FAN

First Trust Global Wind Energy ETF
C

19
  • Overview
  • Efficiency
  • Tradability
  • Fit

FAN Fund Description

The First Trust Global Wind Energy ETF 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 Factset Analytics Insight

FAN is the lone global renewable energy ETF that specifically targets the wind industry. FAN saves roughly 60% of its weighting for 'pure-plays' in the wind industry and allocates the remaining 40% to 'diversified sector' companies involved in the industry. The top five pure-play companies are capped at 8% weight each, with a 4% cap for the remainder. All diversified sector companies have a 2% cap. FAN doesn't look much like our broad renewable energy benchmark, which is expected, since it follows a 'wind energy' mandate. The fund overweights electric utilities, consistent with its mandate, and is also very Europe-centric. FAN's expense ratio is reasonable for the segment. While its onscreen liquidity is decent, average spreads are wider than we'd like.

FAN changed its name from First Trust ISE Global Wind Energy Index Fund to First Trust Global Wind Energy ETF on 12/14/2016. The underlying index methodology changed on 6/20/17, affecting the fund’s weighting and position limits.

FAN MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of December 12, 2017 the First Trust Global Wind Energy ETF MSCI ESG Fund Quality Score is 6.76 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FAN ranks in the 96th percentile within its peer group and in the 88th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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FAN Top 10 Sectors View All

FAN Top 10 Holdings View All

FAN Summary Data

First Trust
06/16/08
Open-Ended Fund
0.60%
$94.52M
$940.33K
0.17%

FAN Portfolio Data

$20.98B
21.78
1.66
7.06%
12/21/17
41

FAN Index Data

Tiered
Market Cap
Thomson Reuters Global Renewable Energy

Related ETFs to FAN

ICLN, QCLN, GEX, YLCO, TAN
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

FAN Portfolio Management

0.60%
-0.99%
1.09%
-2.57%

FAN Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FAN Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS40012.83
30012.82
70012.81
30012.80
4,30012.79
BIDS6,40012.76
30012.74
30012.73
80012.72
30012.66
LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 12:14:08
Daily Spread
Premium/Discount
Volume

FAN Factset Analytics Block Liquidity

As of 12/13/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FAN. FAN is rated a 2 out of 5.

FAN Tradability

73,269
$940.33K
42,290
$534.48K
0.17%
$0.02
0.15%
1.04% / -0.63%
None
34.00%
50,000
0.85
0.16%
0.40%
--
$12.77
2

FAN Geographic Exposure

FANSegment Benchmark
43.28% 16.97%
11.57% 12.85%
7.68% 11.89%
20.72% 11.29%
2.07% 10.64%
1.89% 6.89%
0.20% 5.60%
1.64% 4.50%
-- 4.06%

FANSegment Benchmark
56.04% 53.52%
21.35% 28.30%
22.61% 18.17%
94.76% / 5.24% 95.50% / 4.50%

FAN Performance Statistics

0.65
0.58
0.58
0.61
0.80%
Thomson Reuters Global Renewable Energy

FAN MSCI ESG Ratings

6.76 / 10
96.39
88.07
20.68%
41.80%
1,210.36

FAN BENCHMARK COMPARISON

    FAN
    41 Holdings
    Segment Benchmark
    37 Constituents
    Shared Holdings
    6 (Count)
     
    17.94% (Weight)
FANSegment Benchmark
43.28% 44.07%
23.82% 24.25%
22.64% 20.92%
10.27% 10.76%
1.22% 2.08%
-- High