Skip to content
etf.net

Launched · SEC filings

iShares S&P GSCI Commodity-Indexed Trust

GSGNYSE ArcaC

$36.77+0.35 (+0.96%)

At close: Oct 13, 2026, 4:00 PM

C42/ 100

Rank 17 of 23 in Broad Commodity Futures

C42/100Rank 17 of 23inBroad Commodity Futures
Intraday session: up, 79 prints from 36.42 to 36.77. Range 36.38 to 36.77. Use the arrow keys to read each point.36.5036.6036.7010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1.0B
1Y total return
+62.2%
Yield · Last 12 months
—
Holdings
25
Avg volume · 30D
1M sh
NAV per share
$36.24
52W range
low $22.41high $37.30
Launched
Filings
SEC EDGAR

The ETF.net GSG Grade

Based on 5 of 6 pillars

C

Score 42 out of 100

Category
Broad Commodity Futures⁠
Rank
17 of 23
Six-pillar profile for GSG. Scores out of 100: Cost 36, Risk 27, Mission not scored, Tradability 57, Holdings 46, Durability 80. Strongest: Durability (80). Weakest: Risk (27). Based on 5 of 6 pillars.

Score 42 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D36 out of 100
    Rank 14 of 23

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D27 out of 100
    Rank 19 of 23

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B57 out of 100
    Rank 11 of 23

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 10 of 15

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A80 out of 100
    Rank 4 of 23

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 Oct 11, 2026
Asset class
Other
Holdings
25
Top-10 weight
62%
Largest holding
Treasury Bill10.9%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Treasury Bill10.92%113,000,000$113M21
002—Treasury Bill9.26%95,585,000$96M10
003—Treasury Bill6.79%70,149,000$70M16
004—Treasury Bill5.90%60,961,000$61M18
005—Treasury Bill5.56%57,522,000$57M22
006—Treasury Bill5.02%51,879,000$52M19
007—Treasury Bill4.83%50,129,000$50M15
008—Treasury Bill4.81%50,000,000$50M15
009—Treasury Bill4.80%50,000,000$50M12
010—Treasury Bill4.56%47,339,000$47M17
011—Treasury Bill4.41%45,757,000$46M25
012—Treasury Bill3.94%40,720,000$41M23
013—Treasury Bill3.86%40,000,000$40M40
014—Treasury Bill3.78%39,228,000$39M17
015—Treasury Bill3.43%35,641,000$35M19

Showing 1–15 of 25 holdings

GSG Performance

Launched Jul 10, 2006

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

GSG$16,223
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. GSG $16,223. SPY $12,044. Use the arrow keys to read each point.$9,223$13,157$17,090Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+57.9%
1 month−0.1%
3 months+23.6%
1 year+62.2%
3 yearsper year+19.0%
5 yearsper year+15.7%
10 yearsper year+9.2%

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+57.9%
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 Sep 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.
0.61
vs 3-month T-bills · to Sep 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 0.70%

12 of the 22 Broad Commodity Futures funds charge less.

GSG costs $75.00 a year on $10,000. The median Broad Commodity Futures fund costs $70.50.

Other funds in Broad Commodity Futures

See others