GCC vs. GSG
Compare and contrast key facts about WisdomTree Enhanced Commodity Strategy Fund (GCC) and iShares S&P GSCI Commodity-Indexed Trust (GSG).
GCC and GSG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GCC is an actively managed fund by WisdomTree. It was launched on Jan 24, 2008. 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: GCC or GSG.
Key characteristics
| GCC | GSG | |
|---|---|---|
| YTD Return | 12.08% | 3.84% |
| 1Y Return | 9.79% | -1.84% |
| 3Y Return (Ann) | 4.21% | 5.72% |
| 5Y Return (Ann) | 8.09% | 6.35% |
| 10Y Return (Ann) | 0.80% | -2.38% |
| Sharpe Ratio | 0.91 | -0.01 |
| Sortino Ratio | 1.35 | 0.10 |
| Omega Ratio | 1.15 | 1.01 |
| Calmar Ratio | 0.29 | -0.00 |
| Martin Ratio | 2.95 | -0.04 |
| Ulcer Index | 3.85% | 5.15% |
| Daily Std Dev | 12.51% | 16.56% |
| Max Drawdown | -63.19% | -89.62% |
| Current Drawdown | -29.59% | -72.40% |
Correlation
The correlation between GCC and GSG is 0.75, 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.
Performance
GCC vs. GSG - Performance Comparison
In the year-to-date period, GCC achieves a 12.08% return, which is significantly higher than GSG's 3.84% return. Over the past 10 years, GCC has outperformed GSG with an annualized return of 0.80%, while GSG has yielded a comparatively lower -2.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GCC vs. GSG - Expense Ratio Comparison
GCC has a 0.55% expense ratio, which is lower than GSG's 0.75% expense ratio.
Risk-Adjusted Performance
GCC vs. GSG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Enhanced Commodity Strategy Fund (GCC) 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
GCC vs. GSG - Dividend Comparison
GCC's dividend yield for the trailing twelve months is around 3.59%, while GSG has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
GCC WisdomTree Enhanced Commodity Strategy Fund | 3.59% | 3.68% | 22.49% | 9.76% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GCC vs. GSG - Drawdown Comparison
The maximum GCC drawdown since its inception was -63.19%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for GCC and GSG. For additional features, visit the drawdowns tool.
Volatility
GCC vs. GSG - Volatility Comparison
The current volatility for WisdomTree Enhanced Commodity Strategy Fund (GCC) is 4.14%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 5.63%. This indicates that GCC experiences smaller price fluctuations and is considered to be less risky than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.