Bonds & fixed income
CUTInvescoINDEX
Invesco MSCI Global Timber ETF
$28.23+0.82% vs prior close
263352-WK
Price through Oct 27, 2026 · Flows through Oct 26, 2026. Figures use the latest available records, not a live quote. Fund details retrieved Oct 27, 2026. Holdings snapshot retrieved Oct 27, 2026.
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index, as well as American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that represent securities in the underlying index. The underlying index is comprised of equity securities of companies that are primarily engaged in the ownership and management of forests and timberlands and the production of finished products that use timber as a raw material. The fund is non-diversified.
CUT price
Source: Market tape, daily closes; price return, distributions not reinvested
Table
| Date | CUT close |
|---|---|
| Sep 28, 2026 | $28.56 |
| Sep 29, 2026 | $28.27 |
| Sep 30, 2026 | $28.07 |
| Oct 1, 2026 | $27.64 |
| Oct 2, 2026 | $27.61 |
| Oct 5, 2026 | $27.47 |
| Oct 6, 2026 | $27.48 |
| Oct 7, 2026 | $27.25 |
| Oct 8, 2026 | $27.42 |
| Oct 9, 2026 | $27.55 |
| Oct 12, 2026 | $27.46 |
| Oct 13, 2026 | $27.82 |
| Oct 14, 2026 | $27.71 |
| Oct 15, 2026 | $27.95 |
| Oct 16, 2026 | $27.97 |
| Oct 19, 2026 | $27.98 |
| Oct 20, 2026 | $28.09 |
| Oct 21, 2026 | $27.98 |
| Oct 22, 2026 | $28.22 |
| Oct 23, 2026 | $28.08 |
| Oct 26, 2026 | $28.00 |
| Oct 27, 2026 | $28.23 |
Daily net flows, 1M
Net inflow over the range: +$0M
Source: Daily creation and redemption records
Show as table
| Label | Value ($) |
|---|---|
| Sep 28 | $0 |
| Sep 29 | $0 |
| Sep 30 | $0 |
| Oct 1 | $0 |
| Oct 2 | $0 |
| Oct 5 | $0 |
| Oct 6 | $0 |
| Oct 7 | $0 |
| Oct 8 | $0 |
| Oct 9 | $0 |
| Oct 12 | $0 |
| Oct 13 | $0 |
| Oct 14 | $0 |
| Oct 16 | $0 |
| Oct 19 | $0 |
| Oct 20 | $0 |
| Oct 21 | $0 |
| Oct 22 | $0 |
| Oct 23 | $0 |
| Oct 26 | $0 |
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned -2.9% so far this year. At 0.67% a year it is not the cheapest way in — IWR has a reported fee of 0.19%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$29Massets under management
0.67%expense ratio · $67 per $10,000 a year
—net flow, trailing month
2Kavg daily volume, 30 days
75holdings · US-domiciled
2007listed November 9, 2007 · beta 0.69
The book at a glance
CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS THE CHANGE IN THE LATEST AVAILABLE SNAPSHOT · TOP 40 POSITIONS
Holdings
| # | Holding | Weight | Price | Day | 52-wk | |
|---|---|---|---|---|---|---|
| 1 | BILLBILL HOLDINGS | 1.60% | $49.41 | -1.0% | ||
| 2 | PKGPACKAGING CORP OF AMERICA | 5.24% | $253.01 | -0.3% | ||
| 3 | AVYAVERY DENNISON | 5.32% | $181.71 | -0.9% | ||
| 4 | AMCRAMCOR | 5.20% | $45.94 | -0.5% | ||
| 5 | SWSMURFIT WESTROCK PLC | 4.60% | $42.54 | +0.7% | ||
| 6 | RYNRAYONIER | 4.38% | $19.22 | +1.4% | ||
| 7 | IPINTERNATIONAL PAPER | 4.33% | $33.38 | -0.1% | ||
| 8 | SONSONOCO PRODUCTS | 4.30% | $49.30 | +0.1% | ||
| 9 | WYWEYERHAEUSER | 4.24% | $19.39 | -1.0% | ||
| 10 | WFGWEST FRASER TIMBER CO | 3.22% | $69.66 | -0.5% | ||
| 11 | GPKGRAPHIC PACKAGING HOLDING | 2.25% | $8.69 | -0.8% | ||
| 12 | NVGNUVEEN AMT-FREE MUNICIPAL CREDIT INCOME FUND | 0.61% | $11.13 | +0.6% | ||
| 13 | CASSIMPLIFY CHINA A SHARES PLUS INCOME ETF | 0.80% | $20.28 | -6.2% | ||
| 14 | CPBICENTRAL PLAINS BANCSHARES INC | 0.32% | $20.62 | +0.5% | ||
| 15 | SLVMSYLVAMO | 0.92% | $32.45 | -0.5% |
The full book, free with one sign-in.
Top 15 positions are open to everyone. Sign in once and every fund’s complete holdings — plus watchlists and flow alerts — unlock across the network.
Sign in to see all 75Sector weights
- Process Industries78.99%
- Consumer Discretionary50.48%
- Consumer Cyclical46.48%
- Basic Materials40.81%
- Materials37.01%
- Other30.23%
- Real Estate9.28%
- Finance9.02%
- Non-Energy Minerals6.5%
- Producer Manufacturing3.44%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| Process Industries | 78.99% |
| Consumer Discretionary | 50.48% |
| Consumer Cyclical | 46.48% |
| Basic Materials | 40.81% |
| Materials | 37.01% |
| Other | 30.23% |
| Real Estate | 9.28% |
| Finance | 9.02% |
| Non-Energy Minerals | 6.5% |
| Producer Manufacturing | 3.44% |
Country weights
- United States38.81%
- Other29.8%
- United Kingdom13.17%
- Finland9.98%
- Ireland8.41%
- Sweden6.16%
- Brazil5.35%
- Canada4.86%
Source: Portfolio composition, latest disclosure
Show as table
| Item | Value (%) |
|---|---|
| United States | 38.81% |
| Other | 29.8% |
| United Kingdom | 13.17% |
| Finland | 9.98% |
| Ireland | 8.41% |
| Sweden | 6.16% |
| Brazil | 5.35% |
| Canada | 4.86% |
Performance
| 1 week | +0.9% |
| 1 month | -1.8% |
| 3 months | -4.0% |
| 6 months | +1.5% |
| YTD | -2.9% |
| 1 year | -3.8% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | −$2M |
| YTD | −$12M |
| 1 year | −$12M |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Monthly net flows
- Inflow / above zero
- Outflow / below zero
Source: Daily creation/redemption records, trailing twelve months
Show as table
| Label | Value ($) |
|---|---|
| Aug | −$1.5M |
| Sep | −$1.6M |
| Oct | $0 |
| Feb | −$6.6M |
| Mar | −$4.3M |
| Apr | $0 |
| May | $0 |
| Jun | $0 |
| Jul | $0 |
| Aug | −$1.5M |
| Sep | $0 |
| Oct | $0 |
The risk read
11%realized volatility, 30 days (annualized)
19%realized volatility, 1 year
-19.6%deepest fall from a peak, 1 year
-13.8%latest close versus that peak
The top holding is 5.9% of the book; the top ten carry 50%. Spread across 51+ names, it behaves like roughly 26 equally-weighted positions.
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
—calls · latest snapshot
—puts · latest snapshot
—put/call ratio
1Kshares traded
| Most-traded holdings, options premium | Bullish | Bearish |
|---|---|---|
| IP INTERNATIONAL PAPER | $253,089 | $276,197 |
| WY WEYERHAEUSER | $263,513 | $151,324 |
| BILL BILL HOLDINGS | $51,800 | $179,217 |
| RYN RAYONIER | $79,701 | $46,168 |
| GPK GRAPHIC PACKAGING HOLDING | $38,448 | $20,330 |
TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES
The case against CUT
Due diligence cuts both ways. These funds sit on the same shelf and beat CUT on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| SPDW SPDR Portfolio Developed World ex-US ETF | 0.03% | $40.7B | +$609M | -64bp on fee · 1380× the assets · +$609M in over the month | Head-to-head |
| SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF | 0.03% | $18.4B | +$199M | -64bp on fee · 623× the assets · +$199M in over the month | Head-to-head |
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.4B | +$497M | -63bp on fee · 1100× the assets · +$497M in over the month | Head-to-head |
| IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 0.04% | $23.7B | +$51M | -63bp on fee · 805× the assets · +$51M in over the month | Head-to-head |
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.04% | $18.6B | +$412M | -63bp on fee · 631× the assets · +$412M in over the month | Head-to-head |