MOTG vs. OUNZ
Compare and contrast key facts about VanEck Morningstar Global Wide Moat ETF (MOTG) and VanEck Merk Gold Trust (OUNZ).
MOTG and OUNZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MOTG is a passively managed fund by VanEck that tracks the performance of the Morningstar Global Wide Moat Focus Index. It was launched on Oct 30, 2018. OUNZ is a passively managed fund by Merk that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on May 16, 2014. Both MOTG and OUNZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MOTG or OUNZ.
Key characteristics
| MOTG | OUNZ | |
|---|---|---|
| YTD Return | 13.30% | 24.90% |
| 1Y Return | 21.77% | 34.03% |
| 3Y Return (Ann) | 4.10% | 13.58% |
| 5Y Return (Ann) | 9.97% | 11.33% |
| Sharpe Ratio | 1.67 | 2.44 |
| Daily Std Dev | 12.49% | 14.32% |
| Max Drawdown | -31.82% | -21.77% |
| Current Drawdown | 0.00% | -0.04% |
Correlation
The correlation between MOTG and OUNZ is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MOTG vs. OUNZ - Performance Comparison
In the year-to-date period, MOTG achieves a 13.30% return, which is significantly lower than OUNZ's 24.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MOTG vs. OUNZ - Expense Ratio Comparison
MOTG has a 0.52% expense ratio, which is higher than OUNZ's 0.25% expense ratio.
Risk-Adjusted Performance
MOTG vs. OUNZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Global Wide Moat ETF (MOTG) and VanEck Merk Gold Trust (OUNZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
MOTG vs. OUNZ - Dividend Comparison
MOTG's dividend yield for the trailing twelve months is around 1.64%, while OUNZ has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
MOTG VanEck Morningstar Global Wide Moat ETF | 1.64% | 1.86% | 3.64% | 5.88% | 2.96% | 2.35% | 0.45% |
OUNZ VanEck Merk Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MOTG vs. OUNZ - Drawdown Comparison
The maximum MOTG drawdown since its inception was -31.82%, which is greater than OUNZ's maximum drawdown of -21.77%. Use the drawdown chart below to compare losses from any high point for MOTG and OUNZ. For additional features, visit the drawdowns tool.
Volatility
MOTG vs. OUNZ - Volatility Comparison
The current volatility for VanEck Morningstar Global Wide Moat ETF (MOTG) is 3.28%, while VanEck Merk Gold Trust (OUNZ) has a volatility of 3.83%. This indicates that MOTG experiences smaller price fluctuations and is considered to be less risky than OUNZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.