iShares Global Timber & Forestry ETF (WOOD) Performance
WOOD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −7.1% since Dec 31, 2025
- 1 year
- −5.6% total return
- 5 years
- −3.4% a year
- 10 years
- +4.9% a year
- Since first price
- +3.6% a year since 2008
WOOD trailing returns vs SPY, QQQ, AGG
| Period | WOOD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.1% | −6.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.2% | −3.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −4.7% | −5.6% | +7.8% | +8.4% | −1.5% |
| YTD | −7.1% | −7.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −5.6% | −7.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +1.0%+0.3%/yr | −4.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −15.9%−3.4%/yr | −23.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +60.8%+4.9%/yr | +34.3% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +136.4%+5.9%/yr | +80.0% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJun 25, 2008 | +90.9%+3.6%/yr | +35.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: WOOD vs SPY
From Jun 25, 2008: WOOD grew to $19,089, SPY to $80,349.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
WOOD returns by calendar year
11 of 17 full years positive. Best 2009 (+36.7%), worst 2022 (−19.4%). 2026 is year to date.
WOOD annual returns table
| Year | WOOD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −7.1% | −21.6% | +12.3% | +15.1% | −1.0% |
| 2025 | −3.3% | −17.5% | +17.7% | +20.8% | +7.2% |
| 2024 | −4.2% | −12.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.8% | −13.5% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.4% | −30.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +17.0% | −13.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +20.4% | −40.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +19.7% | −19.3% | +31.2% | +39.0% | +8.5% |
| 2018 | −17.7% | −32.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +34.5% | −3.7% | +21.7% | +32.7% | +3.6% |
| 2016 | +14.3% | −17.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −8.0% | −21.3% | +1.2% | +9.4% | +0.5% |
| 2014 | +1.8% | −11.1% | +13.5% | +19.2% | +6.0% |
| 2013 | +19.0% | −12.0% | +32.3% | +36.6% | −2.0% |
| 2012 | +23.6% | −18.5% | +16.0% | +18.1% | +3.8% |
| 2011 | −15.3% | −34.3% | +1.9% | +3.4% | +7.7% |
| 2010 | +16.2% | −18.3% | +15.1% | +19.9% | +6.4% |
| 2009 | +36.7% | −40.0% | +26.4% | +54.7% | +3.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
WOOD largest drawdowns
Now 24.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 19, 2008 | −63.2% | Mar 9, 2009 | Jan 14, 2011 | 6 months | 2.3 years |
| Jun 6, 2018 | −50.2% | Mar 23, 2020 | Dec 16, 2020 | 1.8 years | 2.5 years |
| Apr 4, 2011 | −34.3% | Oct 3, 2011 | Mar 27, 2013 | 6 months | 2.0 years |
| May 10, 2021 | −31.9% | Sep 26, 2022 | not yet | 1.4 years | 5.5 years so far |
| Feb 13, 2015 | −29.5% | Feb 11, 2016 | Dec 8, 2016 | 12 months | 1.8 years |
| May 20, 2013 | −12.0% | Jun 24, 2013 | Sep 11, 2013 | 35 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
WOOD risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2008 |
|---|---|---|---|---|
| Annualized return | −1.4% | −2.8% | +4.8% | +3.9% |
| Volatility (annualized) | 17.3% | 19.0% | 20.2% | 22.6% |
| Sharpe ratio | -0.25 | -0.24 | 0.22 | 0.23 |
| Sortino ratio | -0.34 | -0.32 | 0.32 | 0.32 |
| Best month | +8.7% | +9.1% | +15.4% | +28.5% |
| Worst month | −9.5% | −14.9% | −16.2% | −30.3% |
| Best 12 months | +18.2% | +21.8% | +79.4% | +86.5% |
| Worst 12 months | −13.6% | −21.4% | −30.4% | −38.2% |
| Positive months | 50% | 47% | 56% | 57% |
| Beta vs S&P 500 | 0.59 | 0.74 | 0.95 | — |
| Correlation with S&P 500 | 0.43 | 0.61 | 0.72 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
WOOD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 209 | −38.2% | +5.9% | +86.5% | 61% |
| 3-year (a year) | 185 | −6.6% | +6.7% | +27.8% | 84% |
| 5-year (a year) | 161 | −4.0% | +7.2% | +23.0% | 91% |
| 10-year (a year) | 101 | +3.5% | +6.8% | +13.9% | 100% |
Every holding period starting at a month-end since 2008. Returns for 3 years and longer are annualized.
WOOD performance overview
iShares Global Timber & Forestry ETF (WOOD) returned −5.6% over the past year and +4.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2008 it has returned +3.6% a year, turning $10,000 into about $19,089. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −63.2%, from Sep 19, 2008 to Mar 9, 2009, and it took 1.9 years to get back to the old high. WOOD finished 11 of its 17 full calendar years with a gain; the best year was 2009 (+36.7%) and the worst 2022 (−19.4%). Volatility has been 22.6% a year.
Related: WOOD chart, WOOD holdings, WOOD dividends. See the WOOD overview for the latest quote and fund facts.
WOOD performance FAQ
What is the WOOD return over the past year?
WOOD returned −5.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.8%.
What is the average annual return of WOOD?
WOOD has returned −3.4% a year over 5 years, +4.9% a year over 10 years, +3.6% a year since June 25, 2008 (total return, distributions reinvested).
How much would $10,000 invested in WOOD be worth?
$10,000 invested in WOOD at its first recorded close on June 25, 2008 would be worth about $19,089 on October 23, 2026 with distributions reinvested.
What was the worst year for WOOD?
The worst calendar year was 2022, with a total return of −19.4%. The best was 2009 at +36.7%.
What is the biggest drawdown of WOOD?
The largest peak-to-trough decline was −63.2% between September 19, 2008 and March 9, 2009. It recovered to the old high on January 14, 2011, 1.9 years after the bottom.
How volatile is WOOD?
Over the past 3 years WOOD had an annualized volatility of 17.3% and a Sharpe ratio of -0.25 (excess return over 1–3 month T-bills per unit of risk).