VanEck Merk Gold Trust (OUNZ)
OUNZ is a passive ETF by Merk tracking the investment results of the LBMA Gold Price PM ($/ozt). OUNZ launched on May 16, 2014 and has a 0.25% expense ratio.
ETF Info
US9210781012
921078101
May 16, 2014
1x
LBMA Gold Price PM ($/ozt)
Expense Ratio
OUNZ has an expense ratio of 0.25%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VanEck Merk Gold Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck Merk Gold Trust had a return of 25.35% year-to-date (YTD) and 26.81% in the last 12 months. Over the past 10 years, VanEck Merk Gold Trust had an annualized return of 7.70%, while the S&P 500 had an annualized return of 11.01%, indicating that VanEck Merk Gold Trust did not perform as well as the benchmark.
OUNZ
25.35%
-0.71%
11.20%
26.81%
11.64%
7.70%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of OUNZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.40% | 0.46% | 8.65% | 3.07% | 1.63% | -0.18% | 5.39% | 2.11% | 5.05% | 4.37% | -3.09% | 25.35% | |
| 2023 | 5.65% | -5.30% | 7.91% | 0.94% | -1.37% | -2.18% | 2.26% | -1.26% | -4.74% | 7.41% | 2.52% | 1.32% | 12.83% |
| 2022 | -1.57% | 6.06% | 1.45% | -2.18% | -3.26% | -1.63% | -2.51% | -2.89% | -2.81% | -1.80% | 8.33% | 3.09% | -0.51% |
| 2021 | -3.08% | -6.24% | -1.19% | 3.55% | 7.67% | -7.12% | 2.50% | -0.00% | -3.17% | 1.40% | -0.58% | 3.19% | -4.00% |
| 2020 | 4.51% | -0.64% | -0.19% | 7.15% | 2.49% | 2.84% | 10.93% | -0.36% | -4.27% | -0.38% | -5.46% | 6.93% | 24.71% |
| 2019 | 2.82% | -0.46% | -1.63% | -0.67% | 1.71% | 7.97% | 0.07% | 7.88% | -3.35% | 2.52% | -3.07% | 3.63% | 18.00% |
| 2018 | 3.27% | -2.19% | 0.53% | -0.84% | -1.16% | -3.77% | -2.09% | -2.24% | -0.59% | 1.96% | 0.42% | 4.96% | -2.06% |
| 2017 | 5.27% | 3.25% | -0.40% | 1.62% | 0.32% | -2.47% | 2.20% | 4.23% | -3.29% | -0.79% | 0.24% | 2.31% | 12.82% |
| 2016 | 5.51% | 11.00% | -0.82% | 5.07% | -5.92% | 8.66% | 2.24% | -3.43% | 0.69% | -2.99% | -8.29% | -1.89% | 8.27% |
| 2015 | 8.30% | -5.55% | -2.39% | 0.08% | 0.55% | -1.56% | -6.68% | 3.67% | -1.83% | 2.31% | -6.61% | -0.75% | -10.92% |
| 2014 | -3.40% | 6.06% | -3.15% | 0.16% | -6.07% | -3.11% | -0.41% | 1.32% | -8.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 75, OUNZ is among the top 25% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Merk Gold Trust (OUNZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Merk Gold Trust. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Merk Gold Trust was 21.77%, occurring on Dec 17, 2015. Recovery took 136 trading sessions.
The current VanEck Merk Gold Trust drawdown is 6.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.77% | Jul 14, 2014 | 363 | Dec 17, 2015 | 136 | Jul 5, 2016 | 499 |
| -21.76% | Aug 7, 2020 | 538 | Sep 26, 2022 | 359 | Mar 1, 2024 | 897 |
| -17.58% | Jul 11, 2016 | 112 | Dec 15, 2016 | 630 | Jun 20, 2019 | 742 |
| -12.51% | Mar 10, 2020 | 8 | Mar 19, 2020 | 15 | Apr 9, 2020 | 23 |
| -8.1% | Oct 31, 2024 | 12 | Nov 15, 2024 | — | — | — |
Volatility
Volatility Chart
The current VanEck Merk Gold Trust volatility is 5.17%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.