MILN vs SXQG
Global X Millennial Consumer ETF vs ETC 6 Meridian Quality Growth ETF
Which is better, MILN or SXQG?
Each has led over a different period.
MILN has a lower expense ratio. MILN led over 3Y, SXQG over 1Y, 5Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 43.0%.
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 | MILN | SXQG |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.70% |
| AUM | $89M | $63M |
| Dividend Yield | 0.33% | 0.00% |
| Holdings | 164 | 235 |
| YTD Return | -7.25% | +3.37%Best |
| 1Y Return | -10.86% | +2.54%Best |
| 3Y Return (annualized) | +12.75%Best | +11.82% |
| 5Y Return (annualized) | -0.22% | +5.68%Best |
| Volatility (annualized) | 21.0% | 16.4%Best |
| Max Drawdown | -44.4% | -34.0%Best |
| $10,000 over 5 years | $9,890 | $13,181Best |
| Top 10 Weight | 33.8%Best | 43.0% |
| Fund Family | Global X by mirae Asset | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 4, 2016 | May 10, 2021 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2021 to Oct 14, 2026 (5.4 years).
MILN vs SXQG 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 5.4 years both funds cover.
MILN vs SXQG Performance
Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset and ETC 6 Meridian Quality Growth ETF (SXQG) is an ETF from 6 Meridian ETF. Over the past year MILN returned -10.86% while SXQG returned +2.54%. Year to date, MILN is down 7.25% versus a gain of 3.37% for SXQG.
Over three years, MILN compounded at +12.75% per year against +11.82% for SXQG; over five years the annualized figures are -0.22% and +5.68% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MILN has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 16.4% for SXQG. 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 -44.4% for MILN and -34.0% for SXQG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MILN charges 0.50% per year while SXQG charges 0.70%. On a $10,000 position that is $50 vs $70 annually, a gap of $20 per year that compounds over a long holding period. On income, MILN currently yields 0.33% against 0.00% for SXQG.
Holdings Overlap
25.0% of MILN's money is in holdings SXQG also owns. 16.8% of SXQG's money is in holdings MILN also owns.
MILN and SXQG share little of their money.
10 positions in common, counted across the 80 positions we hold weights for in MILN and 84 in SXQG, against full books of 164 and 235.
What only one of them owns
Our book lists 70 positions for SXQG that do not appear in our book for MILN (80.9% of the fund), and 68 for MILN that do not appear in SXQG (70.8%).
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 SXQG | Difference |
|---|---|---|---|
| AAPLApple Inc | 3.88% | 4.97% | 1.09% |
| GOOGLAlphabet Inc-cl A | 3.27% | 4.80% | 1.53% |
| ABNBAirbnb Inc | 3.80% | 1.21% | 2.59% |
| UBERUber Technologies Inc | 2.87% | 1.73% | 1.14% |
| TJXTjx Cos., Inc. | 2.42% | 1.87% | 0.55% |
| SPOTSpotify Technology SA | 2.94% | 1.01% | 1.93% |
| EXPEExpedia Group Inc. | 1.89% | 0.44% | 1.45% |
| WSMWilliams-sonoma Inc | 1.69% | 0.37% | 1.32% |
| SNSharkninja | 1.57% | 0.23% | 1.34% |
| CARTMaplebear Inc | 0.65% | 0.14% | 0.51% |
25.0% of MILN is already inside SXQG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MILN or SXQG?
MILN has an expense ratio of 0.50% while SXQG charges 0.70%. MILN is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, MILN or SXQG?
Over the past year MILN returned -10.86% vs +2.54% for SXQG, so SXQG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MILN or SXQG?
MILN has been the more volatile fund at 21.0% annualized versus 16.4% for SXQG. Worst drawdown: MILN -44.4% vs SXQG -34.0%.
Should I hold both MILN and SXQG?
MILN and SXQG have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between MILN and SXQG?
25.0% of MILN's money is in holdings SXQG also owns. 16.8% of SXQG's is in holdings MILN also owns. They hold 10 positions in common, counted across the 80 positions we hold weights for in MILN and 84 in SXQG.
Which pays a higher dividend, MILN or SXQG?
MILN yields 0.33% while SXQG yields 0.00%, so MILN currently pays the higher dividend yield.
Is SXQG better than MILN?
MILN has a lower expense ratio. MILN led over 3Y, SXQG over 1Y, 5Y and the full window. MILN is less concentrated, with 33.8% of the fund in its ten largest positions against 43.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.