Millennial Consumer ETF (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 Aug 20 2026

Inception Date

05/04/16

Total Expense Ratio

0.50%

Net Assets

$96.34 million

NAV

$46.32

Fact Sheet

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 Aug 19 2026

Ticker

MILN

Bloomberg Index Ticker

IMILN

CUSIP

37954Y764

ISIN

US37954Y7647

Primary Exchange

Nasdaq

Shares Outstanding

2,080,000

Number of Holdings

30-Day Median Bid-Ask Spread

0.26%

Distributions

ETF Prices

As of Aug 20 2026

NAV	$46.32	Daily Change	-$0.30	-0.64%
Market Price	$46.36	Daily Change	-$0.28	-0.60%

Performance History

	Fund NAV	Market Price	Index

Top Holdings

As of Aug 20 2026

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
3.97	DASH	DOORDASH INC - A	BN13P03	222.36	17,197	3,823,924.92
3.95	ABNB	AIRBNB INC-CLASS A	BMGYYH4	185.00	20,582	3,807,670.00
3.79	SE	SEA LTD-ADR	BYWD7L4	117.24	31,117	3,648,157.08
3.30	AAPL	APPLE INC	2046251	311.30	10,211	3,178,684.30
3.28	BKNG	BOOKING HOLDINGS INC	BDRXDB4	209.87	15,060	3,160,642.20
3.19	PYPL	PAYPAL HOLDINGS INC	BYW36M8	62.30	49,375	3,076,062.50
3.07	AMZN	AMAZON.COM INC	2000019	260.11	11,373	2,958,231.03
3.03	SPOT	SPOTIFY TECHNOLOGY SA	BFZ1K46	533.13	5,467	2,914,621.71
3.02	CVNA	CARVANA CO	BYQHPG3	71.52	40,665	2,908,360.80
3.02	UBER	UBER TECHNOLOGIES INC	BK6N347	78.55	37,021	2,907,999.55

Top Holdings

Net Assets (%)	Ticker	Name	SEDOL	Shares Held	Market Value

Exposure

ETF Characteristics

As of Aug 19 2026

Return on Equity	17.50%
Weighted Avg. Market Cap	453,080 M
	2025	2026
Price-to-earnings	24.42	21.69
Price-to-book value	4.11	3.54

ETF Risk Stats

As of Jul 31 2026

VERSUS	BETA
S&P 500	0.95
NASDAQ-100	0.48
MSCI EAFE	0.59
MSCI Emg. Mkts	0.25
Standard Deviation	19.70%

ETF Documents

Insights

MILN

Morningstar Rating™ - Overall rating out of 967 Large Growth funds, based on risk-adjusted returns as of 07/31/2026

Reasons to Consider MILN

High Growth Potential

Invest in U.S. Consumers

Unconstrained Approach

Key Information

ETF Summary

ETF Objective

Trading Details

ETF Prices

Performance History

Top Holdings

Top Holdings

ETF Characteristics

ETF Risk Stats

ETF Documents

Reasons to Consider MILN

High Growth Potential

Invest in U.S. Consumers

Unconstrained Approach

Top Holdings