COMT vs. GSG
Compare and contrast key facts about iShares Commodities Select Strategy ETF (COMT) and iShares S&P GSCI Commodity-Indexed Trust (GSG).
COMT and GSG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COMT is an actively managed fund by iShares. It was launched on Oct 15, 2014. GSG is a passively managed fund by iShares that tracks the performance of the S&P GSCI Total Return Index. It was launched on Jul 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COMT or GSG.
Performance
COMT vs. GSG - Performance Comparison
Returns By Period
In the year-to-date period, COMT achieves a 4.99% return, which is significantly lower than GSG's 6.73% return. Over the past 10 years, COMT has outperformed GSG with an annualized return of 0.61%, while GSG has yielded a comparatively lower -2.06% annualized return.
COMT
4.99%
-0.57%
-2.91%
0.81%
6.49%
0.61%
GSG
6.73%
-0.14%
-3.12%
2.10%
6.83%
-2.06%
Key characteristics
| COMT | GSG | |
|---|---|---|
| Sharpe Ratio | -0.01 | 0.07 |
| Sortino Ratio | 0.08 | 0.21 |
| Omega Ratio | 1.01 | 1.02 |
| Calmar Ratio | -0.01 | 0.01 |
| Martin Ratio | -0.04 | 0.21 |
| Ulcer Index | 4.57% | 5.23% |
| Daily Std Dev | 14.82% | 16.19% |
| Max Drawdown | -51.89% | -89.62% |
| Current Drawdown | -21.53% | -71.63% |
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COMT vs. GSG - Expense Ratio Comparison
COMT has a 0.48% expense ratio, which is lower than GSG's 0.75% expense ratio.
Correlation
The correlation between COMT and GSG is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
COMT vs. GSG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Commodities Select Strategy ETF (COMT) and iShares S&P GSCI Commodity-Indexed Trust (GSG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
COMT vs. GSG - Dividend Comparison
COMT's dividend yield for the trailing twelve months is around 4.95%, while GSG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
COMT iShares Commodities Select Strategy ETF | 4.95% | 5.19% | 29.79% | 17.79% | 0.36% | 2.61% | 11.65% | 5.16% | 0.52% | 1.44% | 0.56% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
COMT vs. GSG - Drawdown Comparison
The maximum COMT drawdown since its inception was -51.89%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for COMT and GSG. For additional features, visit the drawdowns tool.
Volatility
COMT vs. GSG - Volatility Comparison
iShares Commodities Select Strategy ETF (COMT) and iShares S&P GSCI Commodity-Indexed Trust (GSG) have volatilities of 5.33% and 5.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.