MILN vs VOO
Global X Millennial Consumer ETF vs Vanguard S&P 500 ETF
Which is better, MILN or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. MILN is less concentrated, with 32.4% 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 | MILN | VOO |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $94M | $997.4B |
| Dividend Yield | 0.30% | 1.04% |
| Holdings | 83 | 509 |
| YTD Return | -6.25% | +11.55%Best |
| 1Y Return | -11.69% | +17.54%Best |
| 3Y Return (annualized) | +11.21% | +20.71%Best |
| 5Y Return (annualized) | -0.12% | +12.80%Best |
| Volatility (annualized) | 20.2% | 15.2%Best |
| Max Drawdown | -44.4% | -34.3%Best |
| $10,000 over 5 years | $9,940 | $18,262Best |
| Top 10 Weight | 32.4%Best | 36.4% |
| Fund Family | Global X by mirae Asset | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 4, 2016 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: May 6, 2016 to Sep 10, 2026 (10.3 years).
MILN vs VOO 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 10.3 years both funds cover.
MILN vs VOO Performance
Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year MILN returned -11.69% while VOO returned +17.54%. Year to date, MILN is down 6.25% versus a gain of 11.55% for VOO.
Over three years, MILN compounded at +11.21% per year against +20.71% for VOO; over five years the annualized figures are -0.12% and +12.80% respectively. Across the full 10-year window we track, VOO has the edge at +14.31% annualized vs +11.12%.
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 15.2% 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 what each fund did in the worst stretch of the window measured above.
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 0.30% against 1.04% for VOO.
Holdings Overlap
73.9% of MILN's money is in holdings VOO also owns. 19.4% of VOO's money is in holdings MILN also owns.
Most of MILN is already inside VOO. Owning both mostly buys the same companies twice.
31 positions in common, counted across the 81 positions we hold weights for in MILN and 505 in VOO, against full books of 83 and 509.
What only one of them owns
Our book lists 466 positions for VOO that do not appear in our book for MILN (80.1% of the fund), and 49 for MILN that do not appear in VOO (22.4%).
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 VOO | Difference |
|---|---|---|---|
| AAPLApple, Inc | 3.30% | 6.59% | 3.29% |
| AMZNAmazon.Com Inc | 3.30% | 3.62% | 0.32% |
| GOOGLAlphabet A Usd 0.001 | 3.30% | 3.25% | 0.05% |
| METAMeta Platforms, Inc. | 2.60% | 1.92% | 0.68% |
| DASHDoordash Inc | 3.64% | 0.11% | 3.53% |
| HDHome Depot Inc/The | 2.85% | 0.54% | 2.31% |
| ABNBAirbnb Inc | 3.22% | 0.09% | 3.13% |
| BKNGBooking Holdings, Inc. | 3.06% | 0.21% | 2.85% |
| SBUXStarbucks Corp | 3.01% | 0.18% | 2.83% |
| COSTCostco Wholesale Corp. | 2.55% | 0.64% | 1.91% |
73.9% of MILN is already inside VOO.
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 VOO?
MILN has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, MILN or VOO?
Over the past year MILN returned -11.69% vs +17.54% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), MILN annualized +11.12% vs +14.31% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MILN or VOO?
MILN has been the more volatile fund at 20.2% annualized versus 15.2% 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 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 VOO?
73.9% of MILN's money is in holdings VOO also owns. 19.4% of VOO's is in holdings MILN also owns. They hold 31 positions in common, counted across the 81 positions we hold weights for in MILN and 505 in VOO.
Which pays a higher dividend, MILN or VOO?
MILN yields 0.30% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than MILN?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. MILN is less concentrated, with 32.4% 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.