# MILN (Global X Millennial Consumer ETF)

Global X · Thematic ETFs · data as of Sep 18, 2026

MILN holds 82 stocks, and 34% of its weight is outside the S&P 500.

## Key facts

- MILN, already in the S&P 500: 65.7%, as of Sep 18, 2026.
- MILN, active share vs the S&P 500: 84.2%, as of Sep 18, 2026.
- MILN, top ten holdings: 33.7%, as of Sep 18, 2026.
- MILN, total return, 1 year: −14.6%, as of Sep 18, 2026.
- MILN, net assets: $89m (the issuer’s own daily fund list, as of Sep 18, 2026).
- MILN, expense ratio: 0.50% (485BPOS XBRL, Mar 27, 2026).

## MILN over each window to Sep 18, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −0.5% | +2.3% | −2.7 pts | +2.0 pts |
| 6 months | +6.2% | +18.0% | −11.8 pts | −18.0 pts |
| 1 year | −14.6% | +16.6% | −31.1 pts | −36.4 pts |
| 3 years | +38.3% | +78.4% | −40.1 pts | −59.9 pts |
| Since launch | +199.4% | +338.3% | −138.9 pts | −435.9 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Millennial and Gen Z consumers | ETFIQ, editorial |
| Launched | May 6, 2016 | ETFIQ |
| Already in the S&P 500, by weight | 65.7% | ETFIQ |
| Active share vs the S&P 500 | 84.2% | ETFIQ |
| Already in the Nasdaq-100, by weight | 33.1% | ETFIQ |
| Active share vs the Nasdaq-100 | 81.3% | ETFIQ |
| Top ten holdings weight | 33.7% | ETFIQ |
| Holdings | 82 | ETFIQ |
| Holdings published for | Sep 18, 2026 | the issuer’s daily file |
| Top holdings | APPLE INC 3.8%, AIRBNB INC-CLASS A 3.8%, DOORDASH INC - A 3.7%, SEA LTD-ADR 3.5%, ALPHABET INC-CL A 3.3%, AMAZON.COM INC 3.2%, META PLATFORMS INC 3.1%, SPOTIFY TECHNOLOGY SA 3.1%, WALT DISNEY CO/THE 3.1%, EBAY INC 3.0% | ETFIQ |
| Net assets | $89m | the issuer’s own daily fund list, as of Sep 18, 2026 |
| Below its all-time high | −14.9% | ETFIQ |
| Expense ratio | 0.50% | 485BPOS XBRL, Mar 27, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.59% | ETFIQ |
| Closest funds by holdings overlap | PNQI 40%, BUYZ 36%, IBUY 33%, ISHP 24%, FDN 24% | ETFIQ |

## Questions

### How much of MILN is in S&P 500 companies?

By its holdings published by its issuer for Sep 18, 2026, 66% of MILN by weight is stocks the S&P 500 already holds. Its active share against the index is 84%, so that share is the part doing something different.

### What does MILN hold?

82 positions as published by its issuer for Sep 18, 2026, with the top ten at 34% of the fund. The largest are APPLE INC at 3.8%, AIRBNB INC-CLASS A at 3.8%, DOORDASH INC - A at 3.7%.

### Has MILN beaten the S&P 500?

Over the year to Sep 18, 2026 MILN returned −14.6% with distributions reinvested, against +16.6% for the S&P 500, so it finished behind the index by 31.1 points.

### What does MILN cost?

The prospectus expense ratio is 0.50% a year. Because 84% of the fund differs from the S&P 500, the fee on that differing part works out at 0.59%.


## Cite this page

ETFIQ, MILN, data as of Sep 18, 2026. https://etfiq.com/funds/miln
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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