17-Jul-2026
No press releases found.
Green reforms? Europe is facing its ultimate climate reckoning
Seeking Alpha News (Fri, 17-Jul 7:19 AM ET)
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.
First Trust Global Wind Energy ETF trades on the ARCA stock market under the symbol FAN.
As of July 17, 2026, FAN stock price declined to $24.04 with 28,069 million shares trading.
FAN has a beta of 0.50, meaning it tends to be less sensitive to market movements. FAN has a correlation of 0.13 to the broad based SPY ETF.
FAN has a market cap of $281.29 million. This is considered a Small Cap stock.
In the last 3 years, FAN traded as high as $27.30 and as low as $13.21.
FAN has outperformed the market in the last year with a return of +30.4%, while the SPY ETF gained +19.5%. However, in the most recent history, FAN shares have underperformed the stock market with its stock returning -5.6% in the last 3 month period and -3.2% for the last 2 week period, while SPY has returned +4.9% and -0.2%, respectively.
FAN support price is $23.81 and resistance is $24.47 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FAN shares will trade within this expected range on the day.
