iPath S&P GSCI Total Return Index ETN

Price: $17.51
Change: $0.27 (-0.02%)
Category: Commodities
Last Updated:


Brand iPath
Structure ETN
Expense Ratio 0.75%
ETF Home Page Home page
Inception Jun 06, 2006

Analyst Report

This ETN is linked to a broad-based commodity index, making it one of many options available to those seeking exposure to natural resources. Though GSP offers exposure to a number of commodity families, it is heavily weighted towards energy resources, including crude oil and natural gas. Precious metals and livestock receive relatively minor allocations; GCC may be a better choice for those seeking balanced commodity exposure. It should also be noted that GSO is structured as an ETN, which has both potential drawbacks and benefits. Investors are exposed to the credit risk of the issuing institution, but will avoid tracking error and may receive more favorable tax treatment. For those seeking commodity exposure tilted heavily towards energy, this ETN might be a good choice. Those seeking more balanced exposure should look elsewhere.

ETF Database Themes

Category Commodities
Asset Class Commodity
Commodity Type Diversified
Commodity Broad
Commodity Exposure Futures-Based

FactSet Classifications

  • Segment Commodities: Broad Market
  • Category Broad Market
  • Focus Broad Market
  • Niche Front Month
  • Strategy Vanilla
  • Weighting Scheme Production

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $8.72
  • 52 Week Hi $17.88
  • AUM $26.9 M
  • Shares 1.5 M

Historical Trading Data

  • 1 Month Avg. Volume 5,548
  • 3 Month Avg. Volume 4,370

Alternative ETFs in the ETF Database Commodities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BCI 0.25% $854.3 M 133,500 31.60%
Largest (AUM) PDBC 0.59% $6.9 B 4 M 46.53%
Most Liquid (Volume) PDBC 0.59% $6.9 B 4 M 46.53%
Top YTD Performer BDRY 3.76% $105.5 M 248,997 348.96%

Alternative ETFs in the FactSet Commodities: Broad Market Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BCI 0.25% $854.3 M 133,500 31.60%
Largest (AUM) PDBC 0.59% $6.9 B 4 M 46.53%
Most Liquid (Volume) PDBC 0.59% $6.9 B 4 M 46.53%
Top YTD Performer PDBC 0.59% $6.9 B 4 M 46.53%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

GSP ETF Database Category Average FactSet Segment Average
Number of Holdings 23 15 18
% of Assets in Top 10 85.58% 76.01% 71.74%
% of Assets in Top 15 94.34% 79.99% 76.68%
% of Assets in Top 50 98.85% 84.04% 81.70%

Size Comparison

GSP ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

GSP Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

GSP Dividend

This section compares the dividend yield of this ETF to its peers.

GSP ETF Database Category Average FactSet Segment Average
Dividend N/A $ 0.21 $ 0.23
Dividend Date N/A N/A N/A
Annual Dividend Rate N/A $ 0.20 $ 0.21
Annual Dividend Yield N/A 0.86% 0.94%

GSP Price and Volume Chart

GSP Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 2.72 M 6 Month Net Flows: 2.79 M 1 Year Net Flows: 3.32 M 3 Year Net Flows: -11.78 M 5 Year Net Flows: -7.65 M 10 Year Net Flows: 11.59 M

GSP Price vs Flows AUM Influence

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for GSP on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Commodities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+ n/a
Expenses A- n/a

A+ Overall Rated ETF:

GSP Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions No distributions
Distributes K1 No
ESG Themes and Scores

GSP does not have an ESG score. There are no ESG themes that map to this ETF.

GSP Performance

This section shows how this ETF has performed relative to its peers.

GSP ETF Database
Category Average
Factset Segment
1 Month Return 9.57% 5.78% 6.51%
3 Month Return 13.78% 10.36% 9.13%
YTD Return 58.99% 48.83% 35.27%
1 Year Return 84.90% 62.73% 46.30%
3 Year Return 1.68% 15.33% 18.89%
5 Year Return 24.72% 13.72% 16.05%

Geographic Exposure

The following charts reflect the geographic spread of GSP's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of GSP's underlying holdings.

GSP Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
18 of 26

20 Day Volatility
4 of 26

50 Day Volatility
4 of 26

200 Day Volatility
4 of 26

4 of 26

Standard Deviation
17 of 26


  • 20 Day MA $17.00
  • 60 Day MA $15.84
  • MACD 15 Period 0.27
  • MACD 100 Period 1.93
  • Williams % Range 10 Day 47.49
  • Williams % Range 20 Day 20.90
  • RSI 10 Day 64
  • RSI 20 Day 65
  • RSI 30 Day 63
  • Ultimate Oscillator 59

Bollinger Bands

  • Lower Bollinger (10 Day) $17.03
  • Upper Bollinger (10 Day) $17.80
  • Lower Bollinger (20 Day) $16.00
  • Upper Bollinger (20 Day) $17.99
  • Lower Bollinger (30 Day) $15.03
  • Upper Bollinger (30 Day) $18.07

Support & Resistance

  • Support Level 1 $17.30
  • Support Level 2 $17.10
  • Resistance Level 1 $17.65
  • Resistance Level 2 $17.80


  • Stochastic Oscillator %D (1 Day) 62.84
  • Stochastic Oscillator %D (5 Day) 62.26
  • Stochastic Oscillator %K (1 Day) 50.92
  • Stochastic Oscillator %K (5 Day) 70.05

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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