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  • BITO vs MELI✓SelectedUSD · MELIBITO vs MELI performance historyLatest closeAs of0.00%09/11
Stock and ETF performance explorer

BITO vs MELI

vs
1w1mo3mo6mo1y3y5y10yallcustom
Portfolio return
-10.6%
MELI return
+18.0%
Excess return
-28.6%
Maximum drawdown
-77.9%

Performance

Returns, benchmark comparison, and relative performance.

Performance by timeframe

Returns for all.

Portfolio and benchmark returns by period
PeriodPortfolioMELIExcessAlpha
1D0.0%-0.5%+0.5%+0.2%
7D-3.4%-4.1%+0.6%-2.1%
30D+21.4%+3.8%+17.6%+19.8%
3M+20.5%+17.8%+2.6%+13.5%
6M+7.4%+7.4%-0.1%+3.6%
YTD-13.9%-5.8%-8.1%-13.7%
1Y-35.1%-18.9%-16.2%-32.0%
3Y+156.8%+33.3%+123.5%+114.4%
All-10.6%+18.0%-28.6%-26.0%

Cumulative growth

Daily Returns

Daily percentage return beside MELI.

Daily Out/Under-Performance

Portfolio return minus MELI return. Positive bars indicate outperformance.

Daily Alpha

Portfolio daily return minus β × MELI return. Early observations use the first valid beta; later observations use the trailing beta estimated for each date.

Cumulative Out/Under-Performance

Relative wealth over all: compounded portfolio wealth divided by compounded MELI wealth, less one. Both series rebase at the selected span's start.

Cumulative Alpha

Compounded beta-adjusted residual returns apply the first valid beta to early observations, then the trailing beta ending on each date.

Updating return analytics…

all analysis · Full analysis span regression · 6 months rolling