FDS vs. ICE
FDS (FactSet Research Systems Inc.) and ICE (Intercontinental Exchange, Inc.) are both stocks. Both operate in the Financial Data & Stock Exchanges industry within the Financial Services sector. Over the past 10 years, FDS returned 5.31%/yr vs 11.82%/yr for ICE. At a 0.43 correlation, their price movements are largely independent.
Performance
FDS vs. ICE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDS achieves a -10.97% return, which is significantly higher than ICE's -11.98% return. Over the past 10 years, FDS has underperformed ICE with an annualized return of 5.31%, while ICE has yielded a comparatively higher 11.82% annualized return.
FDS
- 1D
- -0.89%
- 1M
- 15.59%
- 6M
- -10.48%
- YTD
- -10.97%
- 1Y
- -39.82%
- 3Y*
- -15.03%
- 5Y*
- -4.57%
- 10Y*
- 5.31%
- ALL TIME*
- 15.33%
ICE
- 1D
- 1.37%
- 1M
- 5.74%
- 6M
- -18.06%
- YTD
- -11.98%
- 1Y
- -20.66%
- 3Y*
- 8.15%
- 5Y*
- 4.68%
- 10Y*
- 11.82%
- ALL TIME*
- 15.96%
FDS vs. ICE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDS FactSet Research Systems Inc. | -10.97% | -38.88% | 1.62% | 19.99% | -16.75% | 47.49% | 25.13% | 35.51% | 5.02% | 19.44% |
ICE Intercontinental Exchange, Inc. | -11.98% | 9.92% | 17.46% | 27.12% | -23.91% | 19.94% | 26.15% | 24.47% | 8.11% | 26.60% |
Correlation
The correlation between FDS and ICE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2005 | 0.43 |
Fundamentals
FDS:
$9.10B
ICE:
$80.06B
FDS:
$15.11
ICE:
$6.86
FDS:
16.92
ICE:
20.65
FDS:
1.58
ICE:
2.49
FDS:
3.93
ICE:
6.19
FDS:
4.65
ICE:
2.73
FDS:
$2.44B
ICE:
$13.08B
FDS:
$1.25B
ICE:
$8.93B
FDS:
$690.67M
ICE:
$7.05B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FDS vs. ICE — Risk / Return Rank
FDS
ICE
FDS vs. ICE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FactSet Research Systems Inc. (FDS) and Intercontinental Exchange, Inc. (ICE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDS | ICE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.86 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | -0.61 | -0.12 |
| Martin ratioReturn relative to average drawdown | -1.06 | -1.27 | +0.21 |
Loading charts...
Drawdowns
FDS vs. ICE - Drawdown Comparison
The maximum FDS drawdown since its inception was -61.13%, smaller than the maximum ICE drawdown of -73.94%. Use the drawdown chart below to compare losses from any high point for FDS and ICE.
Loading charts...
Drawdown Indicators
| FDS | ICE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.13% | -73.94% | +12.81% |
Max Drawdown (1Y)Largest decline over 1 year | -54.77% | -33.94% | -20.83% |
Max Drawdown (3Y)Largest decline over 3 years | -61.13% | -33.94% | -27.19% |
Max Drawdown (5Y)Largest decline over 5 years | -61.13% | -34.32% | -26.81% |
Max Drawdown (10Y)Largest decline over 10 years | -61.13% | -34.32% | -26.81% |
Current DrawdownCurrent decline from peak | -47.16% | -23.92% | -23.24% |
Average DrawdownAverage peak-to-trough decline | -13.36% | -16.52% | +3.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.77% | 16.25% | +22.52% |
Volatility
FDS vs. ICE - Volatility Comparison
FactSet Research Systems Inc. (FDS) has a higher volatility of 17.41% compared to Intercontinental Exchange, Inc. (ICE) at 9.08%. This indicates that FDS's price experiences larger fluctuations and is considered to be riskier than ICE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FDS | ICE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.41% | 9.08% | +8.33% |
Volatility (6M)Calculated over the trailing 6-month period | 38.44% | 19.99% | +18.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.02% | 23.92% | +21.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.93% | 21.51% | +7.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.19% | 22.36% | +5.83% |
Dividends
FDS vs. ICE - Dividend Comparison
FDS's dividend yield for the trailing twelve months is around 1.74%, more than ICE's 1.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDS FactSet Research Systems Inc. | 1.74% | 1.50% | 0.85% | 0.80% | 0.87% | 0.66% | 0.91% | 1.04% | 1.24% | 1.13% | 1.19% | 1.05% |
ICE Intercontinental Exchange, Inc. | 1.41% | 1.19% | 1.21% | 1.31% | 1.48% | 0.97% | 1.04% | 1.19% | 1.27% | 1.13% | 1.21% | 1.13% |
Financials
FDS vs. ICE - Financials Comparison
This section allows you to compare key financial metrics between FactSet Research Systems Inc. and Intercontinental Exchange, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
FDS vs. ICE - Profitability Comparison
FDS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, FactSet Research Systems Inc. reported a gross profit of 310.73M and revenue of 622.92M. Therefore, the gross margin over that period was 49.9%.
ICE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Intercontinental Exchange, Inc. reported a gross profit of 2.89B and revenue of 3.67B. Therefore, the gross margin over that period was 78.8%.
FDS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, FactSet Research Systems Inc. reported an operating income of 166.30M and revenue of 622.92M, resulting in an operating margin of 26.7%.
ICE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Intercontinental Exchange, Inc. reported an operating income of 1.67B and revenue of 3.67B, resulting in an operating margin of 45.4%.
FDS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, FactSet Research Systems Inc. reported a net income of 126.72M and revenue of 622.92M, resulting in a net margin of 20.3%.
ICE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Intercontinental Exchange, Inc. reported a net income of 1.41B and revenue of 3.67B, resulting in a net margin of 38.5%.
Frequently Asked Questions
FDS and ICE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDS has higher volatility (17.41%) compared to ICE (9.08%). In terms of maximum drawdown, FDS dropped -61.13% vs ICE's -73.94%.
ICE currently has the higher Sharpe Ratio (-0.87 vs -0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FDS and ICE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer