ProShares UltraShort Bloomberg Natural Gas ETF vs Mercadolibre Inc — how do they compare? ProShares UltraShort Bloomberg Natural Gas ETF trades at $28.25, while Mercadolibre Inc trades at $1,932.9 (market cap $98.35B). The key difference: Mercadolibre Inc is trading nearer its 52-week high, ProShares UltraShort Bloomberg Natural Gas ETF nearer its low. Which is the better fit depends on your goals.
| KOLD | MELI | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $49.39 | $2.51K |
52-Week Low | $13.58 | $1.55K |
Market Cap | — | $98.35B |
Enterprise Value | — | $106.00B |
Trailing returns across standard periods
Latest headlines on both assets
KOLD is an inverse leveraged ETF that seeks to provide two times (2x) the inverse daily performance of the Bloomberg Natural Gas Subindex. It is designed for investors looking to profit from falling natural gas prices.
Read more on KOLD →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 →