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PGY vs. MELI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

PGY vs. MELI

Last updated May 5, 2025

Compare and contrast key facts about Pagaya Technologies Ltd. (PGY) and MercadoLibre, Inc. (MELI).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGY or MELI.

Correlation

The correlation between PGY and MELI is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

-0.50.00.51.0
Correlation: 0.6

Performance

PGY vs. MELI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pagaya Technologies Ltd. (PGY) and MercadoLibre, Inc. (MELI). The values are adjusted to include any dividend payments, if applicable.
-100.00%-50.00%0.00%50.00%100.00%150.00%200.00%250.00%December2025FebruaryMarchAprilMay
-83.77%
226.45%
PGY
MELI

Key characteristics

Sharpe Ratio

PGY:

0.23

MELI:

1.40

Sortino Ratio

PGY:

1.00

MELI:

1.94

Omega Ratio

PGY:

1.13

MELI:

1.26

Calmar Ratio

PGY:

0.22

MELI:

2.12

Martin Ratio

PGY:

0.74

MELI:

6.26

Ulcer Index

PGY:

29.33%

MELI:

9.01%

Daily Std Dev

PGY:

96.41%

MELI:

40.39%

Max Drawdown

PGY:

-98.09%

MELI:

-89.49%

Current Drawdown

PGY:

-96.71%

MELI:

-2.15%

Fundamentals

Market Cap

PGY:

$891.53M

MELI:

$115.63B

EPS

PGY:

-$5.66

MELI:

$37.63

PEG Ratio

PGY:

0.07

MELI:

1.75

PS Ratio

PGY:

0.86

MELI:

5.60

PB Ratio

PGY:

2.73

MELI:

27.16

Total Revenue (TTM)

PGY:

$767.55M

MELI:

$16.44B

Gross Profit (TTM)

PGY:

$314.78M

MELI:

$7.55B

EBITDA (TTM)

PGY:

$62.16M

MELI:

$2.56B

Returns By Period

In the year-to-date period, PGY achieves a 27.45% return, which is significantly lower than MELI's 34.12% return.

PGY

YTD

27.45%

1M

23.33%

6M

1.37%

1Y

13.74%

5Y*

N/A

10Y*

N/A

MELI

YTD

34.12%

1M

23.86%

6M

10.99%

1Y

39.87%

5Y*

29.85%

10Y*

31.95%

*Annualized

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Risk-Adjusted Performance

PGY vs. MELI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PGY
The Risk-Adjusted Performance Rank of PGY is 6262
Overall Rank
The Sharpe Ratio Rank of PGY is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of PGY is 6464
Sortino Ratio Rank
The Omega Ratio Rank of PGY is 6464
Omega Ratio Rank
The Calmar Ratio Rank of PGY is 6262
Calmar Ratio Rank
The Martin Ratio Rank of PGY is 6060
Martin Ratio Rank
MELI
The Risk-Adjusted Performance Rank of MELI is 8888
Overall Rank
The Sharpe Ratio Rank of MELI is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of MELI is 8484
Sortino Ratio Rank
The Omega Ratio Rank of MELI is 8484
Omega Ratio Rank
The Calmar Ratio Rank of MELI is 9393
Calmar Ratio Rank
The Martin Ratio Rank of MELI is 8989
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PGY vs. MELI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pagaya Technologies Ltd. (PGY) 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.

The chart of Sharpe ratio for PGY, currently valued at 0.23, compared to the broader market-2.00-1.000.001.002.003.00
PGY: 0.23
MELI: 1.40
The chart of Sortino ratio for PGY, currently valued at 1.00, compared to the broader market-6.00-4.00-2.000.002.004.00
PGY: 1.00
MELI: 1.94
The chart of Omega ratio for PGY, currently valued at 1.13, compared to the broader market0.501.001.502.00
PGY: 1.13
MELI: 1.26
The chart of Calmar ratio for PGY, currently valued at 0.22, compared to the broader market0.001.002.003.004.005.00
PGY: 0.22
MELI: 2.54
The chart of Martin ratio for PGY, currently valued at 0.74, compared to the broader market-10.000.0010.0020.00
PGY: 0.74
MELI: 6.26

The current PGY Sharpe Ratio is 0.23, which is lower than the MELI Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of PGY and MELI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-0.500.000.501.001.50December2025FebruaryMarchAprilMay
0.23
1.40
PGY
MELI

Dividends

PGY vs. MELI - Dividend Comparison

Neither PGY nor MELI has paid dividends to shareholders.

TTM20242023202220212020201920182017201620152014
PGY
Pagaya Technologies Ltd.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MELI
MercadoLibre, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.19%0.38%0.36%0.52%

Drawdowns

PGY vs. MELI - Drawdown Comparison

The maximum PGY drawdown since its inception was -98.09%, which is greater than MELI's maximum drawdown of -89.49%. Use the drawdown chart below to compare losses from any high point for PGY and MELI. For additional features, visit the drawdowns tool.

-100.00%-80.00%-60.00%-40.00%-20.00%0.00%December2025FebruaryMarchAprilMay
-96.71%
-2.15%
PGY
MELI

Volatility

PGY vs. MELI - Volatility Comparison

Pagaya Technologies Ltd. (PGY) has a higher volatility of 28.61% compared to MercadoLibre, Inc. (MELI) at 13.85%. This indicates that PGY's price experiences larger fluctuations and is considered to be riskier than MELI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

10.00%20.00%30.00%40.00%50.00%60.00%December2025FebruaryMarchAprilMay
28.61%
13.85%
PGY
MELI

Financials

PGY vs. MELI - Financials Comparison

This section allows you to compare key financial metrics between Pagaya Technologies Ltd. and MercadoLibre, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

0.001.00B2.00B3.00B4.00B5.00B6.00BAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
275.67M
6.06B
(PGY) Total Revenue
(MELI) Total Revenue
Values in USD except per share items

PGY vs. MELI - Profitability Comparison

The chart below illustrates the profitability comparison between Pagaya Technologies Ltd. and MercadoLibre, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.
Gross Margin
Operating Margin
Net Margin
Quarterly
Annual
30.0%40.0%50.0%60.0%AprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
42.6%
45.4%
(PGY) Gross Margin
(MELI) Gross Margin
PGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Pagaya Technologies Ltd. reported a gross profit of 117.47M and revenue of 275.67M. Therefore, the gross margin over that period was 42.6%.
MELI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, MercadoLibre, Inc. reported a gross profit of 2.75B and revenue of 6.06B. Therefore, the gross margin over that period was 45.4%.
PGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Pagaya Technologies Ltd. reported an operating income of 31.74M and revenue of 275.67M, resulting in an operating margin of 11.5%.
MELI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, MercadoLibre, Inc. reported an operating income of 820.00M and revenue of 6.06B, resulting in an operating margin of 13.5%.
PGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Pagaya Technologies Ltd. reported a net income of -237.92M and revenue of 275.67M, resulting in a net margin of -86.3%.
MELI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, MercadoLibre, Inc. reported a net income of 639.00M and revenue of 6.06B, resulting in a net margin of 10.6%.