Goldman Sachs Commodity Strategy Fund (GCCIX)

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Goldman Sachs Commodity Strategy Fund (GCCIX) is up 11.9% since the beginning of the year. GCCIX is currently trading at $9 per share. Investors who bought $1,000 worth of GCCIX shares 5 years ago would now be looking at an investment worth $1,585.

Goldman Sachs Commodity Strategy Fund (GCCIX) has returned 11.94% so far this year and 17.28% over the past 12 months. Over the last ten years, GCCIX has returned 4.26% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Apr 2, 2007, GCCIX's average daily return is -0.01%, while the average monthly return is -0.10%.

Historically, 57% of months were positive and 43% were negative. The best month was May 2009 with a return of +18.2%, while the worst month was Oct 2008 at -29.4%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 8 months.

On a daily basis, GCCIX closed higher 50% of trading days. The best single day was Dec 30, 2021 with a return of +15.8%, while the worst single day was Dec 31, 2021 at -14.5%.

Goldman Sachs Commodity Strategy Fund has an annualized alpha of -5.14%, beta of 0.38, and R2 of 0.12 versus S&P 500 Index. Calculated based on daily prices since April 02, 2007.

• This fund participated in 89.30% of S&P 500 Index downside but only 38.32% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.38 may look defensive, but with R2 of 0.12 this fund 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 fund's risk.
• R2 of 0.12 means this fund 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.

GCCIX has an expense ratio of 0.59%, placing it in the medium range.

GCCIX ranks 21 for risk / return — below 21% of mutual funds 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.

Goldman Sachs Commodity Strategy Fund provided a 14.37% dividend yield over the last twelve months, with an annual payout of $1.33 per share.

The table displays the monthly dividend distributions for Goldman Sachs Commodity Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Goldman Sachs 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 Goldman Sachs Commodity Strategy Fund was 90.80%, occurring on Apr 21, 2020. The portfolio has not yet recovered.

The current Goldman Sachs Commodity Strategy Fund drawdown is 72.26%.

The chart below shows the rolling one-month volatility.