The iShares S&P Global Timber & Forestry Index Fund (NYSEArca: WOOD) include forest products companies, timber real estate investment trusts (REITs), paper-products companies, paper-packaging companies and agricultural-products companies. There is no dividend yield for WOOD yet. [Temple-Inland, International Paper Lift Timber ETFs]
Despite a slow housing market in the U.S.,much of the timber cut domestically is transported overseas, where housing market are in better shape. While timber prices and ETFs will rise based on good news from the housing market in the United States, it also jumps from the fundamentals of economic demand, reports Chris Vermeulen for ForexPros.
Claymore Beacon Timber ETF
Tisha Guerrero contributed to this article.