MILN vs VYM
Global X Millennial Consumer ETF vs Vanguard High Dividend Yield ETF
Which is better, MILN or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. MILN led over the full window, VYM over 1Y, 3Y and 5Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 32.4%.
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 | VYM |
|---|---|---|
| Expense Ratio | 0.50% | 0.04%Best |
| AUM | $94M | $81.6B |
| Dividend Yield | 0.30% | 2.22% |
| Holdings | 83 | 613 |
| YTD Return | -6.00% | +13.75%Best |
| 1Y Return | -12.44% | +19.42%Best |
| 3Y Return (annualized) | +11.32% | +18.22%Best |
| 5Y Return (annualized) | -0.16% | +12.17%Best |
| Volatility (annualized) | 20.2% | 14.1%Best |
| Max Drawdown | -44.4% | -35.7%Best |
| $10,000 over 5 years | $9,920 | $17,758Best |
| Top 10 Weight | 32.4% | 25.9%Best |
| Fund Family | Global X by mirae Asset | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | May 4, 2016 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: May 6, 2016 to Sep 9, 2026 (10.3 years).
MILN vs VYM 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 VYM Performance
Global X Millennial Consumer ETF (MILN) is an ETF from Global X by mirae Asset and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year MILN returned -12.44% while VYM returned +19.42%. Year to date, MILN is down 6.00% versus a gain of 13.75% for VYM.
Over three years, MILN compounded at +11.32% per year against +18.22% for VYM; over five years the annualized figures are -0.16% and +12.17% respectively. Across the full 10-year window we track, MILN has the edge at +11.15% annualized vs +10.29%.
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 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 -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 0.30% against 2.22% for VYM.
Holdings Overlap
17.7% of MILN's money is in holdings VYM also owns. 3.1% of VYM's money is in holdings MILN also owns.
MILN and VYM share little of their money.
12 positions in common, counted across the 81 positions we hold weights for in MILN and 603 in VYM, against full books of 83 and 613.
What only one of them owns
Our book lists 556 positions for VYM that do not appear in our book for MILN (94.4% of the fund), and 67 for MILN that do not appear in VYM (77.8%).
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 VYM | Difference |
|---|---|---|---|
| HDHome Depot Inc/The | 2.85% | 1.46% | 1.39% |
| SBUXStarbucks Corp | 3.01% | 0.48% | 2.53% |
| EBAYEbay Inc. | 2.75% | 0.21% | 2.54% |
| LOWLowes Cos., Inc. | 2.44% | 0.51% | 1.93% |
| NKENike Inc | 2.62% | 0.20% | 2.42% |
| WSMWilliams-sonoma Inc | 1.66% | 0.11% | 1.55% |
| DKSDick's Sporting Goods Inc | 0.73% | 0.06% | 0.67% |
| GPSGap Inc. | 0.43% | 0.02% | 0.41% |
| SLMSlm Corp | 0.36% | 0.02% | 0.34% |
| VFCV F Corp | 0.33% | 0.02% | 0.31% |
You are not choosing between two funds in isolation.
Whichever of MILN and VYM 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 VYM?
MILN has an expense ratio of 0.50% while VYM charges 0.04%. VYM is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, MILN or VYM?
Over the past year MILN returned -12.44% vs +19.42% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (10 years), MILN annualized +11.15% vs +10.29% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MILN or VYM?
MILN has been the more volatile fund at 20.2% annualized versus 14.1% for VYM. Worst drawdown: MILN -44.4% vs VYM -35.7%.
Should I hold both MILN and VYM?
MILN and VYM have a monthly-return correlation of 0.75, 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 VYM?
17.7% of MILN's money is in holdings VYM also owns. 3.1% of VYM's is in holdings MILN also owns. They hold 12 positions in common, counted across the 81 positions we hold weights for in MILN and 603 in VYM.
Which pays a higher dividend, MILN or VYM?
MILN yields 0.30% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than MILN?
VYM has a lower expense ratio. MILN led over the full window, VYM over 1Y, 3Y and 5Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 32.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.