On the day the S&P GSCI launched, 11 April 1991, the S&P 500 closed at 380 and a barrel of crude oil was worth $21. Over the next thirty years, oil would peak near $146, the S&P 500 would cross 4,000, and the broad commodities market would respond to a rapidly changing world that saw the emergence of BRIC countries, the ebbs and flows of tensions in the Middle East, and a range of other geopolitical forces and natural events that caused sometimes-dramatic shifts in commodity supply and demand. Throughout it all, the S&P GSCI remained a steadfast measure of market changes.

 Made up of the most liquid commodity futures and world-production weighted, the S&P GSCI is a straightforward yet sophisticated measure of commodity beta. Since its inception, it has reliably served as a tool to improve diversification while also offering liquidity and the potential for inflation protection.

The Next 30 Years of Commodity Index Investing

While 30 years is a lifetime in commodities investing, what more can we expect in the next three decades?

Click to read Commodities Index Innovation: The Next 30 Years

Capturing the Past, Present, and Future of Commodities with the S&P GSCI

After three decades of helping investors make more informed decisions and providing index-based access to diversification, liquidity, and inflation protection—what’s next for this index icon?

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S&P GSCI: A 30-Year History

The Essential Podcast:
Building Blocks of the Real Economy

Thirty years is an eternity in market terms, particularly if the market in question is the commodities market. Fiona Boal, Head of Commodities and Real Assets, talks about the 30th anniversary of the S&P GSCI, supercycles, the energy transition, and the idiosyncratic nature of commodities markets in general.

Listen and subscribe to this podcast on Apple Podcasts, Spotify, Google Podcasts, and Deezer.

Research & Insights

  • Understanding Commodities and the S&P GSCI

    Get to know the tools for better understanding and accessing commodities market exposures.

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  • Rethinking Commodities

    Get the big picture on the potential benefits of allocating to commodities.

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  • S&P GSCI Light Energy

    What are the potential risk/return benefits of reducing energy allocations in commodity indices?

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  • Mining for Opportunities with Gold

    Could the range of potential applications for gold be broader than you think?

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  • Performance Overview

    Get the latest data for S&P GSCI sectors and single commodities.

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