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GSG

GradeCNew York Stock Exchange Arca

iShares S&P GSCI Commodity-Indexed Trust

Commodities · IShares · Inception 2006-07-09 · SEC filings

$36.08+0.45 (+1.25%)

As of Sep 23, 2026, 3:05 PM EDT

Intraday session: up, 68 prints from 35.63 to 36.08. Range 35.80 to 36.20. Use the arrow keys to read each point.$35.80$35.90$36.00$36.2010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1.1B
1Y return
+56.6%
Yield · Last 12 months
—
Holdings
19
Volume · 30D
0.8M sh
NAV per share
$35.74
52W range
low $22.37high $37.30

The ETF.net GSG Grade

C

41/ 100

Rank 18 of 23 in Broad Commodity Futures⁠

Confidence Medium

Six-pillar profile for GSG. Scores out of 100: Cost 36, Risk 26, Mission not scored, Tradability 51, Holdings 44, Durability 83. Strongest: Durability (83). Weakest: Risk (26). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 41 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 36
    Category rank15/23 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 26
    Category rank19/23 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 51
    Category rank13/23 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 44
    Category rank12/15 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 83
    Category rank2/23 · top 9%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GSG

ETF.net Research

CThe old-guard commodity trade. Since 2006, GSG has tracked the S&P GSCI, a fully collateralized basket of commodity futures, while most of the newer competition is built on Bloomberg indexes and roll-tweaking overlays.

Stated mandate

The fund seeks to track a fully collateralized index representing a diversified group of commodity futures.

Why people hold it

  1. 01Tracks the S&P GSCI Total Return Index: a diversified, fully collateralized futures basket, with collateral interest built into the index rather than paid out.ishares.com
  2. 02Live since 2006, so its record spans more than one commodity boom and bust.
  3. 03A different engine from the pack: peers like BCI, BCD and CMDY run Bloomberg commodity indexes, while GSG stays with the S&P GSCI.
  4. 04Actively traded, so getting in and out is generally straightforward.

Worth knowing

  1. 01The 0.75% fee sits above the broad-commodity norm: BCI charges 0.26% and CMDY 0.29% for a similar all-in-one basket.
  2. 02Commodity futures swing hard, and this one sits among the more volatile choices even inside its own category.
  3. 03No distributions: collateral interest shows up inside the total-return index instead of arriving as income.

GSG Holdings

As of Sep 22, 2026, 3:27 AM
Asset class
Other
Holdings
19
Top-10 weight
68%
Largest holding
TREASURY BILL10.3%

Geography

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—TREASURY BILL10.29%113,000,000$112M19
002—TREASURY BILL8.73%95,585,000$95M16
003—TREASURY BILL8.55%93,502,000$93M16
004—TREASURY BILL8.09%88,604,000$88M17
005—TREASURY BILL6.40%70,149,000$70M19
006—TREASURY BILL6.26%68,594,000$68M25
007—TREASURY BILL5.56%60,961,000$61M21
008—TREASURY BILL4.94%54,276,000$54M21
009—TREASURY BILL4.73%51,879,000$52M20
010—TREASURY BILL4.30%47,339,000$47M16
011—TREASURY BILL4.16%45,757,000$45M19
012—TREASURY BILL4.11%45,008,000$45M19
013—TREASURY BILL3.72%40,720,000$41M27
014—TREASURY BILL3.64%40,000,000$40M34
015—TREASURY BILL2.41%26,500,000$26M16

Showing 1–15 of 22 holdings

GSG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GSG$15,662
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. GSG $15,662. SPY $11,723. Use the arrow keys to read each point.$8,987$12,930$16,874Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GSG. Periods over one year show the average yearly return.
PeriodGSG
Year to date+54.5%
1 month+5.2%
3 months+21.8%
1 year+56.6%
3 years+16.4%per year
5 years+17.0%per year
10 years+9.4%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GSG
YearReturn barGSG
2026 YTD+54.5%
2025+5.9%
2024+8.5%
2023−5.5%
2022+24.1%
2021+38.8%
2020−23.9%

GSG in the news

GSG Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

GSG Risk

How much the fund’s monthly returns vary, scaled to a year.
20.9%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.60
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−29.1%
Trough May 2023
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.27
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GSG Cost

Expense ratio0.75%
  • The middle half of Broad Commodity Futures funds
  • Median 0.72%

11 of the 21 Broad Commodity Futures funds charge less.

GSG costs $75.00 a year on $10,000. The median Broad Commodity Futures fund costs $72.00.