KraneShares Hang Seng TECH Index ETF vs Mercadolibre Inc — how do they compare? KraneShares Hang Seng TECH Index ETF trades at $13.27, while Mercadolibre Inc trades at $1,814 (market cap $92.90B). The key difference: Mercadolibre Inc is trading nearer its 52-week high, KraneShares Hang Seng TECH Index ETF nearer its low. Which is the better fit depends on your goals.
| KTEC | MELI | |
|---|---|---|
Sector | Sector/Thematic | Consumer Cyclical |
52-Week High | $19.51 | $2.51K |
52-Week Low | $12.00 | $1.55K |
Market Cap | — | $92.90B |
Enterprise Value | — | $99.79B |
Trailing returns across standard periods
KTEC tracks the Hang Seng TECH Index, providing targeted exposure to the 30 largest technology companies listed on the Hong Kong Stock Exchange. It focuses on innovative, internet-based businesses across sectors like e-commerce, fintech, cloud computing, and digital technology.
Read more on KTEC →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 →