GSIG vs. GSG
GSIG (Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF) and GSG (iShares S&P GSCI Commodity-Indexed Trust) are both exchange-traded funds - GSIG is a Corporate Bonds fund tracking the FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index, while GSG is a Commodities fund tracking the S&P GSCI Total Return Index. Both are passively managed. At a correlation of -0.06, they often move in opposite directions. GSIG charges 0.14%/yr vs 0.75%/yr for GSG.
Performance
GSIG vs. GSG - Performance Comparison
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Returns By Period
GSIG
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GSG
- 1D
- 3.60%
- 1M
- -0.20%
- 6M
- 28.24%
- YTD
- 32.35%
- 1Y
- 34.57%
- 3Y*
- 14.41%
- 5Y*
- 13.83%
- 10Y*
- 7.40%
GSIG vs. GSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GSIG Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF | 0.68% | 6.69% | 4.72% | 6.06% | -5.80% | -0.81% | 1.59% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 32.35% | 5.93% | 8.52% | -5.51% | 24.08% | 38.77% | 15.13% |
Correlation
The correlation between GSIG and GSG is -0.30, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2020 | -0.06 |
Over the past year, the inverse relationship between GSIG and GSG has strengthened: their correlation has moved from -0.06 to -0.30, meaning they now move in opposite directions more often than their long-term average.
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Return for Risk
GSIG vs. GSG — Risk / Return Rank
GSIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GSG
GSIG vs. GSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) 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.
| GSIG | GSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.85 | — |
| Martin ratioReturn relative to average drawdown | — | 6.29 | — |
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Drawdowns
GSIG vs. GSG - Drawdown Comparison
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Drawdown Indicators
| GSIG | GSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -89.62% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -18.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.64% | — |
Current DrawdownCurrent decline from peak | — | -60.04% | — |
Average DrawdownAverage peak-to-trough decline | — | -63.69% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 5.51% | — |
Volatility
GSIG vs. GSG - Volatility Comparison
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Volatility by Period
| GSIG | GSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 7.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.50% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 23.48% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 22.80% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 22.00% | — |
GSIG vs. GSG - Expense Ratio Comparison
GSIG has a 0.14% expense ratio, which is lower than GSG's 0.75% expense ratio.
Dividends
GSIG vs. GSG - Dividend Comparison
GSIG's dividend yield for the trailing twelve months is around 4.00%, while GSG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GSIG Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF | 4.00% | 4.61% | 4.59% | 3.51% | 2.21% | 1.04% | 0.45% |
Frequently Asked Questions
GSIG and GSG have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GSIG is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GSIG is cheaper with a 0.14% expense ratio, compared with 0.75% for GSG.
GSIG has the higher dividend yield at 4.00%, compared with 0.00% for GSG.
GSIG is categorized as Corporate Bonds, while GSG is Commodities. GSIG tracks FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index, while GSG tracks S&P GSCI Total Return Index. They also come from different issuers: Goldman Sachs and iShares. Their fees differ too: 0.14% for GSIG and 0.75% for GSG.
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