First Trust Global Wind Energy ETF (FAN)
Assets | $162.05M |
Expense Ratio | 0.60% |
PE Ratio | 14.55 |
Shares Out | 10.45M |
Dividend (ttm) | $0.24 |
Dividend Yield | 1.51% |
Ex-Dividend Date | Sep 26, 2024 |
Payout Ratio | 21.68% |
1-Year Return | +5.83% |
Volume | 137,124 |
Open | 15.61 |
Previous Close | 15.65 |
Day's Range | 15.61 - 15.83 |
52-Week Low | 14.69 |
52-Week High | 18.15 |
Beta | 0.92 |
Holdings | 61 |
Inception Date | Jun 16, 2008 |
About FAN
Fund Home PageThe First Trust Global Wind Energy ETF (FAN) is an exchange-traded fund that is based on the ISE Clean Edge Global Wind Energy index. The fund tracks an index of companies involved in the wind energy industry, weighted according to float-adjusted market cap with strict limits on individual holdings. FAN was launched on Jun 16, 2008 and is issued by First Trust.
Top 10 Holdings
46.21% of assetsName | Symbol | Weight |
---|---|---|
Ørsted A/S | ORSTED | 8.05% |
EDP Renováveis, S.A. | EDPR | 6.11% |
Northland Power Inc. | NPI | 5.95% |
Vestas Wind Systems A/S | VWS | 5.36% |
China Longyuan Power Group Corporation Limited | 0916 | 4.14% |
Siemens Energy AG | ENR | 3.67% |
Boralex Inc. | BLX | 3.62% |
GE Vernova Inc. | GEV | 3.53% |
Cadeler A/S | CADLR | 3.09% |
Nordex SE | NDX1 | 2.68% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Sep 26, 2024 | $0.047 | Sep 30, 2024 |
Jun 27, 2024 | $0.127 | Jun 28, 2024 |
Mar 21, 2024 | $0.026 | Mar 28, 2024 |
Dec 22, 2023 | $0.038 | Dec 29, 2023 |
Sep 22, 2023 | $0.079 | Sep 29, 2023 |
Jun 27, 2023 | $0.125 | Jun 30, 2023 |
News
FAN: Explore The Future Of Energy
FAN ETF tracks the ISE Clean Edge Global Wind Energy Index, offering investors exposure to companies in the wind energy industry worldwide. Oersted A/S is a major player in offshore wind farm developm...
VillageDAO, Consensys Partner with Film.io to Bring Fans Closer to the Filmmaking Process
LOS ANGELES--(BUSINESS WIRE)--Decentralized filmmaking ecosystem Film.io is proud to announce that it has been selected as the first external partner to join the Village. Launched in 2022 by Consensys...
FAN: Time To Be A Fan
Investing in wind energy stocks aligns with the global transition towards renewable energy and offers the potential for outsized gains. First Trust Global Wind Energy ETF focuses on the wind energy in...
ESG Wars 2: NET Power's Carbon Capture Vs. TAN Solar And FAN Wind Power ETFs
NET Power, a carbon-capture startup, uses innovative technology to achieve net zero natural gas power. The challenge for NPWR will be scaling the technology. The nascent offshore wind industry in the ...
FAN: The Wind Energy Slump Appears To Be Over, Time To Tap In
The First Trust Global Wind Energy ETF offers targeted exposure to the wind energy industry and has shown significant growth amid market downturns, with a 50% increase in returns in the past five year...
FAN: Wind Energy Stocks Are Undervalued With Strong Potential
First Trust Global Wind Energy ETF offers an interesting renewable energy investment opportunity, with a net expense ratio of 0.60% and net assets under management of $268.6 million. FAN's largest hol...
Clean energy shares underperformed in 2022
CNBC's Pippa Stevens joins 'Squawk on the Street' to discuss underperformance in clean energy stocks, rising rates offsetting alternative energy tailwinds and stand out stocks in the clean energy mark...
TAN: Solar Energy Is A Megatrend, Here's Why And How To Invest
The broad market is down this year, but solar stocks are outperforming by a significant margin. Looking forward at the economy over the next 10-20 years, solar is among the most likely industries to s...
FAN: Opportunity To Participate In Massive Wind Expansion
Conditions in Europe, the US, Asia, (everywhere!) are favourable for massive wind expansion. There are many challenges involved with electrification through wind power, but these are out in the open a...
ESG a ‘net good for business,' expert says
This segment originally aired on September 22, 2022. EY's Global Vice Chair of Sustainability Steve Varley joins Yahoo Finance Live anchors Akiko Fujita to discuss the crossroads ESG is at, where sust...
Is Climate Action a Good Investment Criteria?
Exposure to environmental progress could be a good idea in the current market environment.
Sustainable Investing: 4 Earth Day ETFs targeting clean water, wind, the smart grid — and one that has them all
For some investment advisers and stock-pickers, so-called green investing is far from just a feel-good move.
Installation Rush In 2021 Propels China To Become The Largest Offshore Wind Market Globally
China has surpassed the United Kingdom and Germany to become the largest offshore wind market globally.
Clean Energy Stocks to Watch in 2022
Last year was a tough one for clean energy stocks as supply chain issues mixed with overvaluation concerns and policy uncertainty caused broad selloffs. The iShares S&P Global Clean Energy Index Fund ...
Expect 2022 to be a record year for wind and solar power, S&P Global says — what about supply-chain bottlenecks?
U.S. solar and wind growth is on pace to notch records in 2022, pushed there by government incentives and private-sector demand, a new report from S&P Global Market Intelligence says.
Clean Energy Investment - Riding The ESG Wave
Green energy capex is on the rise following a surge in renewable energy stocks in the last three years. A pause in 2021, however, brought about a modest valuation reset while thematic interest in ESG ...
FAN: Facing Immediate Headwinds Suggesting Underperformance
FAN's top holdings have all delivered negative returns YTD causing FAN to trade sideways since April, resulting in underperformance compared to the general market. COVID-19 upstream pressure, logistic...
2 ETFs For The Green Energy Revolution
Both politicians and stock market analysts are talking about the green energy revolution. This refers to the eventual conversion from fossil fuels into energy production that causes less pollution.
3 ETFs The Could Profit From A Green New Deal
Many analysts predict that certain companies will be beneficiaries of the Biden administration's energy policy. A number of these companies will be in the alternative energy industry.
3 ETFs That Should Benefit From Biden's Tax Plan And Could Break Out Soon
A trio of exchange-traded funds that will benefit from President Joe Biden's tax plan could be about to break out. These ETFs invest in alternative energy companies: First Trust Global Wind Energy ETF...
FAN: The Better Alternative To ICLN And TAN
Having considered both ICLN, TAN, and now FAN in an article series, I conclude FAN to provide the best balance between what you pay and what you get.
Renewables Versus Oil & Gas - Be Smart, Choose What's Best
In 2020, renewable energy was a winning investment theme, as the sector benefited from environmental, social, and governance (ESG) investment trends and a favorable political backdrop.
High-Quality Clean Energy Picks for the ETF Rebound
Clean energy saw stellar returns throughout 2020. This growth included the companies themselves, as well as their stocks and clean energy exchange-traded funds.
Buy The FAN ETF As The Global Wind Energy Sector Looks Set To Take Off
Both solar and wind look set to have a great decade ahead as countries accelerate the shift to renewable energy to reduce emissions. The world's offshore wind farm capacity could grow eightfold by the...