MLB1.DE vs. SPY
Compare and contrast key facts about Mercadolibre Inc (MLB1.DE) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLB1.DE or SPY.
Correlation
The correlation between MLB1.DE and SPY is 0.35, 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.
Performance
MLB1.DE vs. SPY - Performance Comparison
Key characteristics
MLB1.DE:
0.52
SPY:
1.88
MLB1.DE:
0.95
SPY:
2.53
MLB1.DE:
1.14
SPY:
1.35
MLB1.DE:
0.79
SPY:
2.83
MLB1.DE:
2.57
SPY:
11.74
MLB1.DE:
7.62%
SPY:
2.02%
MLB1.DE:
37.62%
SPY:
12.64%
MLB1.DE:
-63.94%
SPY:
-55.19%
MLB1.DE:
-1.78%
SPY:
-0.42%
Returns By Period
In the year-to-date period, MLB1.DE achieves a 19.16% return, which is significantly higher than SPY's 4.15% return.
MLB1.DE
19.16%
9.49%
9.59%
23.32%
23.32%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
MLB1.DE vs. SPY — Risk-Adjusted Performance Rank
MLB1.DE
SPY
MLB1.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercadolibre Inc (MLB1.DE) and SPDR S&P 500 ETF (SPY). 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.
Dividends
MLB1.DE vs. SPY - Dividend Comparison
MLB1.DE has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLB1.DE Mercadolibre Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
MLB1.DE vs. SPY - Drawdown Comparison
The maximum MLB1.DE drawdown since its inception was -63.94%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for MLB1.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
MLB1.DE vs. SPY - Volatility Comparison
Mercadolibre Inc (MLB1.DE) has a higher volatility of 9.63% compared to SPDR S&P 500 ETF (SPY) at 2.88%. This indicates that MLB1.DE's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.