Global X Millennial Consumer ETF (MILN)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Global X Millennial Consumer ETF (MILN) is down 9.8% since the beginning of the year. MILN is currently trading at $42 per share. Investors who bought $1,000 worth of MILN shares 5 years ago would now be looking at an investment worth $1,040.

Global X Millennial Consumer ETF (MILN) has returned -9.79% so far this year and -10.13% over the past 12 months. Over the last ten years, MILN has returned 11.28% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since May 6, 2016, MILN's average daily return is +0.05%, while the average monthly return is +1.06%. At this rate, an investment would double in approximately 5.5 years.

Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +18.0%, while the worst month was Mar 2020 at -17.7%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, MILN closed higher 54% of trading days. The best single day was Mar 24, 2020 with a return of +10.0%, while the worst single day was Mar 16, 2020 at -13.5%.

Global X Millennial Consumer ETF has an annualized alpha of -2.57%, beta of 1.08, and R2 of 0.79 versus S&P 500 Index. Calculated based on daily prices since May 09, 2016.

• This ETF participated in 116.81% of S&P 500 Index downside but only 105.23% of its upside - more exposed to losses than it benefited from rallies.
• This ETF had an annualized alpha of -2.57% versus S&P 500 Index - delivering less than market exposure alone would predict.
• With beta of 1.08 and R2 of 0.79, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

MILN has an expense ratio of 0.50%, placing it in the medium range.

MILN ranks 4 for risk / return — in the bottom 4% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for Global X Millennial Consumer ETF (MILN) and compare them to S&P 500 Index.

Global X Millennial Consumer ETF provided a 0.28% dividend yield over the last twelve months, with an annual payout of $0.12 per share.

The table displays the monthly dividend distributions for Global X Millennial Consumer ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Global X Millennial Consumer ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Global X Millennial Consumer ETF was 44.40%, occurring on Nov 9, 2022. Recovery took 503 trading sessions.

The current Global X Millennial Consumer ETF drawdown is 16.36%.

The chart below shows the rolling one-month volatility.