DV
Dividend Vision

OUNZ — VanEck Merk Gold Trust

VanEck Merk Gold Trust (OUNZ)

OUNZ pays a 0.00% distribution rate, on a 0.25% expense ratio. Total return is 225.1% over the past 12.2 years, 182.2 points behind SPY at 407.3%. Its deepest 1-year drawdown was 26.3%.

VanEck Merk Gold Trust is an ETF that provides exposure to physical gold, with the ability to exchange shares for actual gold bullion held in safekeeping by financial institutions. The fund aims to track the price of gold minus its operating expenses and does not make distributions to shareholders. With an expense ratio of 0.25%, it appeals to investors seeking direct commodity exposure to gold as a portfolio diversifier or inflation hedge.

OUNZ key facts

Issuer
VanEck
Asset type
ETF
Asset class
Commodity
Inception date
05/16/2014
Expense ratio
0.25%
Distribution rate
0.00%
Last close
$42.07
AUM
$2,757,104,434
Average volume
353800.0
Beta
0.31