MILN vs OAIW
Global X Millennial Consumer ETF vs OpenAI Lab Ecosystem ETF
Which is better, MILN or OAIW?
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 60.5%.
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 | OAIW |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.59% |
| AUM | $89M | $6M |
| Dividend Yield | 0.33% | 0.00% |
| Holdings | 164 | 25 |
| YTD Return | -7.25%Best | -10.04% |
| 1Y Return | -10.86% | - |
| 3Y Return (annualized) | +12.75% | - |
| 5Y Return (annualized) | -0.22% | - |
| Top 10 Weight | 33.8%Best | 60.5% |
| Fund Family | Global X by mirae Asset | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 4, 2016 | Aug 12, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
MILN vs OAIW 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.
MILN vs OAIW Performance
Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset and OpenAI Lab Ecosystem ETF (OAIW) is an ETF from Harbor Funds. Year to date, MILN is down 7.25% versus a loss of 10.04% for OAIW.
Past performance does not guarantee future results.
Fees and Cost Over Time
MILN charges 0.50% per year while OAIW charges 0.59%. On a $10,000 position that is $50 vs $59 annually, a gap of $9 per year that compounds over a long holding period. On income, MILN currently yields 0.33% against 0.00% for OAIW.
Holdings Overlap
3.3% of MILN's money is in holdings OAIW also owns. 5.6% of OAIW's money is in holdings MILN also owns.
OAIW and MILN share little of their money.
1 positions in common, counted across the 80 positions we hold weights for in MILN and 26 in OAIW, against full books of 164 and 25.
What only one of them owns
Our book lists 18 positions for OAIW that do not appear in our book for MILN (64.6% of the fund), and 77 for MILN that do not appear in OAIW (92.6%).
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 MILN | Weight in OAIW | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 3.25% | 5.62% | 2.37% |
You are not choosing between two funds in isolation.
Whichever of MILN and OAIW 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 OAIW?
MILN has an expense ratio of 0.50% while OAIW charges 0.59%. MILN is the cheaper option, by $9 a year on a $10,000 investment.
What is the holdings overlap between MILN and OAIW?
5.6% of OAIW's money is in holdings MILN also owns. 5.6% of OAIW's is in holdings MILN also owns. They hold 1 positions in common, counted across the 80 positions we hold weights for in MILN and 26 in OAIW.
Which pays a higher dividend, MILN or OAIW?
MILN yields 0.33% while OAIW yields 0.00%, so MILN currently pays the higher dividend yield.
Is OAIW better than MILN?
MILN has a lower expense ratio. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 60.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.