2024-05-29 13:23:37 ET
Summary
- iShares Global Timber & Forestry ETF aims to profit from the global timber market, but investors should expect slow growth from this mature industry.
- WOOD has outperformed its closest peer over the last decade but has been beaten definitively by the S&P 500 in terms of total return.
- The ETF's holdings are unfortunately not strictly limited to the timber industry, with some emphasizing machinery and packaging.
- Investors who are desperate to invest in the timber industry would probably do better by picking individual stocks emphasizing the start of the timber value chain.
Investment Thesis
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For further details see:
WOOD: Prospects Are Unlikely To Excite Long-Term Investors