iShares S&P Global Timber & Forestry Index Fund
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$79.25
- Net Assets:$0 Million
- NAV:$79.79
- Premium-0.68%
- Peer Rank:171 of 298
- Investment Rating:C-
- Performance:C-
- RiskB-
We rate iShares Gl Timber and Forestry ETF at C-. Positive factors that influence this rating include a low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking a Global Equity strategy.
Total return ranks below peers over the last three years. The iShares Gl Timber and Forestry ETF has returned an annual rate of 5.00% since inception. More recently, the fund has generated a total return of 6.74% in the last five years, -0.21% in the last three years, and 7.75% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 56% of them. It has also outpaced 34% of its competitors on a three year basis and 41% of them over the last year for the period ending 2/29/2024. On a year to date basis, WOOD has returned -1.89%.
Downside risk has been below average. WOOD has a draw down risk of -28.87%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 21.0%. This fund has experienced a high level of volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As WOOD is an exchange traded fund, it has no front end or back end load.
The iShares Gl Timber and Forestry ETF is managed by Gregory R Savage at BlackRock Fund Advisors. This fund is one of 353 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.