GSCI Index ETF: A Comprehensive Guide

The GSCI Index ETF is a popular investment option that allows you to track the performance of the S&P GSCI Index.

The S&P GSCI Index is a widely followed benchmark that measures the performance of the global commodity markets.

It's made up of a diversified basket of commodities, including oil, natural gas, gold, and agricultural products.

This index is designed to provide a broad representation of the commodity market, which can help investors diversify their portfolios.

The GSCI Index ETF is designed to track the performance of the S&P GSCI Index, providing investors with exposure to the global commodity markets.

By investing in the GSCI Index ETF, you can gain access to a diversified portfolio of commodities with a single trade.

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The fees associated with the GSCI Index ETF are relatively low. The management fee is a flat 0.48% of the fund's assets.

To break it down further, here are the specific fees you can expect:

As for distributions, the ETF pays out a portion of its income to shareholders. The record date, ex-date, and payable date are the key dates to keep in mind for receiving your distribution.

Fees can be a significant consideration when investing in a fund. The management fee is 0.48%.

The total fees and expenses are broken down into several categories. Acquired fund fees and expenses come in at 0.01% each year. Other expenses are a negligible 0.00%.

The expense ratio, which is the total of these fees, comes out to 0.49%. This means that 0.49% of your investment goes towards paying the fund's expenses.

In some cases, a portion of the fees may be waived. The fee waivers in this fund amount to 0.01%. This can help reduce the overall cost of investing.

After taking into account the fee waivers, the net expense ratio is 0.48%. This is the final amount that you'll pay in fees each year.

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Distributions are a crucial aspect of investing in ETFs, and understanding them can help you make informed decisions about your portfolio.

The record date, ex-date, and payable date are key dates to keep in mind when it comes to distributions. The record date is typically the date by which you must own the ETF to receive the distribution, while the ex-date is the date after which you will not receive the distribution if you sell the ETF.

The payable date is the date when the distribution is actually paid out to shareholders. You can find the record date, ex-date, and payable date in the distribution schedule.

You can also view the total distribution, income, short-term capital gains, long-term capital gains, and return of capital for the ETF by looking at the distribution schedule. This information can help you understand the composition of the distribution and how it will affect your taxes.

Here's a breakdown of the types of distributions you can expect to see in the distribution schedule:

You can also view last month's ETF flows and all ETF flows in the distribution schedule. This information can help you understand how the ETF has been performing over time and make more informed investment decisions.

The GSCI Index ETF has a relatively low volatility of 9.51% over the past 5 years, which suggests that its price has not fluctuated significantly during this period.

This is a good sign for investors who are risk-averse and want to minimize their potential losses.

However, the Return per risk for the 5-year period is -0.24, which means that for every 1% of risk taken, the ETF has returned a negative 0.24% over the past 5 years.

This is a concerning sign, as it suggests that the ETF may not be providing a sufficient return to compensate for the risks involved.

Here's a summary of the ETF's risk metrics:

It's worth noting that the Maximum drawdown for the 5-year period is unknown, as it is listed as "-". This suggests that the ETF may have experienced a significant loss at some point during this period, but the exact amount is not available.

The iShares GSCI Commodity Dynamic Roll Strategy ETF aims to track the investment results of an index with a broad range of commodity exposures.

The fund seeks to enhance roll selection to optimize returns. This means it tries to minimize losses and maximize gains when rolling over to new contracts.

Its investment objective is to approximate the performance of its benchmark index, the S&P GSCI Commodity Index, over the long term.

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The iShares GSCI Commodity Dynamic Roll Strategy ETF seeks to track the investment results of an index composed of a broad range of commodity exposures with enhanced roll selection, on a total return basis.

The Strategy will not necessarily own all, or any, of the futures contracts included in the Index, and instead will attempt to replicate the performance of the Index through derivatives transactions or purchasing a representative selection of the futures contracts.

The Strategy typically maintains a substantial cash balance, which is invested in other short-term pooled investment vehicles sponsored or managed by SSGA, such as registered investment companies or private investment pools.

The Strategy's return may not match the return of the Index, and there are risks involved with investing, including possible loss of principal.

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A breakdown is essentially a setback or a loss in your investment portfolio. This can occur due to various reasons such as market fluctuations, company performance issues, or even bankruptcy.

You can expect a breakdown to result in a loss of 10% to 20% of your investment value. This is a common range, but it can vary depending on the specific circumstances.

Breakdowns can happen to anyone, even experienced investors. It's essential to have a well-diversified portfolio to minimize the impact of a breakdown.

The Premium/Discount section of the GSCI Index ETF is an important metric to understand. The total return of the ETF has been 8.25% as of December 31, 2024.

The market price of the ETF has been 8.52% as of December 31, 2024. This is slightly higher than the total return, indicating a premium.

Here's a breakdown of the premium/discount over different time periods:

The benchmark, on the other hand, has been 9.25% as of December 31, 2024. This means the ETF is currently trading at a discount of 0.92% relative to the benchmark.

It's worth noting that the premium/discount can fluctuate over time and may not always be the same.