Tearsheet

iShares GSCI Commodity (GSG)

Market Price (5/21/2026): $33.55

iShares GSCI Commodity (GSG)

Market Price (5/21/2026): $33.55

Asset Allocation with GSG

	ETF	1D	1W	1M	YTD
Equity	SPY	1.0%	-0.1%	5.3%	9.0%
Bond	BND	0.6%	-0.5%	-0.9%	-0.4%
Gold	GLD	1.4%	-3.0%	-2.8%	5.3%
Commodity	GSG	0.0%	0.0%	0.0%	30.1%
Real Estate	VNQ	1.3%	0.6%	1.2%	10.2%
Bitcoin	BTCUSD	0.1%	-3.1%	0.6%	-12.2%
Cash	GOVT	0.4%	-0.4%	-1.3%	-1.0%

	ETF	Return	Volatility	Sharpe
Equity	SPY	15.5%	15.2%	85.2%
Bond	BND	1.6%	5.2%	-20.6%
Gold	GLD	13.1%	15.1%	67.3%
Commodity	GSG	7.1%	20.0%	31.9%
Real Estate	VNQ	5.4%	17.7%	22.5%
Bitcoin	BTCUSD	67.1%	76.7%	100.9%
Cash	GOVT	0.5%	5.0%	-42.9%

Figures are on an annualized basis, based on monthly return data for the last 10 years

	ETF	Inflation Shock	Covid Pandemic	2018 Correction
Equity	SPY	-23.0%	-30.4%	-19.3%
Bond	BND	-14.2%	-2.2%	1.3%
Gold	GLD	-7.7%	-6.3%	5.0%
Commodity	GSG	25.8%	-32.8%	-21.0%
Real Estate	VNQ	-29.8%	-41.6%	-11.1%
Bitcoin	BTCUSD	-56.0%	-33.5%	-37.4%
Cash	GOVT	-12.4%	4.4%	1.6%

The table shows the return of different asset classes during market crises - specifically during the period where the S&P fell and bottomed

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[2] Asset Rotation Strategies
[3] Tax-Efficient Strategies

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Price Chart

ETF Price
Price/Gold

Top 20 Holdings for GSG

Total Weights
Top 5: 36.2% | Top 10: 62.8% | Top 20: 94.7%

	Holding	Weight
912797QN0	TREASURY BILL	8.28%
912797SV0	TREASURY BILL	7.78%
912797TE7	TREASURY BILL	6.99%
912797UR6	TREASURY BILL	6.64%
912797UC9	TREASURY BILL	6.55%
912797TS6	TREASURY BILL	6.22%
912797TU1	TREASURY BILL	5.79%
912797QX8	TREASURY BILL	5.64%
912797UV7	TREASURY BILL	4.57%
912797SX6	TREASURY BILL	4.39%
912797TT4	TREASURY BILL	4.22%
912797TR8	USD CASH	3.89%
912797TD9	TREASURY BILL	3.73%
912797TP2	TREASURY BILL	3.72%
912797UB1	TREASURY BILL	3.26%
912797SW8	TREASURY BILL	2.80%
912797UQ8	TREASURY BILL	2.79%
912797US4	TREASURY BILL	2.78%
912797UN5	TREASURY BILL	2.33%
912797TQ0	TREASURY BILL	2.32%

Performance for GSG Top Holdings

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Guidance Updates for GSG Top Holdings

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Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
GSG Return	39%	18%	0%	8%	6%	30%	143%
Peers Return	35%	18%	-8%	4%	7%	38%	126%
S&P 500 Return	27%	-19%	24%	23%	16%	7%	96%
Monthly Win Rates [3]
GSG Win Rate	75%	50%	0%	25%	67%	100%
Peers Win Rate	75%	63%	35%	53%	70%	100%
S&P 500 Win Rate	75%	42%	67%	75%	67%	60%
Max Drawdowns [4]
GSG Max Drawdown	-13%	-25%	0%	-8%	-13%	-6%
Peers Max Drawdown	-11%	-22%	-13%	-12%	-12%	-7%
S&P 500 Max Drawdown	-5%	-25%	-10%	-8%	-19%	-9%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: PDBC, DBC, COMT, BCI, FTGC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/20/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker	1Y	3Y	5Y
GSG	1.76	0.70	0.63
Commodity Top Results (3Y)
GLDM	1.20	1.52	1.52
SGOL	1.07	1.45	1.45
IAU	1.25	1.33	0.98
BAR	1.16	1.31	0.96
GLD	1.18	1.29	0.95

Results as of 4302026.

Event	GSG	S&P 500
2025 US Tariff Shock
% Loss	-12.6%	-18.8%
% Gain to Breakeven	14.5%	23.1%
Time to Breakeven	70 days	79 days
2020 COVID-19 Crash
% Loss	-46.8%	-33.7%
% Gain to Breakeven	88.1%	50.9%
Time to Breakeven	364 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-26.0%	-19.2%
% Gain to Breakeven	35.1%	23.8%
Time to Breakeven	1129 days	105 days
2015-2016 China Devaluation / Global Growth Scare
% Loss	-29.2%	-12.2%
% Gain to Breakeven	41.3%	13.9%
Time to Breakeven	819 days	62 days
2014-2016 Oil Price Collapse
% Loss	-61.0%	-6.8%
% Gain to Breakeven	156.5%	7.3%
Time to Breakeven	3710 days	15 days
2011 US Debt Ceiling Crisis & European Contagion
% Loss	-17.5%	-17.9%
% Gain to Breakeven	21.2%	21.8%
Time to Breakeven	144 days	123 days

Compare to PDBC, DBC, COMT, BCI, FTGC

In The Past

iShares GSCI Commodity's stock fell -12.6% during the 2025 US Tariff Shock. Such a loss loss requires a 14.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Event	GSG	S&P 500
2020 COVID-19 Crash
% Loss	-46.8%	-33.7%
% Gain to Breakeven	88.1%	50.9%
Time to Breakeven	364 days	140 days
Q4 2018 Fed Policy Error / Growth Scare
% Loss	-26.0%	-19.2%
% Gain to Breakeven	35.1%	23.8%
Time to Breakeven	1129 days	105 days
2015-2016 China Devaluation / Global Growth Scare
% Loss	-29.2%	-12.2%
% Gain to Breakeven	41.3%	13.9%
Time to Breakeven	819 days	62 days
2014-2016 Oil Price Collapse
% Loss	-61.0%	-6.8%
% Gain to Breakeven	156.5%	7.3%
Time to Breakeven	3710 days	15 days

Compare to PDBC, DBC, COMT, BCI, FTGC

In The Past

iShares GSCI Commodity's stock fell -12.6% during the 2025 US Tariff Shock. Such a loss loss requires a 14.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

GSG Dip Buy History

GSG had 24 events since 1/3/2007 where the dip threshold of -5.0% within 60 days was triggered

10% median peak return within 1 year of dip event
150 days is the median time to peak return after a dip event
-12% median max drawdown within 1 year of dip event

60 Day Dip			GSG Subsequent Performance
Date	GSG	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			-3%	10%	-12%	150
4072025	-6%	-14%	45%	54%	-2%	345
7122022	-9%	-14%	-6%		-8%	48
10292020	-6%	-0%	71%	74%	-0%	362
1302020	-6%	8%	-12%	2%	-46%	20
10022019	-5%	-3%	-29%	12%	-46%	93
6052019	-6%	2%	-31%	12%	-46%	212
11132018	-6%	-4%	-2%	6%	-12%	161
8082018	-5%	5%	-13%	10%	-19%	56
8162017	-5%	4%	19%	30%	-0%	280
3102017	-7%	6%	12%	18%	-9%	322
11102016	-6%	-0%	12%	13%	-7%	361
7252016	-6%	5%	-1%	10%	-7%	157
7132015	-6%	0%	-24%	0%	-38%	1
8082014	-5%	3%	-43%	0%	-45%	3
1072014	-5%	9%	-35%	10%	-35%	164
11052013	-5%	5%	-12%	11%	-13%	227
4122013	-6%	8%	6%	10%	-3%	144
11132012	-6%	-2%	-3%	7%	-6%	84
5092012	-5%	1%	-3%	8%	-13%	128
6012011	-5%	1%	-15%	3%	-17%	8
5142010	-8%	3%	23%	38%	-7%	329
1202010	-5%	5%	10%	10%	-16%	359
9022009	-6%	6%	-2%	14%	-9%	49
8042008	-6%	-10%	-50%	1%	-65%	17

[1] Dip event defined as first instance dip threshold is triggered within a 60-day time period.
[2] Analysis for period from 1/1/2005 to 5/20/2026

GSG had 16 events since 1/3/2007 where the dip threshold of -10% within 90 days was triggered

11% median peak return within 1 year of dip event
124 days is the median time to peak return after a dip event
-7.6% median max drawdown within 1 year of dip event

90 Day Dip			GSG Subsequent Performance
Date	GSG	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			0%	11%	-8%	124
2162023	-11%	13%	0%		0%	0
12062022	-12%	-4%	1%		-1%	6
9072022	-12%	-7%	-4%		-6%	58
7142022	-11%	-12%	-6%		-8%	46
2272020	-11%	-0%	5%	8%	-41%	363
8142019	-10%	-1%	-25%	12%	-46%	142
11132018	-11%	-2%	-2%	6%	-12%	161
5082017	-10%	6%	26%	26%	-6%	365
11042016	-10%	1%	14%	11%	-7%	364
8032015	-11%	2%	-23%	3%	-31%	28
9192014	-10%	7%	-42%	1%	-46%	10
6212013	-11%	6%	11%	12%	-0%	364
5312012	-10%	0%	4%	17%	-6%	106
8042011	-10%	-8%	0%	11%	-13%	210
5142010	-14%	1%	23%	38%	-7%	329
9032008	-11%	-8%	-49%	0%	-61%	19

[1] Dip event defined as first instance dip threshold is triggered within a 90-day time period.
[2] Analysis for period from 1/1/2005 to 5/20/2026

GSG had 5 events since 1/3/2007 where the dip threshold of -20% within 180 days was triggered

2.6% median peak return within 1 year of dip event
7 days is the median time to peak return after a dip event
-30% median max drawdown within 1 year of dip event

180 Day Dip			GSG Subsequent Performance
Date	GSG	SPY	1Y	Peak Return	Max Drop	# Days to Peak
Median			-10%	3%	-30%	7
2212023	-21%	-3%	0%		0%	0
3092020	-27%	-6%	28%	31%	-30%	361
10262015	-21%	3%	-10%	4%	-26%	8
11142014	-20%	12%	-41%	1%	-41%	7
10152008	-21%	-32%	-22%	1%	-46%	5

[1] Dip event defined as first instance dip threshold is triggered within a 180-day time period.
[2] Analysis for period from 1/1/2005 to 5/20/2026

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Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

Ticker	Name	Dip %	Mkt Price	Price Date	Peak Price	Peak Date	# Days
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	-6.5%	106.64	5202026	114.03	3012026	80
ARKK	ARK Innovation ETF	-8.9%	75.84	5202026	83.21	1132026	127
URA	Global X Uranium ETF	-22.3%	48.04	5202026	61.81	1282026	112
BOTZ	Global X Funds Global X Robotics & Artificial Intelligence ETF	-5.7%	39.25	5202026	41.63	5132026	7
LIT	Global X Lithium & Battery Tech ETF	-8.9%	83.49	5202026	91.62	5112026	9
CGBL	Capital Group Core Balanced ETF	-6.2%	34.41	5202026	36.67	2252026	84
XLF	State Street Financial Select Sector SPDR ETF	-7.9%	51.66	5202026	56.11	1062026	134
XLV	State Street Health Care Select Sector SPDR ETF	-7.8%	147.13	5202026	159.54	3012026	80
XLY	State Street Consumer Discretionary Select Sector SPDR ETF	-5.1%	117.94	5202026	124.27	1122026	128
XLU	State Street Utilities Select Sector SPDR ETF	-6.1%	44.51	5202026	47.40	3012026	80
XLB	State Street Materials Select Sector SPDR ETF	-6.9%	49.72	5202026	53.38	2112026	98
IBB	iShares Biotechnology ETF	-5.4%	167.91	5202026	177.51	1222026	118
XBI	State Street SPDR S&P Biotech ETF	-5.0%	131.71	5202026	138.67	4192026	31
ITA	iShares U.S. Aerospace & Defense ETF	-10.8%	223.28	5202026	250.42	3022026	79
XOP	State Street SPDR S&P Oil & Gas Exploration & Production ETF	-7.1%	174.73	5202026	188.18	3292026	52
TLT	iShares 20+ Year Treasury Bond ETF	-6.9%	83.91	5202026	90.16	3012026	80
VGLT	Vanguard Long-Term Treasury ETF	-6.1%	53.73	5202026	57.20	3012026	80
SPTL	State Street SPDR Portfolio Long Term Treasury ETF	-6.4%	25.52	5202026	27.28	3012026	80
TLH	iShares 10-20 Year Treasury Bond ETF	-5.9%	98.09	5202026	104.25	3012026	80
EDV	Vanguard World Funds Extended Duration ETF	-9.7%	61.68	5202026	68.33	3012026	80
GSG	iShares GSCI Commodity	-5.8%	30.01	5202026	31.85	3182026	63
GLD	SPDR Gold Trust	-15.8%	417.40	5202026	495.90	1292026	111
IAU	iShares Gold Trust	-15.8%	85.53	5202026	101.57	1292026	111
GLDM	SPDR Gold MiniShares Trust	-15.7%	89.96	5202026	106.77	1292026	111
SGOL	ETFS Physical Swiss Gold Shares	-13.1%	44.66	5202026	51.41	1292026	111
BAR	Direxion Daily Gold Bull 3X Shares	-16.6%	44.34	5202026	53.16	1292026	111
SLV	iShares Silver Trust	-34.9%	68.73	5202026	105.60	1282026	112
SIVR	ETFS Physical Silver Shares Trust ETF	-24.8%	83.39	5202026	110.87	1282026	112
PPLT	ETFS Physical Platinum Shares	-29.3%	17.84	5202026	25.23	1252026	115
CPER	United States Copper Index Fund ETV	-13.9%	33.33	5202026	38.71	1292026	111
PALL	ETFS Physical Palladium Shares	-32.7%	25.01	5202026	37.18	1282026	112
USO	United States Oil Fund LP	-5.7%	144.27	5202026	152.96	5192026	1
UNG	United States Natural Gas Fund LP	-32.0%	11.49	5202026	16.90	2012026	108
BNO	United States Brent Oil Fund LP ETV	-7.1%	55.85	5202026	60.13	5042026	16
IBIT	iShares Bitcoin Trust ETF	-20.7%	43.99	5202026	55.44	1142026	126
FBTC	Fidelity Wise Origin Bitcoin Fund	-20.6%	67.57	5202026	85.12	1142026	126
GBTC	Grayscale Bitcoin Trust ETF	-19.0%	61.84	5202026	76.31	1142026	126
ETHA	iShares Ethereum Trust ETF	-36.9%	16.14	5202026	25.59	1142026	126

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About GSG

Holdings Count: 19
Expense Ratio: 0.75%
Inception Date: 2006-07-10

iShares S&P GSCI Commodity-Indexed Trust
The iShares S&P GSCI Commodity-Indexed Trust (the 'Trust') seeks to track the results of a fully collateralized investment in futures contracts on an index composed of a diversified group of commodities futures.The iShares S&P GSCI Commodity-Indexed Trust is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. Investments in shares of the Trust are speculative and involve a high degree of risk. Before making an investment decision, you should carefully consider the risk factors and other information included in the prospectus.
Asset Class: Commodities | ETF Website

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Top Gainers

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PCT	PureCycle Technologies	2.1	77.3%	38.1%

Top Losers

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CAR	Avis Budget	5.4	-78.6%	19.1%
EMBC	Embecta	0.2	-66.5%	-73.9%
FWRD	Forward Air	0.3	-63.5%	-66.3%
OPTU	Optimum Communications	0.3	-60.8%	-60.5%
CABO	Cable One	0.3	-59.7%	-58.3%
TRDA	Entrada Therapeutics	0.3	-53.8%	-41.2%
PSIX	Power Solutions International	0.9	-51.1%	-35.3%
ERAS	Erasca	3.2	-50.4%	198.9%
BETR	Better Home & Finance	0.4	-47.7%	-25.3%
BRBR	BellRing Brands	1.1	-45.5%	-66.4%

Short Interest

Short Interest: As Of Date	4302026
Short Interest: Shares Quantity	2.2 Mil
Short Interest: % Change Since 4152026	17.3%
Average Daily Volume	1.3 Mil
Days-to-Cover Short Interest	1.8 days

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7	FinViz

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iShares GSCI Commodity (GSG)

Market Price (5/21/2026): $33.55

iShares GSCI Commodity (GSG)

Market Price (5/21/2026): $33.55

Asset Allocation with GSG

Price Chart

Valuation & Yield

Top 20 Holdings for GSG

Performance for GSG Top Holdings

Guidance Updates for GSG Top Holdings

Return vs. Risk

Price Returns Compared

Sharpe Ratios Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

In The Past

Preserve Wealth

Asset Allocation

GSG Dip Buy History

Current Dip Buy Opportunities Across ETFs

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Inform Me Once

About GSG

Latest Trefis Analyses

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

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