WOOD vs. BERZ ETF Comparison
Comparison of iShares S&P Global Timber & Forestry Index Fund (WOOD) to MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ)
WOOD
iShares S&P Global Timber & Forestry Index Fund
WOOD Description
The investment seeks to track the investment results of an index composed of global equities in or related to the timber and forestry industry. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global Timber & Forestry IndexTM (the "underlying index"), which is comprised of approximately 25 of the largest publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$85.32
Average Daily Volume
9,218
11
BERZ
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN
BERZ Description
BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.Grade (RS Rating)
Last Trade
$18.06
Average Daily Volume
123,666
15
Performance
| Period | WOOD | BERZ |
|---|---|---|
| 30 Days | 4.20% | -10.37% |
| 60 Days | 8.81% | -30.30% |
| 90 Days | 8.98% | 3.02% |
| 12 Months | 21.60% | -76.19% |
0 Overlapping Holdings
| Symbol | Grade | Weight in WOOD | Weight in BERZ | Overlap |
|---|
WOOD: Top Represented Industries & Keywords
BERZ: Top Represented Industries & Keywords
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