MELI vs. MS
MELI (MercadoLibre, Inc.) and MS (Morgan Stanley) are both stocks. MELI operates in Internet Retail (Consumer Cyclical), while MS operates in Capital Markets (Financial Services). Over the past 10 years, MELI returned 28.28%/yr vs 27.13%/yr for MS. At a 0.36 correlation, their price movements are largely independent.
Performance
MELI vs. MS - 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 MS's 20.86% return. Both investments have delivered pretty close results over the past 10 years, with MELI having a 28.28% annualized return and MS not far behind at 27.13%.
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%
MS
- 1D
- 0.15%
- 1M
- 9.92%
- YTD
- 20.86%
- 6M
- 21.34%
- 1Y
- 64.89%
- 3Y*
- 39.40%
- 5Y*
- 21.89%
- 10Y*
- 27.13%
MELI vs. MS - 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% |
MS Morgan Stanley | 20.86% | 45.16% | 39.73% | 13.93% | -10.34% | 46.65% | 38.09% | 32.67% | -22.76% | 26.61% |
Correlation
The correlation between MELI and MS is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2007 | 0.36 |
Fundamentals
MELI:
$81.72B
MS:
$338.10B
MELI:
$37.87
MS:
$11.41
MELI:
42.56
MS:
18.59
MELI:
0.25
MS:
1.75
MELI:
2.66
MS:
2.81
MELI:
11.22
MS:
3.23
MELI:
$30.67B
MS:
$120.22B
MELI:
$13.95B
MS:
$69.72B
MELI:
$3.11B
MS:
$27.21B
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Return for Risk
MELI vs. MS — Risk / Return Rank
MELI
MS
MELI vs. MS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and Morgan Stanley (MS). 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 | MS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.44 | ||
| Sortino ratioReturn per unit of downside risk | -4.30 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.43 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | 3.46 | -4.33 |
| Martin ratioReturn relative to average drawdown | -1.54 | 11.46 | -13.00 |
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 | MS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | 2.55 | -3.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.77 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.86 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.29 | +0.15 |
Drawdowns
MELI vs. MS - Drawdown Comparison
The maximum MELI drawdown since its inception was -89.49%, roughly equal to the maximum MS drawdown of -88.12%. Use the drawdown chart below to compare losses from any high point for MELI and MS.
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Drawdown Indicators
| MELI | MS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -88.12% | -1.37% |
Max Drawdown (1Y)Largest decline over 1 year | -40.82% | -18.83% | -21.99% |
Max Drawdown (3Y)Largest decline over 3 years | -40.82% | -29.24% | -11.58% |
Max Drawdown (5Y)Largest decline over 5 years | -68.64% | -32.38% | -36.26% |
Max Drawdown (10Y)Largest decline over 10 years | -69.12% | -51.33% | -17.79% |
Current DrawdownCurrent decline from peak | -38.32% | -2.76% | -35.56% |
Average DrawdownAverage peak-to-trough decline | -23.58% | -33.70% | +10.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.74% | 5.68% | +17.06% |
Volatility
MELI vs. MS - Volatility Comparison
MercadoLibre, Inc. (MELI) has a higher volatility of 17.04% compared to Morgan Stanley (MS) at 8.06%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than MS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MELI | MS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.04% | 8.06% | +8.98% |
Volatility (6M)Calculated over the trailing 6-month period | 30.13% | 21.21% | +8.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.42% | 25.62% | +13.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.68% | 28.72% | +20.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.89% | 31.51% | +17.38% |
Dividends
MELI vs. MS - Dividend Comparison
MELI has not paid dividends to shareholders, while MS's dividend yield for the trailing twelve months is around 1.88%.
| 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% |
MS Morgan Stanley | 1.88% | 2.17% | 2.82% | 3.49% | 3.47% | 2.14% | 2.04% | 2.54% | 2.77% | 1.72% | 1.66% | 1.73% |
Financials
MELI vs. MS - Financials Comparison
This section allows you to compare key financial metrics between MercadoLibre, Inc. and Morgan Stanley. 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. MS - 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%.
MS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a gross profit of 20.48B and revenue of 33.15B. Therefore, the gross margin over that period was 61.8%.
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%.
MS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported an operating income of 7.01B and revenue of 33.15B, resulting in an operating margin of 21.2%.
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%.
MS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Morgan Stanley reported a net income of 5.64B and revenue of 33.15B, resulting in a net margin of 17.0%.
Frequently Asked Questions
MELI and MS have a correlation of 0.30, 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 MS (8.06%). In terms of maximum drawdown, MELI dropped -89.49% vs MS's -88.12%.
MS currently has the higher Sharpe Ratio (2.55 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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