Mercadolibre Inc vs Teucrium Wheat Fund — how do they compare? Mercadolibre Inc trades at $1,924 (market cap $98.35B), while Teucrium Wheat Fund trades at $24.15. The key difference: Teucrium Wheat Fund is trading nearer its 52-week high, Mercadolibre Inc nearer its low. Which is the better fit depends on your goals.
| MELI | WEAT | |
|---|---|---|
Market Cap | $98.35B | — |
Sector | Consumer Cyclical | Commodities - Metals/Agriculture |
52-Week High | $2.51K | $26.00 |
52-Week Low | $1.55K | $19.88 |
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 →WEAT is a commodity ETF that provides exposure to the price of wheat futures. It employs a laddered strategy across multiple benchmark contracts to mitigate the effects of contango and roll costs inherent in agricultural futures trading.
Read more on WEAT →