GSG — iShares S&P GSCI Commodity-Indexed Trust
Commodities Ranked #174 of 458 tracked ETFs · Issued by iShares
GSG Price Performance — Growth of $10,000
Value of a $10,000 investment in GSG over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
GSG Drawdown
The "underwater" chart: GSG's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in GSG?
See what a lump sum in GSG would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The iShares S&P GSCI Commodity-Indexed Trust is an iShares-managed fund tracking the commodities category, where it ranks 7th out of 22 peers. With $1.01 billion in assets, the fund holds a C grade and an overall rank of 174 among 458 tracked ETFs. Its 0.75% expense ratio exceeds the category median of 0.595%, while its 0.00% dividend yield matches the sector norm. Holdings data is not available for this specific trust.
Price action shows the fund trading near the top of its 52-week range at 97.5% of the high. Recent momentum is strong, with a 1-month return of 12.10% and a year-to-date gain of 50.98%. This short-term acceleration contrasts with the 1-year return of 53.10%, which significantly outpaces the category median of 29.35%. The rating was downgraded from B to C on 2026-07-27, and price history is limited to 3.0 years.
The fund exhibits high volatility at 25.06% annualized and a beta of 1.25, indicating greater sensitivity to market movements than the broader market. Despite this risk profile, the Sharpe ratio stands at 1.92, reflecting efficient risk-adjusted returns. Maximum drawdowns have reached -18.81%, while liquidity remains adequate with an average daily volume of 747,882 shares and a 1.44% bid/ask spread.
AI-generated summary based on the data on this page.
Market Backdrop
10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What GSG's Fees Cost You
GSG charges an expense ratio of 0.75% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
GSG Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 1.44% and average daily volume is 748K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.01B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: GSG is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
GSG Performance History
| Period | Return |
|---|---|
| 1-Day | -0.37% |
| 1-Week | +4.31% |
| 1-Month | +12.10% |
| 3-Month | +10.26% |
| 6-Month | +16.84% |
| YTD | +50.98% |
| 1-Year | +53.10% |
| 3-Year | +54.66% |
How GSG Compares to Other Commodities ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #46 | B |
BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | +43.21% | 0.26% | $3.37B |
| #84 | B |
PDBC | Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF | +49.15% | 0.59% | $7.29B |
| #117 | B |
DJP | iPath Bloomberg Commodity Index Total Return(SM) ETN | +49.59% | 0.7% | $1.01B |
| #130 | B |
COMT | iShares GSCI Commodity Dynamic Roll Strategy ETF | +46.13% | 0.48% | $1.29B |
| #145 | B |
DBC | Invesco DB Commodity Index Tracking Fund | +48.46% | 0.85% | $1.80B |
| #173 | B |
GLDM | SPDR Gold MiniShares | +24.85% | 0.1% | $32.8B |
| #174 | C |
GSG | iShares S&P GSCI Commodity-Indexed Trust | +53.10% | 0.75% | $1.01B |
| #190 | B |
IAU | iShares Gold Trust | +24.63% | 0.25% | $67.5B |
| #192 | C |
DBB | Invesco DB Base Metals Fund | +33.66% | 0.75% | $364M |
| #198 | C |
SLV | iShares Silver Trust | +61.98% | 0.5% | $34.7B |
| #199 | C |
IAUM | iShares Gold Trust Micro | +24.86% | 0.09% | $8.14B |
| #203 | C |
GLD | SPDR Gold Shares | +24.51% | 0.4% | $153B |
| #215 | C |
SGOL | abrdn Physical Gold Shares ETF | +24.76% | 0.17% | $7.75B |
| #216 | C |
USO | United States Oil Fund, LP | +91.37% | 0.86% | $1.90B |
| #238 | C |
OUNZ | VanEck Merk Gold Trust | +24.62% | 0.25% | $2.85B |
| #239 | C |
BAR | GraniteShares Gold Trust | +24.80% | 0.1749% | $1.46B |
| #265 | C |
CPER | United States Copper Index Fund, LP | +42.27% | 0.88% | $750M |
| #352 | C |
PPLT | abrdn Physical Platinum Shares ETF | +31.65% | 0.6% | $2.30B |
| #374 | C |
DBA | Invesco DB Agriculture Fund | +9.73% | 0.85% | $1.33B |
| #426 | D |
WEAT | Teucrium Wheat Fund | +27.05% | 1% | $363M |
| #428 | D |
PALL | abrdn Physical Palladium Shares ETF | +23.40% | 0.6% | $769M |
| #458 | F |
UNG | United States Natural Gas Fund, LP | -19.39% | 1.17% | $579M |