MELI vs. YPF

Last updated Apr 1, 2026

Compare and contrast key facts about MercadoLibre, Inc. (MELI) and YPF Sociedad Anónima (YPF).

Performance

MELI vs. YPF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MercadoLibre, Inc. (MELI) and YPF Sociedad Anónima (YPF). The values are adjusted to include any dividend payments, if applicable.

MELI vs. YPF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MELI MercadoLibre, Inc.	-14.16%	18.46%	8.20%	85.71%	-37.24%	-19.51%	192.90%	95.30%	-6.93%	101.99%
YPF YPF Sociedad Anónima	27.82%	-14.94%	147.29%	87.05%	140.58%	-18.72%	-59.41%	-12.86%	-41.18%	39.31%

Fundamentals

Market Cap MELI : $87.66B YPF : $18.10B
EPS MELI : $39.39 YPF : -$619.86
PS Ratio MELI : 3.03 YPF : 0.00
PB Ratio MELI : 12.99 YPF : 1.67
Total Revenue (TTM) MELI : $28.89B YPF : $16.69T
Gross Profit (TTM) MELI : $12.86B YPF : $4.54T
EBITDA (TTM) MELI : $4.02B YPF : $4.23T

Returns By Period

In the year-to-date period, MELI achieves a -14.16% return, which is significantly lower than YPF's 27.82% return. Over the past 10 years, MELI has outperformed YPF with an annualized return of 30.58%, while YPF has yielded a comparatively lower 10.45% annualized return.

MELI

• 1D: 6.78%
• 1M: -1.62%
• YTD: -14.16%
• 6M: -26.01%
• 1Y: -11.37%
• 3Y*: 9.47%
• 5Y*: 2.74%
• 10Y*: 30.58%

YPF

• 1D: 0.22%
• 1M: 30.60%
• YTD: 27.82%
• 6M: 90.28%
• 1Y: 31.91%
• 3Y*: 61.46%
• 5Y*: 61.25%
• 10Y*: 10.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MELI vs. YPF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MELI

MELI Risk / Return Rank: 28
MELI Sharpe Ratio Rank: 29
MELI Sortino Ratio Rank: 27
MELI Omega Ratio Rank: 27
MELI Calmar Ratio Rank: 30
MELI Martin Ratio Rank: 27

YPF

YPF Risk / Return Rank: 60
YPF Sharpe Ratio Rank: 62
YPF Sortino Ratio Rank: 63
YPF Omega Ratio Rank: 61
YPF Calmar Ratio Rank: 58
YPF Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MELI vs. YPF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MercadoLibre, Inc. (MELI) and YPF Sociedad Anónima (YPF). 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	YPF	Difference
Sharpe ratio Return per unit of total volatility	-0.29	0.56	-0.85
Sortino ratio Return per unit of downside risk	-0.16	1.24	-1.40
Omega ratio Gain probability vs. loss probability	0.98	1.16	-0.18
Calmar ratio Return relative to maximum drawdown	-0.40	0.65	-1.06
Martin ratio Return relative to average drawdown	-0.89	1.65	-2.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MELI vs. YPF - Sharpe Ratio Comparison

The current MELI Sharpe Ratio is -0.29, which is lower than the YPF Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of MELI and YPF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MELI	YPF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.29	0.56	-0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	1.12	-1.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.19	+0.44
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.16	+0.30

Correlation

The correlation between MELI and YPF is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MELI vs. YPF - Dividend Comparison

Neither MELI nor YPF has paid dividends to shareholders.

	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%
YPF YPF Sociedad Anónima	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.19%	0.60%	0.32%	0.66%	0.80%

Drawdowns

MELI vs. YPF - Drawdown Comparison

The maximum MELI drawdown since its inception was -89.49%, smaller than the maximum YPF drawdown of -94.58%. Use the drawdown chart below to compare losses from any high point for MELI and YPF.

Drawdown Indicators

	MELI	YPF	Difference
Max Drawdown Largest peak-to-trough decline	-89.49%	-94.58%	+5.09%
Max Drawdown (1Y) Largest decline over 1 year	-38.80%	-36.23%	-2.57%
Max Drawdown (5Y) Largest decline over 5 years	-68.64%	-49.13%	-19.51%
Max Drawdown (10Y) Largest decline over 10 years	-69.12%	-90.08%	+20.96%
Current Drawdown Current decline from peak	-33.85%	-2.44%	-31.41%
Average Drawdown Average peak-to-trough decline	-23.47%	-39.31%	+15.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.45%	14.35%	+3.10%

Volatility

MELI vs. YPF - Volatility Comparison

MercadoLibre, Inc. (MELI) has a higher volatility of 12.28% compared to YPF Sociedad Anónima (YPF) at 11.08%. This indicates that MELI's price experiences larger fluctuations and is considered to be riskier than YPF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MELI	YPF	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.28%	11.08%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	31.85%	35.81%	-3.96%
Volatility (1Y) Calculated over the trailing 1-year period	39.25%	58.03%	-18.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.49%	55.06%	-5.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.62%	54.59%	-5.97%

Financials

MELI vs. YPF - Profitability Comparison

The chart below illustrates the profitability comparison between MercadoLibre, Inc. and YPF Sociedad Anónima over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MELI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, MercadoLibre, Inc. reported a gross profit of 3.78B and revenue of 8.76B. Therefore, the gross margin over that period was 43.2%.

YPF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, YPF Sociedad Anónima reported a gross profit of 1.31B and revenue of 4.54B. Therefore, the gross margin over that period was 28.9%.

MELI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, MercadoLibre, Inc. reported an operating income of 889.00M and revenue of 8.76B, resulting in an operating margin of 10.2%.

YPF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, YPF Sociedad Anónima reported an operating income of 584.00M and revenue of 4.54B, resulting in an operating margin of 12.9%.

MELI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, MercadoLibre, Inc. reported a net income of 559.00M and revenue of 8.76B, resulting in a net margin of 6.4%.

YPF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, YPF Sociedad Anónima reported a net income of -654.00M and revenue of 4.54B, resulting in a net margin of -14.4%.