FAN
First Trust Global Wind Energy ETF
First Trust Global Wind Energy Fund seeks investment results that correspond generally to the price and yield (before fees & expenses) of the ISE Global Wind Energy Index, an index of companies engaged in that industry.
Global
EQUITY
Passive
MANAGEMENT STYLE
$ 258.2 M
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Inception date | Jun 16, 2008 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| VESTAS WIND SYSTEMS A/S | 9.3 % |
| ORSTED | 8.4 % |
| NORDEX AG | 8.1 % |
| EDP RENOVAVEIS SA | 6.9 % |
| NORTHLAND POWER INC | 6.1 % |
| ENLIGHT RENEWABLE ENERGY LTD | 4.1 % |
| BORALEX INC -CL 'A' | 3.3 % |
| CHINA LONGYUAN POWER GROUP-H | 2.8 % |
| PRYSMIAN SPA | 2.2 % |
| GE VERONA | 2.2 % |
Constituent Breakdown
| Number of holdings | 55 |
| Herfindahl-Hirschman Index | 430 |
| Wgt avg mkt cap (mns) | $28,687 |
| Large cap (>$10bn) | 43.9% |
| Mid cap ($2-10bn) | 40.6% |
| Small cap (<$2bn) | 15.0% |
| Developed mkts. | 86.5% |
| Emerging mkts. | 11.2% |
Sector Breakdown
Country Exposure
 |
DENMARK | 17.6 % |
 |
UNITED STATES | 13.2 % |
 |
GERMANY | 12.7 % |
 |
SPAIN | 10.7 % |
 |
CANADA | 9.3 % |
 |
CHINA | 7.4 % |
 |
ITALY | 6.2 % |
 |
ISRAEL | 6.0 % |
 |
JAPAN | 3.4 % |
 |
SOUTH KOREA | 2.1 % |
Historical Performance
Standardized Performance (as of 03/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 20.9% | 64.8% | 26.7% | 11.5% | 1.9% | 7.8% | -- | -1.3% |
| Dividend Yield | 0.0% | 1.8% | 1.5% | 1.5% | 1.5% | 2.4% | -- | 1.9% |
| Total Returns | 20.9% | 66.6% | 28.2% | 13.0% | 3.4% | 10.2% | -- | 0.6% | Ann. Volatility | 23.9% | 21.5% | 20.3% | 20.0% | 21.3% | 21.0% | -- | 26.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.71 | 39% |
| MSCI EAFE | 0.92 | 57% |
| MSCI Emg Mkts | 0.77 | 52% |
Liquidity Measures
| Avg. volume (000) | 72 |
| ADV traded (mns) | $2 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.26% |
Technical Indicators
| 30d moving avg. (EMA) | $24.26 |
| Relative strength (RSI) | 66 |
| MACD/Signal | 0.52/0.37 |
| Bollinger Bands (Upper/Lower) | $25.79/$22.90 |
| Short interest (% of AUM) | 0.4% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FAN |
Expenses vs. FAN |
ALTAR Score™ vs. FAN |
|---|---|---|---|---|
| FRNW | Fidelity Clean Energy ETF | 32.4% | -21 bp | -0.9% |
| RNRG | Global X Renewable Energy Producers ETF | 31.6% | +6 bp | +1.1% |
| VCLN | Virtus Duff & Phelps Clean Energy ETF | 19.4% | -1 bp | -0.2% |
| SMOG | VanEck Low Carbon Energy ETF | 18.2% | +1 bp | -1.6% |
| ICLN | iShares Global Clean Energy ETF | 17.6% | -19 bp | -0.9% |
| CTEC | Global X CleanTech ETF | 16.3% | -10 bp | -3.3% |
| RNWZ | TrueShares Eagle Global Renewable Energy Income ETF | 13.6% | +15 bp | +2.8% |
| POW | VistaShares Electrification Supercycle ETF | 12.9% | +15 bp | -0.6% |
| ACES | ALPS Clean Energy ETF | 11.8% | -5 bp | -4.9% |
| JXI | iShares Global Utilities ETF | 10.9% | -17 bp | +2.2% |
Risk and Returns: FAN vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/20/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
3.2%
ALTAR SCORE™
34th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 585 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. FAN's ALTAR Score™ is approximately -0.4 standard
deviations above the category average. This places FAN in the 34th percentile
among funds in the category.
Sell-Side Consensus
$25
PRICE TARGET
-2.2%
UPSIDE