WOOD.L vs. WRDA.L
WOOD.L (iShares Global Timber & Forestry UCITS ETF USD (Dist)) and WRDA.L (UBS Core MSCI World UCITS ETF USD Acc) are both Global Equities funds - WOOD.L tracks the iShares Global Timber & Forestry UCITS ETF USD (Dist) while WRDA.L tracks the MSCI World Index. Both are passively managed. Over the past year, WOOD.L returned -6.67% vs 22.06% for WRDA.L. At a 0.48 correlation, their price movements are largely independent. WOOD.L charges 0.65%/yr vs 0.06%/yr for WRDA.L.
Performance
WOOD.L vs. WRDA.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WOOD.L achieves a -5.32% return, which is significantly lower than WRDA.L's 10.72% return.
WOOD.L
- 1D
- 0.32%
- 1M
- -1.18%
- 6M
- -10.52%
- YTD
- -5.32%
- 1Y
- -6.67%
- 3Y*
- -2.38%
- 5Y*
- -2.95%
- 10Y*
- 4.61%
WRDA.L
- 1D
- 0.00%
- 1M
- 0.47%
- 6M
- 9.40%
- YTD
- 10.72%
- 1Y
- 22.06%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WOOD.L vs. WRDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
WOOD.L iShares Global Timber & Forestry UCITS ETF USD (Dist) | -5.32% | -9.97% | 1.97% |
WRDA.L UBS Core MSCI World UCITS ETF USD Acc | 10.72% | 12.77% | 20.02% |
Correlation
The correlation between WOOD.L and WRDA.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2024 | 0.48 |
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. WRDA.L — Risk / Return Rank
WOOD.L
WRDA.L
WOOD.L vs. WRDA.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 UBS Core MSCI World UCITS ETF USD Acc (WRDA.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 | WRDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.37 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.28 | 0.81 | -1.09 |
| Martin ratioReturn relative to average drawdown | -0.56 | 1.18 | -1.74 |
Loading charts...
Drawdowns
WOOD.L vs. WRDA.L - Drawdown Comparison
The maximum WOOD.L drawdown since its inception was -76.03%, which is greater than WRDA.L's maximum drawdown of -27.39%. Use the drawdown chart below to compare losses from any high point for WOOD.L and WRDA.L.
Loading charts...
Drawdown Indicators
| WOOD.L | WRDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.03% | -27.39% | -48.64% |
Max Drawdown (1Y)Largest decline over 1 year | -20.56% | -27.39% | +6.83% |
Max Drawdown (3Y)Largest decline over 3 years | -25.68% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.40% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.38% | — | — |
Current DrawdownCurrent decline from peak | -25.38% | -15.98% | -9.40% |
Average DrawdownAverage peak-to-trough decline | -28.50% | -8.18% | -20.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.27% | 18.75% | -8.48% |
Volatility
WOOD.L vs. WRDA.L - Volatility Comparison
iShares Global Timber & Forestry UCITS ETF USD (Dist) (WOOD.L) has a higher volatility of 5.07% compared to UBS Core MSCI World UCITS ETF USD Acc (WRDA.L) at 2.72%. This indicates that WOOD.L's price experiences larger fluctuations and is considered to be riskier than WRDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WOOD.L | WRDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.07% | 2.72% | +2.35% |
Volatility (6M)Calculated over the trailing 6-month period | 13.96% | 7.90% | +6.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.09% | 43.22% | -26.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.68% | 29.46% | -12.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.18% | 29.46% | -11.28% |
WOOD.L vs. WRDA.L - Expense Ratio Comparison
WOOD.L has a 0.65% expense ratio, which is higher than WRDA.L's 0.06% expense ratio.
Dividends
WOOD.L vs. WRDA.L - Dividend Comparison
WOOD.L's dividend yield for the trailing twelve months is around 2.86%, while WRDA.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WOOD.L iShares Global Timber & Forestry UCITS ETF USD (Dist) | 2.86% | 3.27% | 2.47% | 2.76% | 2.98% | 1.40% | 1.25% | 2.67% | 0.00% | 0.91% | 1.81% | 1.86% |
WRDA.L UBS Core MSCI World UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WOOD.L and WRDA.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WRDA.L is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WRDA.L is cheaper with a 0.06% expense ratio, compared with 0.65% for WOOD.L.
WOOD.L tracks iShares Global Timber & Forestry UCITS ETF USD (Dist), while WRDA.L tracks MSCI World Index. They also come from different issuers: iShares and UBS. Their fees differ too: 0.65% for WOOD.L and 0.06% for WRDA.L.
Find the right allocation for WOOD.L and WRDA.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