUCATION INC United States BYMYT66 36.18 7,942 287,381.27
    0.30 IRT INDEPENDENCE REALTY TRUST IN United States BCRYTK1 16.32 17,305 282,417.60
    0.29 VFC VF CORP United States 2928683 13.22 20,878 276,007.16
    0.28 GHC GRAHAM HOLDINGS CO-CLASS B United States BGM1B98 1,113.13 243 270,490.59
    0.28 NGVC NATURAL GROCERS BY VITAMIN C United States B82C9Z7 27.00 9,912 267,624.00
    0.28 CARG CARGURUS INC United States BF5D6S8 34.63 7,692 266,373.96
    0.28 STRA STRATEGIC EDUCATION INC United States BGGJFV8 82.17 3,217 264,340.89
    0.27 CAR AVIS BUDGET GROUP INC United States B1CL8J2 137.84 1,889 260,379.76
    0.27 COLM COLUMBIA SPORTSWEAR CO United States 2229126 56.86 4,497 255,699.42
    0.27 NNI NELNET INC-CL A United States 2196190 127.26 1,984 252,483.84
    0.26 LRN STRIDE INC United States BLD5321 85.10 2,930 249,343.00
    0.26 PRDO PERDOCEO EDUCATION CORP United States BKRQQR9 33.09 7,407 245,097.63
    0.25 LOPE GRAND CANYON EDUCATION INC United States B3F1XM1 149.59 1,568 234,557.12
    0.24 CRI CARTER'S INC United States 2980939 32.41 7,177 232,606.57
    0.24 YELP YELP INC United States B7KCD72 22.42 10,347 231,979.74
    0.24 ZG ZILLOW GROUP INC - A United States BVYJBR3 35.44 6,516 230,927.04
    0.24 CSR CENTERSPACE United States BN47P80 52.78 4,251 224,367.78
    0.23 TRIP TRIPADVISOR INC United States B6ZC3N6 9.61 23,030 221,318.30
    0.23 PLNT PLANET FITNESS INC - CL A United States BYSFJV8 51.68 4,243 219,278.24
    0.23 UAA UNDER ARMOUR INC-CLASS A United States B0PZN11 5.15 42,194 217,299.10
    0.18 CPRI CAPRI HOLDINGS LTD United States BJ1N1M9 12.71 13,366 169,881.86
    0.16 UTI UNIVERSAL TECHNICAL INSTITUT United States 2002543 20.92 7,445 155,749.40
    0.06 CASH United States 1.00 58,366 58,366.44
    0.02 OTHER PAYABLE & RECEIVABLES United States 1.00 21,235 21,234.97
    Holdings are subject to change. "Cash" denotes U.S. dollars.

    Sector Breakdown As of 07/31/26

    Sector Weight (%)
    Consumer Discretionary 50.5
    Communication Services 18.6
    Information Technology 8.8
    Financials 7.5
    Real Estate 6.2
    Consumer Staples 3.9
    Industrials 3.7
    Health Care 0.9

    Source: AltaVista Research, LLC

    ETF Characteristics As of 09/01/26

    Return on Equity 17.50%
    Weighted Avg. Market Cap 458,887 M
    2025 2026
    Price-to-earnings 23.76 21.11
    Price-to-book value 4.00 3.45

    Source: AltaVista Research, LLC

    ETF Risk Stats As of 08/31/26

    Versus Beta
    S&P 500 0.92
    MSCI EAFE 0.58
    MSCI Emg. Mkts 0.22
    Standard Deviation 19.70%

    Source: AltaVista Research, LLC

    ETF Documents

    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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