First Trust Global Wind Energy ETFFirst Trust Global Wind Energy ETFFirst Trust Global Wind Energy ETF

First Trust Global Wind Energy ETF

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Key stats

Assets under management (AUM)
‪191.37 M‬USD
Fund flows (1Y)
‪−42.57 M‬USD
Dividend yield (indicated)
1.63%
Discount/Premium to NAV
0.3%

About First Trust Global Wind Energy ETF

Issuer
AJM Ventures LLC
Brand
First Trust
Expense ratio
0.60%
Inception date
Jun 16, 2008
Index tracked
ISE Clean Edge Global Wind Energy Index
Management style
Passive
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 funds weighting and position limits. The index is reconstituted and rebalanced semi-annually.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Renewable energy
Strategy
Vanilla
Weighting scheme
Tiered
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Utilities
Producer Manufacturing
Stock breakdown by region
0.6%28%55%0.6%15%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy