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, the fund currently holds $304 million in assets under management and trades at a price of $23.29. It carries an expense ratio of 0.6% and offers a dividend yield of 0.94%. Across all tracked categories, the ETF holds an overall rank of #384 out of 458 funds and has received an ETFValuer grade of D with a score of 49.1 out of 100. The combination of a mid-tier asset size and a lower overall ranking suggests a specific level of investor adoption relative to the broader universe of available funds. These metrics collectively define the fund's current standing as a specialized thematic vehicle with moderate cost and income characteristics.

Recent performance data shows a sharp decline over the shortest horizons, with the fund dropping 2.59% in one day, 4.24% over one week, and 4.35% over one month. This negative momentum extended into the three-month period, resulting in a return of -12.13%, before the trend reversed to show a 3.37% gain over six months. Year-to-date returns have turned positive at 10.04%, building on a strong one-year return of 20.84%. The longer-term trajectory remains robust, with the fund posting a 3-year return of 46.33%. This pattern indicates a significant divergence between recent short-term losses and sustained long-term growth over the past three years.

The fund is assigned a Moderate volatility label and exhibits a beta of 0.98, indicating price movements that generally align closely with the broader market. A Sharpe ratio of 0.77 suggests the fund has generated a moderate amount of risk-adjusted return relative to its volatility. However, the maximum drawdown of -24.14% highlights the potential for significant temporary losses during market downturns. This combination of a near-market beta and a substantial drawdown implies that while the fund tracks market direction, it can experience deep declines that test investor tolerance. The moderate volatility rating aligns with these figures, reflecting a risk profile that is neither exceptionally stable nor extremely erratic.

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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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 — and average daily volume is 98K/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