MELI vs. MINT
MELI (MercadoLibre, Inc.) is a stock, while MINT (PIMCO Enhanced Short Maturity Active ETF) is Ultrashort Bond fund actively managed by PIMCO. Over the past 10 years, MELI returned 28.13%/yr vs 2.74%/yr for MINT. At a correlation of -0.02, they often move in opposite directions.
Performance
MELI vs. MINT - 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 MINT's 2.32% return. Over the past 10 years, MELI has outperformed MINT with an annualized return of 28.13%, while MINT has yielded a comparatively lower 2.74% 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%
MINT
- 1D
- 0.01%
- 1M
- 0.25%
- 6M
- 2.09%
- YTD
- 2.32%
- 1Y
- 4.54%
- 3Y*
- 5.27%
- 5Y*
- 3.57%
- 10Y*
- 2.74%
- ALL TIME*
- 2.09%
MELI vs. MINT - 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% |
MINT PIMCO Enhanced Short Maturity Active ETF | 2.32% | 4.74% | 5.94% | 6.26% | -1.01% | -0.03% | 1.62% | 3.34% | 1.72% | 1.86% |
Correlation
The correlation between MELI and MINT is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2009 | -0.02 |
The correlation between MELI and MINT shifts across timeframes, from -0.07 (1 year) to 0.07 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MELI vs. MINT — Risk / Return Rank
MELI
MINT
MELI vs. MINT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and PIMCO Enhanced Short Maturity Active ETF (MINT). 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 | MINT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -16.84 | ||
| Sortino ratioReturn per unit of downside risk | -55.59 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 16.66 | -15.74 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 91.62 | -92.25 |
| Martin ratioReturn relative to average drawdown | -1.06 | 786.27 | -787.33 |
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Drawdowns
MELI vs. MINT - Drawdown Comparison
The maximum MELI drawdown since its inception was -89.49%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for MELI and MINT.
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Drawdown Indicators
| MELI | MINT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -4.62% | -84.87% |
Max Drawdown (1Y)Largest decline over 1 year | -38.40% | -0.05% | -38.35% |
Max Drawdown (3Y)Largest decline over 3 years | -40.82% | -0.16% | -40.66% |
Max Drawdown (5Y)Largest decline over 5 years | -68.64% | -2.42% | -66.22% |
Max Drawdown (10Y)Largest decline over 10 years | -69.12% | -4.62% | -64.50% |
Current DrawdownCurrent decline from peak | -29.89% | 0.00% | -29.89% |
Average DrawdownAverage peak-to-trough decline | -23.63% | -0.17% | -23.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.69% | 0.01% | +22.68% |
Volatility
MELI vs. MINT - Volatility Comparison
MercadoLibre, Inc. (MELI) has a higher volatility of 8.75% compared to PIMCO Enhanced Short Maturity Active ETF (MINT) at 0.11%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MELI | MINT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.75% | 0.11% | +8.64% |
Volatility (6M)Calculated over the trailing 6-month period | 29.45% | 0.22% | +29.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.82% | 0.28% | +39.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.77% | 0.58% | +49.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.89% | 0.95% | +47.94% |
Dividends
MELI vs. MINT - Dividend Comparison
MELI has not paid dividends to shareholders, while MINT's dividend yield for the trailing twelve months is around 4.22%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
MINT PIMCO Enhanced Short Maturity Active ETF | 4.22% | 4.63% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% |
Frequently Asked Questions
MELI and MINT have a correlation of -0.07, 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 MINT (0.11%). In terms of maximum drawdown, MELI dropped -89.49% vs MINT's -4.62%.
MINT currently has the higher Sharpe Ratio (16.23 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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