Year-to-date, the S&P GSCI has registered a total return of 5.95%, led by strength in the Energy and Agriculture sectors. Sparked by price increases in unleaded gas and crude oil, the S&P GSCI Energy Index increased 25.44% on the month for a year-to-date gain of 4.38%. The S&P GSCI Agriculture Index was the second best sector performer in May increasing 12.37% during the month for a year-to-date gain of 8.18%.
The metals also performed well in May as indicated by the 11.41% increase in the S&P GSCI Precious Metals Index. Year-to-date, metals are up 12.71%. The S&P GSCI Industrial Metals Index increased a more modest 5.82% on the month; however, the S&P GSCI Industrial Metals Index has been the strongest year-to-date sector performer with a gain of 22.23% led by the 55.72% increase in the S&P GSCI Copper Index.