Top performing · Asset class · ranked by 1-year total return

Top-performing Commodity ETFs

There are 80 US-listed commodity ETFs, with $324.97B in combined net assets.

Over the year to Oct 27, 2026, the best performer among funds with at least $25 million in assets was BNO (+134.6%); the median fund returned +13.7%.

Expense ratios run from 0.09% to 1.71% a year (median 0.72%).

The 10 top performers

Top-performing Commodity ETFs
# Fund 30 daysNet assetsCostYield1 moYTD1 yr3 yr5 yr
1 BNO United States Brent Oil Fund LP $544.2M0.94%—+16.8%+146.0%+134.6%+30.4%+25.7%
2 USO United States Oil Fund LP $1.90B0.7%—+10.5%+137.0%+124.1%+27.9%+23.6%
3 UGA United States Gasoline Fund LP $107.9M1.17%—-1.6%+128.7%+118.7%+29.3%+27.1%
4 DBE Invesco DB Energy Fund $71.5M0.75%1.68%+9.4%+128.7%+117.4%+25.7%+20.4%
5 DBO Invesco DB Oil Fund $215.5M0.75%1.64%+8.4%+115.3%+104.3%+18.9%+14.9%
6 OILK ProShares K-1 Free Crude Oil ETF of Benef Interest $237.8M0.7%15.6%+11.9%+94.6%+85.0%+17.9%+17.8%
7 USL United States 12 Month Oil Fund LP $40.7M0.79%—+12.3%+89.8%+81.5%+16.8%+16.9%
8 PIT VanEck Commodity Strategy ETF $260.2M0.55%5.57%+2.7%+60.2%+65.0%+24.3%—
9 GSG iShares S&P GSCI Commodity-Indexed Trust $1.10B0.75%0%+3.1%+60.4%+59.6%+18.7%+15.7%
10 BDRY Breakwave Dry Bulk Shipping ETF $62.2M0.15%—-18.0%+43.3%+57.7%+35.4%-15.7%

Funds with less than $25 million in net assets and the 15 leveraged or inverse funds are left out of the ranking. Returns are total returns with distributions reinvested (3 and 5 years annualized), as of Oct 27, 2026.

How the top 5 compare

    Growth of each fund’s value from the start of the range, distributions reinvested. The dashed gray line is the S&P 500 (SPY).

    All 80 Commodity ETFs

    Largest first. Click a heading to sort.

    All Commodity ETFs
    Fund IssuerNet assetsCostYieldYTD1 yr5 yr
    GLD SPDR Gold Shares World Gold Trust Services, LLC$130.10B0.4%—-8.7%-1.8%+16.7%
    IAU iShares Gold Trust iShares$60.11B0.25%0%-8.6%-1.6%+16.9%
    SLV iShares Silver Trust iShares$28.21B0.5%0%-29.3%+3.5%+15.9%
    GLDM SPDR Gold MiniShares Trust World Gold Council$27.30B0.1%—-8.6%-1.5%+17.0%
    PHYS Sprott Physical Gold Trust Sprott$10.70B——-7.1%+2.4%+16.7%
    SGOL abrdn Physical Gold Shares ETF abrdn$6.74B0.17%—-5.9%+1.7%+17.5%
    PDBC Invesco Optimum Yield Diversified Commodity Strat… Invesco$6.40B0.59%2.54%+51.5%+53.4%+12.3%
    IAUM iShares Gold Trust Micro ETF of Benef Interest iShares$6.31B0.09%—-5.9%+1.8%+17.6%
    PSLV The Sprott Physical Silver Trust Sprott Asset Management$6.20B——-26.3%+13.7%+15.6%
    SIVR abrdn Physical Silver Shares ETF abrdn$3.95B0.45%—-23.6%+16.1%+17.4%
    HGER Harbor Commodity All-Weather Strategy ETF Harbor$3.67B0.68%4.92%+44.2%+45.6%—
    FTGC First Trust Global Tactical Commodity Strategy Fu… First Trust$2.70B0.98%14.36%+34.4%+37.4%+13.1%
    OUNZ VanEck Merk Gold ETF VanEck$2.54B0.25%—-5.9%+1.6%+17.4%
    GLTR abrdn Physical Precious Metals Basket Shares ETF abrdn$2.46B0.6%—-14.3%+3.7%+14.4%
    AAAU Goldman Sachs Physical Gold ETF Goldman Sachs Asset Management, L.P., a Delaware limited partnership$2.40B0.18%—-5.9%+1.6%+17.5%
    BCI abrdn Bloomberg All Commodity Strategy K-1 Free E… abrdn$2.28B0.26%12.39%+33.1%+37.6%+9.9%
    USO United States Oil Fund LP Marygold$1.90B0.7%—+137.0%+124.1%+23.6%
    PPLT abrdn Physical Platinum Shares ETF abrdn$1.77B0.6%—-25.2%-3.4%+8.2%
    DBC Invesco DB Commodity Index Tracking Fund Invesco$1.42B0.85%2.2%+50.3%+52.2%+12.6%
    BAR GraniteShares Gold Trust GraniteShares LLC$1.33B0.17%—-5.9%+1.7%+17.5%
    AGQ ProShares Ultra Silver Leveraged ProShares$1.27B0.95%—-65.5%-28.1%+7.2%
    GSG iShares S&P GSCI Commodity-Indexed Trust iShares$1.10B0.75%0%+60.4%+59.6%+15.7%
    DBA Invesco DB Agriculture Fund Invesco$1.06B0.85%3.32%+7.4%+8.0%+10.1%
    SCO ProShares UltraShort Bloomberg Crude Oil Inverse ProShares$882.0M0.95%—-79.3%-77.3%-42.7%
    CMDT PIMCO Commodity Strategy Active Exchange-Traded F… AllianzIM$750.6M0.65%12.14%+27.6%+28.2%—

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