WOOD vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Global Timber & Forestry ETF (WOOD) and Bitcoin (BTC-USD).

WOOD is a passively managed fund by iShares that tracks the performance of the S&P Global Timber & Forestry Index. It was launched on Jun 24, 2008.

Performance

WOOD vs. BTC-USD - Performance Comparison

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

WOOD vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WOOD iShares Global Timber & Forestry ETF	-1.14%	-3.27%	-4.21%	13.84%	-19.39%	17.03%	20.36%	19.75%	-17.73%	34.49%
BTC-USD Bitcoin	-21.63%	-6.27%	120.76%	155.82%	-64.23%	59.40%	304.57%	94.10%	-73.37%	1,324.24%

Returns By Period

In the year-to-date period, WOOD achieves a -1.14% return, which is significantly higher than BTC-USD's -21.63% return. Over the past 10 years, WOOD has underperformed BTC-USD with an annualized return of 6.28%, while BTC-USD has yielded a comparatively higher 66.45% annualized return.

WOOD

• 1D: 0.33%
• 1M: -7.02%
• YTD: -1.14%
• 6M: -2.10%
• 1Y: -3.58%
• 3Y*: 1.95%
• 5Y*: -2.08%
• 10Y*: 6.28%

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

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

Return for Risk

WOOD vs. BTC-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WOOD

WOOD Risk / Return Rank: 8
WOOD Sharpe Ratio Rank: 9
WOOD Sortino Ratio Rank: 8
WOOD Omega Ratio Rank: 8
WOOD Calmar Ratio Rank: 9
WOOD Martin Ratio Rank: 8

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WOOD vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Timber & Forestry ETF (WOOD) and Bitcoin (BTC-USD). 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.

	WOOD	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	-0.17	-0.44	+0.27
Sortino ratio Return per unit of downside risk	-0.10	-0.38	+0.28
Omega ratio Gain probability vs. loss probability	0.99	0.96	+0.03
Calmar ratio Return relative to maximum drawdown	-0.17	-1.11	+0.93
Martin ratio Return relative to average drawdown	-0.49	-1.99	+1.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WOOD vs. BTC-USD - Sharpe Ratio Comparison

The current WOOD Sharpe Ratio is -0.17, which is higher than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of WOOD and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WOOD	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.17	-0.44	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.11	0.05	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	0.97	-0.69
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	1.19	-1.02

Correlation

The correlation between WOOD and BTC-USD is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

WOOD vs. BTC-USD - Drawdown Comparison

The maximum WOOD drawdown since its inception was -63.25%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for WOOD and BTC-USD.

Drawdown Indicators

	WOOD	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-63.25%	-85.30%	+22.05%
Max Drawdown (1Y) Largest decline over 1 year	-18.91%	-49.65%	+30.74%
Max Drawdown (5Y) Largest decline over 5 years	-31.90%	-76.67%	+44.77%
Max Drawdown (10Y) Largest decline over 10 years	-50.20%	-83.80%	+33.60%
Current Drawdown Current decline from peak	-19.59%	-45.02%	+25.43%
Average Drawdown Average peak-to-trough decline	-14.69%	-41.99%	+27.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.58%	27.60%	-21.02%

Volatility

WOOD vs. BTC-USD - Volatility Comparison

The current volatility for iShares Global Timber & Forestry ETF (WOOD) is 6.86%, while Bitcoin (BTC-USD) has a volatility of 13.58%. This indicates that WOOD experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WOOD	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.86%	13.58%	-6.72%
Volatility (6M) Calculated over the trailing 6-month period	13.33%	35.98%	-22.65%
Volatility (1Y) Calculated over the trailing 1-year period	20.92%	36.76%	-15.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.66%	46.90%	-27.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.84%	56.70%	-34.86%