Global X Millennials Consumer ETF targets U.S.-listed companies catering to millennials, focusing on key spending categories. MILN is heavily weighted in consumer discretionary and has a good aggregate cash flow growth rate. MILN looks sounder than some thematic ETFs, but its average performance and high volatility make it uncompelling.
![]() MILN In 2 weeks Estimated | Other | $0.09 Per Share |
![]() MILN 5 months ago Paid | Other | $0.09 Per Share |
![]() MILN 11 months ago Paid | Other | $0.02 Per Share |
![]() MILN 28 Dec 2023 Paid | Other | $0.11 Per Share |
![]() MILN 29 Jun 2023 Paid | Other | $0 Per Share |
![]() MILN 29 Dec 2022 Paid | Other | $0.06 Per Share |
![]() MILN In 2 weeks Estimated | Other | $0.09 Per Share |
![]() MILN 5 months ago Paid | Other | $0.09 Per Share |
![]() MILN 11 months ago Paid | Other | $0.02 Per Share |
![]() MILN 28 Dec 2023 Paid | Other | $0.11 Per Share |
![]() MILN 29 Jun 2023 Paid | Other | $0 Per Share |
![]() MILN 29 Dec 2022 Paid | Other | $0.06 Per Share |
NASDAQ (NMS) Exchange | US Country |
The investment fund is a unique financial vehicle tailored specifically for tapping into the dynamic market influenced by the millennial generation's consumption patterns. This fund dedicates over 80% of its total assets to tracking the performance of an underlying index composed of U.S. listed companies. These companies, identified as "Millennial Companies," play a significant role in shaping and being shaped by the spending and lifestyle trends of individuals born between 1980 and 2000. This demographic, known for its distinctive consumption preferences, offers a rich ground for investors looking to leverage the economic activities surrounding the millennial generation's habits and preferences. The fund, through its focused investment in the securities of the underlying index, seeks to provide investors with exposure to the promising sector of the market reflecting millennial-driven demand.
This product offers investors a focused investment opportunity into the index tracking U.S. listed companies that benefit from the consumption trends of the millennial generation. By dedicating more than 80% of its assets to securities within this index, the fund seeks to leverage the economic influence of a generation that has been shaping significant market trends over the past few decades. The sectors covered by these "Millennial Companies" span across various industries, potentially including technology, consumer goods, entertainment, and financial services, reflecting the diverse and evolving interests and values of the millennial demographic.