MELI vs. MDT
MELI (MercadoLibre, Inc.) and MDT (Medtronic plc) are both stocks. MELI operates in Internet Retail (Consumer Cyclical), while MDT operates in Medical Devices (Healthcare). Over the past 10 years, MELI returned 28.28%/yr vs 2.04%/yr for MDT. At a 0.31 correlation, their price movements are largely independent.
Performance
MELI vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, MELI achieves a -19.97% return, which is significantly lower than MDT's -15.31% return. Over the past 10 years, MELI has outperformed MDT with an annualized return of 28.28%, while MDT has yielded a comparatively lower 2.04% annualized return.
MELI
- 1D
- 0.26%
- 1M
- -1.26%
- YTD
- -19.97%
- 6M
- -22.81%
- 1Y
- -35.06%
- 3Y*
- 10.08%
- 5Y*
- 4.13%
- 10Y*
- 28.28%
MDT
- 1D
- -1.20%
- 1M
- 5.96%
- YTD
- -15.31%
- 6M
- -19.07%
- 1Y
- -4.79%
- 3Y*
- 2.04%
- 5Y*
- -5.25%
- 10Y*
- 2.04%
MELI vs. MDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MELI MercadoLibre, Inc. | -19.97% | 18.46% | 8.20% | 85.71% | -37.24% | -19.51% | 192.90% | 95.30% | -6.93% | 101.99% |
MDT Medtronic plc | -15.31% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between MELI and MDT is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2007 | 0.31 |
The correlation between MELI and MDT shifts across timeframes, from 0.19 (3 years) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MELI:
$81.72B
MDT:
$103.94B
MELI:
$37.87
MDT:
$3.58
MELI:
42.56
MDT:
22.52
MELI:
0.25
MDT:
2.03
MELI:
2.66
MDT:
2.93
MELI:
$30.67B
MDT:
$35.48B
MELI:
$13.95B
MDT:
$5.78B
MELI:
$3.11B
MDT:
$7.11B
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Return for Risk
MELI vs. MDT — Risk / Return Rank
MELI
MDT
MELI vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and Medtronic plc (MDT). 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.
| MELI | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.98 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | -0.17 | -0.70 |
| Martin ratioReturn relative to average drawdown | -1.54 | -0.43 | -1.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MELI | MDT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | -0.23 | -0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | -0.24 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.09 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.47 | -0.03 |
Drawdowns
MELI vs. MDT - Drawdown Comparison
The maximum MELI drawdown since its inception was -89.49%, which is greater than MDT's maximum drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for MELI and MDT.
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Drawdown Indicators
| MELI | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -57.63% | -31.86% |
Max Drawdown (1Y)Largest decline over 1 year | -40.82% | -28.90% | -11.92% |
Max Drawdown (3Y)Largest decline over 3 years | -40.82% | -28.90% | -11.92% |
Max Drawdown (5Y)Largest decline over 5 years | -68.64% | -45.10% | -23.54% |
Max Drawdown (10Y)Largest decline over 10 years | -69.12% | -45.10% | -24.02% |
Current DrawdownCurrent decline from peak | -38.32% | -30.81% | -7.51% |
Average DrawdownAverage peak-to-trough decline | -23.58% | -16.54% | -7.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.74% | 11.17% | +11.57% |
Volatility
MELI vs. MDT - Volatility Comparison
MercadoLibre, Inc. (MELI) has a higher volatility of 17.04% compared to Medtronic plc (MDT) at 10.04%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MELI | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.04% | 10.04% | +7.00% |
Volatility (6M)Calculated over the trailing 6-month period | 30.13% | 16.19% | +13.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.42% | 20.95% | +18.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.68% | 21.93% | +27.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.89% | 23.24% | +25.65% |
Dividends
MELI vs. MDT - Dividend Comparison
MELI has not paid dividends to shareholders, while MDT's dividend yield for the trailing twelve months is around 3.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | 3.52% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
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. MDT - Financials Comparison
This section allows you to compare key financial metrics between MercadoLibre, Inc. and Medtronic plc. 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
Frequently Asked Questions
MELI and MDT have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MELI has higher volatility (17.04%) compared to MDT (10.04%). In terms of maximum drawdown, MELI dropped -89.49% vs MDT's -57.63%.
MDT currently has the higher Sharpe Ratio (-0.23 vs -0.89), 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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