Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the First Trust ISE Global Wind Energy (NYSE: FAN ) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at First Trust ISE Global Wind Energy and see what CAPS investors are saying about the ETF right now.
First Trust ISE Global Wind Energy facts
| Inception |
June 2008 |
| Total Assets |
$36.2 million |
| Investment Approach |
Seeks investment results that correspond to the ISE Global Wind Energy Index, which tracks public companies throughout the world that are active in the wind energy industry based on analysis of the products and services offered by those companies. |
| Expense Ratio |
0.60% |
| 3-Month / 1-Year / 3-Year Return |
(3.4%) / (15.7%) / (11.6%) |
| Top Holdings with High CAPS Rating (4 or 5 Stars) and Portfolio Weight |
Duke Energy (NYSE: DUK ) (1.6%)
BP (NYSE: BP ) (1.5%)
General Electric (NYSE: GE ) (1.5%) |
| Dividend Yield |
0.7% |
| Alternatives |
PowerShares Global Wind Energy (Nasdaq: PWND )
PowerShares Global Clean Energy (NYSE: PBD ) |
Sources: Morningstar and Motley Fool CAPS.
On CAPS, 98% of the 287 members who have rated First Trust ISE Global Wind Energy believe the ETF will outperform the S&P 500 going forward. These bulls include holyem0 and All-Star rudolphsteiner, who is ranked in the top 5% of our community.
Having gotten on board a couple of years ago, holyem0 touched on the ETF's appeal: "Wind is the world's fastest growing energy supply. ... This ETF captures a global array (most major manufacturers are foreign) of wind companies without requiring access and/or tinkering in foreign exchanges."
First Trust ISE Global Wind Energy even sports an expense ratio of 0.6%. That's lower than that of alternative ETFs like PowerShares Global Wind Energy and PowerShares Global Clean Energy, both of which have an expense ratio of 0.75%.
CAPS All-Star rudolphsteiner elaborates on the bull case:
Wind is one of the fastest growing renewable energy sectors globally, and much less speculative than solar (there are many profitable companies trading with almost reasonable P/E values). When I started investing in wind ... I had to pay large fees to invest on European exchanges in order to get the leading companies such as Gamesa or Vestas. FAN offers exposure to these and other international companies, plus a range of wind-related companies in the US. ... I expect volatility from this fund, but also growth.
What do you think about First Trust ISE Global Wind Energy, or any other ETF for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional ETFs is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!
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