OUNZ vs IBDW

Comparison between VanEck Merk Gold Trust (OUNZ, ETF) and ISHARES IBONDS DEC 2031 TERM CORPORATE ETF (IBDW, ETF).

5-Year PerformanceOUNZ has outperformed IBDW, delivering a return of +17.0% compared to +0.2%

OUNZ vs IBDW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OUNZ(ETF)	IBDW(ETF)
Net Assets	$2.50B	$2.50B
Expense Ratio	0.25%	0.10%
Max Drawdown	26.09%	26.72%
Sharpe Ratio	0.68	0.06
5Y Beta	0.23	0.06

Net Assets

OUNZ

$2.50B

IBDW

$2.50B

Expense Ratio

OUNZ

0.25%

Winner

IBDW

0.10%

Max Drawdown

Winner

OUNZ

26.09%

IBDW

26.72%

Sharpe Ratio

Winner

OUNZ

0.68

IBDW

0.06

5Y Beta

OUNZ

0.23

Winner

IBDW

0.06

OUNZ vs IBDW - Historical Returns

Returns include dividend reinvestment.

Period	OUNZ	IBDW
1 month	-6.09%	-0.31%
3 months	-16.37%	-0.59%
6 months	-12.58%	-0.19%
1 year	+20.98%	+4.07%
5 years(CAGR)	+17.01%	+0.19%
10 years(CAGR)	+11.41%	N/A
Max(CAGR)	+9.49%	+0.43%

OUNZ

-6.09%

Winner

IBDW

-0.31%

OUNZ

-16.37%

Winner

IBDW

-0.59%

OUNZ

-12.58%

Winner

IBDW

-0.19%

Winner

OUNZ

+20.98%

IBDW

+4.07%

5Y(CAGR)

Winner

OUNZ

+17.01%

IBDW

+0.19%

10Y(CAGR)

OUNZ

+11.41%

IBDW

N/A

Max(CAGR)

Winner

OUNZ

+9.49%

IBDW

+0.43%

OUNZ vs IBDW - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	OUNZ	IBDW
2026	-6.48%	+0.07%
2025	+61.59%	+8.86%
2024	+27.01%	+3.60%
2023	+11.98%	+8.47%
2022	+0.97%	-16.41%
2021	-6.17%	+0.36%
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 IBDW Drawdown Comparison

The maximum drawdown for OUNZ was -26.09%, occurring on Jun 24, 2026. This drawdown has not yet recovered.

The maximum drawdown for IBDW was -23.88%, occurring on Oct 20, 2022. Recovery took 1132 trading sessions.

The current OUNZ drawdown is -24.88%. The current IBDW drawdown is -1.22%.

Rank	OUNZ	IBDW
#1	-26.09% Jan 29, 2026 - Jun 24, 2026	-23.88% Aug 3, 2021 - Feb 5, 2026
#2	-21.77% Jul 11, 2014 - Jul 5, 2016	-2.42% Feb 23, 2026 - Mar 26, 2026
#3	-21.76% Aug 6, 2020 - Mar 1, 2024	-0.79% Jul 8, 2021 - Jul 19, 2021
#4	-17.58% Jul 8, 2016 - Jun 20, 2019	-0.59% Jul 19, 2021 - Jul 28, 2021
#5	-12.51% Mar 9, 2020 - Apr 9, 2020	-0.19% Jul 28, 2021 - Aug 2, 2021
#6	-10.10% Oct 20, 2025 - Dec 22, 2025	-0.19% Jun 30, 2021 - Jul 2, 2021
#7	-8.10% Oct 30, 2024 - Jan 30, 2025	-0.17% Jun 24, 2021 - Jun 28, 2021
#8	-7.12% Apr 21, 2025 - Jun 13, 2025	-0.12% Feb 10, 2026 - Feb 12, 2026
#9	-6.57% Sep 4, 2019 - Jan 6, 2020	-0.07% Feb 17, 2026 - Feb 23, 2026
#10	-5.75% May 20, 2024 - Jul 16, 2024	N/A
#11	-4.93% Dec 26, 2025 - Jan 12, 2026	N/A
#12	-4.91% Feb 24, 2020 - Mar 5, 2020	N/A
#13	-4.84% Mar 31, 2025 - Apr 10, 2025	N/A
#14	-4.84% Jun 13, 2025 - Aug 29, 2025	N/A
#15	-4.38% Jul 16, 2024 - Aug 12, 2024	N/A