FIS vs. IEMG
FIS (Fidelity National Information Services, Inc.) is a stock, while IEMG (iShares Core MSCI Emerging Markets ETF) is Emerging Markets Diversified fund tracking the MSCI Emerging Markets Investable Market Index (USD) (Net). Over the past 10 years, FIS returned -4.22%/yr vs 10.41%/yr for IEMG. At a 0.40 correlation, their price movements are largely independent.
Performance
FIS vs. IEMG - Performance Comparison
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Returns By Period
In the year-to-date period, FIS achieves a -37.99% return, which is significantly lower than IEMG's 26.21% return. Over the past 10 years, FIS has underperformed IEMG with an annualized return of -4.22%, while IEMG has yielded a comparatively higher 10.41% annualized return.
FIS
- 1D
- -3.90%
- 1M
- -13.58%
- YTD
- -37.99%
- 6M
- -36.85%
- 1Y
- -47.70%
- 3Y*
- -7.28%
- 5Y*
- -20.74%
- 10Y*
- -4.22%
IEMG
- 1D
- -1.34%
- 1M
- 7.97%
- YTD
- 26.21%
- 6M
- 28.63%
- 1Y
- 52.58%
- 3Y*
- 23.55%
- 5Y*
- 7.58%
- 10Y*
- 10.41%
FIS vs. IEMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIS Fidelity National Information Services, Inc. | -37.99% | -15.85% | 36.96% | -8.21% | -36.46% | -21.90% | 2.71% | 37.19% | 10.32% | 26.04% |
IEMG iShares Core MSCI Emerging Markets ETF | 26.21% | 32.56% | 6.50% | 11.52% | -19.98% | -0.64% | 17.87% | 17.81% | -14.92% | 37.38% |
Correlation
The correlation between FIS and IEMG is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2012 | 0.40 |
Over the past year, the correlation between FIS and IEMG has dropped to 0.11 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
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Return for Risk
FIS vs. IEMG — Risk / Return Rank
FIS
IEMG
FIS vs. IEMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity National Information Services, Inc. (FIS) and iShares Core MSCI Emerging Markets ETF (IEMG). 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.
| FIS | IEMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.32 | ||
| Sortino ratioReturn per unit of downside risk | -5.93 | ||
| Omega ratioGain probability vs. loss probability | 0.69 | 1.50 | -0.81 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | 4.00 | -4.97 |
| Martin ratioReturn relative to average drawdown | -1.71 | 15.38 | -17.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIS | IEMG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.60 | 2.72 | -4.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.62 | 0.41 | -1.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.14 | 0.52 | -0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.35 | -0.14 |
Drawdowns
FIS vs. IEMG - Drawdown Comparison
The maximum FIS drawdown since its inception was -70.50%, which is greater than IEMG's maximum drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for FIS and IEMG.
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Drawdown Indicators
| FIS | IEMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.50% | -38.71% | -31.79% |
Max Drawdown (1Y)Largest decline over 1 year | -49.36% | -13.21% | -36.15% |
Max Drawdown (3Y)Largest decline over 3 years | -53.46% | -17.21% | -36.25% |
Max Drawdown (5Y)Largest decline over 5 years | -69.64% | -35.83% | -33.81% |
Max Drawdown (10Y)Largest decline over 10 years | -70.50% | -38.71% | -31.79% |
Current DrawdownCurrent decline from peak | -70.50% | -1.34% | -69.16% |
Average DrawdownAverage peak-to-trough decline | -19.67% | -12.97% | -6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.87% | 3.43% | +24.44% |
Volatility
FIS vs. IEMG - Volatility Comparison
Fidelity National Information Services, Inc. (FIS) has a higher volatility of 12.27% compared to iShares Core MSCI Emerging Markets ETF (IEMG) at 8.31%. This indicates that FIS's price experiences larger fluctuations and is considered to be riskier than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIS | IEMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.27% | 8.31% | +3.96% |
Volatility (6M)Calculated over the trailing 6-month period | 24.31% | 16.93% | +7.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.95% | 19.43% | +10.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.42% | 18.38% | +15.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.90% | 20.03% | +9.87% |
Dividends
FIS vs. IEMG - Dividend Comparison
FIS's dividend yield for the trailing twelve months is around 4.01%, more than IEMG's 2.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIS Fidelity National Information Services, Inc. | 4.01% | 2.41% | 1.78% | 3.46% | 2.77% | 1.43% | 0.99% | 1.01% | 1.25% | 1.23% | 1.37% | 1.72% |
IEMG iShares Core MSCI Emerging Markets ETF | 2.18% | 2.75% | 3.20% | 2.89% | 2.71% | 3.06% | 1.87% | 3.15% | 2.76% | 2.35% | 2.28% | 2.53% |
Frequently Asked Questions
FIS and IEMG have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIS has higher volatility (12.27%) compared to IEMG (8.31%). In terms of maximum drawdown, FIS dropped -70.50% vs IEMG's -38.71%.
IEMG currently has the higher Sharpe Ratio (2.72 vs -1.60), 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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