FAN

Fund Description
First Trust Global Wind Energy ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an equity index called the ISE Clean Edge Global Wind Energy Index. Companies in the index universe that are identified as providing goods and services exclusively to the wind energy industry are given an aggregate weight of 66.67% of the index.Those companies determined to be significant participants in the wind energy industry despite not being exclusive to such industry are given an aggregate weight of 33.33% of the index.This weighting 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 uses a modified market capitalization weighted methodology for each group of companies.
Fund Profile
Fund Name First Trust Global Wind Energy ETF
Fund Exchange Ticker FAN
Fund Sponsor First Trust
Fund ISIN US33736G1067
Net Expense Ratio 0.60 %
Fund Inception Date 16 June 2008
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name ISE Clean Edge Global Wind Energy Index
Index Provider ISE
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 15 July 2019
Asset Under Management 75.20 Million (USD)
1 Month Total Return 2.67 %
Year To Date Return 20.07 %
1 Year Total Return 7.89 %
3 Year Annualized Total Return 6.03 %
NAV 13.55
Share Outstanding 5,550,000
Top 10 Holdings (15 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ORSTED A/S ORSTED EQUI 0.0972000000
SIEMENS GAMESA RENEWABLE ENE SGRE EQUI 0.0839000000
VESTAS WIND SYSTEMS A/S VWS EQUI 0.0808000000
NORTHLAND POWER INC NPI EQUI 0.0657000000
China Longyuan Power Group Corporation Limited (Class H) 916 EQUI 0.0537000000
PATTERN ENERGY GROUP INC -A PEGI EQUI 0.0422000000
RENEWABLES INFRASTRUCTURE GR TRIG EQUI 0.0401000000
BORALEX INC -A BLX EQUI 0.0333000000
NORDEX SE NDX1 EQUI 0.0288000000
Enel SpA ENEL.IM EQUI 0.0230000000