MELI vs AEM

Comparison between MercadoLibre Inc (MELI, Company) and Agnico Eagle Mines Ltd (AEM, Company).

MELI is from the Consumer Cyclical sector, while AEM is from the Basic Materials sector.

5-Year PerformanceAEM has outperformed MELI, delivering a return of +24.5% compared to +2.2%

MELI vs AEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MELI(COMPANY)	AEM(COMPANY)
Market Cap	$83B	$84B
Max Drawdown	89.49%	75.78%
Sharpe Ratio	-0.85	0.83
5Y Beta	0.89	0.59
Industry	Internet Retail	Gold
P/E Ratio	43.18	15.69
Forward P/E	31.65	12.95
PEG Ratio	N/A	0.12
Dividend Yield	N/A	0.94%
5Y Dividends CAGR	7.77%	-2.86%
5Y EPS CAGR	N/A	30.73%
Debt to Equity	136.34%	1.21%
Free Cash Flow Yield	15.88%	5.44%

Market Cap

MELI

$83B

Winner

AEM

$84B

Max Drawdown

MELI

89.49%

Winner

AEM

75.78%

Sharpe Ratio

MELI

-0.85

Winner

AEM

0.83

5Y Beta

MELI

0.89

Winner

AEM

0.59

Industry

MELI

Internet Retail

AEM

Gold

P/E Ratio

MELI

43.18

Winner

AEM

15.69

Forward P/E

MELI

31.65

Winner

AEM

12.95

PEG Ratio

MELI

N/A

AEM

0.12

Dividend Yield

MELI

N/A

AEM

0.94%

5Y Dividends CAGR

Winner

MELI

7.77%

AEM

-2.86%

5Y EPS CAGR

MELI

N/A

AEM

30.73%

Debt to Equity

MELI

136.34%

Winner

AEM

1.21%

Free Cash Flow Yield

Winner

MELI

15.88%

AEM

5.44%

MELI vs AEM - Historical Returns

Returns include dividend reinvestment.

Period	MELI	AEM
1 month	+3.10%	-6.77%
3 months	-3.26%	-14.79%
6 months	-16.76%	-0.73%
1 year	-31.95%	+37.16%
5 years(CAGR)	+2.18%	+24.47%
10 years(CAGR)	+28.51%	+14.91%
Max(CAGR)	+24.16%	+13.29%

Winner

MELI

+3.10%

AEM

-6.77%

Winner

MELI

-3.26%

AEM

-14.79%

MELI

-16.76%

Winner

AEM

-0.73%

MELI

-31.95%

Winner

AEM

+37.16%

5Y(CAGR)

MELI

+2.18%

Winner

AEM

+24.47%

10Y(CAGR)

Winner

MELI

+28.51%

AEM

+14.91%

Max(CAGR)

Winner

MELI

+24.16%

AEM

+13.29%

MELI vs AEM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MELI	AEM
2026	-17.15%	-1.80%
2025	+14.12%	+109.38%
2024	+11.20%	+48.18%
2023	+90.23%	+5.75%
2022	-36.51%	+3.75%
2021	-17.78%	-27.59%
2020	+174.54%	+18.94%
2019	+91.92%	+54.29%
2018	-9.22%	-12.53%
2017	+95.87%	+8.23%
2016	+42.60%	+57.23%
2015	-8.82%	-1.56%
2014	+24.25%	-8.85%
2013	+31.69%	-49.15%
2012	-3.46%	+39.63%
2011	+13.96%	-49.95%
2010	+31.74%	+36.88%
2009	+195.05%	+6.37%
2008	-76.59%	-8.96%
2007	+159.23%	+40.83%
2006	N/A	+87.33%
2005	N/A	+48.22%
2004	N/A	+13.23%
2003	N/A	-19.03%
2002	N/A	+50.51%
2001	N/A	+55.19%
2000	N/A	-16.32%
1999	N/A	-8.37%

MELI vs AEM Drawdown Comparison

The maximum drawdown for MELI was -89.49%, occurring on Nov 20, 2008. Recovery took 819 trading sessions.

The maximum drawdown for AEM was -73.97%, occurring on Aug 5, 2015. Recovery took 2429 trading sessions.

The current MELI drawdown is -37.44%. The current AEM drawdown is -33.75%.

Rank	MELI	AEM
#1	-89.49% Dec 28, 2007 - Mar 30, 2011	-73.97% Dec 6, 2010 - Jul 31, 2020
#2	-69.12% Jan 20, 2021 - Aug 15, 2024	-72.89% Mar 14, 2008 - Nov 4, 2010
#3	-46.15% May 2, 2011 - Dec 6, 2011	-53.85% Sep 14, 2020 - Jul 31, 2024
#4	-43.49% May 4, 2015 - Jul 20, 2016	-43.41% May 28, 2002 - Dec 8, 2005
#5	-43.45% Oct 21, 2013 - Apr 29, 2015	-39.73% Nov 1, 1999 - May 9, 2001
#6	-40.82% Jun 30, 2025 - May 15, 2026	-39.38% Mar 2, 2026 - Jun 10, 2026
#7	-39.77% Feb 19, 2020 - May 6, 2020	-35.66% May 10, 2006 - Nov 24, 2006
#8	-37.79% Mar 9, 2018 - Feb 27, 2019	-24.67% Dec 4, 2006 - Jul 20, 2007
#9	-36.07% Feb 27, 2012 - May 3, 2013	-24.04% Sep 20, 2001 - Jan 16, 2002
#10	-30.02% Aug 9, 2019 - Jan 13, 2020	-20.88% Nov 6, 2007 - Jan 3, 2008
#11	-25.39% May 16, 2017 - Dec 13, 2017	-17.58% Jul 20, 2007 - Sep 4, 2007
#12	-23.29% Oct 30, 2007 - Nov 15, 2007	-17.55% May 21, 2001 - Aug 21, 2001
#13	-22.15% Sep 12, 2024 - Feb 21, 2025	-16.36% Oct 16, 2025 - Jan 8, 2026
#14	-20.83% Sep 22, 2016 - Feb 6, 2017	-15.14% Apr 21, 2025 - Jun 2, 2025
#15	-20.59% Feb 21, 2025 - Apr 29, 2025	-15.04% Jan 28, 2026 - Feb 19, 2026

Correlation

Correlation between MELI and AEM is 0.70 which considered as a strong positive correlation - the stocks tend to move together.

0.70

-101

Dividend Comparison (2000 - 2026)

MELI vs AEM dividend yield comparison.

Year	MELI	AEM
2026	0.00%	0.54%
2025	0.00%	0.94%
2024	0.00%	2.05%
2023	0.00%	2.92%
2022	0.00%	3.08%
2021	0.00%	2.63%
2020	0.00%	2.36%
2019	0.00%	0.89%
2018	0.00%	1.09%
2017	0.19%	0.89%
2016	0.38%	0.86%
2015	0.36%	1.22%
2014	0.52%	1.29%
2013	0.53%	3.34%
2012	0.56%	1.52%
2011	0.40%	1.76%
2010	0.00%	0.23%
2009	0.00%	0.33%
2008	0.00%	0.35%
2007	0.00%	0.22%
2006	0.00%	0.07%
2005	0.00%	0.15%
2004	0.00%	0.22%
2003	0.00%	0.25%
2002	0.00%	0.13%
2001	0.00%	0.20%
2000	0.00%	0.33%