(GSG) iShares S&P GSCI - Ratings and Ratios

The iShares S&P GSCI Commodity-Indexed Trust (GSG) is an exchange-traded fund (ETF) designed to track the performance of the S&P GSCI-ER (Energy Risk). The Trust achieves this by holding long positions in index futures contracts whose settlement values are tied to the level of the S&P GSCI-ER at expiration. Additionally, the fund earns interest on its non-cash collateral assets, which are used to meet margin requirements for the futures positions. The S&P GSCI-ER reflects the returns of a diversified basket of commodity futures contracts, with a focus on energy-related commodities, while the U.S. Treasury securities held as collateral provide an additional source of return.

Based on the provided data, GSG is currently trading at $20.97, slightly below its 20-day SMA of $21.14 but above its 200-day SMA of $21.58. The average trading volume over the past 20 days is 647,257 shares, indicating moderate liquidity. The ATR of 0.39 suggests relatively low volatility. With an AUM of $905.73 million, GSG remains a significant player in the commodities ETF space. The funds structure allows investors to gain exposure to commodity futures without directly taking on physical delivery or operational complexities. The inclusion of interest on collateral assets adds a yield component to the funds returns, making it a hybrid investment vehicle that combines commodity exposure with fixed-income elements.