S&P Dow Jones Indices today announced the composition and weights for the 2015 S&P GSCI. For 2015, Brent Crude Oil, traded on the Intercontinental Exchange, will hold the largest weight within the S&P GSCI overtaking WTI Crude Oil, traded on CME Group.
The S&P GSCI is a world production-weighted commodity index which, in 2015, will be composed of 24 exchange-traded futures contracts on physical commodities across five sectors including: energy, industrial metals, precious metals, agricultural and livestock. There will be no new contracts added to or removed from the S&P GSCI for 2015.
The weights of the 2014 S&P GSCI along with the 2015 target weights is provided in the tables below. The 2015 weights become effective with the January 2015 roll period, beginning on January 8, 2015. Please refer to the attached spreadsheet for the 2015 Contract Production Weights (CPW’s) and their respective target weights.
The Contract Production Weights (CPW’s) are calculated based on a five-year average of world production, and trading volume from September of the previous year to August of the current year.
