WOOD vs. ESGV
Compare and contrast key facts about iShares Global Timber & Forestry ETF (WOOD) and Vanguard ESG U.S. Stock ETF (ESGV).
WOOD and ESGV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. ESGV is a passively managed fund by Vanguard that tracks the performance of the FTSE US All Cap Choice Index. It was launched on Sep 18, 2018. Both WOOD and ESGV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WOOD or ESGV.
Correlation
The correlation between WOOD and ESGV is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WOOD vs. ESGV - Performance Comparison
Key characteristics
WOOD:
-0.16
ESGV:
1.78
WOOD:
-0.12
ESGV:
2.39
WOOD:
0.99
ESGV:
1.33
WOOD:
-0.13
ESGV:
2.65
WOOD:
-0.53
ESGV:
11.00
WOOD:
4.98%
ESGV:
2.25%
WOOD:
16.05%
ESGV:
13.86%
WOOD:
-63.23%
ESGV:
-33.66%
WOOD:
-16.80%
ESGV:
-3.75%
Returns By Period
In the year-to-date period, WOOD achieves a -5.23% return, which is significantly lower than ESGV's 24.49% return.
WOOD
-5.23%
-4.40%
-4.13%
-4.88%
4.12%
5.55%
ESGV
24.49%
-0.04%
9.01%
26.60%
14.57%
N/A
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WOOD vs. ESGV - Expense Ratio Comparison
WOOD has a 0.46% expense ratio, which is higher than ESGV's 0.09% expense ratio.
Risk-Adjusted Performance
WOOD vs. ESGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Timber & Forestry ETF (WOOD) and Vanguard ESG U.S. Stock ETF (ESGV). 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.
Dividends
WOOD vs. ESGV - Dividend Comparison
WOOD's dividend yield for the trailing twelve months is around 2.11%, more than ESGV's 0.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WOOD iShares Global Timber & Forestry ETF | 2.11% | 1.64% | 2.26% | 1.24% | 0.98% | 1.85% | 2.82% | 1.19% | 1.65% | 2.04% | 1.71% | 1.55% |
ESGV Vanguard ESG U.S. Stock ETF | 0.77% | 1.16% | 1.42% | 0.95% | 1.11% | 1.27% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WOOD vs. ESGV - Drawdown Comparison
The maximum WOOD drawdown since its inception was -63.23%, which is greater than ESGV's maximum drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for WOOD and ESGV. For additional features, visit the drawdowns tool.
Volatility
WOOD vs. ESGV - Volatility Comparison
iShares Global Timber & Forestry ETF (WOOD) has a higher volatility of 5.66% compared to Vanguard ESG U.S. Stock ETF (ESGV) at 4.09%. This indicates that WOOD's price experiences larger fluctuations and is considered to be riskier than ESGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.