Mercadolibre Inc vs Utilities Select Sector SPDR Fund — how do they compare? Mercadolibre Inc trades at $1,930.02 (market cap $98.35B), while Utilities Select Sector SPDR Fund trades at $43.74. The key difference: Mercadolibre Inc is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| MELI | XLU | |
|---|---|---|
Market Cap | $98.35B | — |
Sector | Consumer Cyclical | — |
52-Week High | $2.51K | $47.73 |
52-Week Low | $1.55K | $41.31 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
Read more on XLU →