CPB vs. GSG
CPB (Campbell Soup Company) is a stock, while GSG (iShares S&P GSCI Commodity-Indexed Trust) is Commodities fund tracking the S&P GSCI Total Return Index. Over the past 10 years, CPB returned -6.36%/yr vs 8.24%/yr for GSG. Their 0.06 correlation means their historical movements had little consistent relationship.
Performance
CPB vs. GSG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CPB achieves a -15.68% return, which is significantly lower than GSG's 35.21% return. Over the past 10 years, CPB has underperformed GSG with an annualized return of -6.36%, while GSG has yielded a comparatively higher 8.24% annualized return.
CPB
- 1D
- 1.77%
- 1M
- -4.07%
- 6M
- -15.90%
- YTD
- -15.68%
- 1Y
- -26.41%
- 3Y*
- -17.23%
- 5Y*
- -8.48%
- 10Y*
- -6.36%
- ALL TIME*
- 6.60%
GSG
- 1D
- -2.68%
- 1M
- 9.90%
- 6M
- 27.47%
- YTD
- 35.21%
- 1Y
- 38.52%
- 3Y*
- 13.26%
- 5Y*
- 14.69%
- 10Y*
- 8.24%
- ALL TIME*
- -2.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $126.79M | $132.70M | $187.06M | |
| $17.98M | $16.40M | $25.53M |
CPB vs. GSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPB Campbell Soup Company | -15.68% | -30.47% | 0.09% | -21.45% | 34.84% | -7.19% | 0.72% | 55.19% | -29.12% | -18.30% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 35.21% | 5.93% | 8.52% | -5.51% | 24.08% | 38.77% | -23.94% | 15.62% | -13.88% | 3.89% |
Correlation
The correlation between CPB and GSG is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.14 |
Correlation (3Y) Balances recent behavior with more history. | -0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.03 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2006 | 0.06 |
The correlation between CPB and GSG shifts across timeframes, from -0.14 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CPB vs. GSG — Risk / Return Rank
CPB
GSG
CPB vs. GSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Campbell Soup Company (CPB) 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.
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.
| CPB | GSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.44 | ||
| Sortino ratioReturn per unit of downside risk | -3.28 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.28 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 2.06 | -2.75 |
| Martin ratioReturn relative to average drawdown | -1.12 | 6.61 | -7.72 |
Loading charts...
Drawdowns
CPB vs. GSG - Drawdown Comparison
The maximum CPB drawdown since its inception was -64.65%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for CPB and GSG.
Loading charts...
Drawdown Indicators
| CPB | GSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.65% | -89.62% | +24.97% |
Max Drawdown (1Y)Largest decline over 1 year | -38.53% | -18.81% | -19.72% |
Max Drawdown (3Y)Largest decline over 3 years | -58.07% | -18.81% | -39.26% |
Max Drawdown (5Y)Largest decline over 5 years | -60.04% | -29.12% | -30.92% |
Max Drawdown (10Y)Largest decline over 10 years | -60.04% | -57.64% | -2.40% |
Current DrawdownCurrent decline from peak | -54.55% | -59.18% | +4.63% |
Average DrawdownAverage peak-to-trough decline | -22.30% | -63.67% | +41.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.68% | 5.85% | +17.83% |
Volatility
CPB vs. GSG - Volatility Comparison
Campbell Soup Company (CPB) has a higher volatility of 10.26% compared to iShares S&P GSCI Commodity-Indexed Trust (GSG) at 8.75%. This indicates that CPB's price experiences larger fluctuations and is considered to be riskier than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CPB | GSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.26% | 8.75% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 24.49% | 22.27% | +2.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.27% | 24.37% | +6.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.83% | 22.89% | +1.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.85% | 22.07% | +3.78% |
Dividends
CPB vs. GSG - Dividend Comparison
CPB's dividend yield for the trailing twelve months is around 6.97%, while GSG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPB Campbell Soup Company | 6.97% | 5.60% | 3.53% | 3.42% | 2.61% | 3.41% | 2.90% | 2.83% | 4.24% | 2.91% | 2.13% | 2.37% |
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% | 0.00% |
Frequently Asked Questions
CPB and GSG have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPB has higher volatility (10.26%) compared to GSG (8.75%). In terms of maximum drawdown, CPB dropped -64.65% vs GSG's -89.62%.
GSG currently has the higher Sharpe Ratio (1.59 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CPB and GSG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer