FAN

First Trust Global Wind Energy ETF

$20.04

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The First Trust Global Wind Energy ETF (FAN) seeks to track the performance of the ISE Global Wind Energy Index, which is designed to measure the performance of companies that are active in the wind energy industry.

Overview

ETF tracking First Trust Global Wind Energy ETF

Category Energy

Issuer First Trust

Inception Date 2008-06-18

Market Cap $190.4M

Average Volume N/A

Dividend Yield 1.23%

52-Week Range $13.66 - $20.82

VWAP $20.04

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of global companies that are involved in the wind energy industry, including wind turbine manufacturers, component providers, and wind farm operators. The fund seeks to replicate the performance of the underlying index by holding the same securities in similar weightings.

✨ Key Features

Provides exposure to the global wind energy industry
Diversified portfolio of companies across the wind energy value chain
Tracks the ISE Global Wind Energy Index, which is rebalanced quarterly
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk in the wind energy industry
Exposure to global markets and currency fluctuations
Potential volatility due to the nature of the renewable energy sector
Liquidity risk due to the relatively small size of the fund

👤 Best For

This ETF may be suitable for investors seeking exposure to the growing global wind energy industry as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon and a higher risk tolerance, as the renewable energy sector can be subject to significant volatility.