MILN vs. VGT

Last updated Jun 24, 2026

MILN (Global X Millennial Consumer ETF) and VGT (Vanguard Information Technology ETF) are both exchange-traded funds - MILN is a Large Cap Growth Equities fund tracking the Indxx Millennials Thematic Index, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past 10 years, MILN returned 11.48%/yr vs 25.49%/yr for VGT. A 0.78 correlation means they provide meaningful diversification when combined. MILN charges 0.50%/yr vs 0.09%/yr for VGT.

Performance

MILN vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Millennial Consumer ETF (MILN) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MILN achieves a -9.43% return, which is significantly lower than VGT's 23.32% return. Over the past 10 years, MILN has underperformed VGT with an annualized return of 11.48%, while VGT has yielded a comparatively higher 25.49% annualized return.

MILN

• 1D: 0.22%
• 1M: -1.49%
• YTD: -9.43%
• 6M: -9.60%
• 1Y: -9.15%
• 3Y*: 11.27%
• 5Y*: 0.03%
• 10Y*: 11.48%

VGT

• 1D: -3.68%
• 1M: 0.28%
• YTD: 23.32%
• 6M: 21.50%
• 1Y: 46.82%
• 3Y*: 30.13%
• 5Y*: 19.51%
• 10Y*: 25.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MILN vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MILN Global X Millennial Consumer ETF	-9.43%	4.63%	27.11%	36.27%	-38.55%	13.99%	44.77%	32.24%	2.57%	24.48%
VGT Vanguard Information Technology ETF	23.32%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%

Correlation

The correlation between MILN and VGT is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.78
Correlation (All Time) Calculated using the full available price history since May 6, 2016	0.78

Over the past year, the correlation between MILN and VGT has dropped to 0.50 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

MILN vs. VGT - Sectors Allocation Comparison

Sectors	MILN	VGT
Consumer Cyclical	51.5%	0.1%
Communication Services	16.3%	0.5%
Technology	13.9%	98.5%
Consumer Defensive	6.3%	-
Real Estate	6.0%	-
Financial Services	4.8%	0.5%
Healthcare	0.8%	0.0%
Industrials	0.4%	0.4%
Basic Materials	-	0.0%
Energy	-	0.3%
Utilities	-	-

Return for Risk

MILN vs. VGT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MILN

MILN Risk / Return Rank: 5
MILN Sharpe Ratio Rank: 5
MILN Sortino Ratio Rank: 5
MILN Omega Ratio Rank: 4
MILN Calmar Ratio Rank: 6
MILN Martin Ratio Rank: 5

VGT

VGT Risk / Return Rank: 58
VGT Sharpe Ratio Rank: 65
VGT Sortino Ratio Rank: 56
VGT Omega Ratio Rank: 58
VGT Calmar Ratio Rank: 60
VGT Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MILN vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Millennial Consumer ETF (MILN) and Vanguard Information Technology ETF (VGT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MILN	VGT	Difference
Sharpe ratio: Return per unit of total volatility	-0.53	2.07	-2.60
Sortino ratio: Return per unit of downside risk	-0.62	2.61	-3.23
Omega ratio: Gain probability vs. loss probability	0.93	1.35	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.41	2.87	-3.28
Martin ratio: Return relative to average drawdown	-0.87	8.76	-9.64

MILN vs. VGT - Sharpe Ratio Comparison

The current MILN Sharpe Ratio is -0.53, which is lower than the VGT Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of MILN and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MILN vs. VGT - Drawdown Comparison

The maximum MILN drawdown since its inception was -44.40%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for MILN and VGT.

Drawdown Indicators

	MILN	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-44.40%	-54.63%	+10.23%
Max Drawdown (1Y) Largest decline over 1 year	-22.32%	-16.40%	-5.92%
Max Drawdown (3Y) Largest decline over 3 years	-23.48%	-27.23%	+3.75%
Max Drawdown (5Y) Largest decline over 5 years	-44.40%	-35.07%	-9.33%
Max Drawdown (10Y) Largest decline over 10 years	-44.40%	-35.07%	-9.33%
Current Drawdown Current decline from peak	-16.02%	-7.71%	-8.31%
Average Drawdown Average peak-to-trough decline	-10.69%	-7.95%	-2.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.49%	5.36%	+5.13%

Volatility

MILN vs. VGT - Volatility Comparison

The current volatility for Global X Millennial Consumer ETF (MILN) is 5.63%, while Vanguard Information Technology ETF (VGT) has a volatility of 11.39%. This indicates that MILN experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MILN	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.63%	11.39%	-5.76%
Volatility (6M) Calculated over the trailing 6-month period	13.62%	18.58%	-4.96%
Volatility (1Y) Calculated over the trailing 1-year period	17.42%	22.72%	-5.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.71%	25.55%	-2.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.04%	24.77%	-2.73%

MILN vs. VGT - Expense Ratio Comparison

MILN has a 0.50% expense ratio, which is higher than VGT's 0.09% expense ratio.

Dividends

MILN vs. VGT - Dividend Comparison

MILN's dividend yield for the trailing twelve months is around 0.28%, less than VGT's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MILN Global X Millennial Consumer ETF	0.28%	0.25%	0.22%	0.33%	0.24%	0.15%	0.21%	0.43%	0.43%	0.89%	0.32%	0.00%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both MILN and VGT in my portfolio?

MILN and VGT have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MILN or VGT?

VGT has higher volatility (11.39%) compared to MILN (5.63%). In terms of maximum drawdown, MILN dropped -44.40% vs VGT's -54.63%.

Which ETF is better, MILN or VGT?

On 10-year performance, VGT leads with 25.49% vs 11.48% for MILN. On fees, VGT is cheaper at 0.09% per year. On volatility, MILN has been the lower-risk option at 5.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MILN or VGT?

Over the 10-year period, VGT has performed better with a 25.49% return vs 11.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MILN or VGT?

VGT is cheaper with a 0.09% expense ratio, compared with 0.50% for MILN.

Which ETF pays a higher dividend yield, MILN or VGT?

VGT has the higher dividend yield at 0.33%, compared with 0.28% for MILN.

What is the main difference between MILN and VGT?

MILN is categorized as Large Cap Growth Equities, while VGT is Technology Equities. MILN tracks Indxx Millennials Thematic Index, while VGT tracks MSCI USA IMI Information Technology 25/50 Index. They also come from different issuers: Global X and Vanguard. Their fees differ too: 0.50% for MILN and 0.09% for VGT.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (2.07 vs -0.53), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.