OUNZ vs CGHM

Comparison between VanEck Merk Gold Trust (OUNZ, ETF) and CAPITAL GROUP MUNICIPAL HIGH-INCOME ETF SHARE CLASS (CGHM, ETF).

OUNZ vs CGHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OUNZ(ETF)	CGHM(ETF)
Net Assets	$2.80B	$2.90B
Expense Ratio	0.25%	0.34%
Max Drawdown	21.77%	7.39%
Sharpe Ratio	1.34	1.42
5Y Beta	0.18	-0.00

Net Assets

OUNZ

$2.80B

Winner

CGHM

$2.90B

Expense Ratio

Winner

OUNZ

0.25%

CGHM

0.34%

Max Drawdown

OUNZ

21.77%

Winner

CGHM

7.39%

Sharpe Ratio

OUNZ

1.34

Winner

CGHM

1.42

5Y Beta

OUNZ

0.18

Winner

CGHM

-0.00

OUNZ vs CGHM - Historical Returns

Returns include dividend reinvestment.

Period	OUNZ	CGHM
1 month	-0.59%	+0.60%
3 months	-7.03%	+0.71%
6 months	+14.49%	+2.05%
1 year	+45.99%	+8.26%
5 years(CAGR)	+20.53%	N/A
10 years(CAGR)	+13.63%	N/A
Max(CAGR)	+11.06%	+4.96%

OUNZ

-0.59%

Winner

CGHM

+0.60%

OUNZ

-7.03%

Winner

CGHM

+0.71%

Winner

OUNZ

+14.49%

CGHM

+2.05%

Winner

OUNZ

+45.99%

CGHM

+8.26%

5Y(CAGR)

OUNZ

+20.53%

CGHM

N/A

10Y(CAGR)

OUNZ

+13.63%

CGHM

N/A

Max(CAGR)

Winner

OUNZ

+11.06%

CGHM

+4.96%

OUNZ vs CGHM - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	OUNZ	CGHM
2026	+9.21%	+1.99%
2025	+61.59%	+4.31%
2024	+27.01%	+2.71%
2023	+11.98%	N/A
2022	+0.97%	N/A
2021	-6.17%	N/A
2020	+23.96%	N/A
2019	+17.90%	N/A
2018	-3.19%	N/A
2017	+12.03%	N/A
2016	+6.65%	N/A
2015	-11.15%	N/A
2014	-8.73%	N/A

OUNZ vs CGHM Drawdown Comparison

The maximum drawdown for OUNZ was -21.77%, occurring on Dec 17, 2015. Recovery took 499 trading sessions.

The maximum drawdown for CGHM was -5.90%, occurring on Apr 11, 2025. Recovery took 134 trading sessions.

The current OUNZ drawdown is -12.28%. The current CGHM drawdown is -0.37%.

Rank	OUNZ	CGHM
#1	-21.77% Jul 11, 2014 - Jul 5, 2016	-5.90% Feb 28, 2025 - Sep 11, 2025
#2	-21.76% Aug 6, 2020 - Mar 1, 2024	-2.83% Dec 6, 2024 - Feb 28, 2025
#3	-19.14% Jan 29, 2026 - Mar 26, 2026	-2.56% Oct 1, 2024 - Dec 4, 2024
#4	-17.58% Jul 8, 2016 - Jun 20, 2019	-2.55% Feb 27, 2026 - Mar 26, 2026
#5	-12.51% Mar 9, 2020 - Apr 9, 2020	-1.20% Aug 5, 2024 - Sep 5, 2024
#6	-10.10% Oct 20, 2025 - Dec 22, 2025	-0.62% Nov 11, 2025 - Dec 31, 2025
#7	-8.10% Oct 30, 2024 - Jan 30, 2025	-0.53% Sep 17, 2025 - Oct 3, 2025
#8	-7.12% Apr 21, 2025 - Jun 13, 2025	-0.44% Jun 27, 2024 - Jul 2, 2024
#9	-6.57% Sep 4, 2019 - Jan 6, 2020	-0.39% Oct 22, 2025 - Nov 11, 2025
#10	-5.75% May 20, 2024 - Jul 16, 2024	-0.35% Jan 15, 2026 - Feb 2, 2026
#11	-4.93% Dec 26, 2025 - Jan 12, 2026	-0.25% Sep 16, 2024 - Sep 26, 2024
#12	-4.91% Feb 24, 2020 - Mar 5, 2020	-0.24% Jul 17, 2024 - Jul 26, 2024
#13	-4.84% Mar 31, 2025 - Apr 10, 2025	-0.14% Sep 11, 2024 - Sep 13, 2024
#14	-4.84% Jun 13, 2025 - Aug 29, 2025	-0.12% Oct 16, 2025 - Oct 20, 2025
#15	-4.38% Jul 16, 2024 - Aug 12, 2024	-0.10% Jul 12, 2024 - Jul 16, 2024