FAN’s ascent could be viewed as the most impressive of the bunch because the ETF has no solar exposure and does not own shares of Tesla. Nor is the ETF particularly heavy on U.S. stocks. The U.S. is just FAN’s fourth-largest country weight at less than 12%, trailing Spain, Germany and Denmark. Throw in small weights to Sweden and France and FAN can also serve as avenue for investors to gain leverage to upside in European equities.
First Trust Global Wind Energy Fund
ETF Trends editorial team contributed to this article.