FAAR vs GSG: how they differ

FAAR is an actively managed commodity fund and GSG a commodity futures fund, and over the year GSG returned +57.4% against +19.7%. First Trust Alternative Absolute Return Strategy ETF and iShares GSCI Commodity-Indexed Trust Fund.

GSG costs 0.17 points a year less; their one-year returns differ by 37.7 points; GSG is 4.3 times larger.

FAARGSG
Expense ratio0.98%0.81%
Net assets, as of Oct 8, 2026$241m$1.0bn
Total return, 1 year+19.7%+57.4%
Holdings in commonnot published
Below its high3.9%, high on May 18, 202652.8%, high on Jul 2, 2008
+19.7%
FAAR total return, 1 year
+57.4%
GSG total return, 1 year
0.98%
FAAR expense ratio
0.81%
GSG expense ratio

On the same fields

FAAR
First Trust Alternative Absolute Return Strategy ETF
GSG
iShares GSCI Commodity-Indexed Trust Fund
Where it sits Commodity ETF Commodity ETF
What it is Actively managed Holds commodity futures
Total return, 1 year +19.7% +57.4%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 +2.4 pts +40.1 pts
Expense ratio 0.98% 0.81%
Holdings 4 not read by ETFIQ
Net assets, as of Oct 8, 2026 $241m $1.0bn

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

FAAR in plain words

FAAR is actively managed and tracks no index. The prospectus expense ratio is 0.98% a year. It sat 3.9% below its high of May 18, 2026 on Oct 9, 2026.

Over the year to Oct 9, 2026 it returned +19.7% with distributions reinvested, against +40.2% for its benchmark, the Bloomberg Commodity Index.

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, FAAR or GSG?
In the year to Oct 9, 2026, with distributions reinvested, FAAR returned +19.7% and GSG +57.4%.
Which is cheaper, FAAR or GSG?
GSG is cheaper, by 0.17 percentage points a year. On $10,000 held for a year that difference is about $17. Fees come from each fund's own filings.
Cite this page

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

Open data

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