Wind ETFs
A comprehensive list of Wind ETFs trading on U.S. exchanges
Table Guide
ColumnDescription
Assets ($M)ETF assets in USD millions
Exp RatioExpense Ratio
% Off HiCurrent Price / 52wk High - 1
% Off LoCurrent Price / 52wk Low - 1
ManchinPrice return since 6/30/2022, the day Joe Manchin announced support for Inflation Reduction Act

Wind ETFs 5Y Performance

Offshore Wind FAQ

What are the advantages of offshore wind?
  • Reduced need for land-based transmission capacity
      • Offshore wind farms can be located closer to populated coastal areas, minimizing the requirement for extensive transmission infrastructure over land.
  • Flexibility and cost-effectiveness
      • Offshore wind provides an alternative energy source when onshore resources, such as wind or solar, become more expensive than anticipated.
  • Overcoming hurdles faced by onshore projects
      • Offshore wind projects encounter fewer challenges related to land acquisition, local opposition, and permitting.
  • Higher capacity factors and diverse generation profiles
      • Offshore wind benefits from stronger and more consistent winds, resulting in higher capacity factors and a greater proportion of installed capacity being utilized. Additionally, its different generation profile helps balance the variability of land-based solar and wind, contributing to a more reliable and stable energy mix.
What are the disadvantages of offshore wind?
  • Higher upfront costs
      • Offshore wind projects generally require significant initial CAPEX due to complex engineering, construction, and installation processes, making them more costly than onshore wind projects.
  • Longer project timelines
      • Compared to onshore projects, offshore wind farms typically have longer development timelines due to regulatory requirements, environmental assessments, and the need for more extensive planning and coordination.
  • Technical and logistical complexities
      • Building and maintaining offshore wind farms involve working in harsh marine conditions, requiring specialized equipment, vessels, and skilled personnel. This increases operational and maintenance costs.
  • Grid connection challenges
      • Connecting offshore wind farms to the onshore power grid can be challenging, requiring the installation of undersea cables, which adds complexity and costs to the project.
What is floating offshore wind?
  • Floating offshore wind technology enables wind turbines to be installed in deep waters (greater than 60m or 200ft deep), where traditional fixed-bottom offshore wind installations are not feasible.
  • This is done by anchoring wind turbines to floating structures, such as semi-submersible platforms or tension-leg platforms, allowing them to harness wind energy in areas farther offshore.
  • The United States is targeting deployment of 15GW in floating offshore wind capacity by 2035.
Which country has the most offshore wind power?
  • China has by far the most offshore wind power of any country in the world with 31.4GW installed capacity, 49% of the global total.
  • Following China is the U.K. with 14GW (22% of global total) and Germany with 8GW (13% of global total).
  • The Netherlands, Denmark and Belgium each have around 4% of the world’s total offshore wind capacity.

Source: Global Wind Energy Council, 2023

What is the largest offshore wind farm in the world?
  • Hornsea Project Two, located off the coast of England in the North Sea, is the largest offshore wind farm in the world with 165 turbines and 1.386GW capacity.
  • The project was commissioned in 2022 and uses Siemens Gamesa SG 8.0-167 DD turbine.
  • Hornsea Project One (1.218GW) is the second largest offshore wind project in the world.

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