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FAN ETF Profile


Family: First Trust
Name: First Trust Global Wind Energy ETF
Inception Date: 16-Jun-2008
Termination Date:
Investment Objective: First Trust Global Wind Energy ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Funds fees and expenses, of an equity index called the ISE Clean Edge Global Wind Energy Index. Companies in the index universe that are identified as providing goods and services exclusively to the wind energy industry are given an aggregate weight of 66.67% of the index.Those companies determined to be significant participants in the wind energy industry despite not being exclusive to such industry are given an aggregate weight of 33.33% of the index.This weighting is done to ensure that companies that are exclusive to the wind energy industry, which generally have smaller market capitalizations relative to their multi-industry counterparts, are adequately represented in the index. The index uses a modified market capitalization weighted methodology for each group of companies.
Prospectus
Top 10 Holdings
Vestas Wind Systems A/S VWS 10.1512%
Nordex SE NDX1 7.3505%
EDP Renovaveis SA EDPR 7.1867%
Orsted A/S ORSTED 5.3162%
Enlight Renewable Energy Ltd. ENLT 5.2440%
Northland Power Inc. NPI 5.0790%
China Longyuan Power Group Corporation Limited (Class H) 916 3.1546%
Boralex Inc. BLX 2.7580%
Siemens Energy AG ENR 2.4861%
ERG SpA ERG 2.4309%
Top 10 Holdings Weight: 51.2%
Number of Holdings: 51
Shares Outstanding: 9,800,002
Total Net Assets: 196,254,800
NAV: 20.08
Net Expense Ratio: 0.60%
Asset Class: Equities (Stocks)
Developed or Emerging: Funds Combining Developed & Emerging Exposure
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Is Currency Hedged: No
US or Ex-US: Global
Market Data Delayed 15 Minutes