MILN - ETF AI Analysis
Top Page
Global X Millennial Consumer ETF (MILN)
Rating:70Outperform
Price Target:―
Positive Factors
Strong Core Tech and Consumer Holdings
Several major positions like Apple, Amazon, Alphabet, Starbucks, and eBay have shown strong or steady performance, helping support the ETF’s overall results.
Focused Exposure to Millennial Consumer Themes
The fund concentrates on companies tied to millennial spending habits, giving investors targeted exposure to long-term consumer trends.
Sector Diversification Within Consumer-Driven Areas
Holdings spread across consumer cyclical, communication services, technology, real estate, and other sectors help reduce the impact of weakness in any single industry.
Negative Factors
Recent Weak Overall Performance
The ETF’s returns over the year to date and the last three months have been weak, showing that it has struggled in the current market environment.
Underperforming Top Holdings
Some key positions such as Sea, DoorDash, PayPal, and Meta have lagged, which can drag on the fund’s performance despite stronger names elsewhere.
High U.S. and Consumer Cyclical Concentration
With almost all assets in U.S. stocks and a heavy tilt toward consumer cyclical companies, the fund is sensitive to U.S. economic cycles and changes in discretionary spending.
MILN vs. SPDR S&P 500 ETF (SPY)
AUM98.40M
RegionNorth America
Expense Ratio0.50%
Beta1.09
IssuerGlobal X
Inception DateMay 04, 2016
Dividend Yield0.3%
Asset ClassEquity
Index TrackedIndxx Millennials Thematic Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,260
30 Day Avg. Volume7,947
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
53.59Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering81
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MILN Summary
The Global X Millennial Consumer ETF (MILN) tracks the Indxx Millennials Thematic Index and focuses on companies that benefit from how millennials spend their money. It mainly holds U.S. businesses in areas like online shopping, food delivery, travel, and digital services. Well-known holdings include Apple and Amazon, along with brands like Airbnb and Starbucks. An investor might choose MILN for growth potential tied to long-term changes in millennial spending habits and for diversification across many consumer and tech names. A key risk is that it’s heavily tied to consumer and technology trends, so its price can rise or fall sharply if these sectors struggle.
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
MILN leans heavily into the millennial lifestyle, with U.S.-focused names like Apple and Starbucks doing much of the heavy lifting as their shares keep rising and consumer demand stays resilient. eBay has quietly joined the winners’ circle, adding steady strength from the online resale trend. On the flip side, DoorDash and Booking Holdings have been dragging the fund, with their stocks lagging as investors worry about profitability and travel momentum. Sea and PayPal are more mixed, reflecting the push and pull between digital growth stories and market skepticism.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 3.78% | $3.63M | $4.89T | 57.40% | 79 Outperform | |
| Sea | 3.46% | $3.32M | $61.25B | -35.06% | 69 Neutral | |
| DoorDash | 3.31% | $3.17M | $75.34B | -25.19% | 76 Outperform | |
| Airbnb | 3.23% | $3.10M | $85.04B | 3.31% | 71 Outperform | |
| Starbucks | 3.15% | $3.02M | $117.67B | 10.65% | 56 Neutral | |
| PayPal Holdings | 3.08% | $2.96M | $49.53B | -28.32% | 76 Outperform | |
| Alphabet Class A | 2.98% | $2.86M | $3.91T | 69.57% | 85 Outperform | |
| Booking Holdings | 2.97% | $2.85M | $137.51B | -17.77% | 63 Neutral | |
| Amazon | 2.94% | $2.82M | $2.50T | -0.60% | 71 Outperform | |
| Spotify | 2.93% | $2.81M | $99.37B | -29.42% | 66 Neutral |
MILN Technical Analysis
Positive
―
Price Trends
43.56
Positive
43.10
Positive
44.64
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MILN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 44.53, equal to the 50-day MA of 43.56, and equal to the 200-day MA of 44.64, indicating a bullish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MILN.
MILN Peer Comparison
Comparison Results
Performance Comparison
MILN
Global X Millennial Consumer ETF
45.52
-2.67
-5.54%
RBLD
First Trust Alerian US NextGen Infrastructure ETF
―
―
―
CCSO
Carbon Collective Climate Solutions U.S. Equity ETF
―
―
―
XPND
First Trust Expanded Technology ETF
―
―
―
GENZ
Vaneck Digital Native Economy Etf
―
―
―
VICE
AdvisorShares Vice ETF
―
―
―
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.
DisclaimerThis 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: ―
Table of Contents