ALKT vs. MELI
ALKT (Alkami Technology, Inc.) and MELI (MercadoLibre, Inc.) are both stocks. ALKT operates in Software - Application (Technology), while MELI operates in Internet Retail (Consumer Cyclical). Over the past 5 years, ALKT returned -13.07%/yr vs 4.13%/yr for MELI. At a 0.40 correlation, their price movements are largely independent.
Performance
ALKT vs. MELI - Performance Comparison
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Returns By Period
In the year-to-date period, ALKT achieves a -31.30% return, which is significantly lower than MELI's -19.97% return.
ALKT
- 1D
- -0.25%
- 1M
- -11.80%
- YTD
- -31.30%
- 6M
- -25.76%
- 1Y
- -47.96%
- 3Y*
- 1.07%
- 5Y*
- -13.07%
- 10Y*
- —
MELI
- 1D
- 0.26%
- 1M
- -1.26%
- YTD
- -19.97%
- 6M
- -22.81%
- 1Y
- -35.06%
- 3Y*
- 10.08%
- 5Y*
- 4.13%
- 10Y*
- 28.28%
ALKT vs. MELI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ALKT Alkami Technology, Inc. | -31.30% | -37.10% | 51.26% | 66.21% | -27.27% | -53.35% |
MELI MercadoLibre, Inc. | -19.97% | 18.46% | 8.20% | 85.71% | -37.24% | -12.81% |
Correlation
The correlation between ALKT and MELI is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 2021 | 0.40 |
The correlation between ALKT and MELI shifts across timeframes, from 0.24 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ALKT:
$1.69B
MELI:
$81.72B
ALKT:
-$0.48
MELI:
$37.87
ALKT:
3.51
MELI:
2.66
ALKT:
4.55
MELI:
11.22
ALKT:
$471.94M
MELI:
$30.67B
ALKT:
$272.71M
MELI:
$13.95B
ALKT:
-$17.46M
MELI:
$3.11B
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Return for Risk
ALKT vs. MELI — Risk / Return Rank
ALKT
MELI
ALKT vs. MELI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alkami Technology, Inc. (ALKT) and MercadoLibre, Inc. (MELI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ALKT | MELI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.85 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | -0.86 | -0.09 |
| Martin ratioReturn relative to average drawdown | -1.45 | -1.54 | +0.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALKT | MELI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.95 | -0.89 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.27 | 0.08 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.36 | 0.44 | -0.81 |
Drawdowns
ALKT vs. MELI - Drawdown Comparison
The maximum ALKT drawdown since its inception was -79.03%, smaller than the maximum MELI drawdown of -89.49%. Use the drawdown chart below to compare losses from any high point for ALKT and MELI.
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Drawdown Indicators
| ALKT | MELI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.03% | -89.49% | +10.46% |
Max Drawdown (1Y)Largest decline over 1 year | -50.50% | -40.82% | -9.68% |
Max Drawdown (3Y)Largest decline over 3 years | -63.88% | -40.82% | -23.06% |
Max Drawdown (5Y)Largest decline over 5 years | -73.50% | -68.64% | -4.86% |
Max Drawdown (10Y)Largest decline over 10 years | — | -69.12% | — |
Current DrawdownCurrent decline from peak | -66.76% | -38.32% | -28.44% |
Average DrawdownAverage peak-to-trough decline | -52.41% | -23.58% | -28.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.16% | 22.74% | +10.42% |
Volatility
ALKT vs. MELI - Volatility Comparison
The current volatility for Alkami Technology, Inc. (ALKT) is 13.93%, while MercadoLibre, Inc. (MELI) has a volatility of 17.04%. This indicates that ALKT experiences smaller price fluctuations and is considered to be less risky than MELI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALKT | MELI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.93% | 17.04% | -3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 37.49% | 30.13% | +7.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.76% | 39.42% | +11.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.13% | 49.68% | -1.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.72% | 48.89% | -0.17% |
Dividends
ALKT vs. MELI - Dividend Comparison
Neither ALKT nor MELI has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALKT Alkami Technology, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MELI MercadoLibre, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.38% | 0.36% |
Financials
ALKT vs. MELI - Financials Comparison
This section allows you to compare key financial metrics between Alkami Technology, Inc. and MercadoLibre, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALKT vs. MELI - Profitability Comparison
ALKT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alkami Technology, Inc. reported a gross profit of 73.87M and revenue of 126.14M. Therefore, the gross margin over that period was 58.6%.
MELI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MercadoLibre, Inc. reported a gross profit of 3.86B and revenue of 7.72B. Therefore, the gross margin over that period was 50.1%.
ALKT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alkami Technology, Inc. reported an operating income of -5.71M and revenue of 126.14M, resulting in an operating margin of -4.5%.
MELI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MercadoLibre, Inc. reported an operating income of 611.00M and revenue of 7.72B, resulting in an operating margin of 7.9%.
ALKT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alkami Technology, Inc. reported a net income of -9.96M and revenue of 126.14M, resulting in a net margin of -7.9%.
MELI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MercadoLibre, Inc. reported a net income of 417.00M and revenue of 7.72B, resulting in a net margin of 5.4%.
Frequently Asked Questions
ALKT and MELI have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MELI has higher volatility (17.04%) compared to ALKT (13.93%). In terms of maximum drawdown, ALKT dropped -79.03% vs MELI's -89.49%.
MELI currently has the higher Sharpe Ratio (-0.89 vs -0.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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