MILN vs. SPY
Compare and contrast key facts about Global X Millennial Consumer ETF (MILN) and SPDR S&P 500 ETF (SPY).
MILN and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MILN is a passively managed fund by Global X that tracks the performance of the Indxx Millennials Thematic Index. It was launched on May 4, 2016. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both MILN and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MILN or SPY.
Correlation
The correlation between MILN and SPY is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MILN vs. SPY - Performance Comparison
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Key characteristics
MILN:
0.72
SPY:
0.50
MILN:
1.12
SPY:
0.88
MILN:
1.16
SPY:
1.13
MILN:
0.69
SPY:
0.56
MILN:
2.41
SPY:
2.17
MILN:
6.69%
SPY:
4.85%
MILN:
22.04%
SPY:
20.02%
MILN:
-44.40%
SPY:
-55.19%
MILN:
-10.68%
SPY:
-7.65%
Returns By Period
In the year-to-date period, MILN achieves a -1.27% return, which is significantly higher than SPY's -3.42% return.
MILN
-1.27%
10.18%
-0.26%
16.71%
12.80%
N/A
SPY
-3.42%
7.58%
-5.06%
9.73%
15.77%
12.35%
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MILN vs. SPY - Expense Ratio Comparison
MILN has a 0.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
MILN vs. SPY — Risk-Adjusted Performance Rank
MILN
SPY
MILN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Millennial Consumer ETF (MILN) and SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
MILN vs. SPY - Dividend Comparison
MILN's dividend yield for the trailing twelve months is around 0.23%, less than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MILN Global X Millennial Consumer ETF | 0.23% | 0.22% | 0.33% | 0.24% | 0.15% | 0.21% | 0.43% | 0.43% | 0.89% | 0.32% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MILN vs. SPY - Drawdown Comparison
The maximum MILN drawdown since its inception was -44.40%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MILN and SPY. For additional features, visit the drawdowns tool.
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Volatility
MILN vs. SPY - Volatility Comparison
The current volatility for Global X Millennial Consumer ETF (MILN) is 6.70%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.48%. This indicates that MILN experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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