WOOD.L vs. INFR.L
WOOD.L (iShares Global Timber & Forestry UCITS ETF USD (Dist)) and INFR.L (iShares Global Infrastructure UCITS ETF USD (Dist)) are both exchange-traded funds - WOOD.L is a Global Equities fund tracking the S&P Global Timber & Forestry Index (Net), while INFR.L is a Utilities Equities fund tracking the FTSE Global Core Infrastructure Index. Both are passively managed. Over the past 10 years, WOOD.L returned 4.77%/yr vs 7.01%/yr for INFR.L. A 0.52 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.
Performance
WOOD.L vs. INFR.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WOOD.L achieves a -3.90% return, which is significantly lower than INFR.L's 13.06% return. Over the past 10 years, WOOD.L has underperformed INFR.L with an annualized return of 4.77%, while INFR.L has yielded a comparatively higher 7.01% annualized return.
WOOD.L
- 1D
- 1.83%
- 1M
- 0.77%
- 6M
- -10.31%
- YTD
- -3.90%
- 1Y
- -4.38%
- 3Y*
- -1.90%
- 5Y*
- -2.66%
- 10Y*
- 4.77%
INFR.L
- 1D
- 0.56%
- 1M
- 1.50%
- 6M
- 11.92%
- YTD
- 13.06%
- 1Y
- 18.46%
- 3Y*
- 11.19%
- 5Y*
- 7.18%
- 10Y*
- 7.01%
WOOD.L vs. INFR.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WOOD.L iShares Global Timber & Forestry UCITS ETF USD (Dist) | -3.90% | -9.97% | -3.72% | 7.19% | -8.92% | 16.76% | 16.74% | 14.91% | -15.41% | 20.95% |
INFR.L iShares Global Infrastructure UCITS ETF USD (Dist) | 13.06% | 5.13% | 10.76% | -5.53% | 5.25% | 18.61% | -5.27% | 20.12% | 3.61% | 4.58% |
Correlation
The correlation between WOOD.L and INFR.L is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2007 | 0.52 |
Over the past year, the correlation between WOOD.L and INFR.L has dropped to 0.10 - well below their long-term average of 0.52, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WOOD.L vs. INFR.L — Risk / Return Rank
WOOD.L
INFR.L
WOOD.L vs. INFR.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Timber & Forestry UCITS ETF USD (Dist) (WOOD.L) and iShares Global Infrastructure UCITS ETF USD (Dist) (INFR.L). 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.
| WOOD.L | INFR.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.62 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.29 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.21 | 3.54 | -3.76 |
| Martin ratioReturn relative to average drawdown | -0.43 | 8.38 | -8.80 |
Loading charts...
Drawdowns
WOOD.L vs. INFR.L - Drawdown Comparison
The maximum WOOD.L drawdown since its inception was -76.03%, which is greater than INFR.L's maximum drawdown of -64.87%. Use the drawdown chart below to compare losses from any high point for WOOD.L and INFR.L.
Loading charts...
Drawdown Indicators
| WOOD.L | INFR.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.03% | -64.87% | -11.16% |
Max Drawdown (1Y)Largest decline over 1 year | -20.56% | -5.19% | -15.37% |
Max Drawdown (3Y)Largest decline over 3 years | -25.68% | -11.19% | -14.49% |
Max Drawdown (5Y)Largest decline over 5 years | -29.40% | -23.29% | -6.11% |
Max Drawdown (10Y)Largest decline over 10 years | -42.38% | -26.75% | -15.63% |
Current DrawdownCurrent decline from peak | -24.26% | -1.46% | -22.80% |
Average DrawdownAverage peak-to-trough decline | -28.50% | -24.36% | -4.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.26% | 2.20% | +8.06% |
Volatility
WOOD.L vs. INFR.L - Volatility Comparison
iShares Global Timber & Forestry UCITS ETF USD (Dist) (WOOD.L) has a higher volatility of 5.39% compared to iShares Global Infrastructure UCITS ETF USD (Dist) (INFR.L) at 3.26%. This indicates that WOOD.L's price experiences larger fluctuations and is considered to be riskier than INFR.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WOOD.L | INFR.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 3.26% | +2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 14.08% | 9.06% | +5.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.19% | 10.96% | +6.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.70% | 12.32% | +4.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.19% | 13.95% | +4.24% |
WOOD.L vs. INFR.L - Expense Ratio Comparison
Both WOOD.L and INFR.L have an expense ratio of 0.65%.
Dividends
WOOD.L vs. INFR.L - Dividend Comparison
WOOD.L's dividend yield for the trailing twelve months is around 2.81%, more than INFR.L's 2.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INFR.L iShares Global Infrastructure UCITS ETF USD (Dist) | 2.03% | 2.25% | 2.32% | 2.43% | 2.05% | 1.89% | 2.21% | 2.15% | 2.27% | 2.72% | 2.57% | 3.09% |
WOOD.L iShares Global Timber & Forestry UCITS ETF USD (Dist) | 2.81% | 3.27% | 2.47% | 2.76% | 2.98% | 1.40% | 1.25% | 2.67% | 0.00% | 0.91% | 1.81% | 1.86% |
Frequently Asked Questions
WOOD.L and INFR.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.65% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
WOOD.L and INFR.L have the same expense ratio: 0.65% per year.
WOOD.L is categorized as Global Equities, while INFR.L is Utilities Equities. WOOD.L tracks S&P Global Timber & Forestry Index (Net), while INFR.L tracks FTSE Global Core Infrastructure Index.
Find the right allocation for WOOD.L and INFR.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer