VanEck Merk Gold ETF (OUNZ) Operating Expenses (2015 - 2026)

VanEck Merk Gold ETF has disclosed Operating Expenses across 11 years of filings, most recently posting $1.6 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $1.6 million, up 107.38% year-over-year; the trailing twelve-month figure through Jan 2026 was $4.8 million (up 87.35% YoY), and the FY2026 annual result was $4.8 million, up 87.35% from the prior year.
• Operating Expenses came in at $1.6 million for Q1 2026 at VanEck Merk Gold ETF, up from $1.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.6 million in Q1 2026 to a low of $369462.0 in Q1 2022.
• The 5-year median for Operating Expenses is $479055.0 (2024), against an average of $655055.6.
• Across the five-year window, Operating Expenses grew 1.12% in 2023 and jumped 107.38% in 2026, its largest moves.
• VanEck Merk Gold ETF's Operating Expenses stood at $380901.0 in 2022, then advanced by 18.47% to $451271.0 in 2023, then soared by 54.23% to $695993.0 in 2024, then soared by 83.97% to $1.3 million in 2025, then grew by 23.14% to $1.6 million in 2026.
• The last three Operating Expenses figures came in at $1.6 million (Q1 2026), $1.3 million (Q4 2025), and $1.1 million (Q3 2025), per Business Quant data.