What’s in the Millennial ETF?

Did you know there was an ETF based on the consumer behaviour of millennials?

The Global X Millennial Consumer ETF (MILN) seeks to invest in companies that are highly likely to benefit from the rising spending power and unique purchasing preferences of US millennials. While millennials are generally known to be born around 1981 to 1996 (26 to 41 this year), this ETF includes those born around 1980 to 2000 (22 to 42 years old in 2022).

The industries covered are diverse, including social media, TV streaming services, video games, food & beverage, clothing & apparel, health & fitness, travel, education, employment, housing, home goods, and financial services. Notable companies currently in this ETF include Starbucks, Activision Blizzard, Uber, Lyft, Apple, Costco, Disney, Nike, Amazon, Google, Meta, Airbnb, Lululemon, Netflix, Twitter, Tinder, Etsy, Spotify, and more!

Here are the current top 20 holdings in this ETF:

1 - SBUX | Starbucks Corp

2 - FISV | Fiserv Inc

3 - LOW | Lowe's Cos Inc

4 - ATVI | Activision Blizzard

5 - UBER | Uber Technologies Inc

6 - HD | Home Depot Inc

7 - AAPL | Apple Inc

8 - NTU | Intuit Inc

9 - COST | Costco Wholesale Corp

10 - BKNG | Booking Holdings Inc

11 - PYPL | PayPal Holdings Inc

12 - DIS | The Walt Disney Co

13 - NKE | Nike Inc

14 - AMZN | Amazon.com Inc

15 - CMG | Chipotle Mexican

16 - GOOGL | Alphabet Inc

17 - ABNB | Airbnb

18 - LULU | Lululemon Athletica Inc

19 - META | Meta Platforms

20 - NFLX | Netflix Inc

This is one I’ve definitely found interesting and added to my watchlist. Would you invest in this ETF? Why/why not?

For more information, find out more here.

Sophia