- ISIN
- US97718W1080
- CUSIP
- 97717Y683
- Issuer
- WisdomTree
- Inception Date
- Jan 24, 2008
- Region
- Global (Broad)
- Category
- Commodities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Commodity
- Assets Under Management
- $261M
Share Price Chart
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Performance
GCC Performance Chart
WisdomTree Enhanced Commodity Strategy Fund (GCC) is up 9.6% since the beginning of the year. GCC is currently trading at $23 per share. Investors who bought $1,000 worth of GCC shares 5 years ago would now be looking at an investment worth $1,652.
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Returns By Period
WisdomTree Enhanced Commodity Strategy Fund (GCC) has returned 9.55% so far this year and 22.24% over the past 12 months. Over the last ten years, GCC has returned 6.00% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
WisdomTree Enhanced Commodity Strategy Fund
- 1D
- -0.34%
- 1M
- -8.49%
- YTD
- 9.55%
- 6M
- 9.43%
- 1Y
- 22.24%
- 3Y*
- 15.39%
- 5Y*
- 10.56%
- 10Y*
- 6.00%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GCC Monthly Returns History
Based on dividend-adjusted daily data since Jan 24, 2008, GCC's average daily return is +0.01%, while the average monthly return is +0.17%. At this rate, an investment would double in approximately 34.0 years.
Historically, 52% of months were positive and 48% were negative. The best month was May 2009 with a return of +11.7%, while the worst month was Oct 2008 at -17.8%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 7 months.
On a daily basis, GCC closed higher 51% of trading days. The best single day was Feb 8, 2008 with a return of +6.0%, while the worst single day was Mar 9, 2022 at -9.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.10% | 3.88% | 2.70% | 5.85% | -1.82% | -6.87% | 9.55% | ||||||
| 2025 | 3.85% | -2.35% | 2.70% | -3.65% | 1.45% | 3.81% | 1.14% | 2.44% | 3.79% | 1.85% | 0.48% | 3.20% | 20.01% |
| 2024 | 1.18% | 1.58% | 5.92% | 3.26% | 1.58% | -2.22% | -2.06% | 0.00% | 3.19% | 0.25% | 1.44% | 0.34% | 15.13% |
| 2023 | 1.87% | -4.74% | 1.07% | -1.12% | -5.66% | 2.34% | 7.21% | -1.46% | -0.02% | -0.01% | -0.74% | -1.93% | -3.72% |
| 2022 | 5.04% | 7.45% | 7.49% | 1.31% | 1.21% | -9.42% | -0.81% | -2.71% | -5.85% | 3.04% | 3.40% | -1.24% | 7.74% |
| 2021 | 1.21% | 5.71% | -1.57% | 7.23% | 3.81% | -0.81% | 0.96% | -1.52% | 1.27% | 4.00% | -5.49% | 4.26% | 19.96% |
Benchmark Metrics
WisdomTree Enhanced Commodity Strategy Fund has an annualized alpha of -1.20%, beta of 0.30, and R2 of 0.14 versus S&P 500 Index. Calculated based on daily prices since January 24, 2008.
- This ETF participated in 58.98% of S&P 500 Index downside but only 32.96% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.30 may look defensive, but with R2 of 0.14 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.14 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -1.20%
- Beta
- 0.30
- R²
- 0.14
- Upside Capture
- 32.96%
- Downside Capture
- 58.98%
Expense Ratio
GCC has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Risk / Return Rank
GCC ranks 37 for risk / return — below 37% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for WisdomTree Enhanced Commodity Strategy Fund (GCC) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GCC | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.37 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.78 | -1.00 |
| Martin ratioReturn relative to average drawdown | 6.32 | 12.44 | -6.12 |
Dividends
Dividend History
WisdomTree Enhanced Commodity Strategy Fund provided a 6.06% dividend yield over the last twelve months, with an annual payout of $1.40 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $1.40 | $1.40 | $0.66 | $0.62 | $4.10 | $2.03 |
Dividend yield | 6.06% | 6.64% | 3.51% | 3.68% | 22.49% | 9.76% |
Monthly Dividends
The table displays the monthly dividend distributions for WisdomTree Enhanced Commodity Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.09 | $0.00 | $0.32 | $1.40 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.00 | $0.22 | $0.66 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.00 | $0.23 | $0.62 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.02 | $0.00 | $0.08 | $4.10 |
| 2021 | $2.03 | $0.00 | $0.00 | $2.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the WisdomTree Enhanced Commodity Strategy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the WisdomTree Enhanced Commodity Strategy Fund was 63.19%, occurring on Apr 1, 2020. Recovery took 1492 trading sessions.
The current WisdomTree Enhanced Commodity Strategy Fund drawdown is 12.53%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -63.19%Apr 2020 | 11y 9mo | 5y 11mo | 17y 8moJul 2008 - Mar 2026 |
Financial crisis2007–2009 | -12.77%Mar 2008 | 14d | 2mo 29d | 3mo 13dMar 2008 - Jun 2008 |
2026 correction2026 | -12.53%Jun 2026 | 1mo 10d | — | 1mo 11dMay 2026 - now |
2026 pullback2026 | -5.47%Mar 2026 | 10d | 22d | 1mo 2dMar 2026 - Apr 2026 |
Financial crisis2007–2009 | -4.97%Feb 2008 | 1d | 9d | 10dFeb 2008 - Feb 2008 |
Drawdown Indicators
| GCC | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.19% | -56.78% | -6.41% |
Max Drawdown (1Y)Largest decline over 1 year | -12.53% | -9.10% | -3.43% |
Max Drawdown (3Y)Largest decline over 3 years | -12.53% | -18.90% | +6.37% |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | -25.43% | -1.64% |
Max Drawdown (10Y)Largest decline over 10 years | -32.67% | -33.92% | +1.25% |
Current DrawdownCurrent decline from peak | -12.53% | -1.80% | -10.73% |
Average DrawdownAverage peak-to-trough decline | -34.84% | -10.71% | -24.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 2.03% | +1.51% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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