GSG ETF — iShares S&P GSCI Commodity-Indexed Trust

iShares S&P GSCI Commodity-Indexed Trust (GSG)

Updated October 16, 2026.

GSG is an ETF. its expense ratio is 0.75%. Total return is -24.6% over the past 20.2 years, 816.1 points behind SPY at 791.5%.

iShares S&P GSCI Commodity-Indexed Trust is an ETF that provides exposure to a broad commodity index through long positions in S&P GSCI-ER index futures, combined with interest earned on U.S. Treasury collateral held against those positions. The fund does not currently distribute income to shareholders and carries an expense ratio of 0.75%. It appeals to investors seeking commodity market exposure as part of a diversified portfolio rather than those seeking current income.

GSG performance versus SPY

Price and return data through 2026-10-16.

Total return is -24.6% over the past 20.2 years, 816.1 points behind SPY at 791.5%. Over the past year its total return — price change plus distributions reinvested — is 64.6%. Its deepest 1-year drawdown was 18.8%.

GSG key facts

Issuer

iShares

Asset type

ETF

Asset class

Commodity

Inception date

07/10/2006

Expense ratio

0.75%

Distribution frequency

None

Last close

$37.11 (as of 2026-10-16)

AUM

$1,040,019,384

Average volume

1569359.0

Beta

1.26

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GSG risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.8%.

Who may consider GSG — and who may not

It is a weaker fit for investors who need monthly cash flow (GSG does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GSG

• All tickers starting with G

Frequently asked questions

More securities from iShares.