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ETFs

iShares Global Timber & Forestry ETF

WOOD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 24 2008
Expense Ratio
0.40%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$918,129
AUM
$205,655,333
Associated Index
S&P Global Timber & Forestry Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

SCAB
SVENSKA CELLULOSA AB SCA-B
7.76%
WY
Weyerhaeuser Co.
7.49%
SUZB3
SUZANO SA
6.62%
SKG
SMURFIT KAPPA GROUP PLC
5.66%
STERV
STORA ENSO CLASS R
5.55%
KLBN11
KLABIN SA - UNIT
5.53%
IP
International Paper Co.
5.40%
WFG
WEST FRASER TIMBER CO LTD
4.56%
PCH
PotlatchDeltic Corp
4.41%
HOLMB
HOLMEN CLASS B
4.37%
Invest with WOOD

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.

ETFs related toWOOD

ETFs correlated to WOOD include SCHC, DFIC, VSS

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
VSS
Vanguard Group, Inc. - Vanguard FTSE All-World Ex-US Small Capital Index Fund ETF
DFIS
Dimensional ETF Trust - Dimensional International Small Cap ETF
DFAX
Dimensional ETF Trust - Dimensional World ex U.S. Core Equity 2 ETF
AVDE
American Century ETF Trust - Avantis International Equity ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
MXI
BlackRock Institutional Trust Company N.A. - iShares Global Materials ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets 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.

Automated Strategies
Related toWOOD

#OPUS-8

Opus-8

Category

Opus

Risk Rating

Conservative

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

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 0.0155%. This is the percent change in the value of WOOD over the most recent 1-month period. The 3-month return on WOOD is 0.0067%. 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 0.2363%. 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 ICLN, TAN, and EFG.

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

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

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.