WOODiShares Global Timber & Forestry ETF
WOOD Fund Description
WOOD tracks a narrow index of the 25 largest publicly listed companies from developed and emerging markets that own or manage forests and timberlands.
WOOD Factset Analytics Insight
WOOD tracks the S&P Global Timber & Forestry Index, a cap-weighted index of the 25 largest forestry firms around the world. The fund starts with all the eligible securities from the S&P Global BMI that are classified under agriculture, forestry, homebuilding, and paper industry. To determine industry relevance, each company will be given an exposure score based on its business description and most recent reported revenue. The 25 largest companies with an exposure score of 1 will be selected for inclusion, however, if fewer than 25 companies have an exposure score of 1, the fund will select the largest companies with 0.5 exposure score until the portfolio contains a total of 25 constituents. Selected securities will then be weighted based on its exposure score with constraints such that securities with an exposure score of 1 are capped at 8% and those with 0.5 exposure score are capped at 4%. The index rebalancing occurs semi-annually.
WOOD MSCI ESG Analytics Insight
iShares Global Timber & Forestry ETF has an MSCI ESG Fund Rating of AA based on a score of 9.33 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Global Timber & Forestry ETF ranks in the 98th percentile within its peer group and in the 94th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
WOOD MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
WOOD Portfolio Data
WOOD Index Data
WOOD Portfolio Management
WOOD Tax Exposures
WOOD Fund Structure
WOOD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of WOOD. WOOD is rated a 4 out of 5.
WOOD Sector/Industry Breakdown
WOOD Economic Development
WOOD Performance Statistics
WOOD MSCI ESG Ratings
WOOD Benchmark Comparison Summary
WOOD Benchmark Comparison Market Cap Size