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

Performance

MELI vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MercadoLibre, Inc. (MELI) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
11.20%
12.21%
MELI
VOO

Returns By Period

In the year-to-date period, MELI achieves a 22.89% return, which is significantly lower than VOO's 25.52% return. Over the past 10 years, MELI has outperformed VOO with an annualized return of 30.35%, while VOO has yielded a comparatively lower 13.15% annualized return.


MELI

YTD

22.89%

1M

-8.06%

6M

11.20%

1Y

29.14%

5Y (annualized)

27.94%

10Y (annualized)

30.35%

VOO

YTD

25.52%

1M

1.19%

6M

12.21%

1Y

32.23%

5Y (annualized)

15.58%

10Y (annualized)

13.15%

Key characteristics


MELIVOO
Sharpe Ratio0.832.62
Sortino Ratio1.273.50
Omega Ratio1.191.49
Calmar Ratio0.963.78
Martin Ratio3.1217.12
Ulcer Index9.71%1.86%
Daily Std Dev36.56%12.19%
Max Drawdown-89.49%-33.99%
Current Drawdown-9.76%-1.36%

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Correlation

-0.50.00.51.00.5

The correlation between MELI and VOO 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.

Risk-Adjusted Performance

MELI vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for MELI, currently valued at 0.83, compared to the broader market-4.00-2.000.002.004.000.832.62
The chart of Sortino ratio for MELI, currently valued at 1.27, compared to the broader market-4.00-2.000.002.004.001.273.50
The chart of Omega ratio for MELI, currently valued at 1.19, compared to the broader market0.501.001.502.001.191.49
The chart of Calmar ratio for MELI, currently valued at 0.96, compared to the broader market0.002.004.006.000.963.78
The chart of Martin ratio for MELI, currently valued at 3.12, compared to the broader market-10.000.0010.0020.0030.003.1217.12
MELI
VOO

The current MELI Sharpe Ratio is 0.83, which is lower than the VOO Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of MELI and VOO, 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 Ratio0.501.001.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
0.83
2.62
MELI
VOO

Dividends

MELI vs. VOO - Dividend Comparison

MELI has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.25%.


TTM20232022202120202019201820172016201520142013
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%
VOO
Vanguard S&P 500 ETF
1.25%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

MELI vs. VOO - Drawdown Comparison

The maximum MELI drawdown since its inception was -89.49%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MELI and VOO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-9.76%
-1.36%
MELI
VOO

Volatility

MELI vs. VOO - Volatility Comparison

MercadoLibre, Inc. (MELI) has a higher volatility of 20.24% compared to Vanguard S&P 500 ETF (VOO) at 4.10%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
20.24%
4.10%
MELI
VOO