Claymore/Clear Global Timber Index (AMEX:CUT)

Timber is an interesting world with the ability to hold of on harvesting a crop until the price is high enough to make it worth it. While they hold off, it grows at a nearly 10% annual rate. Thus, there are more unrealized profits.

The other interesting thing about timber is their net income ends up being higher, as they can take Long term gains on the timber since it has "been inventory for the long term".

This ETF does not track timber commodity, but the companies that business derives from timber. Some are skeptical on whether holdings are acurate enough to show the good side of timber. Weyerhauser is the largest holding.