MILN - ETF AI Analysis

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Global X Millennial Consumer ETF (MILN)

Rating:70Outperform

Price Target:―

MILN, the Global X Millennial Consumer ETF, earns a solid rating thanks to large positions in high-quality, growth-focused companies like Alphabet, Apple, and Amazon, which benefit from strong financial performance and strategic investments in areas such as AI, cloud, and services. The fund’s score is held back somewhat by holdings like Carvana and Booking Holdings, where high valuations, leverage, and cash flow or profitability challenges introduce more risk. Overall, investors should note that many top holdings share similar risks around premium valuations and mixed technical signals, which can increase volatility even as growth prospects remain attractive.

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)

AUM115.49M

RegionNorth America

Expense Ratio0.50%

Beta1.06

IssuerGlobal X

Inception DateMay 04, 2016

Dividend Yield0.24%

Asset ClassEquity

Index TrackedIndxx Millennials Thematic Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume9,567

30 Day Avg. Volume6,591

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

56.25

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering79

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 riding the wave of millennial-driven consumption trends, with tech giants like Alphabet and Apple providing steady support thanks to their innovation in AI and services. Carvana has been a standout performer, surging ahead on bullish momentum, while DoorDash and Airbnb are showing mixed signals, balancing growth potential with valuation concerns. On the downside, Nike is dragging the fund with lagging performance amid cost pressures and regional challenges. The ETF leans heavily into consumer cyclical and communication services, reflecting its focus on millennial spending habits in the U.S. market.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
GOOGL	Alphabet Class A	5.34%	$6.06M	$3.97T	69.46%	85 Outperform
CVNA	Carvana Co	3.66%	$4.16M	$96.28B	129.24%	66 Neutral
AAPL	Apple	3.62%	$4.11M	$3.83T	9.37%	79 Outperform
AMZN	Amazon	3.39%	$3.85M	$2.63T	12.49%	71 Outperform
DASH	DoorDash	3.34%	$3.79M	$96.59B	31.73%	76 Outperform
DIS	Walt Disney	3.31%	$3.76M	$206.88B	5.08%	75 Outperform
UBER	Uber Technologies	3.18%	$3.61M	$182.00B	32.77%	74 Outperform
SE	Sea	3.16%	$3.59M	$79.42B	23.88%	69 Neutral
BKNG	Booking Holdings	3.14%	$3.56M	$177.03B	14.88%	63 Neutral
ABNB	Airbnb	3.11%	$3.53M	$85.35B	6.96%	71 Outperform

MILN Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

46.71

Positive

100DMA

48.07

Positive

200DMA

47.01

Positive

Market Momentum

MACD

0.31

Negative

RSI

64.59

Neutral

STOCH

88.36

Negative

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 47.25, equal to the 50-day MA of 46.71, and equal to the 200-day MA of 47.01, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 64.59 is Neutral, neither overbought nor oversold. The STOCH value of 88.36 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MILN.

MILN Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
MILN	―	―	$115.49M	0.50%	―
PWRD	―	―	$970.78M	0.75%	―
PNQI	―	―	$772.95M	0.60%	―
SIXG	―	―	$681.09M	0.30%	―
IYZ	―	―	$673.51M	0.38%	―
FEPI	―	―	$605.56M	0.65%	―

Performance Comparison

MILN

Global X Millennial Consumer ETF

48.32

3.75

8.41%

PWRD

Tcw Transform Systems Etf

―

PNQI

Invesco NASDAQ Internet ETF

―

SIXG

Defiance Connective Technologies Etf

―

IYZ

iShares U.S. Telecommunications ETF

―

FEPI

REX FANG & Innovation Equity Premium Income 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.

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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