One Year Analysis of Lumber Prices vs. Timber ETFs [View article]
The Clear Global Timber Index does not seek to replicate timber prices. It is a proxy for timberland which has characteristics of timber (lumber, pulp and packaging), real estate and other natural resources. Next, with some research at clearindexes.com one would see that the index is weighted based on where land ownership is rather than where the public company is domiciled.
One Year Analysis of Lumber Prices vs. Timber ETFs [View article]