CART vs. DLO
CART (Maplebear Inc. Common Stock) and DLO (DLocal Limited) are both stocks. CART operates in Internet Retail (Consumer Cyclical), while DLO operates in Software - Infrastructure (Technology). Over the past year, CART returned 0.83% vs 40.67% for DLO. At a 0.19 correlation, their price movements are largely independent.
Performance
CART vs. DLO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CART achieves a 7.58% return, which is significantly lower than DLO's 9.23% return.
CART
- 1D
- 0.23%
- 1M
- 15.49%
- 6M
- 17.54%
- YTD
- 7.58%
- 1Y
- 0.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DLO
- 1D
- 4.26%
- 1M
- 23.10%
- 6M
- 7.78%
- YTD
- 9.23%
- 1Y
- 40.67%
- 3Y*
- 7.48%
- 5Y*
- -20.08%
- 10Y*
- —
CART vs. DLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CART Maplebear Inc. Common Stock | 7.58% | 8.59% | 76.48% | -44.12% |
DLO DLocal Limited | 9.23% | 31.72% | -36.35% | -12.51% |
Correlation
The correlation between CART and DLO is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2023 | 0.19 |
The correlation between CART and DLO shifts across timeframes, from 0.08 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CART:
$11.37B
DLO:
$4.46B
CART:
$1.81
DLO:
$0.64
CART:
26.67
DLO:
23.71
CART:
0.11
DLO:
0.74
CART:
3.35
DLO:
3.76
CART:
5.59
DLO:
8.23
CART:
$3.86B
DLO:
$1.21B
CART:
$2.82B
DLO:
$436.56M
CART:
$672.00M
DLO:
$280.42M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CART vs. DLO — Risk / Return Rank
CART
DLO
CART vs. DLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Maplebear Inc. Common Stock (CART) and DLocal Limited (DLO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CART | DLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.17 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.00 | 1.17 | -1.17 |
| Martin ratioReturn relative to average drawdown | -0.00 | 2.33 | -2.33 |
Loading charts...
Drawdowns
CART vs. DLO - Drawdown Comparison
The maximum CART drawdown since its inception was -46.60%, smaller than the maximum DLO drawdown of -89.99%. Use the drawdown chart below to compare losses from any high point for CART and DLO.
Loading charts...
Drawdown Indicators
| CART | DLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.60% | -89.99% | +43.39% |
Max Drawdown (1Y)Largest decline over 1 year | -36.39% | -30.45% | -5.94% |
Max Drawdown (3Y)Largest decline over 3 years | — | -68.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -89.99% | — |
Current DrawdownCurrent decline from peak | -8.96% | -76.52% | +67.56% |
Average DrawdownAverage peak-to-trough decline | -20.78% | -70.30% | +49.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.77% | 15.34% | +5.43% |
Volatility
CART vs. DLO - Volatility Comparison
The current volatility for Maplebear Inc. Common Stock (CART) is 11.49%, while DLocal Limited (DLO) has a volatility of 15.39%. This indicates that CART experiences smaller price fluctuations and is considered to be less risky than DLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CART | DLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.49% | 15.39% | -3.90% |
Volatility (6M)Calculated over the trailing 6-month period | 32.16% | 36.05% | -3.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.93% | 56.14% | -13.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.97% | 73.39% | -26.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.97% | 73.52% | -26.55% |
Dividends
CART vs. DLO - Dividend Comparison
CART has not paid dividends to shareholders, while DLO's dividend yield for the trailing twelve months is around 1.28%.
| Position | TTM | 2025 |
|---|---|---|
CART Maplebear Inc. Common Stock | 0.00% | 0.00% |
DLO DLocal Limited | 1.28% | 3.71% |
Financials
CART vs. DLO - Financials Comparison
This section allows you to compare key financial metrics between Maplebear Inc. Common Stock and DLocal Limited. 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
CART vs. DLO - Profitability Comparison
CART - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Maplebear Inc. Common Stock reported a gross profit of 738.00M and revenue of 1.02B. Therefore, the gross margin over that period was 72.4%.
DLO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, DLocal Limited reported a gross profit of 118.68M and revenue of 335.86M. Therefore, the gross margin over that period was 35.3%.
CART - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Maplebear Inc. Common Stock reported an operating income of 182.00M and revenue of 1.02B, resulting in an operating margin of 17.9%.
DLO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, DLocal Limited reported an operating income of 53.55M and revenue of 335.86M, resulting in an operating margin of 15.9%.
CART - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Maplebear Inc. Common Stock reported a net income of 144.00M and revenue of 1.02B, resulting in a net margin of 14.1%.
DLO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, DLocal Limited reported a net income of 41.98M and revenue of 335.86M, resulting in a net margin of 12.5%.
Frequently Asked Questions
CART and DLO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DLO has higher volatility (15.39%) compared to CART (11.49%). In terms of maximum drawdown, CART dropped -46.60% vs DLO's -89.99%.
DLO currently has the higher Sharpe Ratio (0.64 vs -0.00), 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.
Find the right allocation for CART and DLO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer