FWONA vs. MELI
Compare and contrast key facts about Formula One Group (FWONA) and MercadoLibre, Inc. (MELI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWONA or MELI.
Correlation
The correlation between FWONA and MELI is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FWONA vs. MELI - Performance Comparison
Key characteristics
FWONA:
2.10
MELI:
0.24
FWONA:
2.84
MELI:
0.59
FWONA:
1.36
MELI:
1.08
FWONA:
2.81
MELI:
0.29
FWONA:
10.12
MELI:
0.84
FWONA:
4.93%
MELI:
11.10%
FWONA:
23.73%
MELI:
38.05%
FWONA:
-60.76%
MELI:
-89.49%
FWONA:
-1.86%
MELI:
-18.70%
Fundamentals
FWONA:
$19.97B
MELI:
$88.16B
FWONA:
$1.07
MELI:
$28.17
FWONA:
70.07
MELI:
61.73
FWONA:
3.59
MELI:
1.07
FWONA:
$2.45B
MELI:
$14.17B
FWONA:
$667.00M
MELI:
$6.28B
FWONA:
$606.00M
MELI:
$2.28B
Returns By Period
In the year-to-date period, FWONA achieves a 0.64% return, which is significantly lower than MELI's 2.33% return. Over the past 10 years, FWONA has underperformed MELI with an annualized return of 13.76%, while MELI has yielded a comparatively higher 30.96% annualized return.
FWONA
0.64%
-1.36%
17.75%
47.04%
14.15%
13.76%
MELI
2.33%
-4.60%
1.14%
4.91%
21.25%
30.96%
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Risk-Adjusted Performance
FWONA vs. MELI — Risk-Adjusted Performance Rank
FWONA
MELI
FWONA vs. MELI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Formula One Group (FWONA) 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.
Dividends
FWONA vs. MELI - Dividend Comparison
Neither FWONA nor MELI has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Formula One Group | 0.00% | 0.00% | 2.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MercadoLibre, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.38% | 0.36% | 0.52% |
Drawdowns
FWONA vs. MELI - Drawdown Comparison
The maximum FWONA drawdown since its inception was -60.76%, smaller than the maximum MELI drawdown of -89.49%. Use the drawdown chart below to compare losses from any high point for FWONA and MELI. For additional features, visit the drawdowns tool.
Volatility
FWONA vs. MELI - Volatility Comparison
The current volatility for Formula One Group (FWONA) is 4.98%, while MercadoLibre, Inc. (MELI) has a volatility of 10.15%. This indicates that FWONA 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.
Financials
FWONA vs. MELI - Financials Comparison
This section allows you to compare key financial metrics between Formula One Group 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