Compare Mercadolibre Inc (MELI) vs ProShares Ultra Gold ETF (UGL) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
Mercadolibre Inc vs ProShares Ultra Gold ETF — how do they compare? Mercadolibre Inc trades at $1,814 (market cap $92.90B), while ProShares Ultra Gold ETF trades at $45. Which is the better fit depends on your goals.
| MELI | UGL | |
|---|---|---|
Market Cap | $92.90B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $2.51K | $85.62 |
52-Week Low | $1.55K | $33.59 |
Enterprise Value | $99.79B | — |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
Top news
Latest headlines on both assets
Top news
Latest headlines on both assets
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 Gold ETF
UGL is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold Subindex. It is a tactical tool designed for sophisticated investors to magnify short-term bullish views on gold prices through the use of futures and swap contracts, rather than holding physical bullion.
Read more on UGL →
