GSG vs. NGG
Compare and contrast key facts about iShares S&P GSCI Commodity-Indexed Trust (GSG) and National Grid plc (NGG).
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: GSG or NGG.
Performance
GSG vs. NGG - Performance Comparison
Returns By Period
In the year-to-date period, GSG achieves a 4.94% return, which is significantly higher than NGG's 2.00% return. Over the past 10 years, GSG has underperformed NGG with an annualized return of -2.25%, while NGG has yielded a comparatively higher 4.78% annualized return.
GSG
4.94%
0.29%
-6.15%
1.20%
6.99%
-2.25%
NGG
2.00%
-8.25%
-4.18%
9.64%
8.54%
4.78%
Key characteristics
| GSG | NGG | |
|---|---|---|
| Sharpe Ratio | 0.19 | 0.48 |
| Sortino Ratio | 0.38 | 0.71 |
| Omega Ratio | 1.04 | 1.12 |
| Calmar Ratio | 0.04 | 0.55 |
| Martin Ratio | 0.59 | 1.75 |
| Ulcer Index | 5.24% | 6.46% |
| Daily Std Dev | 16.22% | 23.84% |
| Max Drawdown | -89.62% | -54.85% |
| Current Drawdown | -72.11% | -11.48% |
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Correlation
The correlation between GSG and NGG is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
GSG vs. NGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P GSCI Commodity-Indexed Trust (GSG) and National Grid plc (NGG). 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
GSG vs. NGG - Dividend Comparison
GSG has not paid dividends to shareholders, while NGG's dividend yield for the trailing twelve months is around 11.52%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NGG National Grid plc | 11.52% | 5.20% | 5.18% | 4.75% | 5.32% | 4.94% | 6.44% | 24.15% | 5.07% | 4.73% | 7.86% | 4.82% |
Drawdowns
GSG vs. NGG - Drawdown Comparison
The maximum GSG drawdown since its inception was -89.62%, which is greater than NGG's maximum drawdown of -54.85%. Use the drawdown chart below to compare losses from any high point for GSG and NGG. For additional features, visit the drawdowns tool.
Volatility
GSG vs. NGG - Volatility Comparison
iShares S&P GSCI Commodity-Indexed Trust (GSG) has a higher volatility of 5.45% compared to National Grid plc (NGG) at 5.11%. This indicates that GSG's price experiences larger fluctuations and is considered to be riskier than NGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.