VTRS vs. GSG
VTRS (Viatris Inc.) 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 5 years, VTRS returned 9.60%/yr vs 14.69%/yr for GSG. Their 0.09 correlation means their historical movements had little consistent relationship.
Performance
VTRS vs. GSG - Performance Comparison
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Returns By Period
In the year-to-date period, VTRS achieves a 43.87% return, which is significantly higher than GSG's 35.21% return.
VTRS
- 1D
- 0.40%
- 1M
- 5.57%
- 6M
- 30.93%
- YTD
- 43.87%
- 1Y
- 108.00%
- 3Y*
- 23.74%
- 5Y*
- 9.60%
- 10Y*
- —
- ALL TIME*
- 6.08%
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) |
|---|---|---|---|
| $17.98M | $16.40M | $25.53M | |
VTRS Viatris Inc. | $171.67M | $159.14M | $178.44M |
VTRS vs. GSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
VTRS Viatris Inc. | 43.87% | 5.08% | 19.68% | 2.06% | -14.29% | -26.12% | 19.82% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 35.21% | 5.93% | 8.52% | -5.51% | 24.08% | 38.77% | 11.99% |
Correlation
The correlation between VTRS and GSG is -0.12, 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. | -0.12 |
Correlation (3Y) Balances recent behavior with more history. | -0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.08 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2020 | 0.09 |
The correlation between VTRS and GSG shifts across timeframes, from -0.12 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VTRS vs. GSG — Risk / Return Rank
VTRS
GSG
VTRS vs. GSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Viatris Inc. (VTRS) 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.
| VTRS | GSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.77 | ||
| Sortino ratioReturn per unit of downside risk | +2.17 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.28 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 5.73 | 2.06 | +3.67 |
| Martin ratioReturn relative to average drawdown | 15.90 | 6.61 | +9.29 |
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Drawdowns
VTRS vs. GSG - Drawdown Comparison
The maximum VTRS drawdown since its inception was -54.33%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for VTRS and GSG.
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Drawdown Indicators
| VTRS | GSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.33% | -89.62% | +35.29% |
Max Drawdown (1Y)Largest decline over 1 year | -18.97% | -18.81% | -0.16% |
Max Drawdown (3Y)Largest decline over 3 years | -45.02% | -18.81% | -26.21% |
Max Drawdown (5Y)Largest decline over 5 years | -45.69% | -29.12% | -16.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.64% | — |
Current DrawdownCurrent decline from peak | -1.29% | -59.18% | +57.89% |
Average DrawdownAverage peak-to-trough decline | -30.11% | -63.67% | +33.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.82% | 5.85% | +0.97% |
Volatility
VTRS vs. GSG - Volatility Comparison
The current volatility for Viatris Inc. (VTRS) is 8.24%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 8.75%. This indicates that VTRS 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
| VTRS | GSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.24% | 8.75% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 24.26% | 22.27% | +1.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.43% | 24.37% | +8.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.46% | 22.89% | +10.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.79% | 22.07% | +11.72% |
Dividends
VTRS vs. GSG - Dividend Comparison
VTRS's dividend yield for the trailing twelve months is around 2.72%, while GSG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTRS Viatris Inc. | 2.72% | 3.86% | 3.86% | 4.43% | 4.31% | 2.44% |
Frequently Asked Questions
VTRS and GSG have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSG has higher volatility (8.75%) compared to VTRS (8.24%). In terms of maximum drawdown, VTRS dropped -54.33% vs GSG's -89.62%.
VTRS currently has the higher Sharpe Ratio (3.36 vs 1.59), 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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