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SEC0.DE vs. MELI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SEC0.DE vs. MELI

Last updated Jun 5, 2026

SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) is Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped, while MELI (MercadoLibre, Inc.) is a stock. Over the past 3 years, SEC0.DE returned 56.37%/yr vs 7.53%/yr for MELI. At a 0.30 correlation, their price movements are largely independent.

Performance

SEC0.DE vs. MELI - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) and MercadoLibre, Inc. (MELI). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SEC0.DE is traded in EUR, while MELI is traded in USD. To make them comparable, the MELI values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, SEC0.DE achieves a 98.10% return, which is significantly higher than MELI's -18.49% return.

SEC0.DE

1D
-2.85%
1M
15.32%
YTD
98.10%
6M
96.55%
1Y
187.70%
3Y*
56.37%
5Y*
—
10Y*
—

MELI

1D
0.15%
1M
0.90%
YTD
-18.49%
6M
-22.12%
1Y
-35.85%
3Y*
7.53%
5Y*
5.27%
10Y*
27.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SEC0.DE vs. MELI - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (Acc)		98.10%36.46%20.85%61.01%-32.22%21.50%
MELI
MercadoLibre, Inc.		-18.49%4.40%15.34%80.14%-33.35%-21.41%

Correlation

The correlation between SEC0.DE and MELI is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.14

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Aug 6, 2021

0.30

The correlation between SEC0.DE and MELI shifts across timeframes, from 0.14 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.

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iShares MSCI Global Semiconductors UCITS ETF USD (Acc)

MercadoLibre, Inc.

Often compared with SEC0.DE:
SEC0.DE vs. SMHSEC0.DE vs. VVSM.DESEC0.DE vs. SOXXSEC0.DE vs. HNSS.LSEC0.DE vs. EQQQ.LSEC0.DE vs. SPYL.DESEC0.DE vs. SXRV.DE
Often compared with MELI:
MELI vs. AMZNMELI vs. CPNGMELI vs. VOOMELI vs. DISMELI vs. QQQMELI vs. PDDMELI vs. LLY

Return for Risk

SEC0.DE vs. MELI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SEC0.DE
SEC0.DE Risk / Return Rank: 9797
Overall Rank
SEC0.DE Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
SEC0.DE Sortino Ratio Rank: 9797
Sortino Ratio Rank
SEC0.DE Omega Ratio Rank: 9595
Omega Ratio Rank
SEC0.DE Calmar Ratio Rank: 9898
Calmar Ratio Rank
SEC0.DE Martin Ratio Rank: 9898
Martin Ratio Rank
MELI
MELI Risk / Return Rank: 88
Overall Rank
MELI Sharpe Ratio Rank: 77
Sharpe Ratio Rank
MELI Sortino Ratio Rank: 1010
Sortino Ratio Rank
MELI Omega Ratio Rank: 99
Omega Ratio Rank
MELI Calmar Ratio Rank: 88
Calmar Ratio Rank
MELI Martin Ratio Rank: 55
Martin Ratio Rank
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.

SEC0.DE vs. MELI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) 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.

SEC0.DEMELIDifference
Sharpe ratioReturn per unit of total volatility
5.89
-0.92

+6.81

Sortino ratioReturn per unit of downside risk
5.86
-1.16

+7.03

Omega ratioGain probability vs. loss probability

1.75

0.85

+0.90

Calmar ratioReturn relative to maximum drawdown

14.81

-0.89

+15.70

Martin ratioReturn relative to average drawdown

52.61

-1.62

+54.24

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SEC0.DE vs. MELI - Sharpe Ratio Comparison

The current SEC0.DE Sharpe Ratio is 5.89, which is higher than the MELI Sharpe Ratio of -0.92. The chart below compares the historical Sharpe Ratios of SEC0.DE and MELI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SEC0.DEMELIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

5.89

-0.92

+6.81

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.11

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.58

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.17

0.47

+0.69

Drawdowns

SEC0.DE vs. MELI - Drawdown Comparison

The maximum SEC0.DE drawdown since its inception was -39.35%, smaller than the maximum MELI drawdown of -87.58%. Use the drawdown chart below to compare losses from any high point for SEC0.DE and MELI.

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Drawdown Indicators

SEC0.DEMELIDifference

Max Drawdown

Largest peak-to-trough decline

-39.35%

-87.58%

+48.23%

Max Drawdown (1Y)

Largest decline over 1 year

-12.90%

-40.42%

+27.52%

Max Drawdown (3Y)

Largest decline over 3 years

-39.35%

-42.93%

+3.58%

Max Drawdown (5Y)

Largest decline over 5 years

—

-64.82%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-64.82%

—

Current Drawdown

Current decline from peak

-2.85%

-39.64%

+36.79%

Average Drawdown

Average peak-to-trough decline

-11.85%

-21.72%

+9.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.64%

22.14%

-18.50%

Volatility

SEC0.DE vs. MELI - Volatility Comparison

The current volatility for iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) is 13.13%, while MercadoLibre, Inc. (MELI) has a volatility of 17.42%. This indicates that SEC0.DE 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.

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Volatility by Period

SEC0.DEMELIDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.13%

17.42%

-4.29%

Volatility (6M)

Calculated over the trailing 6-month period

25.14%

29.77%

-4.63%

Volatility (1Y)

Calculated over the trailing 1-year period

32.42%

39.38%

-6.96%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.95%

48.77%

-18.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.95%

48.55%

-18.60%

Dividends

SEC0.DE vs. MELI - Dividend Comparison

Neither SEC0.DE nor MELI has paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
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%
SEC0.DE
iShares MSCI Global Semiconductors UCITS ETF USD (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SEC0.DE and MELI have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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