Mercadolibre Inc vs ProShares UltraPro S&P500 — how do they compare? Mercadolibre Inc trades at $1,930.02 (market cap $98.35B), while ProShares UltraPro S&P500 trades at $155.33. The key difference: Mercadolibre Inc is trading nearer its 52-week high, ProShares UltraPro S&P500 nearer its low. Which is the better fit depends on your goals.
| MELI | UPRO | |
|---|---|---|
Market Cap | $98.35B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $2.51K | $155.10 |
52-Week Low | $1.55K | $89.29 |
Enterprise Value | $106.00B | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →UPRO is a leveraged ETF that seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the S&P 500 Index. It is a tactical, high-conviction instrument designed for short-term traders to amplify bullish market moves, utilizing a daily reset mechanism that creates significant compounding effects and volatility risks over time.
Read more on UPRO →