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iShares Global Timber & Forestry ETF (WOOD) Sharpe Ratio: -0.27

ETF · Currency in USD · Last updated Jun 23, 2026

WOOD is a passive ETF by iShares tracking the investment results of the S&P Global Timber & Forestry Index. WOOD launched on Jun 24, 2008 and has a 0.46% expense ratio.

WOOD's Sharpe Ratio of -0.27 indicates that for each unit of volatility, it generates -0.27 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

WOOD Sharpe Ratio Rank

WOOD Sharpe Ratio Rank: 6.36
Concerning

WOOD ranks above 6.3% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

WOOD Sharpe Ratio Market Positioning

The chart shows WOOD's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.31
  • Green zone (top 25%): 2.31 or higher
  • Top 1%: 7.38+
  • Median: 1.67 — half of all investments score higher

How it compares to other similar ETFs

The table compares iShares Global Timber & Forestry ETF's Sharpe Ratio with other ETFs in the Materials category across multiple time periods, showing how WOOD's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
SLXVanEck Vectors Steel ETF2.71
PICKiShares MSCI Global Metals & Mining Producers ETF2.68
PSCMInvesco S&P SmallCap Materials ETF2.51
SETMSprott Critical Materials ETF2.29
FXZFirst Trust Materials AlphaDEX Fund2.22
XMESPDR S&P Metals & Mining ETF2.13
IYMiShares U.S. Basic Materials ETF1.95
MXIiShares Global Materials ETF1.70
PYZInvesco DWA Basic Materials Momentum ETF1.65
RSPMInvesco S&P 500® Equal Weight Materials ETF1.34
WOODiShares Global Timber & Forestry ETF-0.27

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows WOOD's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when WOOD consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does WOOD fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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