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›ETF Providers›Global X›MILN
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MILN ETF · Global X Millennial Consumer ETF

The MILN Exchange Traded Fund (ETF) is provided by Global X. It is built to track an index: Indxx Millenials Thematic Index. The MILN ETF provides physical exposure, so by buying it you actually own parts of all the 79 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update 5/1/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofNew Consumers & Focus1M perf.+4.47%
Last price
$44.21
1M perf.
+8.73%
1M flows
+€179K
AuM
€84M
E/R
0.5%
Rating
ESG Consensus®
esg grade icon
MILN
$44.21

Performance & flows

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February 2, 2026 → May 1, 2026
0-15-10-50%MARAPRMAYMARAPRMAY
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MILN
$44.17
-4.04%
New Consumers & Focus
-7.77%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+8.73%
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-4.04%
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+1.72%
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+47.66%
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+7.44%
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+0.19%
+8.58%
-5.82%
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Flows

Key fund info

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This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
37954Y764
ISIN
US37954Y7647
AuM
€84M
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E/R
0.5%
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Replication rating
ESG Consensus®
esg grade icon
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More details
NAV
5/1/2026
$44.17
1D NAV change
+0.19%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
79
Inception date
5/4/2016
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
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.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

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Historical risk/return profile

3M1Y3Y5Y
Returns
-4.04%
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+1.72%
icon
+47.67%
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+7.44%
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Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
USA
96.85%
Luxembourg
2.67%
Other
0.39%
Sectors
Consumer Discretionary
46.49%
Communication Services
19.94%
Information Technology
11.90%
Real Estate
6.75%
Consumer Staples
4.56%
Industrials
4.15%
Financials
2.38%
Unavailable
3.54%
Other
0.29%
Diversification
Total weight of top 15 holdings out of 79
Top 15 holdings
Data as of March 31, 2026
ALPHABET INC-CL
APPLE
AMAZON.COM INC
AIRBNB
WALT DISNEY
LOWE'S COS INC
COSTCO WHOLESALE
STARBUCKS-T
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UBER TECHNOLOGIES INC
NETFLIX
META PLATFORMS
EBAY
BOOKING HOLDINGS
CARVANA CO
HOME DEPOT
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about MILN ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


MILN’s has a Final Sustainability Grade of either C+, C, C-, or D.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight Enterprise
Holdings review
62.08% of holdings have positive scoring
38.01% of holdings have negative scoring
8.78%
31.56%
21.74%
10.95%
16.50%
10.56%
Consensus levels
Strong
Medium
Weak
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
1-year trailing difference
As of April 30, 2026
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MILN
N/A
Replication quality
Calculated over 12m, as of April 30, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

Global X
Global X ID Card
Number of funds
493
Total AuM
€141.19B
Expense ratio range
0.02% - 2.06%
Average expense ratio
0.5786%

Frequently asked questions about MILN

What does Global X Millennial Consumer ETF, MILN, invest in?

MILN is a Passive ETF. This ETF provides exposure to US Equities.

Which benchmark or index does MILN replicate?

MILN tracks the Indxx Millenials Thematic Total Return Index - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of MILN?

MILN carries a total expense ratio (TER) of 0.5%, indicating the annual cost for holding the fund.

When was MILN launched?

MILN was introduced to the market on May 4, 2016. It trades on United States

Who is the ETF issuer of MILN?

Global X Millennial Consumer ETF, MILN, is provided by Global X. Learn more about Global X here.

What is the current assets under management (AUM) of MILN?

MILN oversees €84M in assets as of May 1, 2026.

How has MILN performed lately?

Based on data from May 1, 2026, MILN returned 8.73% over the past month, -4.04% over the last three months and -5.82% year-to-date.

What are the latest inflows or outflows for MILN?

As of May 1, 2026, MILN recorded net flows of +€169K over the last month and -€4.8M year-to-date.

Does MILN distribute dividends?

MILN follows a distributing dividend policy, meaning it pays out income to investors. As of May 1, 2026, its 12-month trailing yield was 0.27%.

What are the main country or region exposures of MILN?

As of March 31, 2026, MILN has significant geographic allocations in USA and Luxembourg.

In which sector or theme does MILN invest in?

As of March 31, 2026, MILN focuses largely on Consumer Discretionary, Communication Services and Information Technology.

How many securities does MILN hold and how diversified is it?

As of March 31, 2026, MILN holds 79 positions in its portfolio, with 50.33% of assets concentrated in its top 15 holdings.

What are the main positions in MILN?

As of March 31, 2026, MILN top three holdings include ALPHABET INC-CL, APPLE and AMAZON.COM INC.

What is the base currency of MILN?

The base currency of MILN is USD.

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