VanEck Merk Gold ETF (OUNZ) Financials
Newest figures come from the 10-Q for Q2 FY2027, filed Sep 8, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the OUNZ SEC filings page.
This page shows VanEck Merk Gold ETF (OUNZ) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The trust’s reported scale expanded sharply, with total assets more than doubling and annual net income growing even faster in FY2026.
Between FY2025 and FY2026, total assets grew 118.6% to$2.9B . Net income grew249.0% to$1.1B , indicating reported earnings expanded faster than the asset base rather than reflecting a conventional operating-sales cycle.
Liabilities represented
Annual net income was
Financial Health Signals
We do not publish a peer-relative financial health score for VanEck Merk Gold ETF, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
VanEck Merk Gold ETF reported a net loss of $352.4M in Q2 2027. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2027.
Not reported for Q2 2027.
Not reported for Q2 2027.
Cash & Balance Sheet
Not reported for Q2 2027.
Not reported for Q2 2027.
Not reported for Q2 2027.
Margins & Returns
VanEck Merk Gold ETF's quarterly ROE was -13.9% in Q2 2027: one quarter's net income over shareholder equity, not annualized. This is down 13.6 percentage points from the same quarter a year earlier. Against the prior quarter it is down 9.0 percentage points.
Not reported for Q2 2027.
Not reported for Q2 2027.
Not reported for Q2 2027.
Capital Allocation
None of these metrics is reported for Q2 2027.
OUNZ Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
OUNZ Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.5B+43.9% | $2.8B+70.0% | $2.9B+118.6% | $2.3B+80.9% | $1.8B+73.2% | $1.7B+83.8% | $1.3B+69.0% | $1.3B+69.9% |
| Total Liabilities | $35-100.0% | $14-33.3% | $108K-99.2% | $489K-97.5% | $375K+2082500.0% | $21+10.5% | $13.8M+132.9% | $19.9M+110462000.0% |
| Total Equity | $2.5B+43.9% | $2.8B+70.0% | $2.9B+120.8% | $2.3B+83.8% | $1.8B+73.2% | $1.7B+83.8% | $1.3B+68.5% | $1.2B+67.2% |
| Retained Earnings | $1.0B+55.0% | $1.4B+106.1% | $1.5B+250.5% | $1.1B+156.5% | $669.4M+135.4% | $674.2M+205.7% | $436.2M+254.4% | $412.2Mn/m |
Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
OUNZ Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2710-Q | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -13.9%-13.6pp | -4.9%-19.3pp | 16.3%+14.4pp | 17.0%+6.7pp | -0.3%-6.5pp | 14.3%+3.5pp | 1.8%-0.5pp | 10.3%+9.7pp |
| Return on Assets | -13.9%-13.6pp | -4.9%-19.3pp | 16.3%+14.4pp | 17.0%+6.9pp | -0.3%-6.5pp | 14.3%+3.5pp | 1.8%-0.5pp | 10.1%+9.5pp |
| Liabilities-to-Equity | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.010.0x | 0.020.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Current Ratio, Debt-to-Equity, Asset Turnover, FCF Margin.
Where VanEck Merk Gold ETF Ranks
Frequently Asked Questions
Yes, VanEck Merk Gold ETF (OUNZ) reported a net income of $368.0M over the trailing 12 months to July 31, 2026. In fiscal year 2026 it reported a net income of $1.1B.
VanEck Merk Gold ETF (OUNZ) has a return on equity of 37.6% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
VanEck Merk Gold ETF (OUNZ) had $2.9B in total assets as of fiscal year 2026, including both current and long-term assets.
VanEck Merk Gold ETF (OUNZ) had a liabilities-to-equity ratio of 0.00 as of fiscal year 2026, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2026, because the filing data we hold for that year carries no long-term debt figure.
VanEck Merk Gold ETF (OUNZ) had a return on assets of 37.6% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.