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OUNZ vs. SGOL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OUNZ and SGOL is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.0

Performance

OUNZ vs. SGOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Merk Gold Trust (OUNZ) and Aberdeen Standard Physical Gold Shares ETF (SGOL). The values are adjusted to include any dividend payments, if applicable.

90.00%100.00%110.00%120.00%130.00%140.00%150.00%160.00%NovemberDecember2025FebruaryMarchApril
146.21%
148.44%
OUNZ
SGOL

Key characteristics

Sharpe Ratio

OUNZ:

2.51

SGOL:

2.52

Sortino Ratio

OUNZ:

3.34

SGOL:

3.34

Omega Ratio

OUNZ:

1.43

SGOL:

1.43

Calmar Ratio

OUNZ:

5.17

SGOL:

5.17

Martin Ratio

OUNZ:

14.16

SGOL:

14.20

Ulcer Index

OUNZ:

2.96%

SGOL:

2.96%

Daily Std Dev

OUNZ:

16.73%

SGOL:

16.69%

Max Drawdown

OUNZ:

-21.77%

SGOL:

-45.51%

Current Drawdown

OUNZ:

-3.45%

SGOL:

-3.49%

Returns By Period

The year-to-date returns for both stocks are quite close, with OUNZ having a 25.93% return and SGOL slightly lower at 25.83%. Both investments have delivered pretty close results over the past 10 years, with OUNZ having a 10.29% annualized return and SGOL not far ahead at 10.37%.


OUNZ

YTD

25.93%

1M

8.04%

6M

20.32%

1Y

40.85%

5Y*

13.71%

10Y*

10.29%

SGOL

YTD

25.83%

1M

8.02%

6M

20.35%

1Y

40.90%

5Y*

13.81%

10Y*

10.37%

*Annualized

Compare stocks, funds, or ETFs

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OUNZ vs. SGOL - Expense Ratio Comparison

OUNZ has a 0.25% expense ratio, which is higher than SGOL's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for OUNZ: current value is 0.25%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
OUNZ: 0.25%
Expense ratio chart for SGOL: current value is 0.17%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SGOL: 0.17%

Risk-Adjusted Performance

OUNZ vs. SGOL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OUNZ
The Risk-Adjusted Performance Rank of OUNZ is 9696
Overall Rank
The Sharpe Ratio Rank of OUNZ is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of OUNZ is 9696
Sortino Ratio Rank
The Omega Ratio Rank of OUNZ is 9595
Omega Ratio Rank
The Calmar Ratio Rank of OUNZ is 9797
Calmar Ratio Rank
The Martin Ratio Rank of OUNZ is 9696
Martin Ratio Rank

SGOL
The Risk-Adjusted Performance Rank of SGOL is 9696
Overall Rank
The Sharpe Ratio Rank of SGOL is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of SGOL is 9696
Sortino Ratio Rank
The Omega Ratio Rank of SGOL is 9595
Omega Ratio Rank
The Calmar Ratio Rank of SGOL is 9797
Calmar Ratio Rank
The Martin Ratio Rank of SGOL is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OUNZ vs. SGOL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Merk Gold Trust (OUNZ) and Aberdeen Standard Physical Gold Shares ETF (SGOL). 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.


The chart of Sharpe ratio for OUNZ, currently valued at 2.51, compared to the broader market-1.000.001.002.003.004.00
OUNZ: 2.51
SGOL: 2.52
The chart of Sortino ratio for OUNZ, currently valued at 3.34, compared to the broader market-2.000.002.004.006.008.00
OUNZ: 3.34
SGOL: 3.34
The chart of Omega ratio for OUNZ, currently valued at 1.43, compared to the broader market0.501.001.502.002.50
OUNZ: 1.43
SGOL: 1.43
The chart of Calmar ratio for OUNZ, currently valued at 5.17, compared to the broader market0.002.004.006.008.0010.0012.00
OUNZ: 5.17
SGOL: 5.17
The chart of Martin ratio for OUNZ, currently valued at 14.16, compared to the broader market0.0020.0040.0060.00
OUNZ: 14.16
SGOL: 14.20

The current OUNZ Sharpe Ratio is 2.51, which is comparable to the SGOL Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of OUNZ and SGOL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.802.002.202.402.602.803.00NovemberDecember2025FebruaryMarchApril
2.51
2.52
OUNZ
SGOL

Dividends

OUNZ vs. SGOL - Dividend Comparison

Neither OUNZ nor SGOL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

OUNZ vs. SGOL - Drawdown Comparison

The maximum OUNZ drawdown since its inception was -21.77%, smaller than the maximum SGOL drawdown of -45.51%. Use the drawdown chart below to compare losses from any high point for OUNZ and SGOL. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-3.45%
-3.49%
OUNZ
SGOL

Volatility

OUNZ vs. SGOL - Volatility Comparison

VanEck Merk Gold Trust (OUNZ) and Aberdeen Standard Physical Gold Shares ETF (SGOL) have volatilities of 8.24% and 8.20%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%NovemberDecember2025FebruaryMarchApril
8.24%
8.20%
OUNZ
SGOL