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MILN - ETF AI Analysis
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Global X Millennial Consumer ETF (MILN)
Rating:70Outperform
Price Target:―
Positive Factors
Recognizable Consumer Brands
The ETF holds many well-known companies that are central to millennial spending habits, which can help support long-term demand for its holdings.
Exposure to Growth-Oriented Sectors
A large tilt toward consumer cyclical, communication services, and technology stocks gives the fund access to areas of the market with higher growth potential.
Strong Performance from Select Top Holdings
Some of the larger positions, such as Alphabet, Carvana, Uber, and Lowe’s, have shown strong or steady performance, helping offset weaker names in the portfolio.
Negative Factors
Recent Weak Overall Performance
The ETF has delivered negative returns over the past month, three months, and year to date, signaling recent performance headwinds.
High Concentration in Consumer Cyclical Stocks
Nearly half of the portfolio is in consumer cyclical companies, which can be more sensitive to economic slowdowns and changes in consumer spending.
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of going to investors.
MILN vs. SPDR S&P 500 ETF (SPY)
AUM100.09M
RegionNorth America
Expense Ratio0.50%
Beta1.08
IssuerGlobal X
Inception DateMay 04, 2016
Dividend Yield0.27%
Asset ClassEquity
Index TrackedIndxx Millennials Thematic Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume17,133
30 Day Avg. Volume10,519
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
55.41Price 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) follows the Indxx Millennials Thematic Index and focuses on companies that benefit from millennial spending habits. It holds well-known names like Apple and Amazon, along with firms in online shopping, travel, food delivery, and digital services that match younger adults’ lifestyles and preferences. An investor might consider MILN for growth potential tied to long-term changes in how millennials spend money and live. However, this ETF is concentrated in consumer and tech-related businesses, so its price can rise and fall sharply with trends in these sectors and the overall stock market.
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 is essentially a bet on the millennial wallet, with a heavy tilt toward U.S. consumer and digital platforms. Alphabet and Amazon are steady engines, quietly helping the fund thanks to their resilient, tech-driven growth. Carvana and Lowe’s are more like the surprise overachievers, rising and adding extra spark to returns. On the flip side, Apple looks like it’s losing steam, while DoorDash, Airbnb, and Booking have been lagging, leaving the travel-and-experiences side of the theme more of a headwind than a help.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 5.66% | $5.68M | $3.66T | 63.72% | 85 Outperform | |
| Apple | 4.15% | $4.17M | $3.87T | 7.96% | 79 Outperform | |
| Lowe's | 3.60% | $3.62M | $157.72B | 14.37% | 69 Neutral | |
| Walt Disney | 3.50% | $3.51M | $186.79B | -3.82% | 75 Outperform | |
| Meta Platforms | 3.39% | $3.41M | $1.62T | -8.60% | 76 Outperform | |
| Nike | 3.30% | $3.31M | $95.96B | -14.63% | 61 Neutral | |
| Starbucks | 3.24% | $3.26M | $108.68B | -14.87% | 56 Neutral | |
| Carvana Co | 3.22% | $3.24M | $76.34B | 28.28% | 66 Neutral | |
| Amazon | 3.19% | $3.21M | $2.16T | -9.64% | 71 Outperform | |
| Airbnb | 3.19% | $3.20M | $75.62B | -21.34% | 71 Outperform |
MILN Technical Analysis
Negative
―
Price Trends
46.36
Negative
46.94
Negative
47.52
Negative
Market Momentum
-1.19
Positive
34.69
Neutral
20.96
Neutral
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 44.95, equal to the 50-day MA of 46.36, and equal to the 200-day MA of 47.52, indicating a bearish trend. The MACD of -1.19 indicates Positive momentum. The RSI at 34.69 is Neutral, neither overbought nor oversold. The STOCH value of 20.96 is Neutral, 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
42.61
-6.12
-12.56%
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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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