FAN — First Trust Global Wind Energy ETF

FAN Price Performance — Growth of $10,000

Value of a $10,000 investment in FAN over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

FAN Drawdown

The "underwater" chart: FAN's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The First Trust Global Wind Energy ETF (FAN) operates within the Thematic category, where ETFValuer tracks a total of 17 funds. Issued by First Trust, this fund holds an overall rank of #338 out of 458 tracked ETFs across all categories and carries an ETFValuer grade of C with a score of 54.3 out of 100. The fund trades at a price of $24.20 with assets under management totaling $304 million, suggesting a moderate level of investor adoption relative to larger peers. It charges an expense ratio of 0.6% and offers a dividend yield of 0.94%. The combination of a mid-tier grade and a specific rank within a small category of 17 funds highlights its position among thematic alternatives. Its asset size of $304 million reflects the current scale of capital allocated to this specific wind energy strategy.

Recent performance data shows a daily decline of 0.58% followed by a weekly gain of 0.25%, indicating short-term volatility. Over the past month, the fund returned -1.52%, while the three-month period saw a deeper decline of -6.05%. However, the trend reversed over longer horizons, with a six-month return of +11.87% and a year-to-date gain of +14.34%. The one-year return stands at +26.60%, and the three-year return is significantly higher at +47.16%. This pattern demonstrates a divergence where short-term losses contrast with strong multi-year growth, suggesting a recovery or acceleration in the longer-term trajectory.

The fund is assigned a Moderate volatility label and has a beta of 0.98, indicating price movements that generally align closely with the broader market. A Sharpe ratio of 1.06 suggests that the returns generated have been efficient relative to the risk taken over the measured period. Despite these positive metrics, the fund experienced a maximum drawdown of -24.14%, highlighting the potential for significant temporary losses during market downturns. The combination of a beta near 1.0 and a moderate volatility rating implies the fund does not amplify market swings but still participates fully in them. Investors should note that while the Sharpe ratio indicates good risk-adjusted returns, the substantial drawdown figure underscores the inherent risks in this thematic sector.

AI-generated summary based on the data on this page.

FAN Top Holdings

Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 55.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how FAN's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With FAN

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with FAN's top 10 — TAN overlaps most, holding 1 of the same companies as FAN's top 10 (3.9% of FAN's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

FAN Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 11.68% and average daily volume is 95K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $304M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: FAN is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

FAN Performance History

How FAN Compares to Other Thematic ETFs