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MELI vs. SEC0.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MELI vs. SEC0.DE

Last updated Jun 9, 2026

MELI (MercadoLibre, Inc.) is a stock, while SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) is Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Over the past 3 years, MELI returned 10.08%/yr vs 60.63%/yr for SEC0.DE. At a 0.33 correlation, their price movements are largely independent.

Performance

MELI vs. SEC0.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MercadoLibre, Inc. (MELI) and iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

MELI is traded in USD, while SEC0.DE is traded in EUR. To make them comparable, the SEC0.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, MELI achieves a -19.97% return, which is significantly lower than SEC0.DE's 95.79% 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%

SEC0.DE

1D
-2.75%
1M
13.61%
YTD
95.79%
6M
96.11%
1Y
193.22%
3Y*
60.63%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

MELI vs. SEC0.DE - Yearly Performance Comparison

2026 (YTD)20252024202320222021
MELI
MercadoLibre, Inc.		-19.97%18.46%8.20%85.71%-37.24%-24.51%
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (Acc)		95.79%54.06%13.94%66.10%-35.95%17.00%

Correlation

The correlation between MELI and SEC0.DE is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.15

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Aug 6, 2021

0.33

The correlation between MELI and SEC0.DE shifts across timeframes, from 0.15 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

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MercadoLibre, Inc.

iShares MSCI Global Semiconductors UCITS ETF USD (Acc)

Often compared with MELI:
MELI vs. AMZNMELI vs. CPNGMELI vs. VOOMELI vs. DISMELI vs. QQQMELI vs. PDDMELI vs. LLY
Often compared with SEC0.DE:
SEC0.DE vs. SMHSEC0.DE vs. VVSM.DESEC0.DE vs. SOXXSEC0.DE vs. HNSS.LSEC0.DE vs. EQQQ.LSEC0.DE vs. SPYL.DESEC0.DE vs. SXRV.DE

Return for Risk

MELI vs. SEC0.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MELI
MELI Risk / Return Rank: 88
Overall Rank
MELI Sharpe Ratio Rank: 77
Sharpe Ratio Rank
MELI Sortino Ratio Rank: 1010
Sortino Ratio Rank
MELI Omega Ratio Rank: 99
Omega Ratio Rank
MELI Calmar Ratio Rank: 88
Calmar Ratio Rank
MELI Martin Ratio Rank: 55
Martin Ratio Rank
SEC0.DE
SEC0.DE Risk / Return Rank: 9797
Overall Rank
SEC0.DE Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SEC0.DE Sortino Ratio Rank: 9797
Sortino Ratio Rank
SEC0.DE Omega Ratio Rank: 9595
Omega Ratio Rank
SEC0.DE Calmar Ratio Rank: 9898
Calmar Ratio Rank
SEC0.DE Martin Ratio Rank: 9898
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MELI vs. SEC0.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE). 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.

MELISEC0.DEDifference
Sharpe ratioReturn per unit of total volatility
-0.89
5.94

-6.83

Sortino ratioReturn per unit of downside risk
-1.14
5.92

-7.06

Omega ratioGain probability vs. loss probability

0.85

1.75

-0.90

Calmar ratioReturn relative to maximum drawdown

-0.86

13.24

-14.11

Martin ratioReturn relative to average drawdown

-1.54

49.42

-50.97

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MELI vs. SEC0.DE - Sharpe Ratio Comparison

The current MELI Sharpe Ratio is -0.89, which is lower than the SEC0.DE Sharpe Ratio of 5.94. The chart below compares the historical Sharpe Ratios of MELI and SEC0.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

MELISEC0.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.89

5.94

-6.83

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

1.11

-0.66

Drawdowns

MELI vs. SEC0.DE - Drawdown Comparison

The maximum MELI drawdown since its inception was -89.49%, which is greater than SEC0.DE's maximum drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for MELI and SEC0.DE.

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Drawdown Indicators

MELISEC0.DEDifference

Max Drawdown

Largest peak-to-trough decline

-89.49%

-45.36%

-44.13%

Max Drawdown (1Y)

Largest decline over 1 year

-40.82%

-14.80%

-26.02%

Max Drawdown (3Y)

Largest decline over 3 years

-40.82%

-38.70%

-2.12%

Max Drawdown (5Y)

Largest decline over 5 years

-68.64%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-69.12%

—

—

Current Drawdown

Current decline from peak

-38.32%

-2.75%

-35.57%

Average Drawdown

Average peak-to-trough decline

-23.58%

-13.42%

-10.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

22.74%

3.97%

+18.77%

Volatility

MELI vs. SEC0.DE - Volatility Comparison

MercadoLibre, Inc. (MELI) has a higher volatility of 17.04% compared to iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) at 13.56%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MELISEC0.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.04%

13.56%

+3.48%

Volatility (6M)

Calculated over the trailing 6-month period

30.13%

26.00%

+4.13%

Volatility (1Y)

Calculated over the trailing 1-year period

39.42%

33.01%

+6.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

49.68%

31.28%

+18.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

48.89%

31.28%

+17.61%

Dividends

MELI vs. SEC0.DE - Dividend Comparison

Neither MELI nor SEC0.DE has paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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%
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

MELI and SEC0.DE have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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