WNDY vs. FAN
Compare and contrast key facts about Global X Wind Energy ETF (WNDY) and First Trust Global Wind Energy ETF (FAN).
WNDY and FAN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WNDY is a passively managed fund by Global X that tracks the performance of the Solactive Wind Energy Index - Benchmark TR Gross. It was launched on Sep 8, 2021. FAN is a passively managed fund by First Trust that tracks the performance of the ISE Clean Edge Global Wind Energy Index. It was launched on Jun 16, 2008. Both WNDY and FAN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WNDY or FAN.
Key characteristics
| WNDY | FAN | |
|---|---|---|
| YTD Return | -13.60% | -2.05% |
| 1Y Return | -2.92% | 15.32% |
| 3Y Return (Ann) | -21.84% | -7.36% |
| Sharpe Ratio | -0.13 | 0.78 |
| Sortino Ratio | -0.00 | 1.20 |
| Omega Ratio | 1.00 | 1.15 |
| Calmar Ratio | -0.06 | 0.35 |
| Martin Ratio | -0.34 | 2.81 |
| Ulcer Index | 9.66% | 5.39% |
| Daily Std Dev | 25.64% | 19.51% |
| Max Drawdown | -56.60% | -81.36% |
| Current Drawdown | -55.01% | -34.81% |
Correlation
The correlation between WNDY and FAN is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WNDY vs. FAN - Performance Comparison
In the year-to-date period, WNDY achieves a -13.60% return, which is significantly lower than FAN's -2.05% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WNDY vs. FAN - Expense Ratio Comparison
WNDY has a 0.50% expense ratio, which is lower than FAN's 0.62% expense ratio.
Risk-Adjusted Performance
WNDY vs. FAN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Wind Energy ETF (WNDY) and First Trust Global Wind Energy ETF (FAN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
WNDY vs. FAN - Dividend Comparison
WNDY's dividend yield for the trailing twelve months is around 1.03%, less than FAN's 1.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WNDY Global X Wind Energy ETF | 1.03% | 1.40% | 0.71% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FAN First Trust Global Wind Energy ETF | 1.49% | 1.72% | 1.50% | 1.80% | 0.83% | 2.42% | 2.68% | 2.59% | 6.04% | 2.36% | 2.61% | 0.71% |
Drawdowns
WNDY vs. FAN - Drawdown Comparison
The maximum WNDY drawdown since its inception was -56.60%, smaller than the maximum FAN drawdown of -81.36%. Use the drawdown chart below to compare losses from any high point for WNDY and FAN. For additional features, visit the drawdowns tool.
Volatility
WNDY vs. FAN - Volatility Comparison
Global X Wind Energy ETF (WNDY) has a higher volatility of 12.04% compared to First Trust Global Wind Energy ETF (FAN) at 7.83%. This indicates that WNDY's price experiences larger fluctuations and is considered to be riskier than FAN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.