Vaneck Merk Gold Etf Profile
| OUNZ Etf | USD 25.68 0.23 0.90% |
Performance8 of 100
| Odds Of DistressLess than 9
|
VanEck Merk is trading at 25.68 as of the 30th of November 2024; that is 0.90 percent up since the beginning of the trading day. The etf's open price was 25.45. VanEck Merk has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for VanEck Merk Gold are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
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. Vaneck Merk is traded on NYSEArca Exchange in the United States. More on VanEck Merk Gold
Moving together with VanEck Etf
VanEck Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Precious Metals ETFs, Gold ETFs, Commodities Focused, Merk Funds (View all Sectors) |
| Issuer | Merk Investments |
| Inception Date | 2014-05-06 |
| Benchmark | LBMA Gold Price PM USD |
| Entity Type | Grantor Trust |
| Average Trading Valume | 900,557.7 |
| Asset Type | Commodities |
| Category | Precious Metals |
| Focus | Gold |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | Merk Investments LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | The Bank of New York Mellon Corporation |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Trustee | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Virtu Financial |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 28.66 |
| Name | VanEck Merk Gold Trust |
| Currency Code | USD |
| Open Figi | BBG002WYN8V8 |
| In Threey Volatility | 13.14 |
| 1y Volatility | 9.58 |
| 200 Day M A | 23.381 |
| 50 Day M A | 25.7472 |
| Code | OUNZ |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.87 |
| Type | ETF |
VanEck Merk Gold [OUNZ] is traded in USA and was established 2014-05-16. The fund is listed under Commodities Focused category and is part of Merk Funds family. The entity is thematically classified as Precious Metals ETFs. VanEck Merk Gold now have 595.56 M in assets. , while the total return for the last 3 years was 14.2%.
Check VanEck Merk Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on VanEck Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding VanEck Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as VanEck Merk Gold Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
VanEck Merk Top Holders
| STGF | Merk Investments | Etf | Conservative Allocation | |
| MHCIX | Merk Hard Currency | Mutual Fund | World Bond |
VanEck Merk Gold Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in VanEck Merk. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.075 | |||
| Jensen Alpha | 0.1052 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.04) |
VanEck Merk Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in VanEck Merk Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of VanEck Merk Gold is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Merk's value that differs from its market value or its book value, called intrinsic value, which is VanEck Merk's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because VanEck Merk's market value can be influenced by many factors that don't directly affect VanEck Merk's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between VanEck Merk's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Merk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Merk's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.