WOOD vs. VOOV
Compare and contrast key facts about iShares Global Timber & Forestry ETF (WOOD) and Vanguard S&P 500 Value ETF (VOOV).
WOOD and VOOV 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. VOOV is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Value Index. It was launched on Sep 7, 2010. Both WOOD and VOOV 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 VOOV.
Correlation
The correlation between WOOD and VOOV is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WOOD vs. VOOV - Performance Comparison
Key characteristics
WOOD:
-0.36
VOOV:
0.21
WOOD:
-0.39
VOOV:
0.42
WOOD:
0.95
VOOV:
1.06
WOOD:
-0.25
VOOV:
0.19
WOOD:
-0.88
VOOV:
0.73
WOOD:
7.72%
VOOV:
4.70%
WOOD:
19.13%
VOOV:
15.94%
WOOD:
-63.23%
VOOV:
-37.31%
WOOD:
-19.86%
VOOV:
-10.80%
Returns By Period
In the year-to-date period, WOOD achieves a -4.70% return, which is significantly lower than VOOV's -4.19% return. Over the past 10 years, WOOD has underperformed VOOV with an annualized return of 4.74%, while VOOV has yielded a comparatively higher 9.33% annualized return.
WOOD
-4.70%
-5.06%
-9.34%
-6.62%
10.04%
4.74%
VOOV
-4.19%
-4.96%
-6.97%
2.73%
14.30%
9.33%
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WOOD vs. VOOV - Expense Ratio Comparison
WOOD has a 0.46% expense ratio, which is higher than VOOV's 0.10% expense ratio.
Risk-Adjusted Performance
WOOD vs. VOOV — Risk-Adjusted Performance Rank
WOOD
VOOV
WOOD vs. VOOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Timber & Forestry ETF (WOOD) and Vanguard S&P 500 Value ETF (VOOV). 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. VOOV - Dividend Comparison
WOOD's dividend yield for the trailing twelve months is around 2.19%, less than VOOV's 2.24% 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% |
VOOV Vanguard S&P 500 Value ETF | 2.24% | 2.10% | 1.69% | 2.19% | 1.87% | 2.45% | 2.10% | 2.65% | 2.13% | 2.24% | 2.36% | 1.98% |
Drawdowns
WOOD vs. VOOV - Drawdown Comparison
The maximum WOOD drawdown since its inception was -63.23%, which is greater than VOOV's maximum drawdown of -37.31%. Use the drawdown chart below to compare losses from any high point for WOOD and VOOV. For additional features, visit the drawdowns tool.
Volatility
WOOD vs. VOOV - Volatility Comparison
The current volatility for iShares Global Timber & Forestry ETF (WOOD) is 11.42%, while Vanguard S&P 500 Value ETF (VOOV) has a volatility of 12.14%. This indicates that WOOD experiences smaller price fluctuations and is considered to be less risky than VOOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.