SLVR.DE vs. MELI
Compare and contrast key facts about WisdomTree Silver (SLVR.DE) and MercadoLibre, Inc. (MELI).
SLVR.DE is a passively managed fund by Global X that tracks the performance of the EMIX Global Mining Global Gold TR USD. It was launched on May 6, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLVR.DE or MELI.
Key characteristics
| SLVR.DE | MELI | |
|---|---|---|
| YTD Return | 26.78% | 22.90% |
| 1Y Return | 45.95% | 35.01% |
| Sharpe Ratio | 1.20 | 1.09 |
| Sortino Ratio | 1.73 | 1.55 |
| Omega Ratio | 1.22 | 1.23 |
| Calmar Ratio | 1.37 | 1.27 |
| Martin Ratio | 4.34 | 4.19 |
| Ulcer Index | 9.62% | 9.59% |
| Daily Std Dev | 34.79% | 36.72% |
| Max Drawdown | -30.49% | -89.49% |
| Current Drawdown | -16.29% | -9.75% |
Correlation
The correlation between SLVR.DE and MELI is 0.22, 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
SLVR.DE vs. MELI - Performance Comparison
In the year-to-date period, SLVR.DE achieves a 26.78% return, which is significantly higher than MELI's 22.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SLVR.DE vs. MELI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Silver (SLVR.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.
Dividends
SLVR.DE vs. MELI - Dividend Comparison
Neither SLVR.DE nor MELI has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLVR.DE WisdomTree Silver | 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% | 0.19% | 0.38% | 0.36% | 0.52% | 0.53% |
Drawdowns
SLVR.DE vs. MELI - Drawdown Comparison
The maximum SLVR.DE drawdown since its inception was -30.49%, smaller than the maximum MELI drawdown of -89.49%. Use the drawdown chart below to compare losses from any high point for SLVR.DE and MELI. For additional features, visit the drawdowns tool.
Volatility
SLVR.DE vs. MELI - Volatility Comparison
The current volatility for WisdomTree Silver (SLVR.DE) is 13.89%, while MercadoLibre, Inc. (MELI) has a volatility of 20.07%. This indicates that SLVR.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.