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CERY vs GCC

State Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

CERYANYSE Arca

WisdomTree Enhanced Commodity Strategy Fund

GCCCNYSE Arca

Overlap

Expense ratio

CERY −0.29pt a year

CERY0.28%GCC0.57%

Avg volume · 30D

CERY 2.3×the volume

CERY231KGCC100K

CERY vs GCC Performance

Nov 7, 2025 – Nov 9, 2026

+34.7%CERY+23.3%GCC

Nov 7, 2025 to Nov 9, 2026. CERY +34.7%. GCC +23.3%. Use the arrow keys to read each point.0%10%40%Nov 2025May 2026Nov 2026
Expense ratio
CERY 0.28%, better
GCC 0.57%
Fund size
CERY $1.15B
GCC $208M
1Y total return
CERY +34.7%, better
GCC +23.3%
Yield (12M)
CERY 3.81%
GCC 35.85%, better
Holdings
CERY 11
GCC 17
Avg volume (30D)
CERY 231K sh, better
GCC 100K sh
NAV per share
CERY $37.87
GCC $19.05
52W range

ETF.net Grade

CERY: Cost 84, Risk 70, Mission not scored, Tradability 79, Holdings not scored, Durability 65. GCC: Cost 61, Risk 49, Mission not scored, Tradability 55, Holdings 35, Durability 49.
Pillar letters and Scores for CERY, GCC, with each pillar’s weight
PillarCERYGCC
Cost30% weightA84HigherB61
Mission25% weightNot scoredNot scored
Risk15% weightA70HigherC49
Tradability15% weightA79HigherB55
Holdings10% weightNot scoredD35
Durability5% weightB65HigherC49

Rank among Broad Commodity Futures funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CERY and GCC are both graded against the same 22 Broad Commodity Futures funds, so their Grades compare head to head.

Broad Commodity Futures⁠

Category · 22 funds
See all 22 ›

CERY ranks 1st and GCC 9th of 22 funds in the Broad Commodity Futures Category.

  1. Rank 1ACERYState Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETFScore 78
  2. Rank 2ABCIabrdn Bloomberg All Commodity Strategy K-1 Free ETFScore 73
  3. Rank 8CCOMDirexion Auspice Broad Commodity Strategy ETFScore 54
  4. Rank 9CGCCWisdomTree Enhanced Commodity Strategy FundScore 53
  5. Rank 9CPITVanEck Commodity Strategy ETFScore 53

Our read on each fund

ETF.net Research

CERYAState Street SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF

GCCCWisdomTree Enhanced Commodity Strategy Fund

In short

CERY Broad commodity exposure without the K-1 envelope. CERY tracks Bloomberg's Enhanced Roll Yield index, a rules-based long-only basket held through synthetic futures, and charges 0.28% in a category where the typical fee is far higher.

GCC A broad commodity basket with a trader's touch: energy, agriculture, industrial metals and precious metals, actively rolled along the futures curve, plus prospectus room for a small bitcoin futures sleeve.

Stated mandate

CERY The fund seeks to track the Bloomberg Enhanced Roll Yield Total Return Index, which represents diversified, long-only exposure to broad commodities through synthetic futures positions.

GCC The fund is actively managed and seeks broad commodity exposure across energy, agriculture, industrial metals, and precious metals, primarily through futures contracts.

Why people hold it

  • CERY Costs 0.28% a year against a category norm nearer 0.68%. Fees bite hard in commodity futures funds, where there are no dividends to paper over the drag.
  • Tracks Bloomberg's Enhanced Roll Yield index: rules-based, long-only commodity exposure via synthetic futures. Roll mechanics come from index design, not a manager's call.ssga.com
  • Built as a 1940 Act fund, so shareholders get a 1099 rather than the partnership K-1 that many commodity futures vehicles send.ssga.com
  • Sits with BCI and BCD at the low-fee end of the broad commodity futures group and rates among the strongest implementations in it.
  • GCC The manager runs an "enhanced roll": rather than a fixed calendar, it rolls into the contract along the curve it judges better placed for yield.sec.gov
  • One ticket spans four sectors: Brent and WTI crude, cattle and cocoa, copper and tin, gold and platinum, all held as futures.sec.gov
  • A 1940 Act fund that routes futures through a Cayman subsidiary capped at 25% of total assets each quarter-end, so tax time brings a 1099, not a partnership K-1.sec.gov
  • 0.57% net of a waiver through December 31, 2026 (0.58% gross), which sits below the category median fee.

Worth knowing

  • CERY Launched in 2024, so the record is short. The roll rules have not been tested across a full commodity cycle yet.
  • Long-only by design. There is no short side, so a broad commodity downturn passes straight through to the fund.
  • Distributions come once or twice a year. This is commodity price exposure, not a paycheck.
  • GCC No index to grade it against. Results hinge on the manager's weighting and roll calls, and the prospectus classifies the fund as non-diversified.sec.gov
  • You pay for that discretion: index baskets like COMB (0.25%) and BCI (0.26%) cover broad commodities for well under GCC's net fee.
  • The bitcoin allowance is capped at 5% of net assets and uses futures, never bitcoin itself. A garnish on a commodity portfolio, not a crypto position.wisdomtree.com

Full CERY profile⁠

Full GCC profile⁠

CERY vs GCC Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CERY vs GCC Cost

Overpaying GCC vs CERY

$5,516

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CERY 0.28%

    $5,755

  • GCC 0.57%

    $11,271

$10,000
30 years

Cost over time

  • CERY 0.28%
  • GCC 0.57%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530GCC $11,271CERY $5,755

Year by year

YearCERYGCCOverpaying
10$509$1,023$514
20$1,976$3,921$1,945
30$5,755$11,271$5,516

Expense ratio

  • 0.28%CERY, cheaper
  • 0.57%GCC
  • Middle half of Broad Commodity Futures funds
  • Median 0.67%

CERY 4th cheapest of 22 funds

GCC 10th cheapest of 22 funds

CERY vs GCC Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
CERY 3.81%
GCC 35.85%, better
Payout (12M)
CERY $1.43
GCC $6.77
Last payment
CERY $1.43
GCC $6.45
Ex-dividend
CERY Dec 29, 2025
GCC Oct 27, 2026
Paid on
CERY Dec 31, 2025
GCC Oct 29, 2026
Frequency
CERY Annual
GCC Annual

Distribution history

Per share, 2021 to 2026, same scale for both

CERYAnnual · 2 paymentsAll CERY payments⁠
One bar per payment. 2 payments from 2021 to 2026 YTD. Dec 27, 2024 $0.14; Dec 29, 2025 $1.43. Use the arrow keys to read each point.$0$520232026YTD
GCCAnnual · 11 paymentsAll GCC payments⁠
One bar per payment. 11 payments from 2021 to 2026 YTD. Oct 8, 2021 $2.03; Dec 7, 2021 $0.00009; Oct 25, 2022 $4.02; Dec 23, 2022 $0.08; Oct 25, 2023 $0.40; Dec 22, 2023 $0.23; Oct 28, 2024 $0.44; Dec 26, 2024 $0.22; Oct 28, 2025 $1.09; Dec 26, 2025 $0.32; Oct 27, 2026 $6.45. Use the arrow keys to read each point.$0$520232026YTD

CERY vs GCC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CERY 14.0%since Oct 2024GCC 11.7%
Return per unit of riskSharpe ratio, 3 years
CERY 1.41since Oct 2024GCC 1.13
Worst fallMax drawdown, 5 years
CERY −14.3%since Sep 2024GCC −27.2%
Market sensitivityBeta, 5 years
CERY 0.03GCC 0.65

CERY and GCC in the news

All news⁠

Popular comparisons

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