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MELI vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MELI and QQQ is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

MELI vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MercadoLibre, Inc. (MELI) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%2,000.00%4,000.00%6,000.00%8,000.00%NovemberDecember2025FebruaryMarchApril
7,959.88%
1,056.78%
MELI
QQQ

Key characteristics

Sharpe Ratio

MELI:

1.48

QQQ:

0.47

Sortino Ratio

MELI:

2.01

QQQ:

0.82

Omega Ratio

MELI:

1.27

QQQ:

1.11

Calmar Ratio

MELI:

1.90

QQQ:

0.52

Martin Ratio

MELI:

6.62

QQQ:

1.79

Ulcer Index

MELI:

9.00%

QQQ:

6.64%

Daily Std Dev

MELI:

40.34%

QQQ:

25.28%

Max Drawdown

MELI:

-89.49%

QQQ:

-82.98%

Current Drawdown

MELI:

-1.51%

QQQ:

-12.28%

Returns By Period

In the year-to-date period, MELI achieves a 30.90% return, which is significantly higher than QQQ's -7.43% return. Over the past 10 years, MELI has outperformed QQQ with an annualized return of 32.05%, while QQQ has yielded a comparatively lower 16.64% annualized return.


MELI

YTD

30.90%

1M

7.27%

6M

8.72%

1Y

63.21%

5Y*

31.34%

10Y*

32.05%

QQQ

YTD

-7.43%

1M

-2.44%

6M

-4.30%

1Y

12.01%

5Y*

17.97%

10Y*

16.64%

*Annualized

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Risk-Adjusted Performance

MELI vs. QQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MELI
The Risk-Adjusted Performance Rank of MELI is 8989
Overall Rank
The Sharpe Ratio Rank of MELI is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of MELI is 8686
Sortino Ratio Rank
The Omega Ratio Rank of MELI is 8585
Omega Ratio Rank
The Calmar Ratio Rank of MELI is 9393
Calmar Ratio Rank
The Martin Ratio Rank of MELI is 9191
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5757
Overall Rank
The Sharpe Ratio Rank of QQQ is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5656
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5656
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6262
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5555
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MELI vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and Invesco QQQ (QQQ). 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.


The chart of Sharpe ratio for MELI, currently valued at 1.48, compared to the broader market-2.00-1.000.001.002.003.00
MELI: 1.48
QQQ: 0.47
The chart of Sortino ratio for MELI, currently valued at 2.01, compared to the broader market-6.00-4.00-2.000.002.004.00
MELI: 2.01
QQQ: 0.82
The chart of Omega ratio for MELI, currently valued at 1.27, compared to the broader market0.501.001.502.00
MELI: 1.27
QQQ: 1.11
The chart of Calmar ratio for MELI, currently valued at 1.90, compared to the broader market0.001.002.003.004.005.00
MELI: 1.90
QQQ: 0.52
The chart of Martin ratio for MELI, currently valued at 6.62, compared to the broader market-5.000.005.0010.0015.0020.00
MELI: 6.62
QQQ: 1.79

The current MELI Sharpe Ratio is 1.48, which is higher than the QQQ Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of MELI and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2025FebruaryMarchApril
1.48
0.47
MELI
QQQ

Dividends

MELI vs. QQQ - Dividend Comparison

MELI has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.63%.


TTM20242023202220212020201920182017201620152014
MELI
MercadoLibre, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.19%0.38%0.36%0.52%
QQQ
Invesco QQQ
0.63%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

MELI vs. QQQ - Drawdown Comparison

The maximum MELI drawdown since its inception was -89.49%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for MELI and QQQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.51%
-12.28%
MELI
QQQ

Volatility

MELI vs. QQQ - Volatility Comparison

The current volatility for MercadoLibre, Inc. (MELI) is 14.82%, while Invesco QQQ (QQQ) has a volatility of 16.86%. This indicates that MELI experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
14.82%
16.86%
MELI
QQQ