Mercadolibre Inc vs Direxion Daily FTSE China Bull 3x Shares — how do they compare? Mercadolibre Inc trades at $1,814 (market cap $92.90B), while Direxion Daily FTSE China Bull 3x Shares trades at $27.89. Which is the better fit depends on your goals.
| MELI | YINN | |
|---|---|---|
Market Cap | $92.90B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $2.51K | $56.62 |
52-Week Low | $1.55K | $21.45 |
Enterprise Value | $99.79B | — |
Trailing returns across standard periods
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 →YINN is a leveraged ETF that seeks daily investment results, before fees and expenses, of 300% (3x) of the daily performance of the FTSE China 50 Index. It is a tactical instrument designed for sophisticated traders seeking to magnify short-term bullish views on large-cap Chinese equities, primarily those trading on the Hong Kong Stock Exchange.
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