Is FAN a good investment?

First Trust Global Wind Energy ETF (FAN) is a clean-energy ETF. As of September 11, 2026, ETF Copilot scores FAN 4.0 out of 10 — highest on Growth (7.7), lowest on Valuation (1.9). It trades at 23.0 times earnings, against its own median of 15.9. Its ten largest holdings are 55% of the fund.

Updated September 11, 2026

How is FAN rated? ETF Copilot scores First Trust Global Wind Energy ETF (FAN) 4.0 out of 10

As of September 11, 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: 7.7 / 10
Valuation: 1.9 / 10
Risk: 2.1 / 10
Quality: 4.0 / 10
Return: 3.0 / 10

What is FAN's expense ratio? 0.61% a year

As of September 11, 2026, FAN charges 0.61% a year, yields 2.09% and holds $248M in assets across 47 positions.

First Trust Global Wind Energy ETF (FAN) — cost, income and size
Measure	FAN
Expense ratio	0.61%
Dividend yield	2.09%
Assets under management	$248M
Holdings	47

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.

What stands out in FAN's data

A global ETF focused on wind energy companies.

Its valuation is cheaper than the typical clean-energy fund.

Trailing EBITDA multiple of 12.9x, below the category median of 14.7x.

Adds targeted exposure to the wind energy segment within a broader clean-energy allocation.

Is FAN expensive right now? It trades at 23.0 times earnings, against its own median of 15.9

As of September 11, 2026, FAN is more expensive than 92% of its own 114 monthly readings since 2017 — 105 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside FAN?

What's inside FAN: Size (Large 28%, Mid 47%, Small 25%); Geography (International 84%, US 16%).

What are FAN's top holdings? The ten largest are 55% of the fund

Vestas Wind Systems A/S, Dong Energy A/S, Nordex SE, EDP Renovaveis, Northland Power, Enlight Renewable Energy, Arcosa, Prysmian SPA, China Longyuan Power and Timken are FAN's largest holdings, in that order.

More concentrated than 58% 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 22 equally weighted holdings.

Cite this

ETF Copilot, “First Trust Global Wind Energy ETF (FAN) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/fan