First Trust Global Wind Energy ETF
The ETF.net FAN Grade
B
Score 57 out of 100
- 5 of 16
Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C40 out of 100Rank 10 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A90 out of 100Rank 1 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B59 out of 100Rank 7 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C52 out of 100Rank 9 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A74 out of 100Rank 5 of 16
Our read on FAN
In short
BWind, and only wind. Tracking a global index since 2008, FAN reserves 60% of the weight for pure-play turbine makers and wind-farm operators, with diversified multinationals taking the rest.
Stated mandate
The fund seeks to track, before fees and expenses, the price and yield performance of the ISE Clean Edge Global Wind Energy Index, an equity index focused on companies active in wind energy.
Why people hold it
Worth knowing
FAN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FAN$10,995
Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FAN |
|---|---|
| Year to date | +8.4% |
| 1 month | −3.4% |
| 3 months | −6.9% |
| 1 year | +9.9% |
| 3 years | +18.0% |
| 5 years | +1.7% |
| 10 years | +8.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FAN |
|---|---|---|
| 2026 YTD | +8.4% | |
| 2025 | +40.4% | |
| 2024 | −9.0% | |
| 2023 | −3.2% | |
| 2022 | −13.1% | |
| 2021 | −11.6% | |
| 2020 | +61.1% |
FAN in the news
FAN Dividends
- 0.94%
- $0.21
- $0.07 per share
- Quarterly
FAN Risk
- 20.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.72
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −36.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.98
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
FAN Cost
Overpaying vs ICLN, cheapest in Clean Energy
$4,111
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FAN 0.60%
$11,817
ICLN 0.38% Cheapest
$7,706
Cost over time
Year by year
| Year | FAN | ICLN | Overpaying |
|---|---|---|---|
| 10 | $1,076 | $688 | $388 |
| 20 | $4,116 | $2,658 | $1,458 |
| 30 | $11,817 | $7,706 | $4,111 |
You pay 0.60%Waived by First Trust 0.01%
Full fee 0.61% waiver 0.01% you pay 0.60%
Other funds in Clean Energy
- BCNRGState Street SPDR S&P Kensho Clean Power ETFExpense ratio 0.45%1 year return −22.5%
- BIBATiShares Energy Storage & Materials ETFExpense ratio 0.47%1 year return +12.9%
- BQCLNFirst Trust NASDAQ Clean Edge Green Energy Index FundExpense ratio 0.59%1 year return −5.2%
- CACESALPS Clean Energy ETFExpense ratio 0.55%1 year return −23.6%
- CPBWInvesco WilderHill Clean Energy ETFExpense ratio 0.63%1 year return −22.8%
