http://apiprod.etf.internal.com/private/fund/GSP/fundreport
GSP

GSP

iPath S&P GSCI Total Return Index ETN
D

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

GSP Fund Description

The iPath S&P GSCI Total Return ETN tracks a broad index of commodities futures contracts weighted according to global production.

GSP Factset Analytics Insight

GSP is the best of three ETPs on the market that track the S&P GSCI. Of course, that doesn't necessarily mean it's the best broad-based commodities product: Like the GSCI, it uses front-month futures contracts for exposure to its target commodities, making it especially sensitive to the forces of contango. Also like the GSCI, it has heavy exposure to energy (over 70%), and WTI crude and Brent crude oil in particular (almost 50%). However, if a plain-vanilla, production-weighted index of commodities is what you're looking for, it's hard to beat GSP. The only dark mark here is liquidity: Unlike some of its brethren that trade many millions of dollars on most days, GSP has a median daily volume of about $2M, with fairly wide spreads.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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GSP Top 10 Contracts

GSP Summary Data

iPath
06/06/06
Exchange-Traded Note
0.75%
$21.25M
$91.05K
0.22%

GSP Portfolio Data

Futures
Front Month
Annually
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GSP Index Data

S&P GSCI
Production
Liquidity
S&P GSCI

Related ETFs to GSP

GSG, SBV, DBC, USCI, GSC
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

GSP Portfolio Management

0.75%
-0.63%
6.13%
-3.51%

GSP Tax Exposures

20% / 39.6%
--
No

GSP Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
High
None
Bats Book Viewer
TOP OF BOOK
SHARES/SIZEPRICE
ASKS----
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BIDS----
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LAST 10 TRADES
TIMEPRICESHARES
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Bats BZX Real-time Quote - 17:03:04
Daily Spread
Premium/Discount
Volume

GSP Factset Analytics Block Liquidity

As of 10/23/17
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of GSP. GSP is rated a 5 out of 5.

GSP Tradability

6,692
$91.05K
4,397
$60.28K
0.22%
$0.03
-0.08%
2.62% / -0.87%
None
100%
30,000
0.15
0.00%
--
--
$14.03
5

GSP Sector Breakdown

GSPSegment Benchmark
72.35% 71.90%
0.00% 14.95%
11.42% 7.39%
7.06% 2.98%
6.43% 2.78%
2.74% 0.00%

GSP Top 10 Targeted Commodity Weights

26.60%
21.94%
8.48%
6.27%
4.15%
3.24%
2.98%
2.78%
2.62%

GSP Tenor Strategy

GSP invests solely in front-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.

GSP Performance Statistics

1
1.08
1.07
1.09
0%

GSP Rolling Strategy

GSP rolls contracts over an annually pre-determined 5 day period each month.