GSG
iShares S&P GSCI Commodity Indexed Trust
7월 28일 1:07 PM ET (한국 7/29 02:07)
$31.49
-1.28 ▼ -3.91%
GSG ETF is analyzed across 10 metrics including expense ratio, holdings, sector allocation, dividends, RSI, and MACD.
Total Expense Ratio
0.75%
Annual operating cost
Net Assets (AUM)
$959M
약 1조원
Holdings
24 items
Dividend Yield
-
Management Style
Passive
| Category | Commodities & Metals - Diversified Commodities | Asset Type | Commodities & Metals | Return% 1Y | 45% | Total Holdings | 24 | Perf Week | -0.44% |
| ETF Type | Global Commodities & Metals | Active/Passive | Passive | Return% 3Y | 16.79% | AUM | $959M | Perf Month | 9.04% |
| Expense | 0.75% | NAV | $32.72 | Return% 5Y | 15.56% | 52W High | -9.87% | Perf Quarter | -3.35% |
| Dividend TTM | - | Div Gr. 3/5Y | - | Return% 10Y | 8.19% | 52W Low | 43.59% | Perf Half Y | 27.18% |
| Flows% 1M | -0.1% | Flows% YTD | -30.82% | Return% SI | - | Volatility(W/M) | 1.01% 1.25% | Perf YTD | 36.56% |
| SMA20 | 3.33% | SMA50 | 1.18% | SMA200 | 13.99% | RSI (14) | 54.11 | Beta | 0.02 |
| IPO | 2006/7/21 | Prev Close | $32.77 | Perf Year | 40.45% | Avg Volume | 0.85M | Price | $31.49 |
iShares S&P GSCI Commodity Indexed Trust (GSG) Investment Analysis
ETF Overview
iShares S&P GSCI Commodity Indexed Trust · Commodities & Metals - Diversified Commodities
일반 ETF — 카테고리 기반 분석만 제공됩니다
2006년 상장, 20년 운영 중.
iShares S&P GSCI Commodity-Indexed Trust는 S&P GSCI Total Return Index 선물 계약에 완전 담보 방식으로 투자한 결과를 추종하는 것을 목표로 합니다. 이 트러스트는 해당 시점 S&P GSCI-ER 수준에 기반해 만기 결제되는 지수 선물 롱 포지션을 보유하고, 이들 선물 포지션의 증거금 요건 충족에 사용되는 비현금 담보 자산에서 이자를 얻습니다. 지수는 S&P GSCI-ER의 수익과, 선물 계약 롱 포지션 담보로 보유된 것으로 간주되는 특정 미국 국채의 수익을 함께 반영합니다.
📘 GSG ETF 자세히 알아보기 →U.S.commodityfuturestreasuries
- 규모
- $959M 약 1조원
- 운용사
- iShares (BlackRock)
- 운용 방식
- 패시브 (지수 추종)
- 상장일
- 2006년
Cost Efficiency
Annual Expense Ratio · Category Rank · Long-Term Cost Impact
Average expense ratio — 0.75% annually
Mid-range within the Commodities & Metals - Diversified Commodities category.
Effective Annual Expense Ratio (Net Expense Ratio)
평균권0.75%
My positionMid-range
Low range Average High range
Actual Cost Simulation by Investment Amount
$100.0M
Annual Expense Ratio
$750K
Pay $100K more per year vs. category average
Category Median Annual Cost
$650K
Based on expense ratio of 0.65%
10-Year Cumulative Expense Ratio (Long-term simulation assuming 7% annual market growth)
$13.4M
13.8% of returns you could have earned goes to the fund manager due to fees
Because the expense ratio takes a slice of your assets every year, costs compound over 10 years and result in far greater losses than a simple sum (annual fee × 10). The 7% annual return assumption is based on the S&P 500's long-term average.
Defaults shown against $100K baseline portfolio. Adjust the slider to update the amount in real time.
Cheaper alternatives in the same category
COMB
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
0.25%
-0.50%p annually
BCI
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
0.26%
-0.49%p annually
CERY
State Street SPDR Bloomberg Enhanced Roll Yld Comdty Straty No K-1 ETF
0.28%
-0.47%p annually
* A lower fee does not necessarily mean a better ETF. Consider the tracked index, liquidity, and tax treatment as well.
Long-Term Performance
1-year · 3-year · 5-year · 10-year returns · vs. benchmark · drawdown defense
Upper-tier returns in its category
상위 25% within Commodities & Metals - Diversified Commodities.+27.2%p vs. benchmark (SPY) over 1Y.
ℹ️ The "1Y·3Y·5Y·10Y" periods below represent annualized returns (CAGR) measured backward from today. Example: "3Y +12%" means the investment grew at a compounded 12% per year over the past three years.
If you had invested 10 year(s) ago
$100.0M
Today's value
$219.7M
→
Total gain
+$119.7M
Annualized +8.2%
1 Year
2025.07 ~ 2026.07
Annualized +45.00%
상위 25%Outperformed the benchmark by 27.2%p annually
My positionTop 25%
Low range Average High range
3 Years
2023.07 ~ 2026.07
Annualized +16.79% Cumulative +59.3%
상위 25%Trailed the benchmark by 2.2%p annually
My positionTop 25%
Low range Average High range
5 Years
2021.07 ~ 2026.07
Annualized +15.56% Cumulative +106.1%
상위 25%Outperformed the benchmark by 2.7%p annually
My positionTop 25%
Low range Average High range
10Y
2016.07 ~ 2026.07
Annualized +8.19% Cumulative +119.7%
평균권Trailed the benchmark by 6.7%p annually
My positionMid-range
Low range Average High range
10Y Cumulative Total Return Curve
2016-07-28 start, based on a 100M KRW base — read the curve values directly as units of 100M KRW (e.g., 308 → 3.08억 / 308M KRW). Both this ETF and the benchmark are rebased to 100 on the same start date for comparison.
GSG · Price Only GSG · Price + Cumulative Dividends GSG · Dividend Reinvested S&P 500 (SPY)
50
150
250
350
450
ℹ️ Price Only: Excludes dividends and tracks pure stock price only. Covered-call and high-dividend ETFs often show a flat or declining line on this view, which is meaningful from a "principal preservation" standpoint. Price + Cumulative Dividend: Share count stays the same and received dividends are accumulated as cash. Closely matches your actual account total assets. Reinvested: Dividends are immediately used to buy additional shares (adjClose-based, the industry standard for total return). The wider the gap between the three lines, the easier it is to gauge the effectiveness of the dividend strategy.
Annual Return Comparison
ETF returns vs S&P 500 (SPY) by calendar year
GSG S&P 500 (SPY)
+40%
0%
−40%
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026 YTD
ℹ️ Returns from January 1 to December 31 of each year. The current year (2026) column is dimmed to indicate YTD (incomplete). If blue is higher than gray, the ETF outperformed the benchmark in that year.
Win rate vs S&P 500 (SPY)
2 / 9Y
Lags behind benchmark (22%)
+ 2026 YTD: Ahead (36.5% vs 8.5%)
2017 ✗
2018 ✗
2019 ✗
2020 ✗
2021 ✓
2022 ✓
2023 ✗
2024 ✗
2025 ✗
2026 ✓ YTD
ℹ️ Number of winning years versus S&P 500 (SPY) within a completed calendar year (1/1–12/31). The current year (YTD) is reported separately.
Downside Capture
-20%
Falls less than the benchmark in drawdowns — strong downside protection
<85% (Defend) 85~110% (Track) >110% (Lag)
ℹ️ Average % drop of this ETF when S&P 500 (SPY) is −1%. Based on daily returns over the past 3 years (only days where the benchmark is negative).
Risk Profile
Volatility · Beta · Max Drawdown · Sharpe · Drawdown Recovery History
Overall Risk Grade
Moderate Risk
Volatility is around market average. Be prepared for losses of roughly -30% to -40% in major downturns.
Beta (market sensitivity)
상위 25%0.02
If the market rises +10% +0.2%
If the market falls -10% -0.2%
My positionTop 25%
Low range Average High range
ℹ️ A beta of 1.0 moves in line with the market. Above 1 means it moves more than the market; below 1 means less.
Average daily range (last 1 month)
하위 25%±1.25%
S&P 500 typically ±1.0~1.3% · Bond funds ±0.3% · Leveraged ETFs ±3% or more
Annual volatility trend (past 10 years)
ℹ️ This ETF's average daily price swing. 1% means "on average, moves about ±1% per day." The rolling curve below shows the annualized volatility (long-term standard measure) over time.
Max Drawdown · Past 10 years
-57.6%
2015-07-31 Worst -55% 2026-07-01
ℹ️ Maximum drawdown is the largest peak-to-trough decline in the past. It represents the worst-case loss a long-term investor must psychologically endure.
Sharpe Ratio (Risk-Adjusted Return)
0.10
Weak — Low risk-adjusted returns
ℹ️ Annualized return minus the risk-free rate (3% annualized), divided by annualized volatility. A value above 1.0 is generally considered good risk-adjusted performance.
Estimated Monthly Maximum Loss (VaR 95%)
-9.1%
Historically, monthly losses exceeding this figure occurred only5%of the time.
ℹ️ A statistical estimate meaning "with 95% probability, monthly losses will not exceed this amount." The remaining 5% corresponds to crisis-level events such as financial crises or pandemics.
Overall investment appeal
What this ETF fits best — strengths, weaknesses, and target investor profile
Strengths and weaknesses both present Check the fit below to see whether it matches your investing goal.
🎯 목적별 적합도
내가 이 ETF를 어떤 목적으로 활용할 수 있는지 확인하세요.
보통
매우 낮음
매우 낮음
낮음
이런 분에게 어울려요
Long-term and recurring investors
✅ 강점
- 📈Top-tier long-term returns
⚠️ 약점·주의사항
- ⚠️Volatility is above average
Category Peers
Category: Commodities & Metals - Diversified Commodities
같은 카테고리 6종 중 AUM 6/6위 · 보수율 5/6위
카테고리: Commodities & Metals - Diversified Commodities
ℹ️ 왜 비교해야 하나요?
같은 카테고리 ETF끼리는 보수율·규모(AUM)·배당률을 비교해 볼 가치가 있어요. 보수율은 낮을수록 장기 수익에 유리하고, AUM이 크면 운용 안정성이 높아요. ▲ 표시는 GSG보다 유리, ▼ 표시는 GSG보다 불리를 뜻해요.
| 티커 | ETF명 | 보수율 | AUM | 보유종목 | 배당률 | YTD | 1년 |
|---|---|---|---|---|---|---|---|
| GSG | iShares S&P GSCI Commodity Indexed Trust | 0.75% | $959M | 24 | - | +36.56% | +40.45% |
| Harbor Commodity All-Weather Strategy ETF | 0.68% ▲ | $3.8B ▲ | 50 | 5.51% | - | +29.68% ▼ | |
| Invesco DB Commodity Index Tracking Fund | 0.84% ▼ | $1.7B ▲ | 32 | - | - | +35.26% ▼ | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | 0.48% ▲ | $1.2B ▲ | 174 | 5.92% | - | +24.17% ▼ | |
| State Street SPDR Bloomberg Enhanced Roll Yld Comdty Straty No K-1 ETF | 0.28% ▲ | $1.0B ▲ | 11 | 3.98% | - | +28.53% ▼ | |
| iPath Bloomberg Commodity Total Return ETN | 0.7% ▲ | $959M ▲ | 25 | - | - | +35.96% ▼ |
AUM 내림차순 정렬 · ▲ GSG보다 유리 · ▼ GSG보다 불리
Leveraged & Covered Call ETFs on the Same Theme
ETFs that approach the same theme with a different strategy
21 ETFs tracking the same theme as GSG using leveraged or covered call strategies (Leverage 8 · Inverse 6 · Covered Call 7)
Not direct derivatives of GSG, but ETFs that cover the same theme via a different strategy.
ℹ️ Which ETFs are included?
Among ETFs whose theme (category or sector) overlaps with GSG, some use special strategies. Leveraged ETFs aim for 2–3× the daily move, Inverse ETFs seek opposite-direction returns, and Covered Call ETFs generate monthly income from option premiums.
⚠️ Caution: Long-Term Holding
Leveraged and inverse ETFs track only the daily return. With high volatility, holding them for longer periods causes cumulative volatility decay—returns diverge further from the underlying index. They are meant for short-term trading.
Leverage 8 ETFs that amplify the same theme by 2-3x (high volatility)
AGQ
ProShares Ultra Silver 2x Shares
+1.14%
$1.2B
UGL
ProShares Ultra Gold 2x Shares
+1.37%
$663M
UCO
ProShares Ultra Bloomberg Crude Oil 2x Shares
-9.42%
$450M
BOIL
ProShares Ultra Bloomberg Natural Gas 2x Shares
-8.19%
$374M
DGP
DB Gold Double Long ETN
+0.90%
$225M
SOLT
2x Solana ETF
+5.78%
$112M
GLDW
Roundhill Gold WeeklyPay ETF
+0.55%
$16M
CPXR
USCF Daily Target 2X Copper Index ETF
+2.30%
$13M
Inverse 6 ETFs that bet on declines in the same theme
SCO
ProShares UltraShort Bloomberg Crude Oil -2x Shares
+9.66%
$683M
GLL
ProShares UltraShort Gold -2x Shares
-1.40%
$126M
KOLD
ProShares UltraShort Bloomberg Natural Gas -2x Shares
+8.56%
$109M
ZSL
ProShares UltraShort Silver -2x Shares
-1.10%
$67M
DGZ
DB Gold Short ETN
+6.62%
$2M
DZZ
DB Gold Double Short ETN
+0.92%
$1M
Covered Call & Options 7 ETFs that add a monthly dividend via covered calls on the same theme
IAUI
NEOS Gold High Income ETF
+1.13%
$492M
SLVO
UBS AG ETRACS Silver Shares Covered Call ETNs
+0.69%
$392M
USOI
UBS AG ETRACS Crude Oil Shares Covered Call ETNs
-0.90%
$254M
GLDI
UBS AG ETRACS Gold Shares Covered Call ETNs
+0.01%
$167M
KSLV
Kurv Silver Enhanced Income ETF
+0.79%
$88M
KCOP
Kurv Copper & Mining Enhanced Income ETF
+0.54%
$32M
USG
USCF Gold Strategy Plus Income Fund
+0.75%
$9M
FAQ
What kind of ETF is GSG?
GSG is an ETF in the Commodities & Metals - Diversified Commodities category, managed by iShares (BlackRock).
How many holdings does GSG have?
GSG holds a total of 24 securities, with an AUM of approximately $959M.
What is the 52-week high and low for GSG?
GSG has recorded a 52-week high of $34.94 and a low of $21.93.
면책조항: 본 콘텐츠는 참고 자료이며 투자 권유가 아닙니다. 모든 투자의 책임은 투자자 본인에게 있습니다.