# Millennial consumer ETF: what it holds

> ETFIQ covers one millennial consumer ETF, MILN ($89m); its fee is 0.50%, as of Oct 12, 2026. Measured by holdings, not by name.

Data as of Nov 4, 2026. Rebuilt every trading night.

Data as of Nov 4, 2026 .

## Millennial consumer ETF: what it holds

See the millennial consumer ETF by what it holds, not by its name. Funds that hold the companies younger consumers spend with: online brands, experiences and the platforms they live on. 1 fund, largest first. Updated Nov 4, 2026. It carries 74% of its weight in S&P 500 stocks, the 2nd most of the 54 themes with holdings on file.

1 US listed millennial consumer ETF

$89m Net assets

0.50% Fee, a year

+0.9% Total return, one year

### 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 |
| --- | --- |
| DOORDASH, INC. | 4.2% |
| AIRBNB, INC. | 3.9% |
| SEA LIMITED | 3.7% |
| APPLE INC. | 3.4% |
| BOOKING HOLDINGS INC. | 3.1% |
| CARVANA CO. | 3.1% |
| SPOTIFY TECHNOLOGY S.A. | 3.1% |
| AMAZON.COM, INC. | 3.1% |
| CHIPOTLE MEXICAN GRILL, INC. | 3.1% |
| STARBUCKS CORPORATION | 3.0% |

Each row counts the ten largest holdings of each fund, so a fund missing from a row may still hold that company lower down. Weights are of the funds that name it, not of the theme.

### The millennial consumer ETF

ETFIQ covers one millennial consumer ETF, MILN ( $89m ); its fee is 0.50% , as of Oct 12, 2026 .

- MILN Global X Millennial Consumer ETF $89m 0.50%

| Ticker | Fund | Issuer | Net assets | In the S&P 500 | Active share | Total return 1Y | vs its benchmark 1Y | Fee |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| MILN | Global X Millennial Consumer ETF | Global X | $89m | 74.4% | 84.7% | +0.9% | not measured | 0.50% |

### Questions people ask

How many millennial consumer ETFs are there? One, MILN , Global X Millennial Consumer ETF, as of Nov 4, 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 Oct 12, 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 by its prospectus filed Mar 27, 2026. 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, by holdings dated Aug 31, 2026, most widely DOORDASH, INC., which is among the ten largest of 1 of them.

### What the issuers say about this theme

The issuers behind these millennial consumer funds publish their own work on this theme. These are their pages and words, not ETFIQ’s. A fund company writing about a theme it sells is making a case.

| Issuer | What they publish | Kind |
| --- | --- | --- |
| Global X | Global X Insights, including The Next Big Theme | Their research index |

### Where to next

### Sources

Links are sources, not endorsements.

ETFIQ is an independent publisher and makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Millennial consumer ETF: what it holds, data as of Nov 4, 2026. https://etfiq.com/themes/millennial
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/themes/millennial