MILN ETF — Global X Millennials Consumer ETF

Global X Millennials Consumer ETF (MILN)

Updated October 16, 2026.

MILN is an ETF. its distribution rate is 0.18%, its trailing-12-month yield is 0.32%, its expense ratio is 0.50%. Dividend Vision Distribution Safety Score™ is 62/100 (Generally safe). Total return is 206.1% over the past 10.4 years, 132.8 points behind SPY at 338.9%.

Global X Millennials Consumer ETF is an equity fund that tracks an index of U.S.-listed companies positioned to benefit from millennial consumer spending patterns, holding more than 80% of its assets in index securities. The fund carries a low current distribution rate and makes distributions semi-annually, with an expense ratio of 0.50%. This fund appeals to investors seeking equity exposure to consumer-focused companies aligned with millennial demographic trends rather than traditional income-oriented portfolios.

MILN performance versus SPY

Price and return data through 2026-10-16.

Total return is 206.1% over the past 10.4 years, 132.8 points behind SPY at 338.9%. Over the past year its total return — price change plus distributions reinvested — is -8.1%. Its deepest 1-year drawdown was 20.5%.

MILN key facts

Distribution Safety Score™

62 · Generally safe

Safety-Adjusted Yield

0.11%

Issuer

Global X

Asset type

ETF

Asset class

Equity

Inception date

05/04/2016

Expense ratio

0.50%

Distribution rate

0.18%

Distribution frequency

Semi-Annual

Trailing yield

0.32%

Last close

$43.98 (as of 2026-10-16)

AUM

$90,826,394

Average volume

2845.0

Dividend

$0.03934

Ex-dividend date

06/29/2026

Payment date

07/02/2026

Beta

1.15

How Dividend Vision calculates yield and returns

Distribution rate (0.18%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.32%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Global X or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MILN risks and drawbacks

MILN's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 20.5%.

Who may consider MILN — and who may not

It is a weaker fit for investors who need monthly cash flow (MILN pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MILN

• All tickers starting with M

Frequently asked questions

More securities from Global X.