VanEck Merk Gold ETF (OUNZ) Operating Expenses (2015 - 2026)
VanEck Merk Gold ETF (OUNZ) posted Operating Expenses of $1.6 million for Q1 2026, up 23.14% sequentially from $1.3 million in Q4 2025, and up 107.38% YoY from $760304.0 in Q1 2025.
VanEck Merk Gold ETF (OUNZ) Operating Expenses (2015 - 2026) Analysis & Trends
VanEck Merk Gold ETF has reported Operating Expenses for 11 years, with the latest figure at $1.6 million in Q1 2026.
- Quarterly Operating Expenses rose 107.38% year-over-year to $1.6 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $4.8 million (up 87.35% YoY) and the FY2026 annual result came in at $4.8 million, up 87.35% from the prior year.
- Operating Expenses grew to $1.6 million in Q1 2026 per OUNZ's latest filing, from $1.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $1.6 million in Q1 2026 and troughed at $369462.0 in Q1 2022.
- A 5-year average of $655055.6 and a median of $479055.0 in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses rose 1.12% in 2023, then soared 107.38% in 2026.
- Over 5 years, Operating Expenses stood at $380901.0 in 2022, then grew by 18.47% to $451271.0 in 2023, then surged by 54.23% to $695993.0 in 2024, then surged by 83.97% to $1.3 million in 2025, then rose by 23.14% to $1.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.6 million, $1.3 million, and $1.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.80 Mn |
| Jan 31, 2026 | 1.58 Mn |
| Oct 31, 2025 | 1.28 Mn |
| Jul 31, 2025 | 1.08 Mn |
| Apr 30, 2025 | 893,967.00 |
| Jan 31, 2025 | 760,304.00 |
| Oct 31, 2024 | 695,993.00 |
| Jul 31, 2024 | 606,009.00 |
| Apr 30, 2024 | 516,393.00 |
| Jan 31, 2024 | 479,055.00 |
| Oct 31, 2023 | 451,271.00 |
| Jul 31, 2023 | 458,754.00 |
| Apr 30, 2023 | 409,800.00 |
| Jan 31, 2023 | 373,583.00 |
| Oct 31, 2022 | 380,901.00 |
| Jul 31, 2022 | 406,742.00 |
| Apr 30, 2022 | 396,568.00 |
| Jan 31, 2022 | 369,462.00 |
| Oct 31, 2021 | 329,573.00 |
| Jul 31, 2021 | 303,240.00 |