Summary
FAN Chart
Disruptive Theme of the Week: Clean Energy
It may not have been on your investment bingo card, but one of the surprising outperforming investment themes this year has been clean energy. One catalyst has been the growing electricity demands related to the rise of AI.
FAN: I Expect A Downdraft Later This Year
Wind energy stocks have rallied recently, but I view this as a temporary surge rather than a sustainable turnaround. Wind faces structural economic challenges, including high input costs, complex logistics, and increasing opposition. Recent U.S. legislation accelerates the phaseout of wind and solar tax credits, threatening the viability of hundreds of planned renewable energy projects.
Real Asset ETFs: Really Underappreciated
Last week, I moderated two panels on real assets and infrastructure for completely different sets of panelists and audiences. Despite the differences, there were many similarities among the two panels.
First Trust Global Wind Energy ETF (FAN) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has First Trust Global Wind Energy ETF ever had a stock split?
First Trust Global Wind Energy ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is an investment entity that primarily focuses on the wind energy sector, making it an attractive option for investors interested in renewable energy sources. By committing at least 90% of its net assets, which includes funds obtained through investment borrowings, to common stocks and depositary receipts encompassing the index, it offers a targeted investment approach. This index serves as a comprehensive benchmark, tracking the performance of public companies worldwide that are actively involved in the wind energy industry. The criteria for a company's inclusion in the index are stringent, requiring active engagement in any facet of the wind energy sector. Despite its concentrated focus on wind energy, it's important to note that this fund is classified as non-diverse, meaning it invests in a limited number of assets which may lead to higher risk compared to diversified funds.
Products and Services
- Investment in Wind Energy Stocks and Depositary Receipts
This product focuses on investing in common stocks and depositary receipts of companies included in the wind energy index. It targets firms globally that are significantly involved in the wind energy sector, spanning from manufacturing and supplying wind turbines to providing maintenance and support services. The investment strategy is designed to capitalize on the growth of the wind energy industry by investing in companies with a substantial involvement in this renewable energy source.
- Wind Energy Industry Index Benchmarking
The service offers investors a benchmark to track the performance of companies active in the wind energy sector worldwide. This includes a diverse range of businesses contributing to the development and advancement of wind energy technologies. The benchmarking tool is crucial for investors looking to gauge the fund's performance against an industry-specific index, ensuring its alignment with the growth dynamics of the wind energy sector.
Contact Information
