MELI vs. XRP-USD
MELI (MercadoLibre, Inc.) is a stock, while XRP-USD (XRP) is a cryptocurrency. Over the past 5 years, MELI returned 4.13%/yr vs 4.64%/yr for XRP-USD. At a 0.14 correlation, their price movements are largely independent.
Performance
MELI vs. XRP-USD - Performance Comparison
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Returns By Period
In the year-to-date period, MELI achieves a -19.97% return, which is significantly higher than XRP-USD's -37.24% 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%
XRP-USD
- 1D
- -0.09%
- 1M
- -18.75%
- YTD
- -37.24%
- 6M
- -44.31%
- 1Y
- -49.12%
- 3Y*
- 28.98%
- 5Y*
- 4.64%
- 10Y*
- —
MELI vs. XRP-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MELI MercadoLibre, Inc. | -19.97% | 18.46% | 8.20% | 85.71% | -37.24% | -19.51% | 192.90% | 95.30% | -6.93% | 101.99% |
XRP-USD XRP | -37.24% | -11.56% | 237.88% | 81.04% | -59.10% | 278.06% | 13.98% | -45.31% | -84.67% | 38,242.83% |
Correlation
The correlation between MELI and XRP-USD 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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2017 | 0.14 |
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Return for Risk
MELI vs. XRP-USD — Risk / Return Rank
MELI
XRP-USD
MELI vs. XRP-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and XRP (XRP-USD). 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.
| MELI | XRP-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.90 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.86 | -0.71 | -0.15 |
| Martin ratioReturn relative to average drawdown | -1.54 | -1.13 | -0.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MELI | XRP-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | -0.73 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.05 | +0.03 |
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 | 0.54 | -0.10 |
Drawdowns
MELI vs. XRP-USD - Drawdown Comparison
The maximum MELI drawdown since its inception was -89.49%, smaller than the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for MELI and XRP-USD.
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Drawdown Indicators
| MELI | XRP-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.49% | -95.87% | +6.38% |
Max Drawdown (1Y)Largest decline over 1 year | -40.82% | -69.23% | +28.41% |
Max Drawdown (3Y)Largest decline over 3 years | -40.82% | -69.23% | +28.41% |
Max Drawdown (5Y)Largest decline over 5 years | -68.64% | -77.83% | +9.19% |
Max Drawdown (10Y)Largest decline over 10 years | -69.12% | — | — |
Current DrawdownCurrent decline from peak | -38.32% | -67.51% | +29.19% |
Average DrawdownAverage peak-to-trough decline | -23.58% | -71.01% | +47.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.74% | 43.98% | -21.24% |
Volatility
MELI vs. XRP-USD - Volatility Comparison
MercadoLibre, Inc. (MELI) has a higher volatility of 17.04% compared to XRP (XRP-USD) at 14.20%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MELI | XRP-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.04% | 14.20% | +2.84% |
Volatility (6M)Calculated over the trailing 6-month period | 30.13% | 46.00% | -15.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.42% | 56.17% | -16.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.68% | 72.40% | -22.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.89% | 111.80% | -62.91% |
Frequently Asked Questions
MELI and XRP-USD 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.
MELI has higher volatility (17.04%) compared to XRP-USD (14.20%). In terms of maximum drawdown, MELI dropped -89.49% vs XRP-USD's -95.87%.
XRP-USD currently has the higher Sharpe Ratio (-0.73 vs -0.89), 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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