WOOD.L vs. SBUY.L
WOOD.L (iShares Global Timber & Forestry UCITS ETF USD (Dist)) and SBUY.L (Invesco Global Buyback Achievers UCITS ETF) are both Global Equities funds - WOOD.L tracks the S&P Global Timber & Forestry Index (Net) while SBUY.L tracks the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, WOOD.L returned 4.62%/yr vs 12.22%/yr for SBUY.L. A 0.72 correlation means they provide meaningful diversification when combined. WOOD.L charges 0.65%/yr vs 0.39%/yr for SBUY.L.
Performance
WOOD.L vs. SBUY.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WOOD.L achieves a -4.05% return, which is significantly lower than SBUY.L's 9.04% return. Over the past 10 years, WOOD.L has underperformed SBUY.L with an annualized return of 4.62%, while SBUY.L has yielded a comparatively higher 12.22% annualized return.
WOOD.L
- 1D
- -0.16%
- 1M
- 0.57%
- 6M
- -9.86%
- YTD
- -4.05%
- 1Y
- -4.89%
- 3Y*
- -2.36%
- 5Y*
- -2.69%
- 10Y*
- 4.62%
SBUY.L
- 1D
- -0.07%
- 1M
- 1.45%
- 6M
- 6.13%
- YTD
- 9.04%
- 1Y
- 21.94%
- 3Y*
- 18.70%
- 5Y*
- 11.18%
- 10Y*
- 12.22%
WOOD.L vs. SBUY.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) | -4.05% | -9.97% | -3.72% | 7.19% | -8.92% | 16.76% | 16.74% | 14.91% | -15.41% | 20.95% |
SBUY.L Invesco Global Buyback Achievers UCITS ETF | 9.04% | 21.60% | 14.64% | 9.46% | -0.90% | 21.36% | 8.43% | 25.36% | -9.32% | 10.37% |
Correlation
The correlation between WOOD.L and SBUY.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2014 | 0.72 |
Over the past year, the correlation between WOOD.L and SBUY.L has dropped to 0.48 - well below their long-term average of 0.72, 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. SBUY.L — Risk / Return Rank
WOOD.L
SBUY.L
WOOD.L vs. SBUY.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 Invesco Global Buyback Achievers UCITS ETF (SBUY.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 | SBUY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.53 | ||
| Sortino ratioReturn per unit of downside risk | -3.39 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.40 | -0.44 |
| Calmar ratioReturn relative to maximum drawdown | -0.24 | 4.56 | -4.80 |
| Martin ratioReturn relative to average drawdown | -0.47 | 14.67 | -15.14 |
Loading charts...
Drawdowns
WOOD.L vs. SBUY.L - Drawdown Comparison
The maximum WOOD.L drawdown since its inception was -76.03%, which is greater than SBUY.L's maximum drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for WOOD.L and SBUY.L.
Loading charts...
Drawdown Indicators
| WOOD.L | SBUY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.03% | -37.67% | -38.36% |
Max Drawdown (1Y)Largest decline over 1 year | -20.56% | -4.79% | -15.77% |
Max Drawdown (3Y)Largest decline over 3 years | -25.68% | -17.76% | -7.92% |
Max Drawdown (5Y)Largest decline over 5 years | -29.40% | -17.76% | -11.64% |
Max Drawdown (10Y)Largest decline over 10 years | -42.38% | -30.91% | -11.47% |
Current DrawdownCurrent decline from peak | -24.38% | -0.10% | -24.28% |
Average DrawdownAverage peak-to-trough decline | -28.49% | -7.87% | -20.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.30% | 1.49% | +8.81% |
Volatility
WOOD.L vs. SBUY.L - Volatility Comparison
iShares Global Timber & Forestry UCITS ETF USD (Dist) (WOOD.L) has a higher volatility of 5.39% compared to Invesco Global Buyback Achievers UCITS ETF (SBUY.L) at 2.27%. This indicates that WOOD.L's price experiences larger fluctuations and is considered to be riskier than SBUY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WOOD.L | SBUY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 2.27% | +3.12% |
Volatility (6M)Calculated over the trailing 6-month period | 14.07% | 7.01% | +7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.16% | 9.79% | +7.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.70% | 13.69% | +3.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.19% | 15.34% | +2.85% |
WOOD.L vs. SBUY.L - Expense Ratio Comparison
WOOD.L has a 0.65% expense ratio, which is higher than SBUY.L's 0.39% expense ratio.
Dividends
WOOD.L vs. SBUY.L - Dividend Comparison
WOOD.L's dividend yield for the trailing twelve months is around 2.82%, more than SBUY.L's 1.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SBUY.L Invesco Global Buyback Achievers UCITS ETF | 1.69% | 1.86% | 1.80% | 1.73% | 1.91% | 1.20% | 1.62% | 1.90% | 1.31% | 1.16% | 1.60% | 1.27% |
WOOD.L iShares Global Timber & Forestry UCITS ETF USD (Dist) | 2.82% | 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 SBUY.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SBUY.L is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SBUY.L is cheaper with a 0.39% expense ratio, compared with 0.65% for WOOD.L.
WOOD.L tracks S&P Global Timber & Forestry Index (Net), while SBUY.L tracks MSCI ACWI NR USD. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.65% for WOOD.L and 0.39% for SBUY.L.
Find the right allocation for WOOD.L and SBUY.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