MELI vs. VUAA.L
MELI (MercadoLibre, Inc.) is a stock, while VUAA.L (Vanguard S&P 500 UCITS ETF USD Accumulation) is S&P 500 fund tracking the S&P 500 Net Total Return. Over the past 5 years, MELI returned 2.68%/yr vs 13.22%/yr for VUAA.L. At a 0.33 correlation, their price movements are largely independent.
Performance
MELI vs. VUAA.L - Performance Comparison
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Returns By Period
In the year-to-date period, MELI achieves a -21.08% return, which is significantly lower than VUAA.L's 8.41% return.
MELI
- 1D
- -1.27%
- 1M
- -1.11%
- YTD
- -21.08%
- 6M
- -21.15%
- 1Y
- -32.98%
- 3Y*
- 9.54%
- 5Y*
- 2.68%
- 10Y*
- 28.09%
VUAA.L
- 1D
- 2.02%
- 1M
- -0.83%
- YTD
- 8.41%
- 6M
- 9.69%
- 1Y
- 24.92%
- 3Y*
- 20.75%
- 5Y*
- 13.22%
- 10Y*
- —
MELI vs. VUAA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MELI MercadoLibre, Inc. | -21.08% | 18.46% | 8.20% | 85.71% | -37.24% | -19.51% | 192.90% | 5.32% |
VUAA.L Vanguard S&P 500 UCITS ETF USD Accumulation | 8.41% | 17.37% | 25.27% | 26.68% | -18.63% | 29.34% | 20.33% | 14.82% |
Correlation
The correlation between MELI and VUAA.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 14, 2019 | 0.33 |
The correlation between MELI and VUAA.L shifts across timeframes, from 0.21 (1 year) to 0.34 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MELI vs. VUAA.L — Risk / Return Rank
MELI
VUAA.L
MELI vs. VUAA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L). 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 | VUAA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.87 | ||
| Sortino ratioReturn per unit of downside risk | -4.04 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.37 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.81 | 2.99 | -3.80 |
| Martin ratioReturn relative to average drawdown | -1.42 | 12.46 | -13.87 |
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Drawdowns
MELI vs. VUAA.L - Drawdown Comparison
The maximum MELI drawdown since its inception was -89.49%, which is greater than VUAA.L's maximum drawdown of -34.05%. Use the drawdown chart below to compare losses from any high point for MELI and VUAA.L.
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Drawdown Indicators
| MELI | VUAA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -34.05% | -55.44% |
Max Drawdown (1Y)Largest decline over 1 year | -40.82% | -8.18% | -32.64% |
Max Drawdown (3Y)Largest decline over 3 years | -40.82% | -18.39% | -22.43% |
Max Drawdown (5Y)Largest decline over 5 years | -68.64% | -24.36% | -44.28% |
Max Drawdown (10Y)Largest decline over 10 years | -69.12% | — | — |
Current DrawdownCurrent decline from peak | -39.18% | -2.26% | -36.92% |
Average DrawdownAverage peak-to-trough decline | -23.58% | -4.99% | -18.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.24% | 1.97% | +21.27% |
Volatility
MELI vs. VUAA.L - Volatility Comparison
MercadoLibre, Inc. (MELI) has a higher volatility of 9.96% compared to Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L) at 3.99%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than VUAA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MELI | VUAA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.96% | 3.99% | +5.97% |
Volatility (6M)Calculated over the trailing 6-month period | 29.79% | 9.03% | +20.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.48% | 12.03% | +27.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.65% | 16.05% | +33.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.88% | 17.81% | +31.07% |
Dividends
MELI vs. VUAA.L - Dividend Comparison
Neither MELI nor VUAA.L has paid dividends to shareholders.
| 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% |
VUAA.L Vanguard S&P 500 UCITS ETF USD Accumulation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MELI and VUAA.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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