MELI vs. VGT
Compare and contrast key facts about MercadoLibre, Inc. (MELI) and Vanguard Information Technology ETF (VGT).
VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MELI or VGT.
Performance
MELI vs. VGT - Performance Comparison
Returns By Period
In the year-to-date period, MELI achieves a 20.73% return, which is significantly lower than VGT's 25.23% return. Over the past 10 years, MELI has outperformed VGT with an annualized return of 30.39%, while VGT has yielded a comparatively lower 20.52% annualized return.
MELI
20.73%
-8.77%
8.47%
31.03%
28.83%
30.39%
VGT
25.23%
0.64%
13.55%
33.20%
21.96%
20.52%
Key characteristics
| MELI | VGT | |
|---|---|---|
| Sharpe Ratio | 0.80 | 1.60 |
| Sortino Ratio | 1.23 | 2.11 |
| Omega Ratio | 1.18 | 1.29 |
| Calmar Ratio | 0.92 | 2.20 |
| Martin Ratio | 3.01 | 7.92 |
| Ulcer Index | 9.68% | 4.23% |
| Daily Std Dev | 36.66% | 20.99% |
| Max Drawdown | -89.49% | -54.63% |
| Current Drawdown | -11.34% | -3.62% |
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Correlation
The correlation between MELI and VGT is 0.57, 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.
Risk-Adjusted Performance
MELI vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and Vanguard Information Technology ETF (VGT). 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.
Dividends
MELI vs. VGT - Dividend Comparison
MELI has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.62%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MELI MercadoLibre, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.38% | 0.36% | 0.52% | 0.53% |
VGT Vanguard Information Technology ETF | 0.62% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
MELI vs. VGT - Drawdown Comparison
The maximum MELI drawdown since its inception was -89.49%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for MELI and VGT. For additional features, visit the drawdowns tool.
Volatility
MELI vs. VGT - Volatility Comparison
MercadoLibre, Inc. (MELI) has a higher volatility of 20.20% compared to Vanguard Information Technology ETF (VGT) at 6.52%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.