FAN
First Trust Global Wind Energy ETFFAN Fund Description
FAN 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 a 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. It follows a 'wind energy' mandate. The fund 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. The index is reconstituted and rebalanced semi-annually.
FAN MSCI ESG Analytics Insight
First Trust Global Wind Energy ETF has an MSCI ESG Fund Rating of AA based on a score of 7.80 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. First Trust Global Wind Energy ETF ranks in the 88th percentile within its peer group and in the 65th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FAN MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
FAN Summary Data
FAN Portfolio Data
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FAN Portfolio Management
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FAN Fund Structure
FAN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FAN. FAN is rated a 4 out of 5.
FAN Tradability
FAN Sector/Industry Breakdown
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FAN Top 10 Holdings[View All]
FAN Countries
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FAN Regions
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FAN Economic Development
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FAN Performance Statistics
FAN MSCI ESG Ratings
FAN Benchmark Comparison Summary
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FAN Benchmark Comparison Market Cap Size
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.