DEPW vs MILN
Google DeepMind AI Lab Ecosystem ETF vs Global X Millennial Consumer ETF
Which is better, DEPW or MILN?
MILN costs less.
MILN has a lower expense ratio. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 60.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DEPW | MILN |
|---|---|---|
| Expense Ratio | 0.59% | 0.50%Best |
| AUM | $2M | $89M |
| Dividend Yield | 0.00% | 0.33% |
| Holdings | 25 | 164 |
| YTD Return | -7.34% | -7.25%Best |
| 1Y Return | - | -10.86% |
| 3Y Return (annualized) | - | +12.75% |
| 5Y Return (annualized) | - | -0.22% |
| Top 10 Weight | 60.0% | 33.8%Best |
| Fund Family | Harbor Funds | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 12, 2026 | May 4, 2016 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
DEPW vs MILN growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
DEPW vs MILN Performance
Google DeepMind AI Lab Ecosystem ETF (DEPW) is an ETF from Harbor Funds and Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset. Year to date, DEPW is down 7.34% versus a loss of 7.25% for MILN.
Past performance does not guarantee future results.
Fees and Cost Over Time
DEPW charges 0.59% per year while MILN charges 0.50%. On a $10,000 position that is $59 vs $50 annually, a gap of $9 per year that compounds over a long holding period. On income, DEPW currently yields 0.00% against 0.33% for MILN.
Holdings Overlap
19.7% of DEPW's money is in holdings MILN also owns. 3.3% of MILN's money is in holdings DEPW also owns.
DEPW and MILN share little of their money.
1 positions in common, counted across the 25 positions we hold weights for in DEPW and 80 in MILN, against full books of 25 and 164.
What only one of them owns
Our book lists 77 positions for MILN that do not appear in our book for DEPW (92.5% of the fund), and 18 for DEPW that do not appear in MILN (61.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DEPW | Weight in MILN | Difference |
|---|---|---|---|
| GOOGLAlphabet Inc | 19.68% | 3.27% | 16.41% |
You are not choosing between two funds in isolation.
Whichever of DEPW and MILN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DEPW or MILN?
DEPW has an expense ratio of 0.59% while MILN charges 0.50%. MILN is the cheaper option, by $9 a year on a $10,000 investment.
What is the holdings overlap between DEPW and MILN?
19.7% of DEPW's money is in holdings MILN also owns. 3.3% of MILN's is in holdings DEPW also owns. They hold 1 positions in common, counted across the 25 positions we hold weights for in DEPW and 80 in MILN.
Which pays a higher dividend, DEPW or MILN?
DEPW yields 0.00% while MILN yields 0.33%, so MILN currently pays the higher dividend yield.
Is MILN better than DEPW?
MILN has a lower expense ratio. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 60.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.