Compare Mercadolibre Inc (MELI) vs ProShares Ultra QQQ ETF (QLD) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Mercadolibre Inc vs ProShares Ultra QQQ ETF — how do they compare? Mercadolibre Inc trades at $1,814 (market cap $92.90B), while ProShares Ultra QQQ ETF trades at $89.01. The key difference: ProShares Ultra QQQ ETF is trading nearer its 52-week high, Mercadolibre Inc nearer its low. Which is the better fit depends on your goals.
| MELI | QLD | |
|---|---|---|
Market Cap | $92.90B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $2.51K | $100.53 |
52-Week Low | $1.55K | $57.16 |
Enterprise Value | $99.79B | — |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
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 →About ProShares Ultra QQQ ETF
QLD is a leveraged ETF that seeks daily investment results corresponding to 200% of the daily performance of the NASDAQ-100 Index. It achieves 2x leverage by investing in financial instruments such as swaps and is designed as a tactical trading tool for investors with a bullish (long) view on the NASDAQ-100. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment.
Read more on QLD →
