MELI monthly performance report
View MELI's monthly returns, drawdown, and seasonality trends — updated every month.
MELI monthly report
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Key takeaways
- MercadoLibre (MELI) closed September 2026 at $1,787.39, down 7.69% for the month and −27.82% over the trailing 12 months.
- Year-to-date, MELI is −11.26%, underperforming the S&P 500 which has returned +11.70% YTD.
- The stock is trading −3.80% versus its 200-day moving average ($1,858.04), a cautious technical signal.
- Over the past three years, MELI has underperformed the S&P 500 by −42.52%, with a relative strength index reading of 75.2.
- Win rate over the trailing 39 months stands at 46.2% — 18 positive months versus 21 negative months.
MercadoLibre ended September 2026 at $1,787.39, posting a monthly return of −7.69%. The S&P 500 returned −0.70% over the same window, leaving relative performance at −6.99%.
The current quarter stands at +5.30% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −3.80% versus the 200-day moving average ($1,858.04).
Year-to-date, MELI is −11.26% against SPY +11.70%, a gap of −22.96%. The stock is currently −29.87% below its 52-week high, with maximum 3-year drawdown at −40.82%.
| Period | MELI | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −2.07% | −0.12% | −1.95% |
| 1 Week | −5.80% | −0.34% | −5.46% |
| 1 Month | −7.69% | −0.70% | −6.99% |
| 3 Months | +6.77% | +2.80% | +3.97% |
| 6 Months | +7.03% | +13.85% | −6.82% |
| YTD | −11.26% | +11.70% | −22.96% |
| 12 Months | −27.82% | +15.01% | −42.84% |
| 3 Years | +29.17% | +71.69% | −42.52% |
| Rank | Month | Return |
|---|---|---|
| #1 | Nov 2023 | +30.60% |
| #2 | Aug 2024 | +23.53% |
| #3 | Apr 2025 | +19.48% |
| #4 | May 2024 | +18.30% |
| #5 | Jan 2025 | +13.04% |
| Rank | Month | Return |
|---|---|---|
| #1 | Feb 2026 | −18.17% |
| #2 | Dec 2024 | −14.34% |
| #3 | Nov 2025 | −10.98% |
| #4 | Jul 2025 | −9.17% |
| #5 | Mar 2025 | −8.06% |
| Quarter | Return |
|---|---|
| Q2 2025 | +33.97% |
| Q3 2025 | −10.59% |
| Q4 2025 | −13.81% |
| Q1 2026 | −14.16% |
| Q2 2026 | −1.83% |
| Q3 2026 (QTD) | +5.30% |
| Year | Return |
|---|---|
| 2023 | +85.71% |
| 2024 | +8.20% |
| 2025 | +18.46% |
| 2026 | −11.26% |
| Metric | Value |
|---|---|
| 52-Week High | $2,548.50 (2025-09-29) |
| 52-Week Low | $1,495.00 (2026-05-13) |
| Current Price | $1,787.39 |
| 200-Day Moving Average | $1,858.04 |
| Price vs 200DMA | −3.80% |
| 3-Year Maximum Drawdown | −40.82% (2026-05-15) |
| Current Drawdown from 52W High | −29.87% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 75.2 |
| 3-Year Excess Return vs S&P 500 | −42.52% |
| RS Peak | 143.3 (May 2025) |
| RS Trough | 67.1 (May 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was MELI's return for this report period?
MELI returned −7.69% in the latest monthly window ending 2026-09-18.
Has MELI outperformed SPY year to date?
YTD MELI: −11.26% vs SPY: +11.70%.
What is MELI's 12-month return?
−27.82% over the trailing 12 months.
Is MELI above or below its 200-day moving average?
Price is −3.80% versus 200DMA ($1,858.04).
What is the maximum drawdown in the 3-year window?
−40.82% on 2026-05-15.