MINT vs. MELI
MINT (PIMCO Enhanced Short Maturity Active ETF) is Ultrashort Bond fund actively managed by PIMCO, while MELI (MercadoLibre, Inc.) is a stock. Over the past 10 years, MINT returned 2.74%/yr vs 28.13%/yr for MELI. At a correlation of -0.02, they often move in opposite directions.
Performance
MINT vs. MELI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MINT achieves a 2.32% return, which is significantly higher than MELI's -9.03% return. Over the past 10 years, MINT has underperformed MELI with an annualized return of 2.74%, while MELI has yielded a comparatively higher 28.13% annualized return.
MINT
- 1D
- 0.01%
- 1M
- 0.25%
- 6M
- 2.09%
- YTD
- 2.32%
- 1Y
- 4.54%
- 3Y*
- 5.27%
- 5Y*
- 3.57%
- 10Y*
- 2.74%
- ALL TIME*
- 2.09%
MELI
- 1D
- 1.02%
- 1M
- 12.06%
- 6M
- -11.69%
- YTD
- -9.03%
- 1Y
- -24.08%
- 3Y*
- 14.49%
- 5Y*
- 3.40%
- 10Y*
- 28.13%
- ALL TIME*
- 26.51%
MINT vs. MELI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MINT PIMCO Enhanced Short Maturity Active ETF | 2.32% | 4.74% | 5.94% | 6.26% | -1.01% | -0.03% | 1.62% | 3.34% | 1.72% | 1.86% |
MELI MercadoLibre, Inc. | -9.03% | 18.46% | 8.20% | 85.71% | -37.24% | -19.51% | 192.90% | 95.30% | -6.93% | 101.99% |
Correlation
The correlation between MINT and MELI is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2009 | -0.02 |
The correlation between MINT and MELI shifts across timeframes, from -0.07 (1 year) to 0.07 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MINT vs. MELI — Risk / Return Rank
MINT
MELI
MINT vs. MELI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Short Maturity Active ETF (MINT) and MercadoLibre, Inc. (MELI). 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.
| MINT | MELI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +16.84 | ||
| Sortino ratioReturn per unit of downside risk | +55.59 | ||
| Omega ratioGain probability vs. loss probability | 16.66 | 0.92 | +15.74 |
| Calmar ratioReturn relative to maximum drawdown | 91.62 | -0.63 | +92.25 |
| Martin ratioReturn relative to average drawdown | 786.27 | -1.06 | +787.33 |
Loading charts...
Drawdowns
MINT vs. MELI - Drawdown Comparison
The maximum MINT drawdown since its inception was -4.62%, smaller than the maximum MELI drawdown of -89.49%. Use the drawdown chart below to compare losses from any high point for MINT and MELI.
Loading charts...
Drawdown Indicators
| MINT | MELI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.62% | -89.49% | +84.87% |
Max Drawdown (1Y)Largest decline over 1 year | -0.05% | -38.40% | +38.35% |
Max Drawdown (3Y)Largest decline over 3 years | -0.16% | -40.82% | +40.66% |
Max Drawdown (5Y)Largest decline over 5 years | -2.42% | -68.64% | +66.22% |
Max Drawdown (10Y)Largest decline over 10 years | -4.62% | -69.12% | +64.50% |
Current DrawdownCurrent decline from peak | 0.00% | -29.89% | +29.89% |
Average DrawdownAverage peak-to-trough decline | -0.17% | -23.63% | +23.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 22.69% | -22.68% |
Volatility
MINT vs. MELI - Volatility Comparison
The current volatility for PIMCO Enhanced Short Maturity Active ETF (MINT) is 0.11%, while MercadoLibre, Inc. (MELI) has a volatility of 8.75%. This indicates that MINT experiences smaller price fluctuations and is considered to be less risky than MELI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MINT | MELI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.11% | 8.75% | -8.64% |
Volatility (6M)Calculated over the trailing 6-month period | 0.22% | 29.45% | -29.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.28% | 39.82% | -39.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.58% | 49.77% | -49.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.95% | 48.89% | -47.94% |
Dividends
MINT vs. MELI - Dividend Comparison
MINT's dividend yield for the trailing twelve months is around 4.22%, while MELI has not 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% |
MINT PIMCO Enhanced Short Maturity Active ETF | 4.22% | 4.63% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% |
Frequently Asked Questions
MINT and MELI have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MELI has higher volatility (8.75%) compared to MINT (0.11%). In terms of maximum drawdown, MINT dropped -4.62% vs MELI's -89.49%.
MINT currently has the higher Sharpe Ratio (16.23 vs -0.61), 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.
Find the right allocation for MINT and MELI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer