DESP vs. MELI

Last updated Jun 3, 2026

DESP (Despegar.com, Corp.) and MELI (MercadoLibre, Inc.) are both stocks. Both are in the Consumer Cyclical sector — DESP in Travel Services, MELI in Internet Retail. At a 0.29 correlation, their price movements are largely independent.

Performance

DESP vs. MELI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Despegar.com, Corp. (DESP) and MercadoLibre, Inc. (MELI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DESP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MELI

• 1D: -2.05%
• 1M: -9.65%
• YTD: -18.65%
• 6M: -22.70%
• 1Y: -37.03%
• 3Y*: 8.84%
• 5Y*: 4.33%
• 10Y*: 28.35%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DESP vs. MELI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DESP Despegar.com, Corp.	0.00%	1.30%	103.49%	84.41%	-47.60%	-23.58%	-4.97%	8.62%	-54.84%	-13.53%
MELI MercadoLibre, Inc.	-18.65%	18.46%	8.20%	85.71%	-37.24%	-19.51%	192.90%	95.30%	-6.93%	8.54%

Correlation

The correlation between DESP and MELI is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Sep 21, 2017	0.29

The correlation between DESP and MELI shifts across timeframes, from 0.16 (3 years) to 0.31 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) DESP : $774.06M MELI : $30.67B
Gross Profit (TTM) DESP : $565.92M MELI : $13.95B
EBITDA (TTM) DESP : $169.77M MELI : $3.11B

Return for Risk

DESP vs. MELI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MELI

MELI Risk / Return Rank: 6
MELI Sharpe Ratio Rank: 6
MELI Sortino Ratio Rank: 8
MELI Omega Ratio Rank: 8
MELI Calmar Ratio Rank: 5
MELI Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DESP vs. MELI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Despegar.com, Corp. (DESP) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DESP	MELI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.94	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.09	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.45	—

Drawdowns

Drawdown Indicators

	DESP	MELI	Difference
Max Drawdown Largest peak-to-trough decline	—	-89.49%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-40.82%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-40.82%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-68.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-69.12%	—
Current Drawdown Current decline from peak	—	-37.31%	—
Average Drawdown Average peak-to-trough decline	—	-23.57%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	22.40%	—

Volatility

Volatility by Period

	DESP	MELI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	39.50%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	49.68%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	48.88%	—

Dividends

DESP vs. MELI - Dividend Comparison

Neither DESP nor MELI has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DESP Despegar.com, Corp.	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

Frequently Asked Questions

Can I hold both DESP and MELI in my portfolio?

DESP and MELI have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.