Invesco MSCI Global Timber ETF (CUT)
CUT is a passive ETF by Invesco tracking the investment results of the Beacon Global Timber Index. CUT launched on Nov 9, 2007 and has a 0.55% expense ratio.
ETF Info
| ISIN | US46138E5454 |
|---|---|
| CUSIP | 46138E545 |
| Issuer | Invesco |
| Inception Date | Nov 9, 2007 |
| Region | Developed Markets (Broad) |
| Category | Materials |
| Leveraged | 1x |
| Index Tracked | Beacon Global Timber Index |
| Home Page | www.invesco.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
CUT features an expense ratio of 0.55%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CUT vs. WOOD, CUT vs. VTI, CUT vs. SPY, CUT vs. FPURX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Invesco MSCI Global Timber ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Invesco MSCI Global Timber ETF had a return of 4.87% year-to-date (YTD) and 15.79% in the last 12 months. Over the past 10 years, Invesco MSCI Global Timber ETF had an annualized return of 5.48%, while the S&P 500 had an annualized return of 10.55%, indicating that Invesco MSCI Global Timber ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.87% | 13.39% |
| 1 month | 4.87% | 4.02% |
| 6 months | 4.41% | 5.56% |
| 1 year | 15.79% | 21.51% |
| 5 years (annualized) | 8.07% | 12.69% |
| 10 years (annualized) | 5.48% | 10.55% |
Monthly Returns
The table below presents the monthly returns of CUT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.80% | 3.96% | 6.90% | -5.81% | 7.01% | -4.45% | 4.35% | 1.44% | 4.87% | ||||
| 2023 | 7.61% | -6.31% | -2.11% | -0.88% | -4.28% | 4.13% | 7.31% | -2.63% | -2.15% | -3.74% | 8.21% | 4.62% | 8.65% |
| 2022 | -1.52% | -3.59% | 0.30% | -0.28% | 0.52% | -12.48% | 6.29% | -3.73% | -13.13% | 6.93% | 9.58% | -3.90% | -16.38% |
| 2021 | -1.65% | 5.13% | 3.47% | 6.36% | 0.84% | -2.66% | 0.65% | 3.82% | -7.82% | 0.05% | -1.59% | 6.01% | 12.29% |
| 2020 | -7.08% | -8.27% | -15.10% | 10.99% | 3.83% | 1.78% | 4.01% | 7.49% | 2.42% | -0.90% | 12.56% | 8.88% | 18.05% |
| 2019 | 14.38% | -0.15% | -0.15% | 0.77% | -10.36% | 8.91% | -3.31% | -4.10% | 3.96% | 6.03% | 3.43% | 4.01% | 23.35% |
| 2018 | 4.53% | -3.31% | 1.80% | 1.16% | 1.51% | -3.48% | 0.39% | 0.63% | -2.41% | -12.35% | -2.68% | -8.69% | -21.70% |
| 2017 | 4.04% | 1.59% | 0.61% | 3.80% | 0.66% | 3.82% | 0.07% | 1.78% | 3.44% | 3.85% | 0.74% | 2.58% | 30.41% |
| 2016 | -10.42% | -1.02% | 10.34% | 1.82% | 0.47% | -3.35% | 6.49% | 1.89% | 0.73% | -2.85% | 2.91% | 1.50% | 7.28% |
| 2015 | 2.39% | 4.52% | -1.24% | 1.80% | 0.69% | -2.97% | -1.06% | -5.24% | -6.45% | 9.75% | 3.55% | -5.80% | -1.30% |
| 2014 | -4.05% | 5.35% | -3.32% | -2.57% | 2.72% | -0.43% | -4.40% | 2.20% | -4.59% | 4.21% | 0.73% | 0.98% | -3.78% |
| 2013 | 5.87% | 2.89% | 3.43% | -1.69% | -2.39% | -1.81% | 7.79% | -3.68% | 8.21% | 3.16% | 0.40% | 4.02% | 28.50% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CUT is 41, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Invesco MSCI Global Timber ETF (CUT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Invesco MSCI Global Timber ETF granted a 2.33% dividend yield in the last twelve months. The annual payout for that period amounted to $0.78 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.78 | $0.78 | $0.78 | $0.58 | $0.55 | $0.77 | $0.82 | $0.50 | $0.52 | $0.36 | $0.69 | $0.36 |
Dividend yield | 2.33% | 2.44% | 2.58% | 1.57% | 1.65% | 2.67% | 3.43% | 1.57% | 2.08% | 1.52% | 2.83% | 1.39% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco MSCI Global Timber ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.78 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.78 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.58 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.77 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.82 | $0.82 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.50 | $0.50 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $0.69 |
| 2013 | $0.36 | $0.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco MSCI Global Timber ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco MSCI Global Timber ETF was 70.03%, occurring on Mar 9, 2009. Recovery took 1011 trading sessions.
The current Invesco MSCI Global Timber ETF drawdown is 10.72%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.03% | Dec 11, 2007 | 312 | Mar 9, 2009 | 1011 | Mar 14, 2013 | 1323 |
| -45.76% | Jun 7, 2018 | 451 | Mar 23, 2020 | 181 | Dec 8, 2020 | 632 |
| -31.21% | May 11, 2021 | 348 | Sep 26, 2022 | — | — | — |
| -27.15% | May 21, 2015 | 184 | Feb 11, 2016 | 239 | Jan 24, 2017 | 423 |
| -15.78% | Mar 7, 2014 | 156 | Oct 16, 2014 | 81 | Feb 12, 2015 | 237 |
Volatility
Volatility Chart
The current Invesco MSCI Global Timber ETF volatility is 3.91%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.