VanEck Merk Gold ETF (OUNZ) Invested Capital (2015 - 2026)

VanEck Merk Gold ETF's Invested Capital history runs 11 years deep, the most recent figure standing at $2.9 billion for Q1 2026.

• In Q1 2026, Invested Capital rose 120.85% year-over-year to $2.9 billion; the TTM figure through Jan 2026 stood at $2.9 billion (up 120.85% YoY), while the FY2026 annual figure was $2.9 billion, up 120.85% from the prior year.
• Invested Capital came in at $2.9 billion for Q1 2026 at VanEck Merk Gold ETF, up from $2.3 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $2.9 billion in Q1 2026 to a low of $530.0 million in Q4 2022.
• A 5-year average of $1.1 billion and a median of $780.2 million in 2024 frame the typical range for Invested Capital.
• Across the five-year window, Invested Capital retreated 6.31% in 2022 and jumped 120.85% in 2026, its largest moves.
• VanEck Merk Gold ETF's Invested Capital stood at $530.0 million in 2022, then soared by 40.13% to $742.6 million in 2023, then jumped by 67.21% to $1.2 billion in 2024, then surged by 83.8% to $2.3 billion in 2025, then grew by 27.21% to $2.9 billion in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $2.9 billion, $2.3 billion, and $1.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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