First Trust Global Wind Energy ETF (FAN) is a clean-energy ETF. As of October 28, 2026, ETF Copilot scores FAN 4.0 out of 10 — highest on Growth (7.6), lowest on Quality (1.9). It trades at 18.8 times earnings, against its own median of 15.5. Its ten largest holdings are 53% of the fund.
What stands out in FAN's data
A global ETF focused on wind energy companies.
Trades at a lower price than most clean-energy peers — you pay less for each dollar of earnings.
Its EBITDA multiple of 9.5x sits below the category median of 11.0x, and return on invested capital of 13.2% tops the peer norm of 10.4%.
Adds targeted exposure to the global wind energy industry at a below-average valuation.
How is FAN rated? ETF Copilot scores First Trust Global Wind Energy ETF (FAN) 4.0 out of 10
As of October 28, 2026, ETF Copilot scores First Trust Global Wind Energy ETF (FAN) 4.0 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.0 / 10
- Growth: 7.6 / 10
- Value: 5.0 / 10
- Risk: 2.5 / 10
- Quality: 1.9 / 10
- Return: 2.3 / 10
Is FAN expensive right now? It trades at 18.8 times earnings, against its own median of 15.5
As of October 28, 2026, FAN is more expensive than 61% of its own last 9 years.
Trailing 12 months, built from FAN's holdings. How we calculate this →
What's inside FAN?
What's inside FAN: Size (Large 19%, Mid 53%, Small 28%); Geography (International 89%, US 11%).
What are FAN's top holdings? The ten largest are 53% of the fund
Nordex SE, Dong Energy A/S, EDP Renovaveis, Vestas Wind Systems A/S, China Longyuan Power, Cadeler A/S, ERG SPA, CS Wind, Xinjiang Goldwind Sci&tec and Iberdrola are FAN's largest holdings, in that order.
Less concentrated than 59% of Clean Energy ETFs.
Half of FAN's weight sits in its 9 largest positions, and once those weights are taken into account it behaves like 24 equally weighted holdings.
What is FAN's expense ratio? 0.61% a year
As of October 28, 2026, FAN charges 0.61% a year, yields 1.00% and holds $190M in assets across 46 positions.
| Measure | FAN |
|---|---|
| Expense ratio | 0.61% |
| Dividend yield | 1.00% |
| Assets under management | $190M |
| Holdings | 46 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “First Trust Global Wind Energy ETF (FAN) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/fan
ETF Copilot Pro unlocks FAN's price and what each holding weighs.
Try Pro free →