OUNZ: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Fri 2014-05-16? to Fri 2025-09-05	YTD Return	TRR Price
OUNZ ×	+33.40% 2025-09-05	1.962 TRR 2025-09-05
VanEck Merk Gold Trust Exchange-Traded Fund

---

Returns

Fri 2014-05-16? to Fri 2025-09-05	Overall Return	Exponential Trendline
OUNZ ×	+96.20% +6.14%/yr	+4.69%/yr (R2=0.652)
VanEck Merk Gold Trust Exchange-Traded Fund

---

Growth of $10,000

Fri 2014-05-16? to Fri 2025-09-05	Start Value	End Value
OUNZ ×	$10,000.00 2014-05-16	$19,620.40 2025-09-05
VanEck Merk Gold Trust Exchange-Traded Fund

---

Annual Returns

Year	OUNZ
2025 (YTD)	+33.40%
2024	+23.21%
2023	+9.17%
2022	−6.58%
2021	−10.29%
2020	+23.02%
2019	+15.34%
2018	−3.85%
2017	+10.47%
2016	+6.04%
2015	−11.54%
2014	−7.71%

---

Drawdowns

Fri 2014-05-16? to Fri 2025-09-05	Current Drawdown	Worst Drawdown
OUNZ ×	0.00%	−31.65% 2022-09-26
VanEck Merk Gold Trust Exchange-Traded Fund