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Upturn AI SWOT - About
VanEck Merk Gold Trust (OUNZ)
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Upturn Advisory Summary
08/14/2025: OUNZ (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit 38.18% | Avg. Invested days 85 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta 0.31 | 52 Weeks Range 22.41 - 33.23 | Updated Date 06/29/2025 |
52 Weeks Range 22.41 - 33.23 | Updated Date 06/29/2025 |
Upturn AI SWOT
VanEck Merk Gold Trust
ETF Overview
Overview
The VanEck Merk Gold Trust (OUNZ) seeks to provide investors with exposure to the price of gold, less the expenses of the Trust's operations. It is a physically-backed gold ETF, meaning it holds gold bullion in vaults.
Reputation and Reliability
VanEck is a reputable asset manager with a long history of offering ETFs. They are known for their expertise in commodity and international investments.
Management Expertise
VanEck has experienced portfolio managers and a strong team dedicated to managing commodity ETFs, providing investors with confidence in the fund's operational management.
Investment Objective
Goal
To reflect the performance of the price of gold, less the expenses of the Trust's operations.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the price of gold by holding physical gold bullion.
Composition The ETF holds physical gold bullion stored in London vaults.
Market Position
Market Share: OUNZ has a smaller market share compared to larger, more established gold ETFs.
Total Net Assets (AUM): 1312000000
Competitors
Key Competitors
- GLD
- IAU
- BAR
Competitive Landscape
The gold ETF market is dominated by GLD and IAU. OUNZ differentiates itself with its potential for physical gold redemption, but faces challenges in gaining market share due to lower liquidity and higher expense ratios compared to its competitors. The fund's gold redemption feature offers a competitive advantage, but it must overcome the cost disadvantage.
Financial Performance
Historical Performance: The ETF's historical performance closely mirrors the price of gold. It is important to consider the expense ratio when evaluating performance.
Benchmark Comparison: The ETF's performance closely tracks the LBMA Gold Price PM, but will underperform slightly due to the expense ratio.
Expense Ratio: 0.25
Liquidity
Average Trading Volume
OUNZ has a moderate average trading volume, which may result in slightly wider bid-ask spreads than more liquid gold ETFs.
Bid-Ask Spread
OUNZ exhibits a moderate bid-ask spread, suggesting that trading may incur slightly higher transaction costs compared to highly liquid peers.
Market Dynamics
Market Environment Factors
The ETF's performance is influenced by factors affecting gold prices, including inflation, interest rates, geopolitical events, and currency fluctuations.
Growth Trajectory
The growth trajectory of OUNZ is closely tied to investor sentiment towards gold as a safe-haven asset and its use as a hedge against inflation. Changes in investor preferences influence the ETF's demand and holdings.
Moat and Competitive Advantages
Competitive Edge
OUNZ's main advantage is its potential for physical gold redemption, allowing investors to take delivery of physical gold bullion under certain conditions. This feature distinguishes it from other gold ETFs. It provides flexibility for investors seeking direct ownership. However, this redemption feature is complex and subject to minimum redemption amounts and associated costs.
Risk Analysis
Volatility
The ETF's volatility is similar to that of gold prices, which can fluctuate depending on macroeconomic conditions and investor sentiment.
Market Risk
The primary market risk is the price volatility of gold, which is influenced by factors like inflation, interest rates, geopolitical events, and currency movements.
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking exposure to gold as a hedge against inflation, currency devaluation, or economic uncertainty, and who values the option of physical gold redemption.
Market Risk
OUNZ may be suitable for long-term investors seeking diversification and a hedge against market volatility, and who understand the risks associated with gold investing.
Summary
VanEck Merk Gold Trust (OUNZ) offers exposure to gold prices through physical gold holdings. Its key feature is the potential for physical gold redemption. The fund's performance mirrors the price of gold, less expenses, and is subject to market risks affecting gold prices. It is best suited for investors seeking a gold hedge and the potential for physical delivery.
Peer Comparison
Sources and Disclaimers
Data Sources:
- VanEck
- ETF.com
- Morningstar
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investing in ETFs involves risk, including the potential loss of principal. Consult with a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck Merk Gold Trust
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
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.
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