DEFINITION of 'Goldman Sachs Commodity Index - GSCI'

A composite index of commodity sector returns which represents a broadly diversified, unleveraged, long-only position in commodity futures.

BREAKING DOWN 'Goldman Sachs Commodity Index - GSCI'

Similar to the Standard & Poor's 500 index, the Goldman Sachs Commodity Index (GSCI) provides a reliable and publicly accessible investment performance benchmark. The index's components qualify for inclusion in the index based on liquidity measures and are weighted in relation to their global production levels - a characteristic which helps make the GSCI valuable as both an economic indicator and a commodities market benchmark.

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RELATED FAQS
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    While you cannot buy indexes, which are just benchmarks, there are three ways for you to mirror their performance. Read Answer >>
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    Learn how mutual funds invest in stock options and futures to benefit from commodities price swings and hedge their portfolio ... Read Answer >>
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    Explore some of the major benchmark equity indexes worldwide that analysts and investors use to track the performance of ... Read Answer >>
  4. How Do I Find Mutual Funds That Track Indexes?

    Two good sources for finding index funds are Fidelity Investments and Vanguard. Read Answer >>
  5. What should I use as a benchmark for my small-cap stock portfolio?

    The Russell 2000 and S&P SmallCap 600 are two of the best indexes to use as a benchmark for small-cap performance. Read Answer >>
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