MILN vs MMAX
Global X Millennial Consumer ETF vs iShares Large Cap Max Buffer Mar ETF
Which is better, MILN or MMAX?
MMAX has been ahead.
MMAX led over 1Y and the full window.
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 | MILN | MMAX |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $89M | $74M |
| Dividend Yield | 0.33% | 0.76% |
| Holdings | 164 | 7 |
| YTD Return | -7.25% | +4.90%Best |
| 1Y Return | -10.86% | +5.24%Best |
| 3Y Return (annualized) | +12.75% | - |
| 5Y Return (annualized) | -0.22% | - |
| Volatility (annualized) | 15.8% | 1.4%Best |
| Max Drawdown | -22.3% | -1.9%Best |
| $10,000 over 1.5 years | $10,003 | $10,944Best |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 4, 2016 | Mar 31, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 1, 2025 to Oct 14, 2026 (1.5 years).
MILN vs MMAX 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 1.5 years both funds cover.
MILN vs MMAX Performance
Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset and iShares Large Cap Max Buffer Mar ETF (MMAX) is an ETF from iShares by BlackRock (US). Over the past year MILN returned -10.86% while MMAX returned +5.24%. Year to date, MILN is down 7.25% versus a gain of 4.90% for MMAX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MILN has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 1.4% for MMAX. 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 -22.3% for MILN and -1.9% for MMAX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MILN charges 0.50% per year while MMAX charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, MILN currently yields 0.33% against 0.76% for MMAX.
Holdings Overlap
We hold position weights for 80 holdings in MILN and 3 in MMAX, totalling 99.8% and 112.5% 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 80 positions we hold weights for in MILN and 3 in MMAX, against full books of 164 and 7.
You are not choosing between two funds in isolation.
Whichever of MILN and MMAX 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, MILN or MMAX?
MILN has an expense ratio of 0.50% while MMAX charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, MILN or MMAX?
Over the past year MILN returned -10.86% vs +5.24% for MMAX, so MMAX leads on 1-year performance. Over the longest common window we track (2 years), MILN annualized +0.02% vs +6.20% for MMAX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MILN or MMAX?
MILN has been the more volatile fund at 15.8% annualized versus 1.4% for MMAX. Worst drawdown: MILN -22.3% vs MMAX -1.9%.
Should I hold both MILN and MMAX?
MILN and MMAX have a monthly-return correlation of 0.49, 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, MILN or MMAX?
MILN yields 0.33% while MMAX yields 0.76%, so MMAX currently pays the higher dividend yield.
Is MMAX better than MILN?
MMAX led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.