Global X Millennials Thematic ETF

$MILN · Global X · tracks Indxx Millennials Thematic Index · since 2016

Dividend yield

0.84%

Expense ratio

0.50%

Assets

$0.1B

Weighted P/E

22.6x

About MILN

Holds companies expected to benefit from millennial spending: e-commerce, streaming, gig economy, fintech, and experiences. MILN offers diversified consumer-thematic exposure.

Sector exposure

Consumer Discretionary38.6%
Communication Services22.4%
Technology18.8%
Financials11.4%
Other8.8%

How StockWorthy analyses MILN

ETFs hold companies rather than generating cash flow themselves, so MILN is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 0.80% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.