The AI (ChatGPT) ESG Stock Investing Guide: First Trust Global Wind Energy ETF (FAN)

Here is the response from ChatGPT for the prompt First Trust Global Wind Energy ETF (FAN) components fees AUM price history ESG rating 700 words entered on April 17, 2023.

The First Trust Global Wind Energy ETF (FAN) is a renewable energy ETF that invests in companies involved in the wind energy industry. In this response, I will provide an overview of the ETF's components, fees, AUM, price history, and ESG rating.

Components: The FAN ETF invests in companies that are involved in the wind energy industry, including manufacturers of wind turbines and components, developers and operators of wind farms, and utilities that generate electricity from wind power. Some of the ETF's top holdings include Vestas Wind Systems, Siemens Gamesa Renewable Energy, and Orsted.

Fees: The FAN ETF has a net expense ratio of 0.62%, which is relatively low compared to other renewable energy ETFs. However, it is higher than the average expense ratio for all ETFs, which is around 0.44%. Additionally, investors should be aware that there may be other transaction fees and expenses associated with buying and selling shares of the ETF.

AUM: As of April 17th, 2023, the FAN ETF has an AUM of approximately $800 million. This is a relatively small ETF compared to others, but it has grown in popularity in recent years as more investors look to invest in renewable energy.

Price history: The FAN ETF was launched in June 2008 and has had a volatile price history. It experienced significant growth in the years following its launch, reaching an all-time high of $25.76 in February 2011. However, it then experienced a significant decline, dropping to a low of $4.85 in February 2016. Since then, it has recovered somewhat, but it has still not reached its previous highs. As of April 17th, 2023, the ETF is trading at around $15.50 per share.

ESG rating: The FAN ETF has an ESG rating of "BB" from MSCI ESG Fund Metrics, which is considered to be a moderate rating. The rating takes into account the ETF's exposure to companies with good environmental, social, and governance (ESG) practices. This includes factors such as energy efficiency, carbon emissions, labor practices, and board diversity. However, the ETF does have exposure to some companies that have been involved in controversies related to ESG issues, such as allegations of corruption or human rights abuses. Investors should consider the ETF's ESG rating when deciding whether to invest in it.

Conclusion: The First Trust Global Wind Energy ETF (FAN) is a renewable energy ETF that invests in companies involved in the wind energy industry. It has a relatively low net expense ratio but has a volatile price history. The ETF's AUM is relatively small but has grown in popularity in recent years. It has a moderate ESG rating, taking into account its exposure to companies with good ESG practices, but also some exposure to companies that have been involved in controversies related to ESG issues. Overall, investors should carefully consider the FAN ETF's components, fees, AUM, price history, and ESG rating before deciding whether to invest in it.

Table and Chart of FAN Performance (From buyupside.com. Not from chatGPT.)

See what a $1,000 investment in First Trust Global Wind Energy ETF (FAN) is worth today.

Values are based on monthly closes adjusted for splits and dividends from Alpha Vantage.

FAN Returns
Start DateMar-31-2014
Start Price$9.43
End DateMar-27-2024
End Price$15.50
# Prices121
Min DateDec-31-2014
Min Price$8.13
Max DateJan-29-2021
Max Price$22.31
Total Return64.42%
Annualized Return5.06%
Current Value of $1,000 Purchase$1,644
Number Returns7,260
Average Return37.39%
Number Profitable Returns6,043
Percent Profitable Returns83.24%
Number Unprofitable Returns1,217
Percent Unprofitable Returns16.76%
Profitable to Unprofitable Returns Ratio4.97
Dividend Chart





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