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CFDs come with a high risk of losing money rapidly due to leverage. 71% of accounts lose money when trading CFDs with this provider. You should understand how CFDs work and consider if you can take the risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

71% of retail investor accounts lose money when trading CFDs with this provider.

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iShares S&P GSCI

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About

History

Competitors

About

History

Competitors

The iShares S&P GSCI Commodity-Indexed Trust (GSG) is a prominent exchange-traded fund (ETF) that provides investors exposure to a broad range of commodities. As of July 5, 2023, it has a market cap of $858.19 million. The fund was launched by BlackRock, the world's largest asset manager, in 2006 as part of its iShares suite of ETFs.

It tracks the S&P GSCI Total Return Index, which provides a diversified and investable benchmark for commodity markets. It is designed to reflect the performance of the index, offering exposure to energy, industrial and precious metals, agricultural, and livestock commodities. Its creation marked a significant milestone in providing investors easier access to commodity markets, traditionally an area dominated by institutional investors.

The iShares S&P GSCI ETF, has had a dynamic share price history since its launch by BlackRock in 2006. Over the past five years, its share price has experienced various fluctuations. It plummeted to a low of $7.50 in April 2020 amidst the unprecedented economic disruption caused by the COVID-19 pandemic. Conversely, it reached a high of $26.49 in June 2022 during a period of strong global economic recovery and rising commodity prices.

Traders use a variety of tools and indicators to analyse GSG's performance. These include technical analysis tools such as the bulls and bears power indicator, moving averages, and Relative Strength Index (RSI), as well as fundamental analysis tools like global economic indicators and commodity market trends. These tools may help investors make informed decisions regarding their investments in iShares S&P GSCI, offering insights into its historical performance and potential future direction.

Prior to trading the iShares SPX GSCI ETF, it's crucial to consider its competitors in the commodity ETF space.

Firstly, the Invesco DB Commodity Index Tracking Fund (DBC) is a prominent competitor that provides broad exposure to commodities using a rules-based approach, making it a diversified choice for investors.

Secondly, the Teucrium Wheat Fund (WEAT) offers a more specific focus on wheat futures contracts. This ETF can be an interesting alternative for those looking to invest in agricultural commodities specifically.

Lastly, the United States Brent Oil Fund LP (BNO) is another competitor worth considering. Unlike iShares SPX GSCI , which covers a broad range of commodities, BNO focuses exclusively on Brent crude oil futures, making it a targeted play on energy markets.

Each of these funds offers a unique perspective on commodity investing and may be considered when exploring trades in iShares SPX GSCI.

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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.

Trade [[data.name]] with Skilling

All Hassle-free, with flexible trade sizes and with zero commissions!*

  • Trade 24/5
  • Minimum margin requirements
  • No commission, only spread
  • Fractional shares available
  • Easy to use platform

*Other fees may apply.

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Why Trade [[data.name]]

Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.

CFDs
Equities
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Capitalise on rising prices (go long)

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Capitalise on falling prices (go short)

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Trade with leverage
Hold larger positions than the cash you have at your disposal

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Trade on volatility
No need to own the asset

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No commissions
Just low spreads

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Manage risk with in-platform tools
Ability to set take profit and stop loss levels

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