sotnkρ +0.66beyond mkt +0.42holdout +0.68stable 100%robust
WOOD iShares Global Timber & Forestry ETF
- Last close
- 66.90
- 504-day return
- -13.66%
- Median $/day
- $588k
- Relationships shown
- 11
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
WOOD vs IP
Both indexed to 100 at 2026-05-11.
Moves with WOOD
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.68beyond mkt +0.42holdout +0.72stable 100%robust
ρ +0.61beyond mkt +0.35holdout +0.62stable 100%robust
ρ +0.63beyond mkt +0.33holdout +0.62stable 100%robust
ρ +0.58beyond mkt +0.33holdout +0.55stable 100%robust
ρ +0.60beyond mkt +0.29holdout +0.56stable 100%robust
Moves against WOOD
ρ -0.40beyond mkt -0.06holdout -0.46stable 100%robust
ρ -0.34beyond mkt -0.04holdout -0.40stable 100%robust
ρ -0.44beyond mkt -0.04holdout -0.49stable 100%robust
ρ -0.38beyond mkt -0.03holdout -0.43stable 100%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.36holdout +0.20stable 75%robust
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ -0.64recent -0.34prior +0.30beyond mkt +0.14
Δ -0.63recent -0.27prior +0.36beyond mkt -0.01
Δ -0.63recent -0.18prior +0.46beyond mkt -0.06
Δ -0.63recent -0.50prior +0.13beyond mkt -0.11
Δ -0.62recent -0.10prior +0.52beyond mkt +0.03
Δ -0.62recent -0.41prior +0.21beyond mkt -0.08
Hidden links
Strong beyond-the-market co-movement with few shared neighbours.