CUT vs IIGD

Comparison between INVESCO MSCI GLOBAL TIMBER ETF (CUT, ETF) and INVESCO INVESTMENT GRADE DEFENSIVE ETF (IIGD, ETF).

5-Year PerformanceIIGD has outperformed CUT, delivering a return of +1.6% compared to -3.9%

CUT vs IIGD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CUT(ETF)	IIGD(ETF)
Net Assets	$31M	$31M
Expense Ratio	0.76%	0.13%
Max Drawdown	71.20%	15.67%
Sharpe Ratio	-0.48	0.16
5Y Beta	0.64	0.03
5Y Dividends CAGR	4.90%	7.54%

Net Assets

CUT

$31M

IIGD

$31M

Expense Ratio

CUT

0.76%

Winner

IIGD

0.13%

Max Drawdown

CUT

71.20%

Winner

IIGD

15.67%

Sharpe Ratio

CUT

-0.48

Winner

IIGD

0.16

5Y Beta

CUT

0.64

Winner

IIGD

0.03

5Y Dividends CAGR

CUT

4.90%

Winner

IIGD

7.54%

CUT vs IIGD - Historical Returns

Returns include dividend reinvestment.

Period	CUT	IIGD
1 month	+1.04%	+0.13%
3 months	-2.89%	+0.51%
6 months	-2.04%	+0.77%
1 year	-6.87%	+3.92%
5 years(CAGR)	-3.87%	+1.60%
10 years(CAGR)	+4.50%	N/A
Max(CAGR)	+2.79%	+2.84%

Winner

CUT

+1.04%

IIGD

+0.13%

CUT

-2.89%

Winner

IIGD

+0.51%

CUT

-2.04%

Winner

IIGD

+0.77%

CUT

-6.87%

Winner

IIGD

+3.92%

5Y(CAGR)

CUT

-3.87%

Winner

IIGD

+1.60%

10Y(CAGR)

CUT

+4.50%

IIGD

N/A

Max(CAGR)

CUT

+2.79%

Winner

IIGD

+2.84%

CUT vs IIGD - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	CUT	IIGD
2026	-5.15%	+0.35%
2025	-5.86%	+7.08%
2024	+2.66%	+4.25%
2023	+8.42%	+5.54%
2022	-15.92%	-7.06%
2021	+12.98%	-1.31%
2020	+18.11%	+6.26%
2019	+22.12%	+7.32%
2018	-22.31%	+0.86%
2017	+29.21%	N/A
2016	+8.98%	N/A
2015	-0.73%	N/A
2014	-2.23%	N/A
2013	+24.95%	N/A
2012	+21.44%	N/A
2011	-19.23%	N/A
2010	+16.52%	N/A
2009	+46.82%	N/A
2008	-48.23%	N/A
2007	-2.28%	N/A

CUT vs IIGD Drawdown Comparison

The maximum drawdown for CUT was -70.05%, occurring on Mar 9, 2009. Recovery took 1323 trading sessions.

The maximum drawdown for IIGD was -11.43%, occurring on Oct 20, 2022. Recovery took 762 trading sessions.

The current CUT drawdown is -21.75%. The current IIGD drawdown is -0.70%.

Rank	CUT	IIGD
#1	-70.05% Dec 10, 2007 - Mar 14, 2013	-11.43% Aug 3, 2021 - Aug 14, 2024
#2	-45.74% Jun 6, 2018 - Dec 8, 2020	-8.58% Mar 4, 2020 - Apr 24, 2020
#3	-31.18% May 10, 2021 - Sep 26, 2022	-1.97% Sep 24, 2024 - Feb 25, 2025
#4	-27.15% May 20, 2015 - Jan 24, 2017	-1.67% Feb 27, 2026 - Mar 26, 2026
#5	-15.78% Mar 6, 2014 - Feb 12, 2015	-1.65% Dec 31, 2020 - Aug 2, 2021
#6	-10.32% May 20, 2013 - Jul 18, 2013	-1.59% Apr 3, 2025 - Apr 25, 2025
#7	-9.07% Jan 26, 2018 - Apr 17, 2018	-1.33% Sep 3, 2019 - Oct 2, 2019
#8	-7.52% Jan 16, 2014 - Feb 28, 2014	-0.94% Oct 3, 2019 - Jan 21, 2020
#9	-6.21% Mar 28, 2013 - May 8, 2013	-0.87% Apr 30, 2025 - May 30, 2025
#10	-5.82% Nov 9, 2007 - Dec 6, 2007	-0.80% Aug 4, 2020 - Dec 24, 2020
#11	-5.60% Jan 7, 2021 - Feb 10, 2021	-0.58% Oct 22, 2018 - Dec 14, 2018
#12	-5.30% Sep 18, 2013 - Oct 16, 2013	-0.55% Jun 2, 2020 - Jun 18, 2020
#13	-4.70% Jul 19, 2017 - Sep 7, 2017	-0.55% Jun 30, 2025 - Jul 22, 2025
#14	-4.61% Aug 1, 2013 - Sep 9, 2013	-0.55% Mar 28, 2019 - May 7, 2019
#15	-4.41% Mar 2, 2015 - Apr 8, 2015	-0.52% Oct 21, 2025 - Nov 24, 2025

Correlation

Correlation between CUT and IIGD is 0.41 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.41

-101

Dividend Comparison (2007 - 2026)

CUT vs IIGD dividend yield comparison.

Year	CUT	IIGD
2026	0.00%	1.74%
2025	2.46%	4.25%
2024	3.05%	4.13%
2023	2.44%	3.74%
2022	2.58%	1.73%
2021	1.57%	1.77%
2020	1.65%	3.21%
2019	2.67%	2.44%
2018	3.43%	1.23%
2017	1.57%	0.00%
2016	2.08%	0.00%
2015	1.52%	0.00%
2014	2.83%	0.00%
2013	1.39%	0.00%
2012	1.24%	0.00%
2011	2.34%	0.00%
2010	2.88%	0.00%
2009	0.27%	0.00%
2008	3.40%	0.00%
2007	0.35%	0.00%