Compare State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF (FLRN) vs Mercadolibre Inc (MELI) Price & Performance

State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETFTrade

Mercadolibre IncTrade

Price performance (Past 24H)

Key statistics

State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF vs Mercadolibre Inc — how do they compare? State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF trades at $30.77, while Mercadolibre Inc trades at $1,930.99 (market cap $98.35B). The key difference: Mercadolibre Inc is trading nearer its 52-week high, State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF nearer its low. Which is the better fit depends on your goals.

	FLRN	MELI
Sector	Sector/Thematic	Consumer Cyclical
52-Week High	$30.86	$2.51K
52-Week Low	$30.65	$1.55K
Market Cap	—	$98.35B
Enterprise Value	—	$106.00B

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Returns comparison

Trailing returns across standard periods

Top news

Latest headlines on both assets

FLRN

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MELI

Sea Limited shares jump 13.8% after strong Q1 revenue growth and reinvestment strategy24/7 Wall Street · 21 hours agoBullish MercadoLibre's revenue jumps 50% YoY despite margin pressure from growth investmentsSeeking Alpha · 5 days agoBullish View details →

About State Street SPDR Bloomberg Invstmt Gr Fltg Rt ETF

FLRN invests in U.S. dollar-denominated investment-grade floating rate notes with maturities under five years. It provides exposure to corporate and supranational debt whose interest payments adjust with market rates, helping to mitigate interest rate risk.

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.