Global X Millennials Consumer ETF (MILN) Performance
MILN total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.8% since Dec 31, 2025
- 1 year
- −10.3% total return
- 5 years
- −0.2% a year
- 10 years
- +11.1% a year
- Since first price
- +11.2% a year since 2016
MILN trailing returns vs SPY, QQQ, AGG
| Period | MILN total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.6% | +2.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.0% | +2.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.3% | −1.4% | +7.8% | +8.4% | −1.5% |
| YTD | −6.8% | −6.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −10.3% | −10.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +49.3%+14.3%/yr | +48.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −1.1%−0.2%/yr | −2.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +186.9%+11.1%/yr | +176.8% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionMay 6, 2016 | +204.1%+11.2%/yr | +193.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MILN vs SPY
From May 6, 2016: MILN grew to $30,406, SPY to $43,703.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MILN returns by calendar year
8 of 9 full years positive. Best 2020 (+44.8%), worst 2022 (−38.6%). 2026 is year to date.
MILN annual returns table
| Year | MILN | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.8% | −18.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +4.6% | −23.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +27.1% | −8.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +36.3% | −16.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −38.6% | −40.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +14.0% | −10.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +44.8% | −37.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +32.2% | −7.6% | +31.2% | +39.0% | +8.5% |
| 2018 | +2.6% | −21.7% | −4.6% | −0.1% | +0.1% |
| 2017 | +24.5% | −3.9% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MILN largest drawdowns
Now 13.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 5, 2021 | −44.4% | Nov 9, 2022 | Nov 11, 2024 | 1.0 years | 3.0 years |
| Feb 20, 2020 | −37.4% | Mar 18, 2020 | Jun 8, 2020 | 27 days | 4 months |
| Feb 14, 2025 | −23.5% | Apr 8, 2025 | Aug 18, 2025 | 53 days | 6 months |
| Sep 19, 2025 | −22.3% | Mar 27, 2026 | not yet | 6 months | 1.1 years so far |
| Sep 28, 2018 | −21.7% | Dec 24, 2018 | Mar 21, 2019 | 3 months | 6 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MILN risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2016 |
|---|---|---|---|---|
| Annualized return | +12.0% | −0.0% | +10.6% | +10.9% |
| Volatility (annualized) | 17.9% | 21.6% | 20.6% | 20.3% |
| Sharpe ratio | 0.48 | -0.06 | 0.48 | 0.50 |
| Sortino ratio | 0.81 | -0.09 | 0.76 | 0.79 |
| Best month | +12.7% | +14.6% | +18.0% | +18.0% |
| Worst month | −8.5% | −12.7% | −17.7% | −17.7% |
| Best 12 months | +46.2% | +46.2% | +101.1% | +101.1% |
| Worst 12 months | −14.2% | −40.2% | −40.2% | −40.2% |
| Positive months | 56% | 52% | 62% | 62% |
| Beta vs S&P 500 | 1.15 | 1.20 | 1.18 | — |
| Correlation with S&P 500 | 0.80 | 0.87 | 0.88 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MILN rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 114 | −40.2% | +16.9% | +101.1% | 75% |
| 3-year (a year) | 90 | −3.9% | +14.4% | +29.7% | 84% |
| 5-year (a year) | 66 | −0.2% | +9.7% | +24.2% | 97% |
| 10-year (a year) | 6 | +10.6% | +11.4% | +11.6% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
MILN performance overview
Global X Millennials Consumer ETF (MILN) returned −10.3% over the past year and +11.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2016 it has returned +11.2% a year, turning $10,000 into about $30,406. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −44.4%, from Nov 5, 2021 to Nov 9, 2022, and it took 2.0 years to get back to the old high. MILN finished 8 of its 9 full calendar years with a gain; the best year was 2020 (+44.8%) and the worst 2022 (−38.6%). Volatility has been 20.3% a year.
Related: MILN chart, MILN holdings, MILN dividends, MILN valuation. See the MILN overview for the latest quote and fund facts.
MILN performance FAQ
What is the MILN return over the past year?
MILN returned −10.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 10.6%.
What is the average annual return of MILN?
MILN has returned −0.2% a year over 5 years, +11.1% a year over 10 years, +11.2% a year since May 6, 2016 (total return, distributions reinvested).
How much would $10,000 invested in MILN be worth?
$10,000 invested in MILN at its first recorded close on May 6, 2016 would be worth about $30,406 on October 23, 2026 with distributions reinvested.
What was the worst year for MILN?
The worst calendar year was 2022, with a total return of −38.6%. The best was 2020 at +44.8%.
What is the biggest drawdown of MILN?
The largest peak-to-trough decline was −44.4% between November 5, 2021 and November 9, 2022. It recovered to the old high on November 11, 2024, 2.0 years after the bottom.
How volatile is MILN?
Over the past 3 years MILN had an annualized volatility of 17.9% and a Sharpe ratio of 0.48 (excess return over 1–3 month T-bills per unit of risk).