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MILN - ETF AI Analysis
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Global X Millennial Consumer ETF (MILN)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as DoorDash, Sea, and Uber, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Focused Sector Exposure
The ETF's heavy allocation to Consumer Cyclical and Communication Services sectors aligns well with millennial spending trends, offering targeted growth potential.
Reasonable Expense Ratio
The fund's expense ratio is competitive for a thematic ETF, helping investors retain more of their returns.
Negative Factors
High Geographic Concentration
With nearly all assets invested in U.S. companies, the ETF lacks diversification across global markets.
Underperforming Holdings
Some top holdings, such as Nike and Walt Disney, have struggled with weak year-to-date performance, dragging on the fund's overall momentum.
Sector Overweight Risk
The ETF's heavy reliance on Consumer Cyclical stocks creates vulnerability to downturns in discretionary spending.
MILN vs. SPDR S&P 500 ETF (SPY)
AUM108.52M
RegionNorth America
Expense Ratio0.50%
Beta1.07
IssuerGlobal X
Inception DateMay 04, 2016
Dividend Yield0.22%
Asset ClassEquity
Index TrackedIndxx Millennials Thematic Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,391
30 Day Avg. Volume9,844
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
56.64Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering80
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MILN Summary
The Global X Millennial Consumer ETF (MILN) is an investment fund that focuses on companies benefiting from the spending habits of millennials, the largest adult generation today. It includes businesses across sectors like technology, consumer goods, and health, with top holdings such as Apple and Netflix. This ETF tracks the Indxx Millennials Thematic Index, making it a great option for investors looking to tap into long-term growth driven by millennial preferences for digital platforms and experiences. However, new investors should note that the ETF’s performance can be heavily influenced by trends in consumer spending and technology, which may fluctuate with market conditions.
How much will it cost me?The Global X Millennial Consumer ETF (MILN) has an expense ratio of 0.50%, meaning you’ll pay $5 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed to focus on a specific theme, targeting companies that benefit from millennial consumption trends.
What would affect this ETF?The Global X Millennial Consumer ETF (MILN) could benefit from the growing purchasing power of millennials, especially as they continue to drive demand for technology, digital services, and sustainable brands. However, economic challenges like rising interest rates or a slowdown in consumer spending could negatively impact sectors such as consumer cyclical and technology, which make up a significant portion of the ETF’s holdings. Regulatory changes or shifts in millennial preferences could also influence the performance of top holdings like Alphabet, Apple, and Meta Platforms.
MILN Top 10 Holdings
The Global X Millennial Consumer ETF (MILN) is leaning heavily on millennial-driven consumption trends, with a strong focus on consumer cyclical and tech-heavy names. Alphabet and Apple are steady performers, buoyed by their innovation in AI and services, respectively, helping to anchor the fund. However, laggards like Disney and Nike are dragging performance, with bearish momentum and challenges in revenue growth weighing on their outlook. The fund’s U.S.-centric exposure and thematic tilt toward millennial preferences make it a concentrated bet on evolving consumer habits, though mixed results from key holdings highlight some near-term headwinds.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 5.63% | $5.98M | $3.86T | 89.06% | 80 Outperform | |
| Apple | 4.09% | $4.35M | $4.10T | 18.14% | 80 Outperform | |
| Amazon | 3.39% | $3.60M | $2.45T | 11.38% | 71 Outperform | |
| Sea | 3.30% | $3.51M | $79.48B | 16.03% | 69 Neutral | |
| Uber Technologies | 3.29% | $3.49M | $177.99B | 19.60% | 74 Outperform | |
| Walt Disney | 3.19% | $3.39M | $184.65B | -12.05% | 76 Outperform | |
| Netflix | 3.14% | $3.34M | $449.75B | 20.98% | 69 Neutral | |
| Meta Platforms | 3.07% | $3.26M | $1.60T | 11.32% | 71 Outperform | |
| Intuit | 3.07% | $3.26M | $175.15B | -1.11% | 73 Outperform | |
| Booking Holdings | 2.99% | $3.18M | $158.33B | -5.96% | 63 Neutral |
MILN Technical Analysis
Neutral
―
Price Trends
47.98
Negative
48.60
Negative
46.90
Negative
Market Momentum
-0.78
Negative
47.93
Neutral
66.42
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MILN, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 46.03, equal to the 50-day MA of 47.98, and equal to the 200-day MA of 46.90, indicating a neutral trend. The MACD of -0.78 indicates Negative momentum. The RSI at 47.93 is Neutral, neither overbought nor oversold. The STOCH value of 66.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MILN.
MILN Peer Comparison
Comparison Results
Performance Comparison
MILN
Global X Millennial Consumer ETF
46.25
-0.61
-1.30%
PWRD
Tcw Transform Systems Etf
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PNQI
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SIXG
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IYZ
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FEPI
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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