FDS vs. NDAQ
FDS (FactSet Research Systems Inc.) and NDAQ (Nasdaq, 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 5.42%/yr vs 17.04%/yr for NDAQ. At a 0.42 correlation, their price movements are largely independent.
Performance
FDS vs. NDAQ - Performance Comparison
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Returns By Period
In the year-to-date period, FDS achieves a -16.06% return, which is significantly lower than NDAQ's -7.77% return. Over the past 10 years, FDS has underperformed NDAQ with an annualized return of 5.42%, while NDAQ has yielded a comparatively higher 17.04% annualized return.
FDS
- 1D
- 1.91%
- 1M
- 14.00%
- YTD
- -16.06%
- 6M
- -16.71%
- 1Y
- -41.59%
- 3Y*
- -14.98%
- 5Y*
- -5.00%
- 10Y*
- 5.42%
NDAQ
- 1D
- 2.95%
- 1M
- -1.93%
- YTD
- -7.77%
- 6M
- -4.26%
- 1Y
- 5.27%
- 3Y*
- 22.18%
- 5Y*
- 10.57%
- 10Y*
- 17.04%
FDS vs. NDAQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDS FactSet Research Systems Inc. | -16.06% | -38.88% | 1.62% | 19.99% | -16.75% | 47.49% | 25.13% | 35.51% | 5.02% | 19.44% |
NDAQ Nasdaq, Inc. | -7.77% | 27.19% | 34.85% | -3.66% | -11.19% | 60.13% | 25.99% | 33.88% | 8.21% | 16.76% |
Correlation
The correlation between FDS and NDAQ is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2002 | 0.42 |
The correlation between FDS and NDAQ shifts across timeframes, from 0.42 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FDS:
$9.00B
NDAQ:
$50.87B
FDS:
$15.59
NDAQ:
$3.32
FDS:
15.47
NDAQ:
26.82
FDS:
1.44
NDAQ:
2.58
FDS:
3.79
NDAQ:
6.21
FDS:
4.23
NDAQ:
4.23
FDS:
$2.40B
NDAQ:
$8.27B
FDS:
$1.25B
NDAQ:
$4.53B
FDS:
$821.05M
NDAQ:
$3.11B
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Return for Risk
FDS vs. NDAQ — Risk / Return Rank
FDS
NDAQ
FDS vs. NDAQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FactSet Research Systems Inc. (FDS) and Nasdaq, Inc. (NDAQ). 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 | NDAQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.19 | ||
| Sortino ratioReturn per unit of downside risk | -1.81 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.05 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 0.19 | -0.92 |
| Martin ratioReturn relative to average drawdown | -1.10 | 0.42 | -1.52 |
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Drawdowns
FDS vs. NDAQ - Drawdown Comparison
The maximum FDS drawdown since its inception was -61.13%, smaller than the maximum NDAQ drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for FDS and NDAQ.
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Drawdown Indicators
| FDS | NDAQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.13% | -68.48% | +7.35% |
Max Drawdown (1Y)Largest decline over 1 year | -57.50% | -21.76% | -35.74% |
Max Drawdown (3Y)Largest decline over 3 years | -61.13% | -21.76% | -39.37% |
Max Drawdown (5Y)Largest decline over 5 years | -61.13% | -32.84% | -28.29% |
Max Drawdown (10Y)Largest decline over 10 years | -61.13% | -38.31% | -22.82% |
Current DrawdownCurrent decline from peak | -50.18% | -11.29% | -38.89% |
Average DrawdownAverage peak-to-trough decline | -13.24% | -23.80% | +10.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.47% | 9.50% | +28.97% |
Volatility
FDS vs. NDAQ - Volatility Comparison
FactSet Research Systems Inc. (FDS) has a higher volatility of 16.39% compared to Nasdaq, Inc. (NDAQ) at 7.88%. This indicates that FDS's price experiences larger fluctuations and is considered to be riskier than NDAQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDS | NDAQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.39% | 7.88% | +8.51% |
Volatility (6M)Calculated over the trailing 6-month period | 35.69% | 20.80% | +14.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.35% | 24.66% | +16.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.79% | 23.96% | +3.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.70% | 24.27% | +3.43% |
Dividends
FDS vs. NDAQ - Dividend Comparison
FDS's dividend yield for the trailing twelve months is around 1.85%, more than NDAQ's 1.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDS FactSet Research Systems Inc. | 1.85% | 1.50% | 0.85% | 0.80% | 0.87% | 0.66% | 0.91% | 1.04% | 1.24% | 1.13% | 1.19% | 1.05% |
NDAQ Nasdaq, Inc. | 1.26% | 1.08% | 1.22% | 1.48% | 1.27% | 1.00% | 1.46% | 1.73% | 2.08% | 1.90% | 1.80% | 1.55% |
Financials
FDS vs. NDAQ - Financials Comparison
This section allows you to compare key financial metrics between FactSet Research Systems Inc. and Nasdaq, 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. NDAQ - Profitability Comparison
FDS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FactSet Research Systems Inc. reported a gross profit of 314.28M and revenue of 611.02M. Therefore, the gross margin over that period was 51.4%.
NDAQ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nasdaq, Inc. reported a gross profit of 1.41B and revenue of 2.14B. Therefore, the gross margin over that period was 65.8%.
FDS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FactSet Research Systems Inc. reported an operating income of 184.96M and revenue of 611.02M, resulting in an operating margin of 30.3%.
NDAQ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nasdaq, Inc. reported an operating income of 657.00M and revenue of 2.14B, resulting in an operating margin of 30.7%.
FDS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FactSet Research Systems Inc. reported a net income of 133.06M and revenue of 611.02M, resulting in a net margin of 21.8%.
NDAQ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nasdaq, Inc. reported a net income of 519.00M and revenue of 2.14B, resulting in a net margin of 24.3%.
Frequently Asked Questions
FDS and NDAQ have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDS has higher volatility (16.39%) compared to NDAQ (7.88%). In terms of maximum drawdown, FDS dropped -61.13% vs NDAQ's -68.48%.
NDAQ currently has the higher Sharpe Ratio (0.16 vs -1.02), 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.
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