3. S&P GSCI Enhanced Commodity Total Return ETN ( GSC) Expense Ratio = 1.25%
Exchange-traded commodity products tend to be on the expensive side, but this product from Goldman Sachs ( GS) is expensive even for natural resource exposure. GSC is linked to the S&P GSCI Enhanced Commodity Total Return Strategy Index, a benchmark that serves as a composite of commodity sector returns representing an unleveraged, long-only investment in a diversified basket of commodity futures. This ETN charges 1.25% in expenses, significantly higher than other diversified commodity products. DJCI ( DJCI), for example, has an expense ratio of just 0.50%.