S&P Launches Equal-Weighted Version of Its S&P GSCI

The S&P GSCI Equal Weight Select Index divides the S&P GSCI into six commodity groups from which the largest and most liquid commodities are selected to help ensure diversification and reduce concentration risk. The six groups include: agriculture–grains and oilseeds; agriculture–softs; energy; industrial metals; livestock; and precious metals.

“The S&P GSCI Equal Weight Select Index is a natural extension of our widely followed S&P GSCI Index, providing a different dynamic by measuring the performance of only the largest and most liquid commodities within the S&P GSCI equally,” said Michael McGlone, director of commodity indexing at S&P Indices, in a statement. “The development of the index was based on investor and client demand for a version of the S&P GSCI that provided more equal weighting among the main commodities.”

For complete eligibility criteria, as well as index calculation guidelines, visit www.spgsci.standardandpoors.com.