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iShares Global Timber & Forestry ETF

WOOD

Market cap $267M

70.69 USD

+0.43

0.61%

At close Updated Sep 15, 4:00 PM EDT

1 day

0.61%

5 days

-1.67%

1 month

-0.63%

3 months

3.3%

6 months

-0.8%

Year to date

-2.98%

1 year

-5.67%

5 years

-19.56%

10 years

43.85%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 60%

Neutral 20%

Negative 20%

My Two Highest Conviction Investments That I Am Buying Aggressively

Midstream has been a big winner for me over the past 11 months since I made it my highest conviction pick. I have recently shifted where I am deploying most of my incremental capital. I detail my two favorite places to deploy capital right now.

My Two Highest Conviction Investments That I Am Buying Aggressively

Buying The WOOD ETF On Weakness Throughout The Rest Of 2026

I reiterate my Buy rating on the iShares Global Timber & Forestry ETF, favoring accumulation on price weakness. WOOD offers a 2.32% yield, covers its 0.40% expense ratio, and provides exposure to lumber prices with better liquidity than lumber futures. Technical support at $63.78 remains intact. A break below this level would prompt a reassessment of the bullish thesis.

Buying The WOOD ETF On Weakness Throughout The Rest Of 2026

Lumber Prices Surge Despite Housing Slump

Plus: The U.S. is banning exports of lithium ion battery and tungsten waste

Lumber Prices Surge Despite Housing Slump

Home-Building Is Sputtering, but Lumber Prices Haven't Been So High in Years

Steep duties on Canadian lumber, wildfires and sawmill closures have cut supply and pushed up prices.

Home-Building Is Sputtering, but Lumber Prices Haven't Been So High in Years

Living In a Materials ETF World: Broad & Targeted Exposure

Materials are often viewed as a sleepy, cyclical corner of the market, but the artificial intelligence (AI) buildout is adding vim and vigor to the sector.

Living In a Materials ETF World: Broad & Targeted Exposure

2 Of The Most Undervalued Real Assets For The Coming Macro Shift

The dollar's dominance is quietly cracking, which will likely lead to a significant macro shift in the coming years. While I have bet heavily on several real asset sectors, they have all soared materially higher since I started investing in them. I detail two of the best opportunities remaining in the real asset space to benefit from the coming macro shift.

2 Of The Most Undervalued Real Assets For The Coming Macro Shift

WOOD: Outperformance Unlikely Due To Structural Weakness In Timber Industry

iShares Global Timber & Forestry ETF (WOOD) has underperformed, with a 12% loss versus a 29% S&P 500 gain over two years. Ongoing structural weaknesses in the timber industry and a lack of historical compounding make WOOD unattractive versus broad market benchmarks. Within WOOD's holdings there is a degree of dilution of pure timber exposure, with significant allocations to packaging and materials sectors beyond forestry.

WOOD: Outperformance Unlikely Due To Structural Weakness In Timber Industry

The Motley Fool

Is This the Worst-Performing Global ETF?

It's not the worst performer among global ETFs, but it's been a disappointment this year. Ties to the residential real estate market have been problematic for this fund.

Is This the Worst-Performing Global ETF?

US sawmills warn of accelerating closures as tariffs, weak demand squeeze industry

U.S. sawmills say tariffs, shrinking export markets and competition from cheaper wood alternatives are driving a surge in closures that threatens the hardwood industry.

US sawmills warn of accelerating closures as tariffs, weak demand squeeze industry

iShares Global Timber & Forestry ETF: The Worst May Be Yet To Come

I am concluding my research on the forest industry with the iShares Global Timber & Forestry ETF. The companies I have previously covered account for ~25% of WOOD's 225.6 million AUM. The Invesco MSCI Global Timber ETF is WOOD's closest competitor, with a $41.2 million AUM. Smaller size is synonymous with thinner liquidity, as reflected by a higher median bid-ask spread. Despite lower liquidity, CUT's total expense ratio of 1.02% is ~2.5x higher than WOOD's 0.40%. Considering their highly similar portfolios, it is difficult to justify such a spread.

iShares Global Timber & Forestry ETF: The Worst May Be Yet To Come

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