HOMZ vs. WOOD

Last updated Aug 4, 2026

HOMZ (Hoya Capital Housing ETF) and WOOD (iShares Global Timber & Forestry ETF) are both exchange-traded funds - HOMZ is a Building & Construction fund tracking the Hoya Capital Housing 100 Index, while WOOD is a Materials fund tracking the S&P Global Timber & Forestry Index. Both are passively managed. Over the past 5 years, HOMZ returned 4.71%/yr vs -1.86%/yr for WOOD. Their 0.70 correlation means they have sometimes moved together and sometimes differently. HOMZ charges 0.30%/yr vs 0.46%/yr for WOOD.

Performance

HOMZ vs. WOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hoya Capital Housing ETF (HOMZ) and iShares Global Timber & Forestry ETF (WOOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HOMZ achieves a 3.43% return, which is significantly higher than WOOD's 1.91% return.

HOMZ

• 1D: 1.80%
• 1M: -3.14%
• 6M: -0.15%
• YTD: 3.43%
• 1Y: 7.40%
• 3Y*: 7.90%
• 5Y*: 4.71%
• 10Y*: —
• ALL TIME*: 11.20%

WOOD

• 1D: 1.06%
• 1M: 8.95%
• 6M: -1.10%
• YTD: 1.91%
• 1Y: 4.46%
• 3Y*: 0.88%
• 5Y*: -1.86%
• 10Y*: 6.06%
• ALL TIME*: 4.13%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HOMZ Hoya Capital Housing ETF	$107.42K	$133.49K	$168.14K
WOOD iShares Global Timber & Forestry ETF	$1.13M	$861.42K	$1.10M

HOMZ vs. WOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
HOMZ Hoya Capital Housing ETF	3.43%	2.72%	9.49%	36.49%	-28.14%	41.02%	15.80%	17.38%
WOOD iShares Global Timber & Forestry ETF	1.91%	-3.27%	-4.21%	13.84%	-19.39%	17.03%	20.36%	5.83%

Correlation

The correlation between HOMZ and WOOD is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (3Y) Balances recent behavior with more history.	0.67
Correlation (5Y) Shows whether the relationship held over a longer period.	0.70
Correlation (All Time) Calculated using the full available price history since Mar 20, 2019	0.70

The correlation between HOMZ and WOOD has been stable across timeframes, ranging from 0.67 to 0.70 - a consistent structural relationship.

HOMZ vs. WOOD - Sectors Allocation Comparison

Sectors	HOMZ	WOOD
Real Estate	39.7%	12.2%
Consumer Cyclical	34.8%	22.5%
Industrials	11.7%	-
Financial Services	9.5%	-
Basic Materials	3.2%	65.3%
Consumer Defensive	0.8%	-
Technology	0.6%	-
Communication Services	0.5%	-
Energy	-	-
Healthcare	-	-
Utilities	-	-

Return for Risk

HOMZ vs. WOOD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HOMZ

HOMZ Risk / Return Rank: 19
HOMZ Sharpe Ratio Rank: 19
HOMZ Sortino Ratio Rank: 20
HOMZ Omega Ratio Rank: 19
HOMZ Calmar Ratio Rank: 18
HOMZ Martin Ratio Rank: 17

WOOD

WOOD Risk / Return Rank: 15
WOOD Sharpe Ratio Rank: 16
WOOD Sortino Ratio Rank: 16
WOOD Omega Ratio Rank: 15
WOOD Calmar Ratio Rank: 14
WOOD Martin Ratio Rank: 14

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HOMZ vs. WOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hoya Capital Housing ETF (HOMZ) and iShares Global Timber & Forestry ETF (WOOD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HOMZ	WOOD	Difference
Sharpe ratio: Return per unit of total volatility	0.37	0.24	+0.13
Sortino ratio: Return per unit of downside risk	0.74	0.49	+0.25
Omega ratio: Gain probability vs. loss probability	1.08	1.05	+0.03
Calmar ratio: Return relative to maximum drawdown	0.45	0.21	+0.24
Martin ratio: Return relative to average drawdown	0.95	0.39	+0.56

HOMZ vs. WOOD - Sharpe Ratio Comparison

The current HOMZ Sharpe Ratio is 0.37, which is higher than the WOOD Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of HOMZ and WOOD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HOMZ vs. WOOD - Drawdown Comparison

The maximum HOMZ drawdown since its inception was -48.10%, smaller than the maximum WOOD drawdown of -63.25%. Use the drawdown chart below to compare losses from any high point for HOMZ and WOOD.

Drawdown Indicators

	HOMZ	WOOD	Difference
Max Drawdown Largest peak-to-trough decline	-48.10%	-63.25%	+15.15%
Max Drawdown (1Y) Largest decline over 1 year	-16.71%	-21.64%	+4.93%
Max Drawdown (3Y) Largest decline over 3 years	-22.91%	-22.79%	-0.12%
Max Drawdown (5Y) Largest decline over 5 years	-33.76%	-30.71%	-3.05%
Max Drawdown (10Y) Largest decline over 10 years	—	-50.20%	—
Current Drawdown Current decline from peak	-6.56%	-17.10%	+10.54%
Average Drawdown Average peak-to-trough decline	-9.68%	-14.83%	+5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.83%	11.45%	-3.62%

Volatility

HOMZ vs. WOOD - Volatility Comparison

Hoya Capital Housing ETF (HOMZ) has a higher volatility of 6.29% compared to iShares Global Timber & Forestry ETF (WOOD) at 5.27%. This indicates that HOMZ's price experiences larger fluctuations and is considered to be riskier than WOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOMZ	WOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	5.27%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	14.79%	14.60%	+0.19%
Volatility (1Y) Calculated over the trailing 1-year period	19.98%	18.43%	+1.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.68%	19.75%	+1.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.92%	21.75%	+3.17%

HOMZ vs. WOOD - Expense Ratio Comparison

HOMZ has a 0.30% expense ratio, which is lower than WOOD's 0.46% expense ratio.

Dividends

HOMZ vs. WOOD - Dividend Comparison

HOMZ's dividend yield for the trailing twelve months is around 2.61%, more than WOOD's 2.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOMZ Hoya Capital Housing ETF	2.61%	2.54%	2.13%	2.08%	2.03%	1.21%	3.18%	1.24%	0.00%	0.00%	0.00%	0.00%
WOOD iShares Global Timber & Forestry ETF	2.32%	2.51%	2.09%	1.64%	2.26%	1.24%	0.98%	1.85%	2.82%	1.19%	1.65%	2.04%

Frequently Asked Questions

Can I hold both HOMZ and WOOD in my portfolio?

HOMZ and WOOD have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HOMZ or WOOD?

HOMZ has higher volatility (6.29%) compared to WOOD (5.27%). In terms of maximum drawdown, HOMZ dropped -48.10% vs WOOD's -63.25%.

Which ETF is better, HOMZ or WOOD?

On 5-year performance, HOMZ leads with 4.71% vs -1.86% for WOOD. On fees, HOMZ is cheaper at 0.30% per year. On volatility, WOOD has been the lower-risk option at 5.27%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HOMZ or WOOD?

Over the 5-year period, HOMZ has performed better with a 4.71% return vs -1.86%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HOMZ or WOOD?

HOMZ is cheaper with a 0.30% expense ratio, compared with 0.46% for WOOD.

Which ETF pays a higher dividend yield, HOMZ or WOOD?

HOMZ has the higher dividend yield at 2.61%, compared with 2.32% for WOOD.

What is the main difference between HOMZ and WOOD?

HOMZ is categorized as Building & Construction, while WOOD is Materials. HOMZ tracks Hoya Capital Housing 100 Index, while WOOD tracks S&P Global Timber & Forestry Index. They also come from different issuers: Hoya Capital and iShares. Their fees differ too: 0.30% for HOMZ and 0.46% for WOOD.

Which has better risk-adjusted returns?

HOMZ currently has the higher Sharpe Ratio (0.37 vs 0.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.