VanEck Merk Gold ETF (OUNZ) Enterprise Value (2015 - 2026)
VanEck Merk Gold ETF's Enterprise Value came in at $2.54 billion for fiscal Q2 2027 (quarter ended Jul 31, 2026), up 43.9% from $1.76 billion a year earlier but down 10.2% from the prior quarter.
VanEck Merk Gold ETF (OUNZ) Enterprise Value (2015 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), VanEck Merk Gold ETF's Enterprise Value was $2.91 billion, up 120.9% from FY2025.
- Enterprise Value has increased in each of the last eight fiscal years, with a five-year compound annual growth rate of 46.1% (FY2021 to FY2026).
- Going back by fiscal year, Enterprise Value was $1.32 billion in FY2025 (+69.0%), $779.07 million in FY2024 (+18.5%), $657.27 million in FY2023 (+11.8%) and $588 million in FY2022 (+34.4%).
- The five-year range for quarterly Enterprise Value is -$2.37 million (fiscal Q2 2024) to $2.91 billion (fiscal Q4 2026).
- Year-over-year, Enterprise Value has increased for seven consecutive quarters, with growth averaging 77.8% over the last seven quarters.
- The fastest year-over-year change in Enterprise Value over five years came in fiscal Q4 2026 (growth of 120.9%), and the weakest in fiscal Q3 2024 (a decline of 99.9%).
- Business Quant data shows OUNZ's Enterprise Value at $2.82 billion (Q1 2027), $2.91 billion (Q4 2026) and $2.28 billion (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.54 Bn |
| Apr 30, 2026 | 2.82 Bn |
| Jan 31, 2026 | 2.91 Bn |
| Oct 31, 2025 | 2.28 Bn |
| Jul 31, 2025 | 1.76 Bn |
| Apr 30, 2025 | 1.66 Bn |
| Jan 31, 2025 | 1.32 Bn |
| Oct 31, 2024 | 1.24 Bn |
| Jul 31, 2024 | 1.02 Bn |
| Apr 30, 2024 | 904.10 Mn |
| Jan 31, 2024 | 779.07 Mn |
| Oct 31, 2023 | 486,672.61 |
| Jul 31, 2023 | -2.37 Mn |
| Apr 30, 2023 | 742.92 Mn |
| Jan 31, 2023 | 657.27 Mn |
| Oct 31, 2022 | 532.05 Mn |
| Jul 31, 2022 | 625.79 Mn |
| Apr 30, 2022 | 674.22 Mn |
| Jan 31, 2022 | 588.00 Mn |
| Oct 31, 2021 | 576.84 Mn |
VanEck Merk Gold ETF Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=OUNZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "OUNZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=OUNZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();