Mercadolibre Inc vs YieldMax Magnificent 7 Fund of Option Income ETFs — how do they compare? Mercadolibre Inc trades at $1,814 (market cap $92.90B), while YieldMax Magnificent 7 Fund of Option Income ETFs trades at $11.67. The key difference: Mercadolibre Inc is trading nearer its 52-week high, YieldMax Magnificent 7 Fund of Option Income ETFs nearer its low. Which is the better fit depends on your goals.
| MELI | YMAG | |
|---|---|---|
Market Cap | $92.90B | — |
Sector | Consumer Cyclical | Income / Options Overlay |
52-Week High | $2.51K | $15.98 |
52-Week Low | $1.55K | $11.00 |
Enterprise Value | $99.79B | — |
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 →YMAG is an actively managed 'fund of funds' that provides equal-weighted exposure to the seven YieldMax ETFs tracking the 'Magnificent 7' tech giants (Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla). It seeks to generate high current income by harvesting option premiums across these leaders, offering a streamlined way to access concentrated tech volatility in an income-producing format.
Read more on YMAG →