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

VanEck Merk Gold ETF's (OUNZ) quarterly Invested Capital came in at $2.9 billion in Q1 2026, up 120.85% year-on-year from $1.3 billion in Q1 2025, and up 27.21% quarter-over-quarter from $2.3 billion in Q4 2025.

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

VanEck Merk Gold ETF has disclosed Invested Capital across 11 years of filings, most recently posting $2.9 billion for Q1 2026.

  • Invested Capital for Q1 2026 came in at $2.9 billion, up 120.85% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.9 billion (up 120.85% YoY), and the FY2026 annual result 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.
  • The 5-year median for Invested Capital is $780.2 million (2024), against an average of $1.1 billion.
  • Across the five-year window, Invested Capital fell 6.31% in 2022 and soared 120.85% in 2026, its largest moves.
  • VanEck Merk Gold ETF's Invested Capital stood at $530.0 million in 2022, then surged by 40.13% to $742.6 million in 2023, then soared by 67.21% to $1.2 billion in 2024, then jumped by 83.8% to $2.3 billion in 2025, then climbed by 27.21% to $2.9 billion in 2026.
  • The last three Invested Capital figures came in at $2.9 billion (Q1 2026), $2.3 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Jan 31, 2026 2.90 Bn
Oct 31, 2025 2.28 Bn
Jul 31, 2025 1.76 Bn
Apr 30, 2025 1.66 Bn
Jan 31, 2025 1.31 Bn
Oct 31, 2024 1.24 Bn
Jul 31, 2024 1.02 Bn
Apr 30, 2024 904.16 Mn
Jan 31, 2024 780.18 Mn
Oct 31, 2023 742.61 Mn
Jul 31, 2023 742.24 Mn
Apr 30, 2023 712.15 Mn
Jan 31, 2023 656.59 Mn
Oct 31, 2022 529.96 Mn
Jul 31, 2022 623.23 Mn
Apr 30, 2022 676.70 Mn
Jan 31, 2022 586.25 Mn
Oct 31, 2021 565.68 Mn
Jul 31, 2021 502.22 Mn
Apr 30, 2021 447.56 Mn