VanEck Merk Gold ETF Operating Expenses Growth & History (OUNZ)
VanEck Merk Gold ETF's operating expenses was $4.8M for fiscal 2026.
View full VanEck Merk Gold ETF company overviewVanEck Merk Gold ETF annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | $4.8M | $2.3M | +87.35% |
| 2025 | 2025-01-31 | $2.6M | $779,819 | +43.35% |
| 2024 | 2024-01-31 | $1.8M | $241,086 | +15.48% |
| 2023 | 2023-01-31 | $1.6M | $286,519 | +22.54% |
| 2022 | 2022-01-31 | $1.3M | $257,984 | +25.46% |
| 2021 | 2021-01-31 | $1.0M | $353,125 | +53.49% |
| 2020 | 2020-01-31 | $660,166 | $96,752 | +17.17% |
| 2019 | 2019-01-31 | $563,414 | $37,844 | +7.20% |
| 2018 | 2018-01-31 | $525,570 | −$7,072 | −1.33% |
| 2017 | 2017-01-31 | $532,642 | $255,492 | +92.19% |
| 2016 | 2016-01-31 | $277,150 | $122,465 | +79.17% |
| 2015 | 2015-01-31 | $154,685 | — | — |
VanEck Merk Gold ETF quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-04-30 | $1.8M | $905,731 | +101.32% |
| Q4 2026 | 2026-01-31 | $1.6M | $816,431 | +107.38% |
| Q3 2026 | 2025-10-31 | $1.3M | $584,429 | +83.97% |
| Q2 2026 | 2025-07-31 | $1.1M | $473,978 | +78.21% |
| Q1 2026 | 2025-04-30 | $893,967 | $377,574 | +73.12% |
| Q4 2025 | 2025-01-31 | $760,304 | $281,249 | +58.71% |
| Q3 2025 | 2024-10-31 | $695,993 | $244,722 | +54.23% |
| Q2 2025 | 2024-07-31 | $606,009 | $147,255 | +32.10% |
| Q1 2025 | 2024-04-30 | $516,393 | $106,593 | +26.01% |
| Q4 2024 | 2024-01-31 | $479,055 | $105,472 | +28.23% |
| Q3 2024 | 2023-10-31 | $451,271 | $70,370 | +18.47% |
| Q2 2024 | 2023-07-31 | $458,754 | $52,012 | +12.79% |
| Q1 2024 | 2023-04-30 | $409,800 | $13,232 | +3.34% |
| Q4 2023 | 2023-01-31 | $373,583 | $4,121 | +1.12% |
| Q3 2023 | 2022-10-31 | $380,901 | $51,328 | +15.57% |
| Q2 2023 | 2022-07-31 | $406,742 | $103,502 | +34.13% |
| Q1 2023 | 2022-04-30 | $396,568 | $127,568 | +47.42% |
| Q4 2022 | 2022-01-31 | $369,462 | — | — |
| Q3 2022 | 2021-10-31 | $329,573 | $76,759 | +30.36% |
| Q2 2022 | 2021-07-31 | $303,240 | — | — |
| Q1 2022 | 2021-04-30 | $269,000 | $53,906 | +25.06% |
| Q3 2021 | 2020-10-31 | $252,814 | $78,997 | +45.45% |
| Q2 2021 · Jul 31 | 2020-07-31 | $278,138 | $125,082 | +81.72% |
| Q2 2021 · Jul 30 | 2020-07-30 | $278,138 | $125,082 | +81.72% |
| Q1 2021 | 2020-04-30 | $215,094 | $67,475 | +45.71% |
| Q4 2020 | 2020-01-31 | $185,674 | $43,878 | +30.94% |
| Q3 2020 | 2019-10-31 | $173,817 | $37,459 | +27.47% |
| Q2 2020 | 2019-07-31 | $153,056 | $8,167 | +5.64% |
| Q1 2020 | 2019-04-30 | $147,619 | $7,248 | +5.16% |
| Q4 2019 | 2019-01-31 | $141,796 | $4,172 | +3.03% |
| Q3 2019 | 2018-10-31 | $136,358 | $1,275 | +0.94% |
| Q2 2019 | 2018-07-31 | $144,889 | $16,273 | +12.65% |
| Q1 2019 | 2018-04-30 | $140,371 | $16,124 | +12.98% |
| Q4 2018 | 2018-01-31 | $137,624 | $3,205 | +2.38% |
| Q3 2018 | 2017-10-31 | $135,083 | −$26,414 | −16.36% |
| Q2 2018 | 2017-07-31 | $128,616 | −$10,959 | −7.85% |
| Q1 2018 | 2017-04-30 | $124,247 | $27,096 | +27.89% |
| Q4 2017 | 2017-01-31 | $134,419 | $55,157 | +69.59% |
| Q3 2017 | 2016-10-31 | $161,497 | $86,344 | +114.89% |
| Q2 2017 | 2016-07-31 | $139,575 | $78,289 | +127.74% |
| Q1 2017 | 2016-04-30 | $97,151 | $35,702 | +58.10% |
| Q4 2016 | 2016-01-31 | $79,262 | $19,527 | +32.69% |
| Q3 2016 | 2015-10-31 | $75,153 | $17,609 | +30.60% |
| Q2 2016 | 2015-07-31 | $61,286 | $23,880 | +63.84% |
| Q1 2016 | 2015-04-30 | $61,449 | — | — |
| Q4 2015 | 2015-01-31 | $59,735 | — | — |
| Q3 2015 | 2014-10-31 | $57,544 | — | — |
| Q2 2015 | 2014-07-31 | $37,406 | — | — |
VanEck Merk Gold ETF operating expenses trends
Over the last five fiscal years, VanEck Merk Gold ETF's operating expenses increased from $1.0M to $4.8M, a change of $3.8M. The latest reported quarter, Q1 2027, shows $1.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review VanEck Merk Gold ETF source filings ↗