Investment
Features
FeesSafety
Academy
More
Pluang+

Compare VanEck Australian Floating Rate ETF (FLOT) vs Mercadolibre Inc (MELI) Price & Performance

VanEck Australian Floating Rate ETFTrade
Mercadolibre IncTrade

Price performance (Past 24H)

Key statistics

VanEck Australian Floating Rate ETF vs Mercadolibre Inc — how do they compare? VanEck Australian Floating Rate ETF trades at $50.98, while Mercadolibre Inc trades at $1,862.89 (market cap $93.44B). The key difference: Mercadolibre Inc is trading nearer its 52-week high, VanEck Australian Floating Rate ETF nearer its low. Which is the better fit depends on your goals.

FLOTMELI
Sector
Sector/ThematicConsumer Cyclical
52-Week High
$51.09$2.51K
52-Week Low
$50.72$1.55K
Market Cap
$93.44B
Enterprise Value
$100.33B

Aura AI Summary

Signals from Pluang's Aura AI — not financial advice

VanEck Australian Floating Rate ETF

No Aura AI signal available yet.

Mercadolibre Inc

MercadoLibre (MELI) trades at $1,873.88, showing modest daily gains of 0.35% amid a generally bullish technical outlook. The stock exhibits strong fundamental growth with 2025 revenue reaching $28.89B and net income of $2.00B, though recent quarterly EPS results have missed analyst expectations. The company is strategically investing heavily in logistics, fulfillment, and fintech expansion, which is pressuring near-term margins but positioning for long-term market dominance in Latin America.

The investment outlook balances robust top-line growth and a dominant competitive position against margin compression from strategic investments and recent earnings misses. Wall Street sentiment remains overwhelmingly positive with a $2,230 consensus price target, but investors face risks from execution on growth investments, competitive pressures, and ongoing legal investigations highlighted in recent news.

Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

About VanEck Australian Floating Rate ETF

FLOT provides exposure to a diversified portfolio of Australian dollar-denominated floating rate notes. It tracks the Bloomberg AusBond Credit FRN 0+ Yr Index, focusing on high-quality, investment-grade bonds from top Australian banks and financial institutions.

Read more on FLOT

About Mercadolibre Inc

MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 140 million active users and 1 million active sellers as of the end of 2021 across an 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago), advertisements (Mercado Clics), classifieds, and a turnkey e-commerce solution (Mercado Shops) rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.

Read more on MELI