# Timber and forestry ETFs: 2 funds, largest first

> ETFIQ covers 2 timber and forestry ETFs. The largest are WOOD ($249m) and CUT ($29m); fees run 0.39% to 0.76%, as of Oct 26 to 27, 2026.

Data as of Oct 27, 2026. Rebuilt every trading night.

Data as of Oct 27, 2026 .

## Timber and forestry ETFs: what each one holds

See every timber and forestry ETF by what it holds, not by its name. Funds that hold forestry owners, timber REITs and the mills that turn logs into lumber and paper. 2 funds, largest first. Updated Oct 27, 2026. The typical fund carries 26% of its weight in S&P 500 stocks, the 31st most of the 53 themes with holdings on file.

2 US listed timber and forestry ETFs

$249m The largest, WOOD

0.39% The cheapest, WOOD

−1.4% Best one year, CUT

### The short answers

Least like the S&P 500 WOOD , iShares Global Timber & Forestry ETF, 23.1% of its weight in S&P 500 companies. The two funds CUT and WOOD , 43% of their weight in the same names.

### What these funds actually own

Between them the 2 funds' ten largest holdings name 19 companies, of which 1 appear in more than one. RAYONIER REIT is among the ten largest of 2 of them, at an average of 4.4% of the fund.

| Company | Among the ten largest of | Average weight where it is | Largest, and in which fund |
| --- | --- | --- | --- |
| RAYONIER REIT RYN | 2 of 2 | 4.4% | 4.5% in CUT |
| SUZANO SA | 1 of 2 | 8.1% | 8.1% in WOOD |
| WEYERHAEUSER REIT WY | 1 of 2 | 8.0% | 8.0% in WOOD |
| Svenska Cellulosa AB SCA SCAB | 1 of 2 | 5.8% | 5.8% in CUT |
| SVENSKA CELLULOSA B SCA.B | 1 of 2 | 5.6% | 5.6% in WOOD |
| UPM-Kymmene Oyj UPM | 1 of 2 | 5.4% | 5.4% in CUT |
| Packaging Corp of America PKG | 1 of 2 | 5.4% | 5.4% in CUT |
| Avery Dennison Corp AVY | 1 of 2 | 5.4% | 5.4% in CUT |
| WEST FRASER TIMBER WFG | 1 of 2 | 5.2% | 5.2% in WOOD |
| Amcor PLC AMCR | 1 of 2 | 5.2% | 5.2% in CUT |
| Stora Enso Oyj STERV | 1 of 2 | 5.2% | 5.2% in CUT |
| NINE DRAGONS PAPER HOLDINGS LTD | 1 of 2 | 4.8% | 4.8% in WOOD |
| HOLMEN CLASS B HOLM.B | 1 of 2 | 4.7% | 4.7% in WOOD |
| Smurfit Westrock PLC SW | 1 of 2 | 4.6% | 4.6% in CUT |
| SUMITOMO FORESTRY | 1 of 2 | 4.6% | 4.6% in WOOD |

The 15 most widely held of 19. Each row counts the ten largest holdings of each fund, so a fund missing from a row may still hold that company lower down. Weights are of the funds that name it, not of the theme.

### The 2 largest timber and forestry ETFs

ETFIQ covers 2 timber and forestry ETFs. The largest are WOOD ( $249m ) and CUT ( $29m ); fees run 0.39% to 0.76% , as of Oct 26 to 27, 2026 .

- WOOD iShares Global Timber & Forestry ETF $249m 0.39%

- CUT Invesco MSCI Global Timber ETF $29m 0.76%

| Ticker | Fund | Issuer | Net assets | In the S&P 500 | Active share | Total return 1Y | vs its benchmark 1Y | Fee |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| WOOD | iShares Global Timber & Forestry ETF | iShares | $249m | 23.1% | 99.9% | −7.0% | not measured | 0.39% |
| CUT | Invesco MSCI Global Timber ETF | Invesco | $29m | 29.2% | 99.8% | −1.4% | not measured | 0.76% |

### How much of each pair is the same fund

The two funds hold 43% of their weight in the same names.

| | WOOD | CUT |
| --- | --- | --- |
| WOOD | · | 43% |
| CUT | 43% | · |

Weight overlap adds the smaller of the two weights for every company both funds hold. Funds with a cut-short book are left out, not compared short.

### What each fund holds alone

| Fund | Largest holding it alone has | Weight | All of its own names |
| --- | --- | --- | --- |
| WOOD | SVENSKA CELLULOSA B SCA.B | 5.6% | 29.3% |
| CUT | Svenska Cellulosa AB SCA SCAB | 5.8% | 54.8% |

### Questions people ask

How many timber and forestry ETFs are there? ETFIQ covers 2 US listed timber and forestry ETFs as of Oct 27, 2026. That is every one it can measure from the fund’s own published holdings. What is the largest timber and forestry ETF? WOOD , iShares Global Timber & Forestry ETF, at $249m in net assets as of Oct 27, 2026, the largest of the 2 timber and forestry ETFs with a published size. What is the cheapest timber and forestry ETF? WOOD , iShares Global Timber & Forestry ETF, at 0.39% a year by its prospectus filed Jul 27, 2026, the lowest fee of the 2 timber and forestry ETFs that publish one. Which timber and forestry ETF has performed best over the past year? CUT , Invesco MSCI Global Timber ETF, at −1.4% total return over the year to Oct 27, 2026, the highest of the 2 timber and forestry ETFs with a full year of trading behind them. Past returns do not predict future ones. What do timber and forestry ETFs hold? Funds that hold forestry owners, timber REITs and the mills that turn logs into lumber and paper. Between them the 2 timber and forestry ETFs ETFIQ can read name 19 companies in their ten largest holdings, by holdings dated Oct 26, 2026, most widely RAYONIER REIT, which is among the ten largest of 2 of them. Do timber and forestry ETFs hold the same companies? CUT and WOOD , the two timber and forestry ETFs with a full published book, hold 43% of their weight in the same names, by holdings dated Oct 26, 2026.

### What the issuers say about this theme

The issuers behind these timber and forestry funds publish their own work on this theme. These are their pages and words, not ETFIQ’s. A fund company writing about a theme it sells is making a case.

| Issuer | What they publish | Kind |
| --- | --- | --- |
| iShares | iShares Portfolio Insights | Their research index |
| Invesco | Invesco insights | Their research index |

### Where to next

### Sources

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ETFIQ is an independent publisher and makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Timber and forestry ETFs: what each one holds, data as of Oct 27, 2026. https://etfiq.com/themes/timber
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
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