WOOD vs. CUT ETF Comparison

Comparison of iShares S&P Global Timber & Forestry Index Fund (WOOD) to Invesco MSCI Global Timber ETF (CUT)

WOOD

iShares S&P Global Timber & Forestry Index Fund

WOOD Description

The investment seeks to track the investment results of an index composed of global equities in or related to the timber and forestry industry. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global Timber & Forestry IndexTM (the "underlying index"), which is comprised of approximately 25 of the largest publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$79.45

Average Daily Volume

13,498

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

CUT

Invesco MSCI Global Timber ETF

CUT Description

The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.17

Average Daily Volume

12,119

Number of Holdings ^*

19

* may have additional holdings in another (foreign) market

Performance

Period	WOOD	CUT
30 Days	-4.39%	-3.26%
60 Days	3.69%	4.61%
90 Days	3.10%	4.36%
12 Months	12.80%	9.89%

8 Overlapping Holdings

	Symbol	Grade	Weight in WOOD	Weight in CUT	Overlap
	CLW	A	0.49%	0.33%	0.33%
	IP	B	5.72%	4.95%	4.95%
	MERC	A	0.61%	0.19%	0.19%
	PCH	F	4.35%	1.57%	1.57%
	RYN	D	4.33%	2.0%	2.0%
	SLVM	A	2.28%	1.01%	1.01%
	WRK	A	3.98%	5.28%	3.98%
	WY	D	7.55%	4.73%	4.73%

WOOD Overweight 0 Positions Relative to CUT

	Symbol	Grade	Weight

WOOD Underweight 11 Positions Relative to CUT

	Symbol	Grade	Weight
	PKG	B	-5.21%
	AVY	C	-4.83%
	AMCR	D	-4.69%
	GPK	A	-3.94%
	SON	A	-2.54%
	LPX	C	-2.32%
	SEE	F	-2.19%
	WFG	D	-2.08%
	PIN	A	-0.76%
	PTVE	A	-0.3%
	PACK	A	-0.15%

WOOD: Top Represented Industries & Keywords

Industries: Paper & Paper Products Lumber & Wood Production Packaging & Containers REIT - Diversified

Keywords: Pulp Pulp And Paper Industry Packaging Materials Paper Paperboard Real Estate Investment Trust S&P 500 Timberland Wood Products Absorbent Products Bleach Cellulose Cellulose Fiber Coated Paper Fluff Pulp Folding Boxboard Lumber Packaging Products Paper Products Papermaking

CUT: Top Represented Industries & Keywords

Industries: Packaging & Containers Lumber & Wood Production Paper & Paper Products Building Materials Business Equipment Conglomerates REIT - Diversified

Keywords: Containers Packaging Materials Paper S&P 500 Packaging And Labeling Packaging Solutions Paperboard Pulp Pulp And Paper Industry Wood Products Packaging Products Paper Products Printing Timberland Beverage Cellulose Lumber Packaging Papermaking Plywood