ETF Evaluator:
iShares Global Timber & Forestry ETF (WOOD)
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(as of Aug 14)
Best Performing in Natural Resources Over the Last Year
| 88.7% | Global X Copper Miners ETF (COPX) |
| 83.8% | Themes Copper Miners ETF (COPA) |
| 82.3% | Sprott Copper Miners ETF (COPP) |
| 81.2% | Sprott Junior Copper Miners ETF (COPJ) |
| 76.4% | iShares Copper and Metals Mining ETF (ICOP) |
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ETF Details
iShares Global Timber & Forestry ETF Overview
iShares Global Timber & Forestry ETF (WOOD) is a passively managed Sector Equity Natural Resources exchange-traded fund (ETF). iShares launched the ETF in 2008.
The investment seeks to track the investment results of the S&P Global Timber & Forestry IndexTM composed of global equities in or related to the timber and forestry industry.
The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.
About iShares Global Timber & Forestry ETF (WOOD)
There are 4 members of the management team with an average tenure of 4.50 years: Jennifer Hsui (2012), Peter Sietsema (2025), Matt Waldron (2025) and Steven White (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P Global BMI TR USD index with a weighting of 100% and S&P Global Timber and Forestry NR USD index with a weighting of 100%. iShares Global Timber & Forestry ETF has 54 securities in its portfolio. The top 10 holdings constitute 57.4% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
iShares Global Timber & Forestry ETF is part of the Equity global asset class and is within the Sector Equity ETF group. iShares Global Timber & Forestry ETF has 79.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 20.3% There is 79.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares Global Timber & Forestry ETF has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $266 million in total assets, which is below the $1 billion average for the Natural Resources category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
WOOD Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares Global Timber & Forestry ETF expense ratio is below average compared to funds in the Natural Resources category. iShares Global Timber & Forestry ETF has an expense ratio of 0.39%, which is 26% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares Global Timber & Forestry ETF has a portfolio turnover rate of 65%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 41% for the Natural Resources category.
Recently, in the month of July 2026, iShares Global Timber & Forestry ETF returned 8.1%, which earned it a grade of A, as the Natural Resources category had an average return of -2.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iShares Global Timber & Forestry ETF has a trailing yield of 2.35%, which is above the 2.30% category average.
The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares Global Timber & Forestry ETF Grades
Year to date, the ETF has returned 0.5%, 6.0 percentage points worse than the category, which translates into a grade of D. The fund has returned 3.6% over the past year (grade of F), -0.3% over the past three years (grade of F) and -2.1% per year over the past five years (grade of F) and 5.8% per year over the past 10 years (grade of F).
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WOOD Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| WOOD Return (NAV) | 8.1% | 5.4% | 3.6% | -0.3% | -2.1% | 5.8% |
| WOOD Return (Price) | 8.6% | 6.1% | 3.9% | -0.2% | -2.0% | 5.9% |
| NAV +/- Price Return | -0.511% | -0.675% | -0.244% | -0.115% | -0.103% | -0.061% |
| Natural Resources Avg | -2.2% | -9.2% | 33.5% | 9.8% | 7.4% | 10.4% |
| WOOD Grade (NAV) | A | A | F | F | F | F |
| +/- Category (NAV) | 10.3% | 14.6% | -29.9% | -10.1% | -9.5% | -4.6% |
| WOOD Tax-Cost Ratio | na | na | 0.8% | 0.6% | 0.6% | 0.6% |
WOOD Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| WOOD Return (NAV) | 0.5% | -3.7% | -4.0% | 13.8% | -19.1% | 16.7% | 20.5% | 19.6% | -17.6% | 34.3% | 13.3% |
| WOOD Return (Price) | 0.8% | -3.3% | -4.2% | 13.8% | -19.3% | 17.0% | 20.3% | 19.8% | -17.7% | 34.5% | 14.3% |
| NAV +/- Price Ret | 0.756% | -0.102% | 0.062% | 0.001% | 0.011% | 0.018% | -0.008% | 0.9% | 0.9% | 0.6% | 6.9% |
| Natural Resources Avg | 6.5% | 43.5% | -6.0% | 9.9% | -7.3% | 30.1% | 22.9% | 18.4% | -16.7% | 25.1% | 28.4% |
| WOOD Grade (NAV) | D | F | C | C | D | F | B | C | C | A | D |
| +/- Category | -6.0% | -47.1% | 2.0% | 4.0% | -11.8% | -13.4% | -2.4% | 1.2% | -0.9% | 9.2% | -15.0% |
| Risk Measures | |
| Beta: | 0.69 |
| R-Squared: | 27% |
| Standard Deviation: | 16.8% |
| Category Risk Index: | 0.70 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.37 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 2.4% |
| Total Assets: | $ 267 Mil |
| Share Class Assets: | $ 267 Mil |
| Turnover: | 65.0% |
| Expense Ratio: | 0.39% |
| Index Fund: | Yes |
| Index Tracked: | S&P Global BMI TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 14.0 years | |||
| Average Tenure: 4.5 years | |||
| Managers (Year): Hsui Jennifer (2012), Sietsema Peter (2025), Waldron Matt (2025), White Steven (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 54 |
| % in Top 10 Holdings: | 57.4% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 79.3% |
Portfolio Allocation |
|
| Domestic Stock: | 20.3% |
| Foreign Stock: | 79.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | au.ishares.com |
| Inception Date: | June 24, 2008 |
Expenses and Fees
| Expense Ratio (%): | 0.39% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.53% |