MILN vs. VOO
Compare and contrast key facts about Global X Millennial Consumer ETF (MILN) and Vanguard S&P 500 ETF (VOO).
MILN and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both MILN and VOO 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 VOO.
Key characteristics
| MILN | VOO | |
|---|---|---|
| YTD Return | 16.92% | 20.75% |
| 1Y Return | 36.82% | 33.60% |
| 3Y Return (Ann) | -1.60% | 11.14% |
| 5Y Return (Ann) | 10.89% | 15.64% |
| Sharpe Ratio | 2.00 | 2.47 |
| Daily Std Dev | 16.96% | 12.70% |
| Max Drawdown | -44.40% | -33.99% |
| Current Drawdown | -8.38% | -0.20% |
Correlation
The correlation between MILN and VOO 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. VOO - Performance Comparison
In the year-to-date period, MILN achieves a 16.92% return, which is significantly lower than VOO's 20.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MILN vs. VOO - Expense Ratio Comparison
MILN has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MILN vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Millennial Consumer ETF (MILN) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
MILN vs. VOO - Dividend Comparison
MILN's dividend yield for the trailing twelve months is around 0.31%, less than VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MILN Global X Millennial Consumer ETF | 0.31% | 0.33% | 0.24% | 0.15% | 0.21% | 0.43% | 0.43% | 0.89% | 0.32% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
MILN vs. VOO - Drawdown Comparison
The maximum MILN drawdown since its inception was -44.40%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MILN and VOO. For additional features, visit the drawdowns tool.
Volatility
MILN vs. VOO - Volatility Comparison
Global X Millennial Consumer ETF (MILN) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.14% and 4.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.