WOOD vs. FZROX
Compare and contrast key facts about iShares Global Timber & Forestry ETF (WOOD) and Fidelity ZERO Total Market Index Fund (FZROX).
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. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WOOD or FZROX.
Correlation
The correlation between WOOD and FZROX 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. FZROX - Performance Comparison
Key characteristics
WOOD:
-0.36
FZROX:
0.52
WOOD:
-0.39
FZROX:
0.85
WOOD:
0.95
FZROX:
1.12
WOOD:
-0.25
FZROX:
0.53
WOOD:
-0.88
FZROX:
2.17
WOOD:
7.72%
FZROX:
4.72%
WOOD:
19.13%
FZROX:
19.78%
WOOD:
-63.23%
FZROX:
-34.96%
WOOD:
-19.86%
FZROX:
-10.93%
Returns By Period
In the year-to-date period, WOOD achieves a -4.70% return, which is significantly higher than FZROX's -6.82% return.
WOOD
-4.70%
-5.06%
-9.34%
-6.62%
10.04%
4.74%
FZROX
-6.82%
-5.10%
-5.17%
8.87%
15.59%
N/A
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WOOD vs. FZROX - Expense Ratio Comparison
WOOD has a 0.46% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Risk-Adjusted Performance
WOOD vs. FZROX — Risk-Adjusted Performance Rank
WOOD
FZROX
WOOD vs. FZROX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Timber & Forestry ETF (WOOD) and Fidelity ZERO Total Market Index Fund (FZROX). 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. FZROX - Dividend Comparison
WOOD's dividend yield for the trailing twelve months is around 2.19%, more than FZROX's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WOOD iShares Global Timber & Forestry ETF | 2.19% | 2.09% | 1.64% | 2.26% | 1.24% | 0.98% | 1.85% | 2.82% | 1.19% | 1.65% | 2.04% | 1.71% |
FZROX Fidelity ZERO Total Market Index Fund | 1.24% | 1.16% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WOOD vs. FZROX - Drawdown Comparison
The maximum WOOD drawdown since its inception was -63.23%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for WOOD and FZROX. For additional features, visit the drawdowns tool.
Volatility
WOOD vs. FZROX - Volatility Comparison
The current volatility for iShares Global Timber & Forestry ETF (WOOD) is 11.42%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 14.39%. This indicates that WOOD experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.