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First Trust Global Wind Energy ETF
ETF
FAN
Payout Change
Pending
Price as of:
$15.91
+0.16
+1.02%
primary theme
Sector Diversified Equity
FAN (ETF)
First Trust Global Wind Energy ETF
Payout Change
Pending
Price as of:
$15.91
+0.16
+1.02%
primary theme
Sector Diversified Equity
FAN (ETF)
First Trust Global Wind Energy ETF
Payout Change
Pending
Price as of:
$15.91
+0.16
+1.02%
primary theme
Sector Diversified Equity
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-2.3%
1 yr return
7.9%
3 Yr Avg Return
-6.4%
5 Yr Avg Return
4.3%
Net Assets
$188 M
Holdings in Top 10
52.8%
52 WEEK LOW AND HIGH
$15.8
$14.83
$18.06
Expenses
OPERATING FEES
Expense Ratio 0.64%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FAN - Profile
Distributions
- YTD Total Return -2.3%
- 3 Yr Annualized Total Return -6.4%
- 5 Yr Annualized Total Return 4.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.34%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFirst Trust Global Wind Energy ETF
-
Fund Family NameFirst Trust Advisors L.P.
-
Inception DateJun 16, 2008
-
Shares Outstanding16750002
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid McGarel
Fund Description
The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Index is developed, maintained and sponsored by Nasdaq, Inc. (the “Index Provider”). The Index Provider may, from time to time, exercise reasonable discretion as it deems appropriate in order to maintain Index integrity.The Index provides a benchmark for investors interested in tracking public companies throughout the world that are active in the wind energy industry. According to the Index Provider, in order to be eligible for inclusion in the Index, a security must be issued by a company that is actively engaged in some aspect of the wind energy industry, such as the development or management of a wind farm, the production or distribution of electricity generated by wind power, or involvement in the design, manufacture or distribution of machinery or materials designed specifically for the wind energy industry. In addition, in order to be eligible for inclusion in the Index a security must meet the size, float and liquidity requirementsof the Index, be listed on an Index-eligible global exchange and have seasoned on an Index-eligible global exchange for at least three months.According to the Index Provider, the Index allocates an aggregate weight of 60% to companies that are identified as “Pure Play” and an aggregate weight of 40% to those companies determined to be “Diversified.” Pure Play companies are those primarily engaged and actively involved in some aspect of the wind energy industry, with 50% or more of revenues and/or generating assets (energy capacity and/or production) coming from wind-related activities. Diversified companies are those simply involved and engaged in some aspect of the wind energy industry. This is done to ensure that companies that are exclusive to the wind energy industry, which generally have smaller market capitalizations relative to their multi-industry counterparts, are adequately represented in the Index. The Index utilizes a modified market capitalization weighted methodology for each group of companies. The Pure Play companies are weighted so that the five largest Pure Play companies may not exceed 8% each of the entire Index and the remaining Pure Play Companies may not exceed 4% each of the entire Index. No Diversified company may exceed 2% of the entire Index. The Fund may also invest in companies with various market capitalizations, depositary receipts, U.S. dollar denominated and non-U.S. dollar denominated securities.The Index is rebalanced and reconstituted semi-annually and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. The Fund will be concentrated in an industry or a group of industries to the extent that the Index is so concentrated. As of December 31, 2023, the Fund had significant investments in utility companies, industrials companies and European issuers, although this may change from time to time. The Fund's investments will change as the Index changes and, as a result, the Fund may have significant investments in jurisdictions or investment sectors that it may not have had as of December 31, 2023. To the extent the Fund invests a significant portion of its assets in a given jurisdiction or investment sector, the Fund may be exposed to the risks associated with that jurisdiction or investment sector.
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FAN - Performance
Return Ranking - Trailing
| Period | FAN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.3% | -33.4% | 100.1% | 64.71% |
| 1 Yr | 7.9% | -31.1% | 111.2% | 52.94% |
| 3 Yr | -6.4%* | -44.5% | 22.8% | 58.82% |
| 5 Yr | 4.3%* | -25.5% | 28.6% | 68.75% |
| 10 Yr | 6.2%* | -0.6% | 17.1% | 58.82% |
* Annualized
Return Ranking - Calendar
| Period | FAN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -4.8% | -34.8% | 38.7% | 58.82% |
| 2022 | -14.4% | -72.7% | 8.2% | 35.29% |
| 2021 | -13.1% | -31.7% | 27.4% | 69.70% |
| 2020 | 59.1% | -29.0% | 233.6% | 31.25% |
| 2019 | 27.8% | -2.0% | 66.0% | 44.44% |
Total Return Ranking - Trailing
| Period | FAN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.3% | -33.4% | 100.1% | 64.71% |
| 1 Yr | 7.9% | -31.1% | 111.2% | 52.94% |
| 3 Yr | -6.4%* | -44.5% | 22.8% | 58.82% |
| 5 Yr | 4.3%* | -25.5% | 28.6% | 68.75% |
| 10 Yr | 6.2%* | -0.6% | 17.1% | 58.82% |
* Annualized
Total Return Ranking - Calendar
| Period | FAN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -3.2% | -33.0% | 39.0% | 58.82% |
| 2022 | -13.1% | -72.7% | 8.2% | 32.35% |
| 2021 | -11.6% | -31.7% | 28.3% | 66.67% |
| 2020 | 61.2% | -28.9% | 233.9% | 31.25% |
| 2019 | 31.2% | 0.4% | 66.5% | 40.74% |
FAN - Holdings
Concentration Analysis
| FAN | Category Low | Category High | FAN % Rank | |
|---|---|---|---|---|
| Net Assets | 188 M | 3.78 M | 31.2 B | 70.59% |
| Number of Holdings | 54 | 20 | 389 | 47.06% |
| Net Assets in Top 10 | 104 M | 2.31 M | 5.86 B | 73.53% |
| Weighting of Top 10 | 52.83% | 11.2% | 90.3% | 58.82% |
Top 10 Holdings
- Orsted AS 8.62%
- EDP Renovaveis SA 7.95%
- Vestas Wind Systems A/S 7.22%
- Northland Power Inc 6.12%
- BOFA SECURITIES INC 4.79%
- JP MORGAN SECURITIES LLC 4.60%
- China Longyuan Power Group Corp Ltd 3.87%
- Boralex Inc 3.56%
- Cadeler A/S 3.13%
- Nordex SE 2.97%
Asset Allocation
| Weighting | Return Low | Return High | FAN % Rank | |
|---|---|---|---|---|
| Stocks | 99.93% | 0.00% | 101.10% | 20.59% |
| Other | 9.39% | -0.16% | 91.95% | 20.59% |
| Preferred Stocks | 0.00% | 0.00% | 45.68% | 35.29% |
| Convertible Bonds | 0.00% | 0.00% | 3.05% | 27.27% |
| Cash | 0.00% | 0.00% | 82.22% | 94.12% |
| Bonds | 0.00% | 0.00% | 97.85% | 29.41% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FAN % Rank | |
|---|---|---|---|---|
| Utilities | 66.75% | 0.00% | 85.14% | 8.00% |
| Industrials | 30.69% | 0.00% | 90.47% | 20.00% |
| Consumer Cyclical | 1.94% | 0.00% | 34.19% | 72.00% |
| Basic Materials | 0.63% | 0.00% | 17.92% | 56.00% |
| Technology | 0.00% | 0.00% | 72.56% | 84.00% |
| Real Estate | 0.00% | 0.00% | 16.54% | 52.00% |
| Healthcare | 0.00% | 0.00% | 65.82% | 44.00% |
| Financial Services | 0.00% | 0.00% | 95.51% | 44.00% |
| Energy | 0.00% | 0.00% | 32.10% | 44.00% |
| Communication Services | 0.00% | 0.00% | 16.38% | 28.00% |
| Consumer Defense | 0.00% | 0.00% | 50.44% | 36.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FAN % Rank | |
|---|---|---|---|---|
| Non US | 83.75% | 0.00% | 83.75% | 2.94% |
| US | 16.18% | 0.00% | 101.10% | 82.35% |
FAN - Expenses
Operational Fees
| FAN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.64% | 0.41% | 5.61% | 70.59% |
| Management Fee | 0.40% | 0.25% | 1.90% | 8.82% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 8.33% |
| Administrative Fee | N/A | 0.03% | 0.19% | N/A |
Sales Fees
| FAN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| FAN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FAN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 124.00% | 55.26% |
FAN - Distributions
Dividend Yield Analysis
| FAN | Category Low | Category High | FAN % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.17% | 0.00% | 12.45% | 32.35% |
Dividend Distribution Analysis
| FAN | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| FAN | Category Low | Category High | FAN % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.34% | -2.66% | 5.19% | 23.53% |
Capital Gain Distribution Analysis
| FAN | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 26, 2024 | $0.047 | OrdinaryDividend |
| Jun 27, 2024 | $0.127 | OrdinaryDividend |
| Mar 21, 2024 | $0.026 | OrdinaryDividend |
| Dec 22, 2023 | $0.038 | OrdinaryDividend |
| Sep 22, 2023 | $0.079 | OrdinaryDividend |
| Jun 27, 2023 | $0.125 | OrdinaryDividend |
| Mar 24, 2023 | $0.041 | OrdinaryDividend |
| Dec 23, 2022 | $0.044 | OrdinaryDividend |
| Sep 23, 2022 | $0.087 | OrdinaryDividend |
| Jun 24, 2022 | $0.096 | OrdinaryDividend |
| Mar 25, 2022 | $0.033 | OrdinaryDividend |
| Dec 23, 2021 | $0.056 | OrdinaryDividend |
| Sep 23, 2021 | $0.143 | OrdinaryDividend |
| Jun 24, 2021 | $0.113 | OrdinaryDividend |
| Mar 25, 2021 | $0.052 | OrdinaryDividend |
| Dec 24, 2020 | $0.027 | OrdinaryDividend |
| Sep 24, 2020 | $0.034 | OrdinaryDividend |
| Jun 25, 2020 | $0.093 | OrdinaryDividend |
| Mar 26, 2020 | $0.040 | OrdinaryDividend |
| Dec 13, 2019 | $0.103 | OrdinaryDividend |
| Sep 25, 2019 | $0.057 | OrdinaryDividend |
| Jun 14, 2019 | $0.102 | OrdinaryDividend |
| Mar 21, 2019 | $0.092 | OrdinaryDividend |
| Dec 18, 2018 | $0.057 | OrdinaryDividend |
| Sep 14, 2018 | $0.063 | OrdinaryDividend |
| Jun 21, 2018 | $0.147 | OrdinaryDividend |
| Mar 22, 2018 | $0.040 | OrdinaryDividend |
| Sep 21, 2017 | $0.055 | OrdinaryDividend |
| Jun 22, 2017 | $0.241 | OrdinaryDividend |
| Mar 23, 2017 | $0.047 | OrdinaryDividend |
| Dec 21, 2016 | $0.559 | OrdinaryDividend |
| Sep 21, 2016 | $0.048 | OrdinaryDividend |
| Jun 22, 2016 | $0.050 | OrdinaryDividend |
| Mar 23, 2016 | $0.050 | OrdinaryDividend |
| Dec 23, 2015 | $0.067 | OrdinaryDividend |
| Sep 23, 2015 | $0.038 | OrdinaryDividend |
| Jun 24, 2015 | $0.144 | OrdinaryDividend |
| Mar 25, 2015 | $0.019 | OrdinaryDividend |
| Dec 23, 2014 | $0.146 | OrdinaryDividend |
| Sep 23, 2014 | $0.028 | OrdinaryDividend |
| Jun 24, 2014 | $0.063 | OrdinaryDividend |
| Mar 25, 2014 | $0.028 | OrdinaryDividend |
| Dec 18, 2013 | $0.019 | OrdinaryDividend |
| Sep 20, 2013 | $0.017 | OrdinaryDividend |
| Jun 21, 2013 | $0.040 | OrdinaryDividend |
| Mar 21, 2013 | $0.005 | OrdinaryDividend |
| Dec 21, 2012 | $0.025 | OrdinaryDividend |
| Sep 21, 2012 | $0.088 | OrdinaryDividend |
| Jun 21, 2011 | $0.058 | OrdinaryDividend |
| Jun 22, 2010 | $0.092 | OrdinaryDividend |
| Dec 22, 2009 | $0.267 | OrdinaryDividend |
| Jun 23, 2009 | $0.055 | OrdinaryDividend |
| Dec 23, 2008 | $0.041 | OrdinaryDividend |
FAN - Fund Manager Analysis
Managers
David McGarel
Start Date
Tenure
Tenure Rank
Jun 16, 2008
13.96
14.0%
David G. McGarel, CFA, was born in 1966. Mr. McGarel earned a B.S. in Accounting from the University of Notre Dame. He has been with First Trust Advisors L.P. since 1997 and he is a Managing Director, Chief Operating Officer and the Chief Investment Officer. As head of FTA’s Strategy Research Group, Mr. McGarel shall be responsible for developing and implementing quantitative investment strategies for those Funds that have investment policies that require them to follow such strategies, on behalf of the Investment Committee.
Daniel Lindquist
Start Date
Tenure
Tenure Rank
Jun 16, 2008
13.96
14.0%
Daniel J. Lindquist, CFA, was born in 1970. Mr. Lindquist earned a B.A. in Business Economics from Wheaton College and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2004 and is a Managing Director. Mr. Lindquist is the Chairman of the Investment Committee and is responsible for the overall supervision of the Separate Managed Accounts.
Jon Erickson
Start Date
Tenure
Tenure Rank
Jun 16, 2008
13.96
14.0%
Jon C. Erickson, CFA, was born in 1966. Mr. Erickson earned a B.S. in Computer Science from the University of Illinois and has an MBA from the University of Illinois in Finance. He has been with First Trust Advisors L.P. since 1994 and he is a Portfolio Manager and Senior Vice President. As the head of FTA’s Equity Research Group, Mr. Erickson shall be responsible for determining the securities to be purchased and sold by Funds that do not utilize quantitative investment strategies on behalf of the Investment Committee.
Stan Ueland
Start Date
Tenure
Tenure Rank
Jun 16, 2008
13.96
14.0%
Mr. Ueland joined First Trust Advisors as a Vice President in August 2005 and has been a Senior Vice President of First Trust and FTP since September 2012. At First Trust, he plays an important role in executing the investment strategies of each portfolio of exchange-traded funds advised by First Trust. Before joining First Trust, he was vice president of sales at BondWave LLC from May 2004 through August 2005, an account executive for Mina Capital Management LLC and Samaritan Asset Management LLC from January 2003 through May 2004, and a sales consultant at Oracle Corporation from January 1997 through January 2003.
Roger Testin
Start Date
Tenure
Tenure Rank
Jun 16, 2008
13.96
14.0%
Roger F. Testin, CFA, was born in 1966. Mr. Testin earned a B.S. in Accounting from the University of Illinois and has an MBA in Finance from the University of Chicago. He has been with First Trust Advisors L.P. since 2001 and he is a Portfolio Manager and Senior Vice President. As Product Manager for the VA’s, SMA’s and International Managed Products, Mr. Testin shall be responsible for the daily implementation and execution of the strategies for these product vehicles on behalf of the Investment Committee.
Chris Peterson
Start Date
Tenure
Tenure Rank
Mar 18, 2016
6.21
6.2%
Chris A. Peterson, CFA was born in 1975. Mr. Peterson earned a B.S in Finance from Bradley University and has an MBA from the University of Chicago Booth School of Business with concentrations in Analytic Finance & Accounting. He has been with First Trust Advisors L.P. since 2000. As head of FTA’s Portfolio Advisor’s Strategy Research Group, Mr. Peterson shall be responsible for developing and implementing quantitative equity strategies on behalf of the Investment Committee.
Erik Russo
Start Date
Tenure
Tenure Rank
Feb 01, 2021
1.33
1.3%
Mr. Russo is a Vice President of First Trust. He is responsible for implementing the investment strategies of each portfolio of exchange-traded funds advised by First Trust in his role as a Portfolio Manager. Mr. Russo joined First Trust in January of 2010.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 1.25 | 23.1 | 9.26 | 22.93 |
