MEKA vs NVA
Comparison between MELI Kaszek Pioneer Corp - Class A (MEKA, Company) and Nova Minerals Ltd (NVA, Company).
MEKA vs NVA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
MEKA
$297M
NVA
$296M
Max Drawdown
Winner
MEKA
31.36%
NVA
65.20%
Sharpe Ratio
MEKA
-0.29
Winner
NVA
1.25
5Y Beta
MEKA
N/A
NVA
0.86
Industry
MEKA
N/A
NVA
Other Industrial Metals & Mining
P/E Ratio
MEKA
312.30
Winner
NVA
0.45
Free Cash Flow Yield
MEKA
0.82%
NVA
N/A
P/S Ratio
MEKA
N/A
NVA
0.10
P/B Ratio
Winner
MEKA
-68.93
NVA
3.93
MEKA vs NVA - Historical Returns
Returns include dividend reinvestment.
1M
MEKA
+0.49%
Winner
NVA
+9.01%
3M
MEKA
+1.18%
Winner
NVA
+9.01%
6M
Winner
MEKA
+3.38%
NVA
-13.76%
1Y
MEKA
+3.62%
Winner
NVA
+170.00%
Max(CAGR)
MEKA
-4.43%
Winner
NVA
+187.56%
MEKA vs NVA - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | MEKA | NVA |
|---|---|---|
| 2026 | N/A | +9.69% |
| 2025 | N/A | +107.65% |
| 2024 | N/A | +188.13% |
| 2023 | +2.89% | N/A |
| 2022 | -13.67% | N/A |
| 2021 | +3.68% | N/A |
MEKA vs NVA Drawdown Comparison
The maximum drawdown for MEKA was -31.36%, occurring on Oct 18, 2022. This drawdown has not yet recovered.
The maximum drawdown for NVA was -65.20%, occurring on Mar 20, 2026. This drawdown has not yet recovered.
The current MEKA drawdown is -28.08%. The current NVA drawdown is -51.14%.
| Rank | MEKA | NVA |
|---|---|---|
| #1 | -31.36% Nov 19, 2021 - Oct 18, 2022 | -65.20% Oct 14, 2025 - Mar 20, 2026 |
| #2 | -4.92% Oct 25, 2021 - Nov 11, 2021 | -48.45% Jan 6, 2025 - Oct 1, 2025 |
| #3 | -1.51% Oct 7, 2021 - Oct 12, 2021 | -32.91% Oct 28, 2024 - Dec 11, 2024 |
| #4 | -1.48% Nov 15, 2021 - Nov 18, 2021 | -25.52% Sep 17, 2024 - Oct 4, 2024 |
| #5 | -1.35% Sep 29, 2021 - Oct 4, 2021 | -18.26% Aug 12, 2024 - Aug 19, 2024 |
| #6 | -1.33% Oct 12, 2021 - Oct 15, 2021 | -11.90% Aug 29, 2024 - Sep 16, 2024 |
| #7 | -1.00% Oct 19, 2021 - Oct 22, 2021 | -10.70% Oct 6, 2025 - Oct 10, 2025 |
| #8 | N/A | -9.20% Dec 12, 2024 - Dec 19, 2024 |
| #9 | N/A | -7.74% Dec 27, 2024 - Jan 3, 2025 |
| #10 | N/A | -7.70% Oct 7, 2024 - Oct 11, 2024 |
| #11 | N/A | -4.37% Aug 1, 2024 - Aug 9, 2024 |
| #12 | N/A | -4.33% Dec 23, 2024 - Dec 27, 2024 |
| #13 | N/A | -2.92% Oct 11, 2024 - Oct 17, 2024 |
| #14 | N/A | -2.80% Aug 23, 2024 - Aug 29, 2024 |
| #15 | N/A | -1.14% Oct 17, 2024 - Oct 21, 2024 |
Correlation
Correlation between MEKA and NVA is 0.00 which considered as a very weak or no correlation - the stocks move independently of each other.
0.00
-101
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