Global X Millennial Consumer ETF

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Key stats

Assets under management (AUM)
104.725MUSD
Fund flows (1Y)
−14.436MUSD
Dividends Yield (FY)
0.20%
Discount/Premium to NAV
0.1%

About Global X Millennial Consumer ETF

Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Expense ratio
0.50%
Inception date
May 4, 2016
Index tracked
Indxx Millennials Thematic Index
Management style
Passive
ISIN
US37954Y7647
MILN invests in companies that are determined to have significant exposure with the millennial generation's spending habits. The index uses a proprietary fundamental research process to determine which spending categories are relevant to millennials. These categories include clothing, entertainment, travel, food, education, financial services, housing, and health. The portfolio will have a maximum of 15 stocks, a minimum of five are selected for each spending category. US companies with relevant exposure to these categories are scored by the level of their exposure. Firms determined to have significant exposure to the stated spending categories are then scored by a proprietary scale that determines which companies have a higher focus on millennials. These selected companies are weighted by market cap, with a maximum of 3% and a minimum of .3% for any given holding. The index undergoes annual reconstitution and rebalance.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Millennials
Strategy
Fundamental
Weighting scheme
Market cap
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of November 24, 2023
Exposure type
StocksBonds, Cash & Other
Technology Services
Retail Trade
Consumer Services
Finance
Stocks99.90%
Technology Services26.54%
Retail Trade25.16%
Consumer Services19.96%
Finance12.01%
Transportation5.30%
Consumer Non-Durables4.16%
Electronic Technology3.25%
Commercial Services3.10%
Health Services0.22%
Consumer Durables0.21%
Bonds, Cash & Other0.10%
Cash0.10%
Stock breakdown by region
100%
North America100%
Latin America0%
Europe0%
Asia0%
Africa0%
Middle East0%
Oceania0%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows