Summary
Invesco MSCI Global Timber ETF is an ETF - a fund traded on an exchange like a stock - run by Invesco. Positions inside: 59. The ten largest make up 50% of the fund.
- Yearly costs
- 0.99%
- Fund size
- $29.1M
- Positions
- 59
- Dividend yield
- 2.53%
- Running since
- 2007
What speaks for it
- It has been running since 2007.
What to watch
- 47% of the fund is in one sector (Consumer cyclical).
- Costs of 0.99% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 35% from its high.
- A small fund with $29.1M under management; small funds get closed more often.
- It trades little: only about $48.4K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.7%
- 3 months
- +0.2%
- This year
- -2.9%
- 1 year
- -4.0%
- 3 years
- +0.2%
- 5 years
- -23%
- 10 years
- +16%
- Avg. market cap
- $9.53B
- P/E
- 16.4x
- Forward P/E
- 15.5x
- P/S
- 0.9x
- P/B
- 1.1x
- P/FCF
- 0.4x
- EV/EBITDA
- 3.2x
- Dividend yield
- 2.84%
- ROIC
- 3.9%
- ROE
- 5.7%
- Gross margin
- 17.5%
- Operating margin
- 6.7%
- Net margin
- 4.1%
- Payout ratio
- 46.5%
- Net debt/EBITDA
- 3.4x
- Beta
- 0.73
Weighted average of the 46 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 SCSvenska Cellulosa Aktiebolaget SCA (publ) SCA-B.ST 5.9%
- 2 UPUPM-Kymmene Oyj UPM.HE 5.6%
- 3 STStora Enso Oyj STERV.HE 5.4%
- 4 AVAvery Dennison AVY 5.2%
- 5 AMAmcor plc AMCR 4.9%
- 6 PKPackaging Corporation of America PKG 4.9%
- 7 SWSmurfit Westrock SW 4.5%
- 8 RYRayonier Inc. RYN 4.5%
- 9 IPInternational Paper Company IP 4.5%
- 10 SUSuzano S.A. SUZB3.SA 4.4%
Positions in the fund: 59. The ten largest make up 50% of it.
Composition as of Oct 17, 2026.
Where is it spread?
One sector dominatesBy sector
- Consumer cyclical 47%
- Basic materials 44%
- Real estate 8.8%
By country
- United States 31%
- Finland 14%
- Sweden 9.6%
- Switzerland 9.0%
- Other countries 36%
By company size
- Large cap 40%
- Mid cap 51%
- Small cap 8.9%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Consumer cyclical (47%). Largest country: United States (31%). Largest size group: Mid cap (51%).
What does it cost me?
Expensive- A year from $10,000
- $99.00
- Over 20 years
- $4,580
From every $10,000 invested the fund takes $99.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,580.
How has it done?
Growing slowly- A year on average, 10 years
- +1.5%
- Deepest drop
- -35%
- Yearly volatility
- 19%
Average yearly growth over the last ten years: 1.5%. Deepest drop in these years: 35% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.53%
- Payments a year
- 1
- Last payment
- $0.72
Over the last 12 months it paid $0.72 per share, which is 2.53% of today's price. The last payment was $0.72 on Dec 22, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $48.4K
- Shares a day
- 1.7K
On an average day about $48.4K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.4
- Average Bulios Score
- 49 out of 100
Weight by Bulios Fair Price
- Undervalued 26%
- Fairly valued 13%
- Overvalued 61%
On average the companies inside trade for 16.4 times their yearly profit. By Fair Price, 61% of the rated weight comes out as overvalued.
Counted from its largest companies (46), which make up 96% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
WO WOOE.AS iShares Global Timber & Forestry UCITS ETF | Ireland | 0.65% | $78.6M | -3.4% | Reinvests | 49% |
WO WOOD iShares Global Timber & Forestry ETF | United States | 0.39% | $256.1M | -7.8% | Pays out | 49% |
RS RSPM Invesco S&P 500 Equal Weight Materials ETF | United States | 0.40% | $177.1M | +19% | Pays out | 22% |