Performance analysis of OUNZ (VanEck Merk Gold Trust)
Annual Return
Over the past 3 years, OUNZ has had an average annual return of +27.41%, outperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, OUNZ has had an average annual return of +17.45%, outperforming the benchmark SPY, which returned +12.73% annual.
Over the past 10 years, OUNZ has had an average annual return of +11.59%, underperforming the benchmark SPY, which returned +15.04% annual.
Since May 16, 2014, OUNZ has had an average annual return of +9.54%, underperforming the benchmark SPY, which returned +13.92% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -5.33% | +63.95% | +26.76% | +12.83% | -0.50% | -4.00% | +24.71% | +17.99% | -2.05% | +12.82% | +8.27% | -10.92% |
| 2014 | |||||||||||
| -8.73% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +12.42% | +8.62% | -11.05% | -1.47% | -1.55% | -11.69% | +1.76% | -5.33% | |||||
| 2025 | +6.91% | +1.77% | +9.48% | +5.38% | +0% | +0.41% | -0.60% | +4.95% | +11.78% | +3.58% | +5.43% | +2.14% | +63.95% |
| 2024 | -1.40% | +0.45% | +8.65% | +3.07% | +1.62% | -0.18% | +5.39% | +2.12% | +5.04% | +4.37% | -3.10% | -1.48% | +26.76% |
| 2023 | +5.65% | -5.30% | +7.90% | +0.95% | -1.38% | -2.18% | +2.26% | -1.27% | -4.74% | +7.41% | +2.53% | +1.32% | +12.83% |
| 2022 | -1.57% | +6.06% | +1.46% | -2.18% | -3.26% | -1.63% | -2.51% | -2.89% | -2.81% | -1.80% | +8.33% | +3.09% | -0.50% |
| 2021 | -3.07% | -6.24% | -1.18% | +3.55% | +7.66% | -7.12% | +2.49% | -0% | -3.17% | +1.41% | -0.58% | +3.19% | -4.00% |
| 2020 | +4.51% | -0.64% | -0.20% | +7.15% | +2.49% | +2.84% | +10.94% | -0.37% | -4.26% | -0.38% | -5.46% | +6.93% | +24.71% |
| 2019 | +2.82% | -0.46% | -1.64% | -0.66% | +1.71% | +7.97% | +0.07% | +7.88% | -3.35% | +2.52% | -3.07% | +3.63% | +17.99% |
| 2018 | +3.27% | -2.18% | +0.53% | -0.83% | -1.16% | -3.77% | -2.09% | -2.23% | -0.60% | +1.97% | +0.42% | +4.96% | -2.05% |
| 2017 | +5.27% | +3.25% | -0.40% | +1.62% | +0.32% | -2.47% | +2.21% | +4.23% | -3.30% | -0.79% | +0.24% | +2.31% | +12.82% |
Drawdown analysis of OUNZ (VanEck Merk Gold Trust)
The maximum drawdown for the OUNZ was -26.30%, occurring on Jul 16, 2026. This drawdown has not yet recovered.
The current OUNZ drawdown is -24.32%.
Since May 16, 2014 OUNZ has experienced the following drawdowns:
- 20% or more: 3 times
- 10% or more: 6 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.30% | Jan 29, 2026 | 115 | Jul 16, 2026 | Ongoing | Ongoing | Ongoing |
| -21.77% | Jul 11, 2014 | 363 | Dec 17, 2015 | 136 | Jul 5, 2016 | 499 |
| -21.75% | Aug 6, 2020 | 538 | Sep 26, 2022 | 359 | Mar 1, 2024 | 897 |
| -17.58% | Jul 8, 2016 | 112 | Dec 15, 2016 | 630 | Jun 20, 2019 | 742 |
| -12.51% | Mar 9, 2020 | 8 | Mar 19, 2020 | 15 | Apr 9, 2020 | 23 |
| -10.10% | Oct 20, 2025 | 11 | Nov 4, 2025 | 33 | Dec 22, 2025 | 44 |
| -8.10% | Oct 30, 2024 | 12 | Nov 15, 2024 | 49 | Jan 30, 2025 | 61 |
| -7.12% | Apr 21, 2025 | 17 | May 14, 2025 | 21 | Jun 13, 2025 | 38 |
| -6.57% | Sep 4, 2019 | 60 | Nov 27, 2019 | 25 | Jan 6, 2020 | 85 |
| -5.75% | May 20, 2024 | 13 | Jun 7, 2024 | 25 | Jul 16, 2024 | 38 |
| -4.93% | Dec 26, 2025 | 3 | Dec 31, 2025 | 7 | Jan 12, 2026 | 10 |
| -4.91% | Feb 24, 2020 | 4 | Feb 28, 2020 | 4 | Mar 5, 2020 | 8 |
| -4.84% | Mar 31, 2025 | 5 | Apr 7, 2025 | 3 | Apr 10, 2025 | 8 |
| -4.84% | Jun 13, 2025 | 31 | Jul 30, 2025 | 22 | Aug 29, 2025 | 53 |
| -4.38% | Jul 16, 2024 | 7 | Jul 25, 2024 | 12 | Aug 12, 2024 | 19 |
| -4.19% | Apr 16, 2024 | 10 | Apr 30, 2024 | 13 | May 17, 2024 | 23 |
| -4.03% | May 20, 2020 | 11 | Jun 5, 2020 | 11 | Jun 22, 2020 | 22 |
| -4.02% | May 19, 2014 | 9 | Jun 2, 2014 | 13 | Jun 19, 2014 | 22 |
| -3.30% | Feb 24, 2025 | 4 | Feb 28, 2025 | 9 | Mar 13, 2025 | 13 |
| -2.73% | Jun 25, 2019 | 4 | Jul 1, 2019 | 11 | Jul 17, 2019 | 15 |
| -2.66% | Apr 23, 2020 | 5 | Apr 30, 2020 | 11 | May 15, 2020 | 16 |
| -2.55% | Apr 14, 2020 | 5 | Apr 21, 2020 | 2 | Apr 23, 2020 | 7 |
| -2.40% | Sep 26, 2024 | 9 | Oct 9, 2024 | 5 | Oct 16, 2024 | 14 |
| -2.33% | Jul 18, 2019 | 9 | Jul 31, 2019 | 3 | Aug 5, 2019 | 12 |
| -2.06% | Jan 31, 2020 | 2 | Feb 4, 2020 | 9 | Feb 18, 2020 | 11 |