First Trust Global Wind Price, Forecast, Insider, Ratings, Fundamentals & Signals

While there are notable challenges, particularly in the U.S., the long-term outlook for the global wind market remains positive, driven by strong growth in offshore wind capacity and supportive government policies in various regions.

Investing in wind energy stocks aligns with the global transition towards renewable energy and offers the potential for outsized gains. First Trust Global Wind Energy ETF focuses on the wind energy industry and has accumulated $210 million in assets under management. FAN's portfolio includes companies involved in wind energy activities, with top holdings including Ørsted, EDP Renováveis, and Vestas.

The First Trust Global Wind Energy ETF offers targeted exposure to the wind energy industry and has shown significant growth amid market downturns, with a 50% increase in returns in the past five years. Despite struggling since its inception, FAN outperforms its closest competitors and is popular among investors, with a higher average daily share volume compared to its peers. With improving macroeconomic conditions and a focus on Denmark, a leading pioneer in the wind energy space, the wind energy sector has the potential for growth and development in the long term.

First Trust Global Wind Energy ETF offers an interesting renewable energy investment opportunity, with a net expense ratio of 0.60% and net assets under management of $268.6 million. FAN's largest holding is Ørsted A/S, a Danish multinational energy company that has built more offshore wind farms than any other developer in the world. The ETF has a five-year IRR potential of 11.41% and an equity risk premium of 6.5-7.5%, suggesting undervaluation and a strong long-term opportunity for investors.

Devon Energy will pay out up to half its oil-fueled cash flows via a variable dividend this year. Pioneer Natural Resources' variable dividend framework is even higher at 75%.

CNBC's Pippa Stevens joins 'Squawk on the Street' to discuss underperformance in clean energy stocks, rising rates offsetting alternative energy tailwinds and stand out stocks in the clean energy market.

The broad market is down this year, but solar stocks are outperforming by a significant margin. Looking forward at the economy over the next 10-20 years, solar is among the most likely industries to see 20% or higher annual growth.

Conditions in Europe, the US, Asia, (everywhere!) are favourable for massive wind expansion. There are many challenges involved with electrification through wind power, but these are out in the open and being addressed today.

This segment originally aired on September 22, 2022. EY's Global Vice Chair of Sustainability Steve Varley joins Yahoo Finance Live anchors Akiko Fujita to discuss the crossroads ESG is at, where sustainable investing goes from here, the policiticization of the practice, and differences between the U.S. and Europe.

Exposure to environmental progress could be a good idea in the current market environment.