MILN vs VOO
Global X Millennial Consumer ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | MILN | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $104M | $997.4B | |
| Dividend Yield | 0.31% | 1.08% | |
| Holdings | 83 | 509 | |
| YTD Return | -0.66% | +12.25% | |
| 1Y Return | -5.50% | +20.92% | |
| 3Y Return (annualized) | +14.59% | +21.79% | |
| 5Y Return (annualized) | +1.49% | +13.05% | |
| Volatility (annualized) | 20.2% | 14.1% | |
| Max Drawdown | -44.4% | -34.3% | |
| Fund Family | Global X by mirae Asset | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 4, 2016 | Sep 7, 2010 |
MILN vs VOO Performance
Global X Millennial Consumer ETF (MILN) is a ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year MILN returned -5.50% while VOO returned +20.92%. Year to date, MILN is down 0.66% versus a gain of 12.25% for VOO.
Over three years, MILN compounded at +14.59% per year against +21.79% for VOO; over five years the annualized figures are +1.49% and +13.05% respectively. Across the full 10-year window we track, VOO has the edge at +13.45% annualized vs +11.81%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MILN has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 14.1% for VOO. 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 -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MILN charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, MILN currently yields 0.31% against 1.08% for VOO.
Holdings Overlap
MILN and VOO share 31 holdings out of 555 unique holdings combined, representing a 15.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MILN or VOO?
MILN has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, MILN or VOO?
Over the past year MILN returned -5.50% vs +20.92% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), MILN annualized +11.81% vs +13.45% for VOO. Past performance does not guarantee future results.
Which is riskier, MILN or VOO?
MILN has been the more volatile fund at 20.2% annualized versus 14.1% for VOO. Worst drawdown: MILN -44.4% vs VOO -34.3%.
Should I hold both MILN and VOO?
MILN and VOO have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MILN and VOO?
MILN and VOO share 31 common holdings with a 15.8% weight overlap. Combined, they hold 555 unique securities.
Which pays a higher dividend, MILN or VOO?
MILN yields 0.31% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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