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iShares Global Timber & Forestry ETF

WOOD
$
Today’s Change
()

Snapshot
*

Inception Date
Jun 24, 2008
Expense Ratio
0.42%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,003,810
AUM
$198,917,040
Associated Index
S&P Global Timber & Forestry Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

SUZB3
Suzano S.A.
7.94%
WY
Weyerhaeuser Co.
7.33%
SCA B
Svenska Cellulosa AB - Ordinary Shares - Class B
6.88%
IP
International Paper Co.
6.28%
WRK
WestRock Co
4.81%
STERV
Stora Enso Oyj - Ordinary Shares - Class R
4.54%
KLBN11
Klabin S.A. - Unit (1 Ord shares & 4 Pref shares)
4.47%
3861
Oji Holdings Corporation
4.35%
UPM
UPM-Kymmene Oyj
4.34%
SK3
Smurfit Kappa Group Plc
4.27%

What is WOOD?

The iShares S&P Global Timber & Forestry Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Global Timber & Forestry Index.

1M
3M
6M
YTD
1Y
3Y
Max

WOOD
Performance Measures**

for the time period Jun 25, 2008 to Dec 4, 2025

Returns

1M Trailing Return: 3.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: -5.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -63.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 24.6%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.28

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.06

The annualized return divided by the max drawdown for the selected time period.

ETFs related toWOOD

ETFs correlated to WOOD include SCHC, DFIC, DFIS

WOOD
BlackRock Institutional Trust Company N.A. - iShares Global Timber & Forestry ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
DISV
Dimensional ETF Trust - Dimensional International Small Cap Value ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
SCZ
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Small-Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toWOOD

Commodities/Bonds - Weekly

Category

Trend-following, tactical asset allocation, commodities, risk parity, leveraged ETFs, weekly rebalance, risk-on/risk-off

OOS Cumulative Return

415.91%

JJ's Canary Leverage v2.2a Replace UPRO and TQQQ with SOXL

Category

Tactical allocation, leveraged ETFs, momentum, mean reversion, volatility hedge, risk-on/off

OOS Cumulative Return

159.19%

Create your own algorithmic trading strategy with WOOD using Composer

FAQ

WOOD is a Global Equities ETF. The iShares S&P Global Timber & Forestry Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Global Timber & Forestry Index.

WOOD tracks the S&P Global Timber & Forestry Index.

No, WOOD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, WOOD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on WOOD is 0.0249%. This is the percent change in the value of WOOD over the most recent 1-month period. The 3-month return on WOOD is 0.0528%. This is the percent change in the value of WOOD over the most recent 3-month period.

The standard deviation of WOOD for the past year is 0.195%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to WOOD include PBW, IGF, and ARKK.

ETFs correlated to WOOD include SCHC, DFIC, and DFIS.

ETFs that are inversely correlated to WOOD include EFZ, EPV, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.