MELI vs. BND
MELI (MercadoLibre, Inc.) is a stock, while BND (Vanguard Total Bond Market ETF) is Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Over the past 10 years, MELI returned 28.13%/yr vs 1.43%/yr for BND. At a correlation of -0.05, they often move in opposite directions.
Performance
MELI vs. BND - Performance Comparison
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Returns By Period
In the year-to-date period, MELI achieves a -9.03% return, which is significantly lower than BND's 0.08% return. Over the past 10 years, MELI has outperformed BND with an annualized return of 28.13%, while BND has yielded a comparatively lower 1.43% annualized return.
MELI
- 1D
- 1.02%
- 1M
- 12.06%
- 6M
- -11.69%
- YTD
- -9.03%
- 1Y
- -24.08%
- 3Y*
- 14.49%
- 5Y*
- 3.40%
- 10Y*
- 28.13%
- ALL TIME*
- 26.51%
BND
- 1D
- -0.25%
- 1M
- -0.57%
- 6M
- -0.09%
- YTD
- 0.08%
- 1Y
- 3.77%
- 3Y*
- 3.82%
- 5Y*
- -0.23%
- 10Y*
- 1.43%
- ALL TIME*
- 3.03%
MELI vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MELI MercadoLibre, Inc. | -9.03% | 18.46% | 8.20% | 85.71% | -37.24% | -19.51% | 192.90% | 95.30% | -6.93% | 101.99% |
BND Vanguard Total Bond Market ETF | 0.08% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Correlation
The correlation between MELI and BND is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2007 | -0.05 |
The correlation between MELI and BND shifts across timeframes, from -0.05 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MELI vs. BND — Risk / Return Rank
MELI
BND
MELI vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and Vanguard Total Bond Market ETF (BND). 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.
| MELI | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.15 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.18 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 1.41 | -2.04 |
| Martin ratioReturn relative to average drawdown | -1.06 | 3.81 | -4.88 |
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Drawdowns
MELI vs. BND - Drawdown Comparison
The maximum MELI drawdown since its inception was -89.49%, which is greater than BND's maximum drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for MELI and BND.
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Drawdown Indicators
| MELI | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -18.58% | -70.91% |
Max Drawdown (1Y)Largest decline over 1 year | -38.40% | -2.68% | -35.72% |
Max Drawdown (3Y)Largest decline over 3 years | -40.82% | -5.59% | -35.23% |
Max Drawdown (5Y)Largest decline over 5 years | -68.64% | -17.91% | -50.73% |
Max Drawdown (10Y)Largest decline over 10 years | -69.12% | -18.58% | -50.54% |
Current DrawdownCurrent decline from peak | -29.89% | -2.55% | -27.34% |
Average DrawdownAverage peak-to-trough decline | -23.63% | -3.06% | -20.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.69% | 0.99% | +21.70% |
Volatility
MELI vs. BND - Volatility Comparison
MercadoLibre, Inc. (MELI) has a higher volatility of 8.75% compared to Vanguard Total Bond Market ETF (BND) at 1.08%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MELI | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.75% | 1.08% | +7.67% |
Volatility (6M)Calculated over the trailing 6-month period | 29.45% | 2.87% | +26.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.82% | 3.72% | +36.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.77% | 6.03% | +43.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.89% | 5.53% | +43.36% |
Dividends
MELI vs. BND - Dividend Comparison
MELI has not paid dividends to shareholders, while BND's dividend yield for the trailing twelve months is around 4.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 4.00% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
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% |
Frequently Asked Questions
MELI and BND have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MELI has higher volatility (8.75%) compared to BND (1.08%). In terms of maximum drawdown, MELI dropped -89.49% vs BND's -18.58%.
BND currently has the higher Sharpe Ratio (1.02 vs -0.61), 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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