Wind vs. SolarWind energy finished slightly lower relative to Solar this week.
Interesting relationship, both industries had very strong weeks.
TAN +6.04%
FAN +6.29%
Key stats
About First Trust Global Wind Energy ETF
Expense ratio
0.60%
Home page
Inception date
Jun 16, 2008
ISIN
US33736G1067
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
What's in the fund
Exposure type
Utilities
Producer Manufacturing
Stock breakdown by region
