OUNZ vs JMOM

Comparison between VanEck Merk Gold Trust (OUNZ, ETF) and JPMORGAN U.S. MOMENTUM FACTOR ETF (JMOM, ETF).

5-Year PerformanceOUNZ has outperformed JMOM, delivering a return of +19.5% compared to +14.4%

OUNZ vs JMOM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OUNZ(ETF)	JMOM(ETF)
Net Assets	$2.50B	$2.60B
Expense Ratio	0.25%	0.12%
Max Drawdown	26.31%	34.31%
Sharpe Ratio	0.90	1.47
5Y Beta	0.23	1.06
P/E Ratio	N/A	32.33
Forward P/E	N/A	20.41
5Y Dividends CAGR	N/A	14.90%
5Y EPS CAGR	N/A	21.13%
Debt to Equity	N/A	33.46%
P/S Ratio	N/A	2.35
P/B Ratio	N/A	4.98

Net Assets

OUNZ

$2.50B

Winner

JMOM

$2.60B

Expense Ratio

OUNZ

0.25%

Winner

JMOM

0.12%

Max Drawdown

Winner

OUNZ

26.31%

JMOM

34.31%

Sharpe Ratio

OUNZ

0.90

Winner

JMOM

1.47

5Y Beta

Winner

OUNZ

0.23

JMOM

1.06

P/E Ratio

OUNZ

N/A

JMOM

32.33

Forward P/E

OUNZ

N/A

JMOM

20.41

5Y Dividends CAGR

OUNZ

N/A

JMOM

14.90%

5Y EPS CAGR

OUNZ

N/A

JMOM

21.13%

Debt to Equity

OUNZ

N/A

JMOM

33.46%

P/S Ratio

OUNZ

N/A

JMOM

2.35

P/B Ratio

OUNZ

N/A

JMOM

4.98

OUNZ vs JMOM - Historical Returns

Returns include dividend reinvestment.

Period	OUNZ	JMOM
1 month	+5.56%	+1.65%
3 months	-7.72%	+8.43%
6 months	-12.44%	+19.92%
1 year	+27.45%	+31.42%
5 years(CAGR)	+19.50%	+14.37%
10 years(CAGR)	+12.16%	+16.19%
Max(CAGR)	+10.05%	+16.19%

Winner

OUNZ

+5.56%

JMOM

+1.65%

OUNZ

-7.72%

Winner

JMOM

+8.43%

OUNZ

-12.44%

Winner

JMOM

+19.92%

OUNZ

+27.45%

Winner

JMOM

+31.42%

5Y(CAGR)

Winner

OUNZ

+19.50%

JMOM

+14.37%

10Y(CAGR)

OUNZ

+12.16%

Winner

JMOM

+16.19%

Max(CAGR)

OUNZ

+10.05%

Winner

JMOM

+16.19%

OUNZ vs JMOM - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	OUNZ	JMOM
2026	+0.14%	+23.00%
2025	+61.59%	+17.75%
2024	+27.01%	+29.74%
2023	+11.98%	+23.74%
2022	+0.97%	-20.41%
2021	-6.17%	+26.82%
2020	+23.96%	+28.12%
2019	+17.90%	+28.88%
2018	-3.19%	-5.24%
2017	+12.03%	+3.32%
2016	+6.65%	N/A
2015	-11.15%	N/A
2014	-8.73%	N/A

OUNZ vs JMOM Drawdown Comparison

The maximum drawdown for OUNZ was -26.31%, occurring on Jul 16, 2026. This drawdown has not yet recovered.

The maximum drawdown for JMOM was -34.31%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The current OUNZ drawdown is -19.56%. The current JMOM drawdown is -1.39%.

Rank	OUNZ	JMOM
#1	-26.31% Jan 29, 2026 - Jul 16, 2026	-34.31% Feb 19, 2020 - Jul 20, 2020
#2	-21.77% Jul 11, 2014 - Jul 5, 2016	-28.27% Nov 16, 2021 - Jan 30, 2024
#3	-21.76% Aug 6, 2020 - Mar 1, 2024	-21.59% Oct 3, 2018 - Jun 10, 2019
#4	-17.58% Jul 8, 2016 - Jun 20, 2019	-19.51% Feb 18, 2025 - Jun 24, 2025
#5	-12.51% Mar 9, 2020 - Apr 9, 2020	-10.94% Feb 12, 2021 - Apr 15, 2021
#6	-10.10% Oct 20, 2025 - Dec 22, 2025	-9.09% Jan 26, 2018 - Jun 5, 2018
#7	-8.10% Oct 30, 2024 - Jan 30, 2025	-8.49% Jul 16, 2024 - Aug 23, 2024
#8	-7.12% Apr 21, 2025 - Jun 13, 2025	-8.34% Oct 13, 2020 - Nov 24, 2020
#9	-6.57% Sep 4, 2019 - Jan 6, 2020	-8.27% Sep 2, 2020 - Oct 9, 2020
#10	-5.75% May 20, 2024 - Jul 16, 2024	-8.02% Jun 30, 2026 - Jul 29, 2026
#11	-4.93% Dec 26, 2025 - Jan 12, 2026	-7.87% Mar 2, 2026 - Apr 8, 2026
#12	-4.91% Feb 24, 2020 - Mar 5, 2020	-6.88% Apr 26, 2021 - Jun 14, 2021
#13	-4.84% Mar 31, 2025 - Apr 10, 2025	-6.63% Sep 3, 2021 - Oct 21, 2021
#14	-4.84% Jun 13, 2025 - Aug 29, 2025	-6.24% Mar 21, 2024 - May 15, 2024
#15	-4.38% Jul 16, 2024 - Aug 12, 2024	-6.18% Dec 4, 2024 - Jan 23, 2025