(FAN) Global Wind Energy - Overview
ETF Category: Miscellaneous Sector | Exchange: NYSE ARCA (USA) | Market Cap: 317m USD | Total Return: 51.1% in 12m
Avg Turnover: 2.68M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The First Trust Global Wind Energy ETF (FAN) tracks a market-cap weighted index of public companies globally that are integrated into the wind energy value chain. The fund maintains a concentrated mandate, investing at least 90% of its assets in common stocks and depositary receipts of firms involved in wind power generation, equipment manufacturing, or infrastructure development.
The wind energy sector relies on a blend of utility-scale operators and specialized manufacturers that produce turbines, blades, and offshore foundations. This industry is characterized by high capital expenditure requirements and long-term power purchase agreements (PPAs), which provide predictable revenue streams once projects become operational. Assessing the underlying fundamentals of these holdings on ValueRay can help clarify their long-term growth potential.
As a non-diversified fund, FAN focuses its exposure on a specific subset of the renewable energy market rather than the broader utilities sector. This structure allows for targeted participation in the global transition toward wind-generated electricity, though it increases sensitivity to industry-specific regulatory shifts and raw material costs.
- Global government subsidies and tax credits drive wind project profitability
- High interest rates increase capital costs for offshore wind developers
- Supply chain constraints and turbine reliability issues impact manufacturer margins
- Expansion of national power grids facilitates integration of new wind capacity
- Geopolitical shifts toward energy independence accelerate European wind energy investment
As of June 04, 2026, the stock is trading at USD 25.87 with a total of 99,334 shares traded.
Over the past week, the price has changed by -0.84%,
over one month by -2.78%,
over three months by +10.23% and
over the past year by +51.05%.
Global Wind Energy has no consensus analysts rating.