VanEck Merk Gold Trust (OUNZ)
OUNZ is a passive ETF by Merk tracking the investment results of the LBMA Gold Price PM ($/ozt). OUNZ launched on May 16, 2014 and has a 0.25% expense ratio.
ETF Info
| ISIN | US9210781012 |
|---|---|
| CUSIP | 921078101 |
| Issuer | Merk |
| Inception Date | May 16, 2014 |
| Category | Precious Metals, Gold |
| Index Tracked | LBMA Gold Price PM ($/ozt) |
| Asset Class | Commodity |
Expense Ratio
The VanEck Merk Gold Trust has a high expense ratio of 0.25%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: OUNZ vs. GLD, OUNZ vs. IAUF, OUNZ vs. GLDM, OUNZ vs. IAU, OUNZ vs. SGOL, OUNZ vs. IAUM, OUNZ vs. SCHD, OUNZ vs. VOO, OUNZ vs. SCHG, OUNZ vs. GDX
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 15.78% year-to-date (YTD) and 19.46% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 15.78% | 5.90% |
| 1 month | 10.79% | -1.28% |
| 6 months | 24.18% | 15.51% |
| 1 year | 19.46% | 21.68% |
| 5 years (annualized) | 13.12% | 11.74% |
| 10 years (annualized) | N/A | 10.50% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.40% | 0.46% | 8.65% | |||||||||
| 2023 | -4.74% | 7.41% | 2.52% | 1.32% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
VanEck Merk Gold Trust(OUNZ)
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.
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.
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 |
| -6.57% | Sep 5, 2019 | 60 | Nov 27, 2019 | 25 | Jan 6, 2020 | 85 |
Volatility
Volatility Chart
The current VanEck Merk Gold Trust volatility is 4.10%, 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.