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WOOD vs XME

iShares Global Timber & Forestry ETF

WOODDNasdaq

State Street SPDR S&P Metals & Mining ETF

XMEBNYSE Arca

Overlap

Expense ratio

XME −0.04pt a year

WOOD0.39%XME0.35%

Avg volume · 30D

XME 79.1×the volume

WOOD23.2KXME1.83M

10Y return · a year

XME +11.3pt

WOOD+4.5%XME+15.8%

WOOD vs XME Performance

Oct 29, 2021 – Oct 30, 2026

−14.8%WOOD+134.2%XME

Oct 29, 2021 to Oct 30, 2026. WOOD −14.8%. XME +134.2%. Use the arrow keys to read each point.50%100%200%Oct 2021Apr 2024Oct 2026
Expense ratio
WOOD 0.39%
XME 0.35%, better
Fund size
WOOD $247M
XME $3.84B
1Y total return
WOOD −3.7%
XME +1.6%, better
Yield (12M)
WOOD 2.58%, better
XME 0.35%
Holdings
WOOD 39
XME 39
Avg volume (30D)
WOOD 23.2K sh
XME 1.83M sh, better
NAV per share
WOOD $65.30
XME $101.06
52W range

ETF.net Grade

WOOD: Cost 31, Risk 38, Mission not scored, Tradability 28, Holdings 42, Durability 54. XME: Cost 61, Risk 29, Mission 52, Tradability 92, Holdings 67, Durability 70.
Pillar letters and Scores for WOOD, XME, with each pillar’s weight
PillarWOODXME
Cost30% weightD31B61Higher
Mission25% weightNot scoredC52
Risk15% weightD38HigherD29
Tradability15% weightD28A92Higher
Holdings10% weightC42B67Higher
Durability5% weightC54A70Higher

Rank among Materials (Broad) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. WOOD and XME are both graded against the same 14 Materials (Broad) funds, so their Grades compare head to head.

Materials (Broad)⁠

Category · 14 funds
See all 14 ›

XME ranks 4th and WOOD 12th of 14 funds in the Materials (Broad) Category.

  1. Rank 1AXLBState Street Materials Select Sector SPDR ETFScore 84
  2. Rank 2AFMATFidelity MSCI Materials Index ETFScore 70
  3. Rank 3BVAWVanguard Materials ETFScore 66
  4. Rank 4BXMEState Street SPDR S&P Metals & Mining ETFScore 62
  5. Rank 5BIYMiShares U.S. Basic Materials ETFScore 55
  6. Rank 11DFXZFirst Trust Materials AlphaDEX FundScore 38
  7. Rank 12DWOODiShares Global Timber & Forestry ETFScore 34
  8. Rank 13DSLXVanEck Steel ETFScore 33

Our read on each fund

ETF.net Research

WOODDiShares Global Timber & Forestry ETF

XMEBState Street SPDR S&P Metals & Mining ETF

In short

WOOD Wood is a commodity you can only really own through companies: timberland REITs, Brazilian pulp, Nordic paper, packaging. WOOD packs roughly 25 of them into one ticker and has been doing it since 2008.

XME Not the chemicals-heavy materials fund. XME holds roughly 40 miners and steelmakers on a modified equal weight, so a small copper name carries about the weight of a giant. Ore, coal and metal, since 2006.

Stated mandate

WOOD WOOD is designed to follow an index of worldwide stocks involved in or connected with timber and forestry, giving investors targeted exposure to forest products, packaging, and paper businesses.

XME The fund seeks to track, before fees and expenses, the total return performance of the S&P Metals and Mining Select Industry Index.

Why people hold it

  • WOOD Genuinely narrow: the index targets companies that own, manage or supply the upstream chain of forests and timberlands, not a materials grab bag.spglobal.com
  • Global by construction, developed and emerging markets both, so Brazilian pulp, Nordic paper and North American timber REITs sit side by side.blackrock.com
  • Live since 2008, with a semiannual distribution schedule fed by paper, packaging and timber REIT dividends.blackrock.com
  • XME Pure play on the metals and mining slice: aluminum, coal, copper, gold, precious metals, silver and steel sub-industries, not the whole materials sector.ssga.com
  • Modified equal weighting spreads exposure across large, mid and small caps, so the biggest miners don't set the tone for the whole portfolio.ssga.com
  • One of the more actively traded funds in its corner of the market, and a multi-billion-dollar fund that has been running since 2006.
  • 0.35% expense ratio, slightly under the median for the materials funds we grade, which is unusual for a narrow industry sleeve.

Worth knowing

  • WOOD Concentrated: around 25 holdings and non-diversified by prospectus, so a handful of large names steer the ride.ishares.com
  • At 0.39% it costs several times a broad materials index fund like XLB, VAW or FMAT, all near 0.08%. Narrow themes rarely come cheap.
  • Thinly traded next to the big sector funds, and most holdings trade on overseas exchanges, so spreads can run wider.blackrock.com
  • XME Broad materials funds cost far less: XLB at 0.08% and VAW at 0.09%. They also own a very different mix, chemicals and packaging included.
  • About 40 names, many of them smaller miners, in one cyclical industry. Swings run wider than a diversified sector fund's.
  • The portfolio's fortunes track commodity cycles in steel, coal, copper and gold rather than broad industrial demand.ssga.com

Full WOOD profile⁠

Full XME profile⁠

WOOD vs XME Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

WOOD vs XME Cost

Overpaying WOOD vs XME

$772

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • WOOD 0.39%

    $7,898

  • XME 0.35%

    $7,126

$10,000
30 years

Cost over time

  • WOOD 0.39%
  • XME 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530WOOD $7,898XME $7,126

Year by year

YearWOODXMEOverpaying
10$705$634$71
20$2,725$2,454$271
30$7,898$7,126$772

Expense ratio

  • 0.39%WOOD
  • 0.35%XME, cheaper
  • Middle half of Materials (Broad) funds
  • Median 0.37%

XME 6th cheapest of 14 funds

WOOD 9th cheapest of 14 funds

WOOD vs XME Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
WOOD 2.58%, better
XME 0.35%
Payout (12M)
WOOD $1.68
XME $0.34
Last payment
WOOD $0.63
XME $0.07
Ex-dividend
WOOD Jun 15, 2026
XME Sep 21, 2026
Paid on
WOOD Jun 18, 2026
XME Sep 23, 2026
Frequency
WOOD Twice a year
XME Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

WOODTwice a year · 18 paymentsAll WOOD payments⁠
One bar per payment. 18 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.69; Dec 21, 2017 $0.16; Jun 19, 2018 $0.80; Dec 18, 2018 $0.81; Jun 17, 2019 $1.12; Dec 16, 2019 $0.12; Jun 15, 2020 $0.47; Dec 14, 2020 $0.31; Jun 10, 2021 $0.86; Dec 13, 2021 $0.28; Jun 9, 2022 $1.54; Dec 13, 2022 $0.10; Jun 7, 2023 $1.34; Jun 11, 2024 $1.26; Dec 17, 2024 $0.34; Jun 16, 2025 $0.75; Dec 16, 2025 $1.06; Jun 15, 2026 $0.63. Use the arrow keys to read each point.$0$12017202020232026YTD
XMEQuarterly · 39 paymentsAll XME payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.04; Jun 16, 2017 $0.05; Sep 15, 2017 $0.06; Dec 15, 2017 $0.27; Mar 16, 2018 $0.05; Jun 15, 2018 $0.37; Sep 21, 2018 $0.07; Dec 21, 2018 $0.09; Mar 15, 2019 $0.15; Jun 21, 2019 $0.34; Sep 20, 2019 $0.10; Dec 20, 2019 $0.12; Mar 23, 2020 $0.08; Jun 22, 2020 $0.09; Sep 21, 2020 $0.07; Dec 21, 2020 $0.08; Mar 22, 2021 $0.08; Jun 21, 2021 $0.09; Sep 20, 2021 $0.07; Dec 20, 2021 $0.08; Mar 21, 2022 $0.06; Jun 21, 2022 $0.21; Sep 19, 2022 $0.20; Dec 19, 2022 $0.35; Mar 20, 2023 $0.17; Jun 20, 2023 $0.16; Sep 18, 2023 $0.17; Dec 18, 2023 $0.10; Mar 18, 2024 $0.10; Jun 24, 2024 $0.10; Sep 23, 2024 $0.11; Dec 23, 2024 $0.06; Mar 24, 2025 $0.07; Jun 23, 2025 $0.09; Sep 22, 2025 $0.10; Dec 22, 2025 $0.13; Mar 23, 2026 $0.06; Jun 22, 2026 $0.08; Sep 21, 2026 $0.07. Use the arrow keys to read each point.$0$12017202020232026YTD

WOOD vs XME Risk

Fall from peak · 5 years

  • WOOD
  • XME
Oct 29, 2021 to Oct 30, 2026. Worst fall: XME −37.3% · Sep 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
WOOD 17.2%, betterXME 29.7%
Return per unit of riskSharpe ratio, 3 years
WOOD −0.23XME 0.79, better
Worst fallMax drawdown, 5 years
WOOD −30.7%, betterXME −37.3%
Market sensitivityBeta, 5 years
WOOD 0.74XME 1.32

WOOD and XME in the news

All news⁠

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