MILN vs VYM
Global X Millennial Consumer ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 616 holdings.
Side-by-Side Comparison
| Metric | MILN | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.04% | |
| AUM | $104M | $81.6B | |
| Dividend Yield | 0.31% | 2.24% | |
| Holdings | 83 | 616 | |
| YTD Return | -0.04% | +15.60% | |
| 1Y Return | -5.50% | +23.48% | |
| 3Y Return (annualized) | +14.85% | +19.07% | |
| 5Y Return (annualized) | +1.80% | +12.50% | |
| Volatility (annualized) | 20.2% | 14.6% | |
| Max Drawdown | -44.4% | -58.8% | |
| Fund Family | Global X by mirae Asset | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 4, 2016 | Nov 10, 2006 |
MILN vs VYM Performance
Global X Millennial Consumer ETF (MILN) is a ETF from Global X by mirae Asset and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year MILN returned -5.50% while VYM returned +23.48%. Year to date, MILN is down 0.04% versus a gain of 15.60% for VYM.
Over three years, MILN compounded at +14.85% per year against +19.07% for VYM; over five years the annualized figures are +1.80% and +12.50% respectively. Across the full 10-year window we track, MILN has the edge at +11.88% annualized vs +7.05%. 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 14.6% for VYM. 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 -58.8% for VYM. 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MILN charges 0.50% per year while VYM charges 0.04%. On a $10,000 position that is $50 vs $4 annually, a gap of $46 per year that compounds over a long holding period. On income, MILN currently yields 0.31% against 2.24% for VYM.
Holdings Overlap
MILN and VYM share 12 holdings out of 672 unique holdings combined, representing a 3.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MILN or VYM?
MILN has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, MILN or VYM?
Over the past year MILN returned -5.50% vs +23.48% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (10 years), MILN annualized +11.88% vs +7.05% for VYM. Past performance does not guarantee future results.
Which is riskier, MILN or VYM?
MILN has been the more volatile fund at 20.2% annualized versus 14.6% for VYM. Worst drawdown: MILN -44.4% vs VYM -58.8%.
Should I hold both MILN and VYM?
MILN and VYM have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MILN and VYM?
MILN and VYM share 12 common holdings with a 3.1% weight overlap. Combined, they hold 672 unique securities.
Which pays a higher dividend, MILN or VYM?
MILN yields 0.31% while VYM yields 2.24%, so VYM currently pays the higher dividend yield.
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