VanEck Merk Gold ETFVanEck Merk Gold ETFVanEck Merk Gold ETF

VanEck Merk Gold ETF

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Key stats


Assets under management (AUM)
‪1.71 B‬USD
Fund flows (1Y)
‪278.69 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−0.007%
Shares outstanding
‪52.84 M‬
Expense ratio
0.25%

About VanEck Merk Gold ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
Inception date
May 16, 2014
Structure
Grantor Trust
Index tracked
LBMA Gold Price PM ($/ozt)
Replication method
Physical
Management style
Passive
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Distributor
Foreside Fund Services LLC
OUNZ, unlike other gold funds that hold physical bullion, the fund allows individual investors to redeem shares in exchange for 1 ounce coins. Like most gold funds, OUNZ should hew closely to the price of gold, lagging only by its fee, making it an excellent way to get exposure to the price of gold. OUNZ's NAV is set by the London PM fix, so apparent premiums and discounts may simply reflect a stale NAV. While the ability to redeem for actual gold is unique, it's important to note that large minimum fees do make it impractical to redeem smaller quantities. While long-term gains are taxable at the 28% rate, redeeming shares for gold is not a taxable event until the coins or bars are sold. Prior to Aug. 30, 2024, the fund was called VanEck Merk Gold Trust.

Classification


Asset Class
Commodities
Category
Precious metals
Focus
Gold
Niche
Physically held
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to OUNZ via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
OUNZ trades at 31.92 USD today, its price has fallen −0.52% in the past 24 hours. Track more dynamics on OUNZ price chart.
OUNZ net asset value is 32.35 today — it's risen 3.80% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
OUNZ assets under management is ‪1.71 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
OUNZ price has fallen by −1.28% over the last month, and its yearly performance shows a 39.94% increase. See more dynamics on OUNZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.80% over the last month, showed a 15.33% increase in three-month performance and has increased by 43.87% in a year.
OUNZ fund flows account for ‪278.69 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
OUNZ expense ratio is 0.25%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, OUNZ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, OUNZ technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating OUNZ shows the buy signal. See more of OUNZ technicals for a more comprehensive analysis.
No, OUNZ doesn't pay dividends to its holders.
OUNZ trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
OUNZ shares are issued by Van Eck Associates Corp.
OUNZ follows the LBMA Gold Price PM ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 16, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.