SNOW vs MELI
Comparison between Snowflake Inc - Class A (SNOW, Company) and MercadoLibre Inc (MELI, Company).
SNOW is from the Technology sector, while MELI is from the Consumer Cyclical sector.
5-Year PerformanceMELI has outperformed SNOW, delivering a return of +3.3% compared to +0.9%
SNOW vs MELI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SNOW vs MELI - Historical Returns
Returns include dividend reinvestment.
SNOW vs MELI - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | SNOW | MELI |
|---|---|---|
| 2026 | +25.39% | -7.65% |
| 2025 | +39.27% | +14.12% |
| 2024 | -18.35% | +11.20% |
| 2023 | +46.86% | +90.23% |
| 2022 | -56.77% | -36.51% |
| 2021 | +21.75% | -17.78% |
| 2020 | +10.82% | +174.54% |
| 2019 | N/A | +91.92% |
| 2018 | N/A | -9.22% |
| 2017 | N/A | +95.87% |
| 2016 | N/A | +42.60% |
| 2015 | N/A | -8.82% |
| 2014 | N/A | +24.25% |
| 2013 | N/A | +31.69% |
| 2012 | N/A | -3.46% |
| 2011 | N/A | +13.96% |
| 2010 | N/A | +31.74% |
| 2009 | N/A | +195.05% |
| 2008 | N/A | -76.59% |
| 2007 | N/A | +159.23% |
SNOW vs MELI Drawdown Comparison
The maximum drawdown for SNOW was -72.99%, occurring on Sep 6, 2024. This drawdown has not yet recovered.
The maximum drawdown for MELI was -89.49%, occurring on Nov 20, 2008. Recovery took 819 trading sessions.
The current SNOW drawdown is -32.39%. The current MELI drawdown is -30.26%.
| Rank | SNOW | MELI |
|---|---|---|
| #1 | -72.99% Nov 16, 2021 - Sep 6, 2024 | -89.49% Dec 28, 2007 - Mar 30, 2011 |
| #2 | -51.73% Dec 8, 2020 - Nov 15, 2021 | -69.12% Jan 20, 2021 - Aug 15, 2024 |
| #3 | -20.97% Oct 22, 2020 - Nov 25, 2020 | -46.15% May 2, 2011 - Dec 6, 2011 |
| #4 | -14.39% Sep 16, 2020 - Sep 29, 2020 | -43.49% May 4, 2015 - Jul 20, 2016 |
| #5 | -12.36% Sep 29, 2020 - Oct 21, 2020 | -43.45% Oct 21, 2013 - Apr 29, 2015 |
| #6 | -10.98% Nov 27, 2020 - Dec 3, 2020 | -40.82% Jun 30, 2025 - May 15, 2026 |
| #7 | N/A | -39.77% Feb 19, 2020 - May 6, 2020 |
| #8 | N/A | -37.79% Mar 9, 2018 - Feb 27, 2019 |
| #9 | N/A | -36.07% Feb 27, 2012 - May 3, 2013 |
| #10 | N/A | -30.02% Aug 9, 2019 - Jan 13, 2020 |
| #11 | N/A | -25.39% May 16, 2017 - Dec 13, 2017 |
| #12 | N/A | -23.29% Oct 30, 2007 - Nov 15, 2007 |
| #13 | N/A | -22.15% Sep 12, 2024 - Feb 21, 2025 |
| #14 | N/A | -20.83% Sep 22, 2016 - Feb 6, 2017 |
| #15 | N/A | -20.59% Feb 21, 2025 - Apr 29, 2025 |
Correlation
Correlation between SNOW and MELI is 0.13 which considered as a very weak or no correlation - the stocks move independently of each other.
Select Stocks to Compare
More Comparisons
Compare with similar stocks