CUT to the Chase with This Lumber ETF May 5, 2021 Debate remains about the existence of another commodities super cycle, but pure price action confirms that, with few exceptions, 2021 is quickly becoming a banner year for commodities. Lumber is one of the leaders in that clubhouse, and that trend is lifting exchange traded funds, including the After notching another record high on May 4, the equity-based CUT is up 15.2% year-to-date. The Invesco fund follows the MSCI ACWI IMI Timber Select Capped Index. “The Index measures the performance of securities engaged in the ownership and management of forests, timberlands and production of products using timber as raw materials. The index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are rebalanced quarterly,” according to the issuer.