RGEF vs. GSG
RGEF (Rockefeller Global Equity ETF) and GSG (iShares S&P GSCI Commodity-Indexed Trust) are both exchange-traded funds - RGEF is a Global Equities fund actively managed by Rockefeller, while GSG is a Commodities fund tracking the S&P GSCI Total Return Index. RGEF is actively managed, while GSG is passively managed. Over the past year, RGEF returned 31.08% vs 51.52% for GSG. At a correlation of -0.05, they often move in opposite directions. RGEF charges 0.55%/yr vs 0.75%/yr for GSG.
Performance
RGEF vs. GSG - Performance Comparison
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Returns By Period
In the year-to-date period, RGEF achieves a 13.96% return, which is significantly lower than GSG's 42.58% return.
RGEF
- 1D
- -0.42%
- 1M
- 5.52%
- YTD
- 13.96%
- 6M
- 14.81%
- 1Y
- 31.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GSG
- 1D
- 0.77%
- 1M
- -4.83%
- YTD
- 42.58%
- 6M
- 41.06%
- 1Y
- 51.52%
- 3Y*
- 19.31%
- 5Y*
- 15.74%
- 10Y*
- 7.69%
RGEF vs. GSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RGEF Rockefeller Global Equity ETF | 13.96% | 25.37% | -1.25% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 42.58% | 5.93% | 4.21% |
Correlation
The correlation between RGEF and GSG is -0.22, 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 | -0.22 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2024 | -0.05 |
The correlation between RGEF and GSG shifts across timeframes, from -0.22 (1 year) to -0.05 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
RGEF vs. GSG — Risk / Return Rank
RGEF
GSG
RGEF vs. GSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rockefeller Global Equity ETF (RGEF) 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.
| RGEF | GSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.40 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.14 | 5.47 | -2.34 |
| Martin ratioReturn relative to average drawdown | 14.03 | 14.39 | -0.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RGEF | GSG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.27 | 2.26 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.45 | -0.09 | +1.53 |
Drawdowns
RGEF vs. GSG - Drawdown Comparison
The maximum RGEF drawdown since its inception was -16.01%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for RGEF and GSG.
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Drawdown Indicators
| RGEF | GSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.01% | -89.62% | +73.61% |
Max Drawdown (1Y)Largest decline over 1 year | -9.95% | -9.46% | -0.49% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.94% | — |
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 | -0.42% | -56.95% | +56.53% |
Average DrawdownAverage peak-to-trough decline | -1.79% | -63.71% | +61.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 3.59% | -1.37% |
Volatility
RGEF vs. GSG - Volatility Comparison
The current volatility for Rockefeller Global Equity ETF (RGEF) is 4.22%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 7.65%. This indicates that RGEF 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.
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Volatility by Period
| RGEF | GSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 7.65% | -3.43% |
Volatility (6M)Calculated over the trailing 6-month period | 11.11% | 20.42% | -9.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.77% | 22.95% | -9.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.80% | 22.61% | -5.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.80% | 22.03% | -5.23% |
RGEF vs. GSG - Expense Ratio Comparison
RGEF has a 0.55% expense ratio, which is lower than GSG's 0.75% expense ratio.
Dividends
RGEF vs. GSG - Dividend Comparison
RGEF's dividend yield for the trailing twelve months is around 0.88%, while GSG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% | 0.00% |
RGEF Rockefeller Global Equity ETF | 0.88% | 0.92% | 0.29% |
Frequently Asked Questions
RGEF and GSG have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSG has higher volatility (7.65%) compared to RGEF (4.22%). In terms of maximum drawdown, RGEF dropped -16.01% vs GSG's -89.62%.
On 1-year performance, GSG leads with 51.52% vs 31.08% for RGEF. On fees, RGEF is cheaper at 0.55% per year. On volatility, RGEF has been the lower-risk option at 4.22%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GSG has performed better with a 51.52% return vs 31.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RGEF is cheaper with a 0.55% expense ratio, compared with 0.75% for GSG.
RGEF has the higher dividend yield at 0.88%, compared with 0.00% for GSG.
RGEF is categorized as Global Equities, while GSG is Commodities. They also come from different issuers: Rockefeller and iShares. Their fees differ too: 0.55% for RGEF and 0.75% for GSG.
RGEF currently has the higher Sharpe Ratio (2.27 vs 2.26), 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.
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