MILN


Millennial Consumer ETF

Reasons to Consider MILN

High Growth Potential

Millennials have surpassed Baby Boomers as the largest generation in the US.1 With most of their prime earning years ahead, companies that cater to Millennials should be well positioned for growth.

Invest in US Consumers

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

Unconstrained Approach

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

1Statista, Jun 2021
2FRED, Jan 2022

Key Information As of 03/01/24

Inception Date 05/04/16
Total Expense Ratio 0.50%
Net Assets $121.19 million
NAV $38.59

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 03/01/24

Ticker MILN
B3 Trading Code BMIL39
Bloomberg Index Ticker IMILN
CUSIP 37954Y764
ISIN US37954Y7647
Primary Exchange Nasdaq
Shares Outstanding 3,140,000
Number of Holdings 80
30-Day Median Bid-Ask Spread 0.25%

Distributions As of 03/01/24

30-Day SEC Yield 0.31%
Distribution Frequency Semi-Annually

ETF Prices As of 03/01/24

NAV $38.59 Daily Change $0.37 0.97%
Market Price $38.56 Daily Change $0.46 1.21%

Performance History

Cumulative Returns (as of 02/29/24)
1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
Return MILN 8.09% 19.57% 7.75% 32.64% 5.62% 163.48% 05/04/16
Returns (as of 02/29/24)
Return MILN Return Index
Since Inception 163.48% 173.32%
12 Months 28.51% 29.12%
24 Months 5.03% 5.98%
Last 60 Trading Days 14.51% 14.66%
Last 75 Trading Days 24.72% 24.93%
Monthly Returns (through 02/29/24)
Return MILN Return Index
Mar 2024 0.00% 0.00%
Feb 2024 8.09% 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%
Dec 2022 -7.87% -7.81%
Nov 2022 6.39% 6.45%
Oct 2022 4.02% 4.07%
Sep 2022 -9.54% -9.54%
Aug 2022 -2.89% -2.86%
Jul 2022 12.24% 12.32%
Jun 2022 -11.66% -11.65%
May 2022 -7.21% -7.16%
Apr 2022 -13.16% -13.17%
Mar 2022 0.56% 0.65%

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 03/01/24

Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
6.18 UBER UBER TECHNOLOGIES INC United States BK6N347 81.03 92,459 7,491,952.77
5.47 META META PLATFORMS INC United States B7TL820 502.30 13,192 6,626,341.60
4.29 NFLX NETFLIX INC United States 2857817 619.34 8,397 5,200,597.98
4.18 AMZN AMAZON.COM INC United States 2000019 178.22 28,387 5,059,131.14
3.75 CMG CHIPOTLE MEXICAN United States B0X7DZ3 2,688.78 1,692 4,549,415.76
3.62 INTU INTUIT INC United States 2459020 666.52 6,579 4,385,035.08
3.61 COST COSTCO WHOLESALE CORP United States 2701271 749.44 5,838 4,375,230.72
3.50 SPOT SPOTIFY TECHNOLOGY SA United States BFZ1K46 263.75 16,091 4,244,001.25
3.36 ABNB AIRBNB INC-CLASS A United States BMGYYH4 159.72 25,508 4,074,137.76
3.19 BKNG BOOKING HOLDINGS INC United States BDRXDB4 3,499.73 1,105 3,867,201.65
3.16 HD HOME DEPOT INC United States 2434209 384.45 9,949 3,824,893.05
3.12 FI FISERV INC United States 2342034 150.35 25,118 3,776,491.30
3.06 GOOGL ALPHABET INC-CL A United States BYVY8G0 137.14 27,057 3,710,596.98
3.02 LULU LULULEMON ATHLETICA INC United States B23FN39 458.50 7,977 3,657,454.50
2.94 SQ BLOCK INC United States BYNZGK1 79.25 45,021 3,567,914.25
2.91 LOW LOWE'S COS INC United States 2536763 244.69 14,427 3,530,142.63
2.66 DIS WALT DISNEY CO/THE United States 2270726 111.95 28,824 3,226,846.80
2.60 AAPL APPLE INC United States 2046251 179.66 17,556 3,154,110.96
2.12 CVNA CARVANA CO United States BYQHPG3 82.96 30,991 2,571,013.36
2.09 SBUX STARBUCKS CORP United States 2842255 93.16 27,165 2,530,691.40
1.93 NKE NIKE INC -CL B United States 2640147 101.88 22,988 2,342,017.44
1.92 PYPL PAYPAL HOLDINGS INC United States BYW36M8 60.54 38,484 2,329,821.36
1.77 EBAY EBAY INC United States 2293819 48.05 44,654 2,145,624.70
1.71 AVB AVALONBAY COMMUNITIES INC United States 2131179 178.14 11,646 2,074,618.44
1.58 EQR EQUITY RESIDENTIAL United States 2319157 60.74 31,490 1,912,702.60
1.46 SE SEA LTD-ADR United States BYWD7L4 51.05 34,587 1,765,666.35
1.45 INVH INVITATION HOMES INC United States BD81GW9 34.54 50,854 1,756,497.16
1.39 EXPE EXPEDIA GROUP INC United States B748CK2 136.84 12,297 1,682,721.48
1.02 SNAP SNAP INC - A United States BD8DJ71 11.25 110,385 1,241,831.25
0.86 KMX CARMAX INC United States 2983563 79.30 13,142 1,042,160.60
0.81 UDR UDR INC United States 2727910 35.94 27,380 984,037.20
0.77 DKS DICK'S SPORTING GOODS INC United States 2969637 181.24 5,162 935,560.88
0.70 CPT CAMDEN PROPERTY TRUST United States 2166320 95.80 8,877 850,416.60
0.69 MTCH MATCH GROUP INC United States BK80XH9 35.91 23,233 834,297.03
0.60 ETSY ETSY INC United States BWTN5N1 69.81 10,368 723,790.08
0.58 SKX SKECHERS USA INC-CL A United States 2428042 62.33 11,181 696,911.73
0.49 AN AUTONATION INC United States 2732635 151.98 3,891 591,354.18
0.45 SFM SPROUTS FARMERS United States BCGCR79 63.39 8,568 543,125.52
0.43 VFC VF CORP United States 2928683 16.24 32,326 524,974.24
0.42 LYFT LYFT INC-A United States BJT1RW7 16.35 30,730 502,435.50
0.41 W WAYFAIR INC- CLASS A United States BQXZP64 60.12 8,272 497,312.64
0.39 CPRI CAPRI HOLDINGS LTD United States BJ1N1M9 45.81 10,423 477,477.63
0.38 LRN STRIDE INC United States BLD5321 61.12 7,525 459,928.00
0.36 PLNT PLANET FITNESS INC - CL A United States BYSFJV8 62.22 7,059 439,210.98
0.36 SLM SLM CORP United States 2101967 20.70 21,107 436,914.90
0.35 TRIP TRIPADVISOR INC United States B6ZC3N6 27.16 15,751 427,797.16
0.35 COLM COLUMBIA SPORTSWEAR CO United States 2229126 81.20 5,173 420,047.60
0.34 COUR COURSERA INC United States BNSNZL7 15.93 25,817 411,264.81
0.33 VMEO VIMEO INC United States BNDYF15 5.01 80,579 403,700.79
0.32 ANGI ANGI INC United States BF4VWH4 2.92 134,930 393,995.60
0.31 HIMS HIMS & HERS HEALTH INC United States BN46048 13.12 28,814 378,039.68
0.31 PRDO PERDOCEO EDUCATION CORP United States BKRQQR9 17.53 21,305 373,476.65
0.30 CARG CARGURUS INC United States BF5D6S8 22.68 16,041 363,809.88
0.30 CAR AVIS BUDGET GROUP INC United States B1CL8J2 110.52 3,275 361,953.00
0.30 YELP YELP INC United States B7KCD72 38.43 9,410 361,626.30
0.30 ZG ZILLOW GROUP INC - A United States BVYJBR3 55.58 6,460 359,046.80
0.29 DBI DESIGNER BRAND-A United States BJ9J282 10.75 33,074 355,545.50
0.28 GHC GRAHAM HOLDING-B United States BGM1B98 700.15 486 340,272.90
0.28 STRA STRATEGIC EDUCATION INC United States BGGJFV8 108.65 3,071 333,664.15
0.27 CRI CARTER'S INC United States 2980939 80.40 4,114 330,765.60
0.27 LC LENDINGCLUB CORP United States BK95GR4 8.21 40,099 329,212.79
0.27 LAUR LAUREATE EDUCATION INC United States BYMYT66 13.50 24,266 327,591.00
0.25 PWSC POWERSCHOOL HLDG United States BMGTPK9 20.73 14,485 300,274.05
0.24 CSR CENTERSPACE United States BN47P80 56.00 5,232 292,992.00
0.24 IRT INDEPENDENCE REA United States BCRYTK1 15.42 18,538 285,855.96
0.23 UAA UNDER ARMOUR INC-CLASS A United States B0PZN11 8.89 31,723 282,017.47
0.22 NNI NELNET INC-CL A United States 2196190 85.50 3,182 272,061.00
0.22 CARS CARS.COM INC United States BYXHTC0 18.60 14,571 271,020.60
0.21 VSCO VICTORIA'S SECRET & CO United States BNNTGH3 28.44 8,854 251,807.76
0.19 LTH LIFE TIME GROUP United States BPH0546 13.52 16,629 224,824.08
0.18 ZIP ZIPRECRUITER INC-A United States BMGH6N3 12.68 16,711 211,895.48
0.16 ACCD ACCOLADE INC United States BMB3JJ3 9.96 19,447 193,692.12
0.14 PLCE CHILDREN'S PLACE INC/THE United States 2106791 18.87 9,198 173,566.26
0.14 IHRT IHEARTMEDIA INC - CLASS A United States BJVR9Y9 2.26 73,986 167,208.36
0.12 CHGG CHEGG INC United States BG6N6K6 9.04 16,059 145,173.36
0.12 GPRO GOPRO INC-CLASS A United States BMNQC35 2.37 60,679 143,809.23
0.12 AMWL AMERICAN WELL -A United States BN0SDK5 1.06 131,867 139,779.02
0.11 PTON PELOTON INTERACTIVE INC-A United States BJ7WJS2 4.60 28,526 131,219.60
0.10 MED MEDIFAST INC United States 2934033 40.44 2,945 119,095.80
0.08 CASH United States 1.00 98,890 98,890.18
0.02 TWOU 2U INC United States BKWBZZ0 0.43 51,006 22,100.90
-0.02 OTHER PAYABLE & RECEIVABLES United States 1.00 -26,654 -26,653.78
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 01/31/24

Sector Weight (%)
Consumer Discretionary 41.5
Communication Services 24.4
Information Technology 9.5
Real Estate 7.3
Industrials 6.3
Financials 6.2
Consumer Staples 4.1
Health Care 0.6
Other/Cash 0.1

Source: AltaVista Research, LLC

ETF Characteristics As of 02/29/24

Return on Equity 18.40%
Weighted Avg. Market Cap 362,453 M
2023 2024
Price-to-earnings 37.83 26.03
Price-to-book value 5.18 4.45

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/24

Versus Beta
S&P 500 1.27
MSCI EAFE 1.23
MSCI Emg. Mkts 0.97
Standard Deviation 24.40%

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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