MELI vs. BRK-B
MELI (MercadoLibre, Inc.) and BRK-B (Berkshire Hathaway Inc.) are both stocks. MELI operates in Internet Retail (Consumer Cyclical), while BRK-B operates in Insurance - Diversified (Financial Services). Over the past 10 years, MELI returned 28.09%/yr vs 13.22%/yr for BRK-B. At a 0.32 correlation, their price movements are largely independent.
Performance
MELI vs. BRK-B - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MELI achieves a -21.08% return, which is significantly lower than BRK-B's -2.67% return. Over the past 10 years, MELI has outperformed BRK-B with an annualized return of 28.09%, while BRK-B has yielded a comparatively lower 13.22% annualized return.
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%
BRK-B
- 1D
- 0.71%
- 1M
- 0.77%
- YTD
- -2.67%
- 6M
- -2.06%
- 1Y
- -0.22%
- 3Y*
- 13.30%
- 5Y*
- 11.27%
- 10Y*
- 13.22%
MELI vs. BRK-B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MELI MercadoLibre, Inc. | -21.08% | 18.46% | 8.20% | 85.71% | -37.24% | -19.51% | 192.90% | 95.30% | -6.93% | 101.99% |
BRK-B Berkshire Hathaway Inc. | -2.67% | 10.89% | 27.09% | 15.46% | 3.31% | 28.95% | 2.37% | 10.93% | 3.01% | 21.62% |
Correlation
The correlation between MELI and BRK-B is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2007 | 0.32 |
Over the past year, the correlation between MELI and BRK-B has dropped to 0.01 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
Fundamentals
MELI:
$80.59B
BRK-B:
$1.06T
MELI:
$37.87
BRK-B:
$33.62
MELI:
41.97
BRK-B:
14.55
MELI:
0.25
BRK-B:
0.56
MELI:
2.63
BRK-B:
2.81
MELI:
11.07
BRK-B:
1.45
MELI:
$30.67B
BRK-B:
$375.39B
MELI:
$13.95B
BRK-B:
$94.36B
MELI:
$3.11B
BRK-B:
$71.92B
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
MELI vs. BRK-B — Risk / Return Rank
MELI
BRK-B
MELI vs. BRK-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and Berkshire Hathaway Inc. (BRK-B). 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 | BRK-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.01 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | -0.02 | -0.78 |
| Martin ratioReturn relative to average drawdown | -1.42 | -0.05 | -1.37 |
Loading charts...
Drawdowns
MELI vs. BRK-B - Drawdown Comparison
The maximum MELI drawdown since its inception was -89.49%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for MELI and BRK-B.
Loading charts...
Drawdown Indicators
| MELI | BRK-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -53.86% | -35.63% |
Max Drawdown (1Y)Largest decline over 1 year | -40.82% | -9.42% | -31.40% |
Max Drawdown (3Y)Largest decline over 3 years | -40.82% | -14.95% | -25.87% |
Max Drawdown (5Y)Largest decline over 5 years | -68.64% | -26.58% | -42.06% |
Max Drawdown (10Y)Largest decline over 10 years | -69.12% | -29.57% | -39.55% |
Current DrawdownCurrent decline from peak | -39.18% | -9.36% | -29.82% |
Average DrawdownAverage peak-to-trough decline | -23.58% | -11.07% | -12.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.24% | 4.53% | +18.71% |
Volatility
MELI vs. BRK-B - Volatility Comparison
MercadoLibre, Inc. (MELI) has a higher volatility of 9.96% compared to Berkshire Hathaway Inc. (BRK-B) at 3.95%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MELI | BRK-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.96% | 3.95% | +6.01% |
Volatility (6M)Calculated over the trailing 6-month period | 29.79% | 10.78% | +19.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.48% | 14.38% | +25.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.65% | 17.12% | +32.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.88% | 19.44% | +29.44% |
Dividends
MELI vs. BRK-B - Dividend Comparison
Neither MELI nor BRK-B has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRK-B Berkshire Hathaway Inc. | 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
MELI vs. BRK-B - Financials Comparison
This section allows you to compare key financial metrics between MercadoLibre, Inc. and Berkshire Hathaway 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
MELI vs. BRK-B - Profitability Comparison
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%.
BRK-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a gross profit of 26.98B and revenue of 93.68B. Therefore, the gross margin over that period was 28.8%.
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%.
BRK-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported an operating income of 15.05B and revenue of 93.68B, resulting in an operating margin of 16.1%.
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%.
BRK-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Berkshire Hathaway Inc. reported a net income of 10.18B and revenue of 93.68B, resulting in a net margin of 10.9%.
Frequently Asked Questions
MELI and BRK-B have a correlation of 0.01, 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 BRK-B (3.95%). In terms of maximum drawdown, MELI dropped -89.49% vs BRK-B's -53.86%.
BRK-B currently has the higher Sharpe Ratio (-0.02 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.
Find the right allocation for MELI and BRK-B
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