DIVP vs MILN
Cullen Enhanced Equity Income ETF vs Global X Millennial Consumer ETF
Which is better, DIVP or MILN?
DIVP has been ahead.
MILN has a lower expense ratio. DIVP led over 1Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 36.4%.
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 | DIVP | MILN |
|---|---|---|
| Expense Ratio | 0.55% | 0.50%Best |
| AUM | $61M | $89M |
| Dividend Yield | 6.81% | 0.33% |
| Holdings | 47 | 164 |
| YTD Return | +9.06%Best | -7.25% |
| 1Y Return | +14.04%Best | -10.86% |
| 3Y Return (annualized) | - | +12.75% |
| 5Y Return (annualized) | - | -0.22% |
| Volatility (annualized) | 10.4%Best | 16.2% |
| Max Drawdown | -13.4%Best | -23.5% |
| $10,000 over 2.6 years | $12,357Best | $11,310 |
| Top 10 Weight | 36.4% | 33.8%Best |
| Fund Family | Cullen Funds | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 6, 2024 | May 4, 2016 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 14, 2026 (2.6 years).
DIVP 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 covers the 2.6 years both funds cover.
DIVP vs MILN Performance
Cullen Enhanced Equity Income ETF (DIVP) is an ETF from Cullen Funds and Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset. Over the past year DIVP returned +14.04% while MILN returned -10.86%. Year to date, DIVP is up 9.06% versus a loss of 7.25% for MILN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MILN has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 10.4% for DIVP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.4% for DIVP and -23.5% for MILN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIVP charges 0.55% per year while MILN charges 0.50%. On a $10,000 position that is $55 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, DIVP currently yields 6.81% against 0.33% for MILN.
Holdings Overlap
We hold position weights for 35 holdings in DIVP and 80 in MILN, totalling 99.6% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 35 positions we hold weights for in DIVP and 80 in MILN, against full books of 47 and 164.
What only one of them owns
Our book lists 78 positions for MILN that do not appear in our book for DIVP (95.8% of the fund), and 33 for DIVP that do not appear in MILN (94.5%).
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.
You are not choosing between two funds in isolation.
Whichever of DIVP 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, DIVP or MILN?
DIVP has an expense ratio of 0.55% while MILN charges 0.50%. MILN is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, DIVP or MILN?
Over the past year DIVP returned +14.04% vs -10.86% for MILN, so DIVP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVP or MILN?
MILN has been the more volatile fund at 16.2% annualized versus 10.4% for DIVP. Worst drawdown: DIVP -13.4% vs MILN -23.5%.
Should I hold both DIVP and MILN?
DIVP and MILN have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DIVP or MILN?
DIVP yields 6.81% while MILN yields 0.33%, so DIVP currently pays the higher dividend yield.
Is MILN better than DIVP?
MILN has a lower expense ratio. DIVP led over 1Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.