GDOT vs. MELI
GDOT (Green Dot Corporation) and MELI (MercadoLibre, Inc.) are both stocks. GDOT operates in Credit Services (Financial Services), while MELI operates in Internet Retail (Consumer Cyclical). Over the past 10 years, GDOT returned -4.94%/yr vs 28.09%/yr for MELI. At a 0.31 correlation, their price movements are largely independent.
Performance
GDOT vs. MELI - Performance Comparison
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Returns By Period
In the year-to-date period, GDOT achieves a 2.19% return, which is significantly higher than MELI's -21.08% return. Over the past 10 years, GDOT has underperformed MELI with an annualized return of -4.94%, while MELI has yielded a comparatively higher 28.09% annualized return.
GDOT
- 1D
- 0.85%
- 1M
- 3.56%
- YTD
- 2.19%
- 6M
- -1.65%
- 1Y
- 27.21%
- 3Y*
- -12.05%
- 5Y*
- -22.13%
- 10Y*
- -4.94%
MELI
- 1D
- -1.27%
- 1M
- 1.77%
- YTD
- -21.08%
- 6M
- -21.15%
- 1Y
- -32.89%
- 3Y*
- 9.54%
- 5Y*
- 2.68%
- 10Y*
- 28.09%
GDOT vs. MELI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GDOT Green Dot Corporation | 2.19% | 20.39% | 7.47% | -37.42% | -56.35% | -35.05% | 139.48% | -70.70% | 31.96% | 155.88% |
MELI MercadoLibre, Inc. | -21.08% | 18.46% | 8.20% | 85.71% | -37.24% | -19.51% | 192.90% | 95.30% | -6.93% | 101.99% |
Correlation
The correlation between GDOT and MELI is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2010 | 0.31 |
The correlation between GDOT and MELI shifts across timeframes, from 0.18 (3 years) to 0.32 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GDOT:
$759.43M
MELI:
$80.59B
GDOT:
-$1.27
MELI:
$37.87
GDOT:
0.34
MELI:
2.63
GDOT:
0.81
MELI:
11.07
GDOT:
$2.18B
MELI:
$30.67B
GDOT:
$323.19M
MELI:
$13.95B
GDOT:
$130.03M
MELI:
$3.11B
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Return for Risk
GDOT vs. MELI — Risk / Return Rank
GDOT
MELI
GDOT vs. MELI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Green Dot Corporation (GDOT) 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.
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.
| GDOT | MELI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +2.58 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.86 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | -0.81 | +1.69 |
| Martin ratioReturn relative to average drawdown | 1.57 | -1.42 | +2.98 |
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Drawdowns
GDOT vs. MELI - Drawdown Comparison
The maximum GDOT drawdown since its inception was -93.17%, roughly equal to the maximum MELI drawdown of -89.49%. Use the drawdown chart below to compare losses from any high point for GDOT and MELI.
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Drawdown Indicators
| GDOT | MELI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.17% | -89.49% | -3.68% |
Max Drawdown (1Y)Largest decline over 1 year | -30.95% | -40.82% | +9.87% |
Max Drawdown (3Y)Largest decline over 3 years | -69.62% | -40.82% | -28.80% |
Max Drawdown (5Y)Largest decline over 5 years | -88.43% | -68.64% | -19.79% |
Max Drawdown (10Y)Largest decline over 10 years | -93.17% | -69.12% | -24.05% |
Current DrawdownCurrent decline from peak | -85.90% | -39.18% | -46.72% |
Average DrawdownAverage peak-to-trough decline | -60.26% | -23.58% | -36.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.43% | 23.24% | -5.81% |
Volatility
GDOT vs. MELI - Volatility Comparison
The current volatility for Green Dot Corporation (GDOT) is 5.58%, while MercadoLibre, Inc. (MELI) has a volatility of 9.96%. This indicates that GDOT 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
| GDOT | MELI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.58% | 9.96% | -4.38% |
Volatility (6M)Calculated over the trailing 6-month period | 17.42% | 29.79% | -12.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.34% | 39.48% | +8.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.93% | 49.65% | +1.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.32% | 48.88% | +3.44% |
Dividends
GDOT vs. MELI - Dividend Comparison
Neither GDOT nor MELI has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDOT Green Dot Corporation | 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
GDOT vs. MELI - Financials Comparison
This section allows you to compare key financial metrics between Green Dot Corporation 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
GDOT vs. MELI - Profitability Comparison
GDOT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Green Dot Corporation reported a gross profit of 0.00 and revenue of 656.25M. Therefore, the gross margin over that period was 0.0%.
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%.
GDOT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Green Dot Corporation reported an operating income of 69.04M and revenue of 656.25M, resulting in an operating margin of 10.5%.
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%.
GDOT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Green Dot Corporation reported a net income of 53.75M and revenue of 656.25M, resulting in a net margin of 8.2%.
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
GDOT 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.
MELI has higher volatility (9.96%) compared to GDOT (5.58%). In terms of maximum drawdown, GDOT dropped -93.17% vs MELI's -89.49%.
GDOT currently has the higher Sharpe Ratio (0.57 vs -0.84), 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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