Which returned more over the last year, CMDT or GSG?

In the year to Oct 9, 2026, with distributions reinvested, CMDT returned +31.6% and GSG +57.4%.

Which is cheaper, CMDT or GSG?

CMDT is cheaper, by 0.16 percentage points a year. On $10,000 held for a year that difference is about $16. Fees come from each fund's own filings.

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CMDT vs GSG: how they differ

CMDT is an actively managed commodity fund and GSG a commodity futures fund, and over the year GSG returned +57.4% against +31.6%. PIMCO Commodity Strategy Active Exchange-Traded Fund and iShares GSCI Commodity-Indexed Trust Fund.

CMDT costs 0.16 points a year less; their one-year returns differ by 25.8 points; GSG is 1.4 times larger.

	CMDT	GSG
Expense ratio	0.65%	0.81%
Net assets, CMDT as of Jun 30, 2026 and GSG as of Oct 8, 2026	$751m	$1.0bn
Total return, 1 year	+31.6%	+57.4%
Holdings in common	not published
Below its high		52.8%, high on Jul 2, 2008

+31.6%

CMDT total return, 1 year

+57.4%

GSG total return, 1 year

0.65%

CMDT expense ratio

0.81%

GSG expense ratio

On the same fields

CMDT

PIMCO Commodity Strategy Active Exchange-Traded Fund

GSG

iShares GSCI Commodity-Indexed Trust Fund

Where it sits Commodity ETF Commodity ETF

Issuer PIMCO iShares

What it is Actively managed Holds commodity futures

Total return, 1 year +31.6% +57.4%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +14.4 pts +40.1 pts

Expense ratio 0.65% 0.81%

Holdings 259 not read by ETFIQ

Net assets, CMDT as of Jun 30, 2026 and GSG as of Oct 8, 2026 $751m $1.0bn

CMDT and GSG on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

CMDT in plain words

CMDT is actively managed and tracks no index. The prospectus expense ratio is 0.65% a year.

Over the year to Oct 9, 2026 it returned +31.6% with distributions reinvested, against +40.2% for its benchmark, the Bloomberg Commodity Index Total Return.

GSG in plain words

GSG holds commodity futures. Over the year to Oct 9, 2026 it returned +57.4% with distributions reinvested. It sat 52.8% below its high of Jul 2, 2008 on Oct 9, 2026.

Its expense ratio is 0.81% a year, for the three months to Jun 30, 2026, as its 10-Q states.

Questions people ask

Which returned more over the last year, CMDT or GSG?: In the year to Oct 9, 2026, with distributions reinvested, CMDT returned +31.6% and GSG +57.4%.
Which is cheaper, CMDT or GSG?: CMDT is cheaper, by 0.16 percentage points a year. On $10,000 held for a year that difference is about $16. Fees come from each fund's own filings.

Other comparisons

CMDT vs SDCI CMDT vs COMT CMDT vs CMDY CMDT vs DBC GSG vs NBCM GSG vs PIT FAAR vs GSG COMB vs GSG

CMDT on its own →GSG on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

CMDT filings on SEC EDGAR ↗CMDT prospectus with the expense ratio (SEC) ↗PIMCO website ↗GSG filings on SEC EDGAR ↗iShares page for GSG ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, CMDT against GSG, data as of Oct 9, 2026. https://etfiq.com/compare/any/cmdt-vs-gsg

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.