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About First Trust Global Wind Energy ETF
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Inception date
Jun 16, 2008
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
First Trust Advisors LP
Distributor
First Trust Portfolios LP
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Utilities
Producer Manufacturing
Stocks99.12%
Utilities59.19%
Producer Manufacturing31.88%
Process Industries3.82%
Industrial Services2.54%
Electronic Technology1.63%
Finance0.07%
Bonds, Cash & Other0.88%
Mutual fund0.81%
Cash0.07%
Stock breakdown by region
Europe54.26%
North America25.75%
Asia18.05%
Middle East1.05%
Latin America0.90%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history