JPMorgan Ultra Short Income ETF vs Mercadolibre Inc — how do they compare? JPMorgan Ultra Short Income ETF trades at $50.45, while Mercadolibre Inc trades at $1,930.02 (market cap $98.35B). The key difference: Mercadolibre Inc is trading nearer its 52-week high, JPMorgan Ultra Short Income ETF nearer its low. Which is the better fit depends on your goals.
| JPST | MELI | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $50.78 | $2.51K |
52-Week Low | $50.40 | $1.55K |
Market Cap | — | $98.35B |
Enterprise Value | — | $106.00B |
Trailing returns across standard periods
Latest headlines on both assets
JPST is an actively managed ETF that invests in short-term, investment-grade fixed income securities. It aims to provide current income and capital preservation while maintaining high liquidity.
Read more on JPST →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 →