Invesco MSCI Global Timber ETF (CUT)
| Assets | $28.83M |
| Expense Ratio | 0.76% |
| PE Ratio | 15.81 |
| Forward PE | 13.79 |
| Shares Out | 1.05M |
| Dividend | $0.72 (2.56%) |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 44.98% |
| Volume | n/a |
| Open | n/a |
| Previous Close | 27.71 |
| Day's Range | n/a |
| 52-Week Low | 26.30 |
| 52-Week High | 32.95 |
| Beta | 0.73 |
| Holdings | 59 |
| Inception Date | Nov 9, 2007 |
About CUT
Fund Home PageThe Invesco MSCI Global Timber ETF (CUT) is an exchange-traded fund that is based on the MSCI ACWI IMI Timber Select Capped index. The fund tracks a market cap-weighted index of global timber companies across the entire market-cap spectrum. CUT was launched on Nov 9, 2007 and is issued by Invesco.
Top 10 Holdings
49.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Svenska Cellulosa Aktiebolaget SCA (publ) | SCA.B | 5.88% |
| UPM-Kymmene Oyj | UPM | 5.65% |
| Stora Enso Oyj | STERV | 5.45% |
| Avery Dennison Corporation | AVY | 5.10% |
| Packaging Corporation of America | PKG | 4.95% |
| Amcor plc | AMCR | 4.85% |
| Smurfit Westrock Plc | SW | 4.55% |
| Suzano S.A. | SUZB3 | 4.50% |
| Rayonier Inc. | RYN | 4.45% |
| Sonoco Products Company | SON | 4.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.71553 | Dec 26, 2025 |
| Dec 23, 2024 | $0.96683 | Dec 27, 2024 |
| Dec 18, 2023 | $0.78235 | Dec 22, 2023 |
| Dec 19, 2022 | $0.78033 | Dec 23, 2022 |
| Dec 20, 2021 | $0.5816 | Dec 31, 2021 |
| Dec 21, 2020 | $0.55333 | Dec 31, 2020 |
Performance
CUT had a total return of 0.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.69%.
News
Lumber Prices Surge Despite Housing Slump
Plus: The U.S. is banning exports of lithium ion battery and tungsten waste
Home-Building Is Sputtering, but Lumber Prices Haven't Been So High in Years
Steep duties on Canadian lumber, wildfires and sawmill closures have cut supply and pushed up prices.
US sawmills warn of accelerating closures as tariffs, weak demand squeeze industry
U.S. sawmills say tariffs, shrinking export markets and competition from cheaper wood alternatives are driving a surge in closures that threatens the hardwood industry.
Trump unveils 10% tariff on wood, delays 25% duties on kitchen cabinets, furniture
He warned that tariffs on upholstered furniture, kitchen cabinets and bathroom vanities will jump on Jan. 1, 2026, unless foreign nations are able to reach trade agreements.
Trump Orders Tariffs on Timber, Lumber, Kitchen Cabinets
US President Donald Trump ordered 10% tariffs on imports of softwood timber and lumber, as well as 25% levies on kitchen cabinets, vanities and upholstered wood products. The tariffs are set to apply ...
Trump Officials Flesh Out Tariffs on Kitchen Cabinets, Furniture and Timber
The White House set a relatively low tariff on imports of timber and lumber, and a significantly higher tariff on furniture and kitchen cabinets.
Fight over lumber tariffs could reshape future of US home building
Lumber is in the spotlight as the National Association of Home Builders and the U.S. Lumber Coalition disagree about what's behind the U.S. housing market experiencing a slump.
Homebuilder association asks Trump to exempt building materials from tariffs
CNBC's Diana Olick reports on how tariffs could be impacting the housing market.
Market Navigator: Trading lumber
Kyle Little, Sherwood lumber chief operating officer, joins 'Power Lunch' to discuss how to trade lumber.
Lumber prices are at record lows — what that means for buyers and homebuilders
Lumber prices have come full circle in the years following the pandemic — reaching record highs in 2021, then falling to record lows as higher interest rates led to a drop in U.S. residential construc...
Lumber prices defy the most recent surge in mortgage rates to extend 3-day rally to 10%
Lumber prices staged a 3-day rally of 10% despite continued headwinds in the housing market. The average 30-year mortgage rate closed in on 6% this week, hitting its highest level since 2008.
Lumber prices jump after US housing starts unexpectedly soar more than 20% in May
Lumber prices jumped on Tuesday after US housing starts surged by the most in three decades. Housing starts soared 21.7% in May to 1.63 million units, which was well ahead of economist estimates.
RIP, Lumber-Futures Contract That Jumped During Covid-19
The longtime barometer of wood prices and building activity is being replaced with a new lumber-futures contract in an effort to boost trading.
Lumber Futures Buffeted by Housing Market Volatility
Buffeted by housing market headwinds and tailwinds, lumber has made headlines as one of the most volatile commodities of recent years. What conditions in the broader economy have impacted lumber price...
Long-term lumber demand looks to benefit from U.S. ‘population demographics'
Lumber was one of 2022's worst commodity performers, and it has been volatile at the start of this year, but prices may gain on the back of a housing shortage.
Lumber falls 21% in 8-day losing streak, but analysts see a bottom forming for the key building commodity
"If the homebuilders' January momentum proves sustainable
Lumber soars 13% as the housing market shows signs of a rebound for the first time in a year
The National Association of Realtors said it expects the median home price to increase 0.3% this year, compared to a near-10% gain in 2022.
Lumber prices are up 14% in 2023 after tanking last year, and a lack of supply could fuel another surge ahead of key homebuilding season
A further rise in lumber prices would be a positive for producers, but not so much for consumers who are still reeling from high levels of inflation.
Lumber falls to a new 2022 low after homebuilder sentiment drops for the 12th month in a row
"NAHB is expecting weaker housing conditions to persist in 2023 and we forecast a recovery coming in 2024," economist Robert Dietz said.
Lumber prices hit new lows after massive pandemic spike
Yahoo Finance Live's Brian Sozzi breaks down the chart of the day which looks at lumber prices.
What's Driving the Fall in Lumber Prices?
Lumber prices, a vital barometer of the state of the US economy, are down 60% on the year. What's the source of the pressure on lumber prices, and what can that tell investors about the outlook for th...
What's next for lumber as it looks to be 2022's worst-performing commodity
Lumber has the dubious honor of being among the biggest commodity price decliners this year, and the outlook for the market doesn't look to improve anytime soon.
Lumber prices have defied a cooling housing market to climb 26% in October, but surging mortgage rates will keep a lid on further upside
"At 7% interest rates I wouldn't expect lumber to do much for a while," Ashley Boeckholt of MaterialsXchange told Insider.