iShares S&P GSCI Commodity-Indexed Trust Overview
Pro stress-test →GSG is an investment trust that seeks to track a fully collateralized index of a diversified group of commodity futures, offering exposure to energy, metals, agriculture, and livestock markets. Operated by BlackRock as a commodity pool under CFTC regulation, the trust provides investors with a passively managed commodity exposure vehicle.
Strategic Profile
Pro stress-test →As of July 2026, the fund holds 23 commodity futures positions with approximately $836.6 million in assets under management and a 0.75% expense ratio. The trust has delivered strong recent performance, returning 37.1% year-to-date and 49.7% over the past 12 months, significantly outperforming its Commodities Broad Basket category average.
Competitive Landscape
Pro stress-test →GSG competes within the Commodities Broad Basket category alongside other diversified commodity ETFs. Direct competitors include Invesco commodity tracking products (DBC, DBA, DBB, PDBC) and iPath Bloomberg Commodity Index ETN (DJP), which offer similar broad commodity futures exposure with varying collateralization and expense structures. GSG's 0.75% expense ratio is slightly above category average, but its S&P GSCI index replication and BlackRock distribution network provide competitive advantages in scale and accessibility.
Industry Context
iShares S&P GSCI Commodity-Indexed Trust operates in Commodity futures ETFs.
Key facts
Founded: 2006 · Headquarters: US · Employees: N/A · Revenue: N/A · Market cap: $836.6M–$1.3B