Do you know ghouls from goblins and ghosts?
"fairy," late 14c., from Old French fae (12c., Modern French fée), from Vulgar Latin *fata "goddess of fate," fem. singular of Latin fata (neuter plural), literally "the Fates" (see fate). Adjective meaning "homosexual" is attested from 1950s.
[1950s+ Homosexuals; fr earlier fay, ''fairy'']