MILN
Global X Millennial Consumer ETF·NASDAQ
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Key Stats
Assets Under Management
106.58MUSD
Fund Flows (1Y)
-13.34MUSD
Dividend Yield
0.27%
Discount/Premium to NAV
-0.04%
Shares Outstanding
2.40M
Expense Ratio
0.50%
About Global X Millennial Consumer ETF
Issuer
Global X Management Company LLC
Brand
Global X
Inception Date
May 4, 2016
Structure
Open-Ended Fund
Index Tracked
Indxx Millennials Thematic Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Qualified dividends
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
MILN invests in companies that are determined to have significant exposure with the millennial generation's spending habits. The index uses a proprietary fundamental research process to determine which spending categories are relevant to millennials. These categories include clothing, entertainment, travel, food, education, financial services, housing, and health. The portfolio will have a maximum of 15 stocks, a minimum of five are selected for each spending category. US companies with relevant exposure to these categories are scored by the level of their exposure. Firms determined to have significant exposure to the stated spending categories are then scored by a proprietary scale that determines which companies have a higher focus on millennials. These selected companies are weighted by market cap, with a maximum of 3% and a minimum of .3% for any given holding. The index undergoes annual reconstitution and rebalance.
Classification
Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Consumer
Strategy
Fundamental
Geography
U.S.
Weighting Scheme
Market Cap
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -8.23% | -4.79% | -5.64% | -8.57% | +45.08% | +8.05% |
NAV Total Return | -9.39% | -4.29% | -6.68% | -9.73% | +44.13% | +10.55% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Consumer Cyclical
49.92%
Communication Services
19.39%
Technology
12.65%
Real Estate
6.37%
Consumer Defensive
6.12%
Financial Services
4.53%
Healthcare
0.52%
Industrials
0.51%
Consumer Cyclical
49.92%
Communication Services
19.39%
Technology
12.65%
Real Estate
6.37%
Consumer Defensive
6.12%
Financial Services
4.53%
Healthcare
0.52%
Industrials
0.51%
Asset
Region
96.75%
3.25%
Category
Ratio
North America
96.75%
Asia
3.25%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Large-Cap Growth
Focuses on large-cap companies with high growth potential. These ETFs invest in leading companies with strong expansion prospects.
Top 10 Holdings
Symbol
Ratio
GOOGL
Alphabet A
5.93%
AAPL
Apple
4.13%
AMZN
Amazon.com
3.52%
CVNA
Carvana
3.44%
META
Meta
3.38%
DIS
The Walt Disney
3.38%
LOW
Lowe's Companies
3.36%
SBUX
Starbucks
3.14%
NKE
NIKE
3.11%
DASH
Doordash
3.05%
Top 10 Weight 36.44%
81 Total Holdings
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Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-30 | 2025-12-30 | 2026-01-07 | 0.099 |
| 2025-06-27 | 2025-06-27 | 2025-07-07 | 0.018 |
| 2024-12-30 | 2024-12-30 | 2025-01-07 | 0.085 |
| 2024-06-27 | 2024-06-27 | 2024-07-05 | 0.016 |
| 2023-12-28 | 2023-12-29 | 2024-01-08 | 0.114 |
| 2023-06-29 | 2023-06-30 | 2023-07-10 | 0.004 |
| 2022-12-29 | 2022-12-30 | 2023-01-09 | 0.062 |
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Premium/Discount Chart
Assets Under Management
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Fund Flows
