MELI vs. VBIL
MELI (MercadoLibre, Inc.) is a stock, while VBIL (Vanguard 0-3 Month Treasury Bill ETF) is Ultrashort Bond fund tracking the Bloomberg US Treasury Bills 0-3 Months Index. Over the past year, MELI returned -34.38% vs 3.93% for VBIL. At a correlation of -0.06, they often move in opposite directions.
Performance
MELI vs. VBIL - Performance Comparison
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Returns By Period
In the year-to-date period, MELI achieves a -17.61% return, which is significantly lower than VBIL's 1.71% return.
MELI
- 1D
- 4.79%
- 1M
- -0.29%
- YTD
- -17.61%
- 6M
- -16.95%
- 1Y
- -34.38%
- 3Y*
- 10.61%
- 5Y*
- 1.48%
- 10Y*
- 28.87%
VBIL
- 1D
- 0.00%
- 1M
- 0.30%
- YTD
- 1.71%
- 6M
- 1.79%
- 1Y
- 3.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MELI vs. VBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MELI MercadoLibre, Inc. | -17.61% | -1.37% |
VBIL Vanguard 0-3 Month Treasury Bill ETF | 1.71% | 3.73% |
Correlation
The correlation between MELI and VBIL is -0.08, 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 | -0.08 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2025 | -0.06 |
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Return for Risk
MELI vs. VBIL — Risk / Return Rank
MELI
VBIL
MELI vs. VBIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and Vanguard 0-3 Month Treasury Bill ETF (VBIL). 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 | VBIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -19.12 | ||
| Sortino ratioReturn per unit of downside risk | -122.66 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 45.76 | -44.90 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 297.45 | -298.30 |
| Martin ratioReturn relative to average drawdown | -1.43 | 1,967.36 | -1,968.79 |
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Drawdowns
MELI vs. VBIL - Drawdown Comparison
The maximum MELI drawdown since its inception was -89.49%, which is greater than VBIL's maximum drawdown of -0.09%. Use the drawdown chart below to compare losses from any high point for MELI and VBIL.
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Drawdown Indicators
| MELI | VBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -0.09% | -89.40% |
Max Drawdown (1Y)Largest decline over 1 year | -40.82% | -0.01% | -40.81% |
Max Drawdown (3Y)Largest decline over 3 years | -40.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -68.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -69.12% | — | — |
Current DrawdownCurrent decline from peak | -36.50% | 0.00% | -36.50% |
Average DrawdownAverage peak-to-trough decline | -23.60% | -0.00% | -23.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.07% | 0.00% | +24.07% |
Volatility
MELI vs. VBIL - Volatility Comparison
MercadoLibre, Inc. (MELI) has a higher volatility of 10.33% compared to Vanguard 0-3 Month Treasury Bill ETF (VBIL) at 0.05%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than VBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MELI | VBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.33% | 0.05% | +10.28% |
Volatility (6M)Calculated over the trailing 6-month period | 30.26% | 0.15% | +30.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.85% | 0.22% | +39.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.74% | 0.29% | +49.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.92% | 0.29% | +48.63% |
Dividends
MELI vs. VBIL - Dividend Comparison
MELI has not paid dividends to shareholders, while VBIL's dividend yield for the trailing twelve months is around 3.65%.
| 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% |
VBIL Vanguard 0-3 Month Treasury Bill ETF | 3.65% | 3.12% | 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 VBIL have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MELI has higher volatility (10.33%) compared to VBIL (0.05%). In terms of maximum drawdown, MELI dropped -89.49% vs VBIL's -0.09%.
VBIL currently has the higher Sharpe Ratio (18.25 vs -0.87), 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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