# OUNZ (VanEck Merk Gold ETF)

VanEck · Commodity ETFs · Single commodity or commodity sector · data as of Oct 2, 2026

OUNZ holds gold and returned +7.3% over the past year.

## Key facts

- OUNZ, total return, 1 year: +7.3%, as of Oct 2, 2026.
- OUNZ, expense ratio: 0.25%, as of Oct 2, 2026.
- OUNZ, below its high: −23.2%, as of Oct 2, 2026.
- OUNZ, net assets: $2.5bn (10-Q balance sheet, as of Jul 31, 2026).

## OUNZ over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | +0.6% | +3.6% | −3.0 pts | −4.7 pts |
| 6 months | −11.4% | +17.9% | −29.3 pts | −39.8 pts |
| 1 year | +7.3% | +16.2% | −8.9 pts | −17.0 pts |
| 3 years | +125.7% | +89.3% | +36.4 pts | +10.9 pts |
| Since listing | +208.0% | +404.6% | −196.7 pts | −633.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it holds | Gold | ETFIQ |
| Fund type | Commodity fund | ETFIQ |
| Category | Commodities · Single commodity or commodity sector | ETFIQ |
| Expense ratio | 0.25% | 10-Q, Sep 8, 2026 |
| Price | $39.85 | ETFIQ |
| Listed since | May 16, 2014 | ETFIQ |
| Net assets | $2.5bn | 10-Q balance sheet, as of Jul 31, 2026 |
| Below its high | −23.2% | ETFIQ |

## Questions

### How has OUNZ performed?

Over the year to Oct 2, 2026, OUNZ returned +7.3% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is +125.7%.

### What does OUNZ cost?

The prospectus expense ratio is 0.25% a year.

### How far is OUNZ below its high?

23.2% below its high of Jan 29, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, OUNZ, data as of Oct 2, 2026. https://etfiq.com/funds/ounz
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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