GSP

iPath S&P GSCI Total Return Index ETN
*Unless otherwise stated, data provided by FactSet.

GSP Fund Description

GSP tracks a broad index of commodities futures contracts weighted according to global production. The fund uses front-month futures contracts.

GSP Factset Analytics Insight

GSP is a plain vanilla approach to broad commodities in an ETN wrapper. The fund uses front-month futures contracts for exposure to its target commodities, making it especially sensitive to the forces of contango. Eligible contracts must meet adequate liquidity, be traded on trading facilities in member countries of the Organization for Economic Cooperation and Development (OECD), and must be denominated in USD. GSP’s ETN wrapper means it's backed by Barclays Bank PLC’s credit, not actual futures as in a commodity pool. Investors will get a 1099 at tax time, not a K-1.

PERFORMANCE [as of 06/11/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
GSP 3.52% 12.49% 39.02% 73.29% -3.31% 0.59% -8.38%
GSP (NAV) 2.90% 10.64% 38.73% 83.38% -3.20% 0.60% -8.39%
S&P GSCI 2.44% 8.82% 30.43% 61.52% -2.11% 1.15% -7.00%
S&P GSCI 2.44% 8.82% 30.43% 61.52% -2.11% 1.15% -7.00%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

GSP Summary Data

iPath
06/06/06
Exchange-Traded Note
0.75%
$20.38M
$191.12K
0.45%
GSG, RJI

GSP Portfolio Data

Futures
Front Month
Annually
0

GSP Index Data

S&P GSCI
Production
Liquidity
S&P GSCI

GSP Portfolio Management

0.75%
-5.64%
46.97%
-7.94%

GSP Tax Exposures

20.00% / 39.60%
--
No

GSP Fund Structure

Exchange-Traded Note
No
N/A
Barclays Bank PLC
Low
High
None

GSP Factset Analytics Block Liquidity

As of 06/14/21
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

13,224
$191.12K
5,135
$75.73K
0.45%
$0.06
-0.13%
1.10% / -1.36%
None
100.00%
30,000
0.17
0.00%
--
1
$15.32
5

GSP Sector Breakdown


GSP
Segment Benchmark
55.47%
55.47%
19.22%
19.22%
10.49%
10.49%
9.67%
9.67%
5.16%
5.16%

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 Rolling Strategy

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

GSP Performance Statistics

1.00
1.30
1.07
1.09
0.00%