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MILN - AI Analysis
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Global X Millennial Consumer ETF (MILN)
Rating:71Outperform
Price Target:
$53.00
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)
AUM115.41M
RegionNorth America
Expense Ratio0.50%
Beta1.09
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. Volume6,171
30 Day Avg. Volume9,821
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
56.97Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering81
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) leans heavily into consumer cyclical and communication services, with tech giants like Alphabet and Apple providing steady support thanks to their strong financial performance and innovation in AI and global expansion. DoorDash is rising as it capitalizes on millennial-driven convenience trends, while Sea Limited shows mixed signals with growth tempered by competitive pressures. On the flip side, Nike and Spotify are lagging, with valuation concerns and weaker momentum holding them back. With a U.S.-centric focus, MILN captures the pulse of millennial spending but faces headwinds from select names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 4.50% | $5.20M | $3.41T | 64.50% | 80 Outperform | |
| DoorDash | 3.81% | $4.40M | $108.54B | 62.14% | 72 Outperform | |
| Apple | 3.71% | $4.28M | $4.03T | 20.14% | 80 Outperform | |
| Sea | 3.51% | $4.05M | $92.31B | 65.79% | 69 Neutral | |
| Meta Platforms | 3.49% | $4.03M | $1.67T | 17.42% | 71 Outperform | |
| Uber Technologies | 3.49% | $4.03M | $201.22B | 33.92% | 78 Outperform | |
| Walt Disney | 3.20% | $3.70M | $201.08B | 16.26% | 77 Outperform | |
| Amazon | 3.20% | $3.70M | $2.38T | 19.56% | 74 Outperform | |
| Spotify | 3.05% | $3.52M | $133.12B | 70.52% | 69 Neutral | |
| Netflix | 3.00% | $3.46M | $461.44B | 44.04% | 69 Neutral |
MILN Technical Analysis
Negative
―
Price Trends
49.42
Negative
48.93
Negative
47.04
Positive
Market Momentum
-0.37
Positive
36.74
Neutral
11.17
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MILN, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 48.66, equal to the 50-day MA of 49.42, and equal to the 200-day MA of 47.04, indicating a neutral trend. The MACD of -0.37 indicates Positive momentum. The RSI at 36.74 is Neutral, neither overbought nor oversold. The STOCH value of 11.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MILN.
MILN Peer Comparison
Comparison Results
Performance Comparison
MILN
Global X Millennial Consumer ETF
47.27
4.79
11.28%
PWRD
Tcw Transform Systems Etf
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PNQI
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SIXG
Defiance Connective Technologies Etf
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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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