Data as of .
Millennial consumer ETF: what it holds
Funds that hold the companies younger consumers spend with: online brands, experiences and the platforms they live on. 1 fund, largest first, measured by holdings rather than by name. It carries 66% of its weight in S&P 500 names, which is the 3rd most of the 53 themes here with filed books.
The short answers
- How many there are
- 1 US listed millennial consumer ETF, as of Sep 18, 2026.
- Net assets
- MILN, Global X Millennial Consumer ETF, $89m.
- Fee
- MILN, Global X Millennial Consumer ETF, 0.50% a year.
- Total return, one year
- −14.6% to Sep 18, 2026.
What this fund actually owns
MILN is the only millennial and Gen Z consumers fund here with a filed book. Its ten largest holdings are below.
| Company | Weight in MILN |
|---|---|
| APPLE INC AAPL | 3.8% |
| AIRBNB INC-CLASS A ABNB | 3.8% |
| DOORDASH INC - A DASH | 3.7% |
| SEA LTD-ADR SE | 3.5% |
| ALPHABET INC-CL A GOOGL | 3.3% |
| AMAZON.COM INC AMZN | 3.2% |
| META PLATFORMS INC META | 3.1% |
| SPOTIFY TECHNOLOGY SA SPOT | 3.1% |
| WALT DISNEY CO/THE DIS | 3.1% |
| EBAY INC EBAY | 3.0% |
Each fund files its whole book and this counts the ten largest out of it, so a fund missing from a row may still hold that company below its own tenth position. Weights are of the funds that name it, never of the theme.
| Ticker | Fund | Issuer | Net assets | In the S&P 500 | Active share | Total return 1Y | vs S&P 500 | Fee |
|---|---|---|---|---|---|---|---|---|
| MILN | Global X Millennial Consumer ETF | Global X | $89m | 65.7% | 84.2% | −14.6% | −31.1 pts | 0.50% |
Questions people ask
- How many millennial consumer ETFs are there?
- One, MILN, Global X Millennial Consumer ETF, as of Sep 18, 2026. That is every one it can measure from the fund’s own published holdings.
- What is the largest millennial consumer ETF?
- MILN, Global X Millennial Consumer ETF is the only one, at $89m in net assets as of Sep 18, 2026.
- What is the cheapest millennial consumer ETF?
- MILN, Global X Millennial Consumer ETF is the only one, and it charges 0.50% a year.
- What do millennial consumer ETFs hold?
- Funds that hold the companies younger consumers spend with: online brands, experiences and the platforms they live on. Between them the 1 millennial consumer ETFs ETFIQ can read name 10 companies in their ten largest holdings, most widely APPLE INC, which is among the ten largest of 1 of them.
What the issuers say about this theme
The houses behind these millennial consumer funds publish their own work on the subject. These are their pages and their words, not ETFIQ’s, and a fund company writing about a theme it sells a fund on is making a case. Read them that way.
| Issuer | What they publish | Kind |
|---|---|---|
| Global X | Global X Insights, including The Next Big Theme | Their research index |
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
ETFIQ is an independent publisher and makes no recommendations; every figure is calculated from published data. Standards and sources
Cite this page. ETFIQ, Millennial consumer ETF: what it holds, data as of Sep 18, 2026. https://etfiq.com/themes/millennial Free to use with attribution; the underlying files are at Open data.