VanEck Merk Gold Trust (OUNZ)

19.88
BATS BZX Real-Time Price
As of 10:12am ET
 -0.25 / -1.24%
Today’s Change
14.13
Today|||52-Week Range
20.20
+33.87%
Year-to-Date

Investment Objective

The investment seeks to provide investors with an opportunity to invest in gold through the shares and be able to take delivery of physical gold in exchange for those shares. The Trust's secondary objective is for the shares to reflect the performance of the price of gold less the expenses of the Trust's operations. Each share represents a fractional undivided beneficial interest in the Trust's net assets. The Trust's assets consist principally of gold held on the Trust's behalf in financial institutions for safekeeping.

Gold Rallying To All-Time Highs On $1+ Trillion In New Handouts
Aug 01 / Seeking Alpha - Paid Partner Content
Gold Has More Room To Grow As The Fed Could Provide More Stimulus
Jul 30 / Seeking Alpha - Paid Partner Content
Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
Jul 31 / Seeking Alpha - Paid Partner Content
Gold - The Currency Of Last Resort
Jul 30 / Seeking Alpha - Paid Partner Content
Gold Becomes An Alternative Currency To The U.S. Dollar
Jul 30 / Seeking Alpha - Paid Partner Content
Silver Is The Comeback Kid
Jul 30 / Seeking Alpha - Paid Partner Content

Performance

1 month+15.22% 3 years+17.19%
3 months+20.43% 5 years+13.10%
1 year+39.23% Since inception+7.26%
Data through 08/06/2020

Quote Details

Previous close$20.13
Open day’s range19.80 – 19.95
Net asset value (NAV)19.98 (08/05/2020)
Daily volume307,142
Average volume (3 months)255,308
Data as of 10:12am ET, 08/07/2020

Peer Comparisonvs. Commodities focused ETFs

 OUNZCategory
Performance 5-yr return+13.10%-3.73%
Expense Gross exp ratio0.25%1.77%
Risk 5 year sharpe ratio0.820.11
Net assets$369.6M$83.8M
Average market cap----
Average P/E----
Dividend / Share--1.49%

Competitors

SIVR Aberdeen Standard Physical Silver Shares...
USV UBS ETRACS CMCI Silver Total Return ETN
SGOL Aberdeen Standard Gold ETF Trust

Holdings

Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.