FIS vs. IEMG
FIS (Fidelity National Information Services, Inc.) is a stock, while IEMG (iShares Core MSCI Emerging Markets ETF) is Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index (USD) (Net). Over the past 10 years, FIS returned -3.70%/yr vs 8.84%/yr for IEMG. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
FIS vs. IEMG - Performance Comparison
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Returns By Period
In the year-to-date period, FIS achieves a -31.28% return, which is significantly lower than IEMG's 16.38% return. Over the past 10 years, FIS has underperformed IEMG with an annualized return of -3.70%, while IEMG has yielded a comparatively higher 8.84% annualized return.
FIS
- 1D
- -2.67%
- 1M
- 7.11%
- 6M
- -17.34%
- YTD
- -31.28%
- 1Y
- -41.02%
- 3Y*
- -7.42%
- 5Y*
- -19.38%
- 10Y*
- -3.70%
- ALL TIME*
- 6.68%
IEMG
- 1D
- 0.73%
- 1M
- -2.79%
- 6M
- 7.82%
- YTD
- 16.38%
- 1Y
- 32.88%
- 3Y*
- 18.00%
- 5Y*
- 7.26%
- 10Y*
- 8.84%
- ALL TIME*
- 6.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $259.13M | $245.47M | $282.24M | |
| $833.06M | $972.69M | $1.09B |
FIS vs. IEMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIS Fidelity National Information Services, Inc. | -31.28% | -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 | 16.38% | 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 -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.06 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2012 | 0.38 |
The correlation between FIS and IEMG shifts across timeframes, from -0.06 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
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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.
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.
| FIS | IEMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.63 | ||
| Sortino ratioReturn per unit of downside risk | -3.70 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.26 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | 2.33 | -3.16 |
| Martin ratioReturn relative to average drawdown | -1.33 | 7.16 | -8.48 |
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Drawdowns
FIS vs. IEMG - Drawdown Comparison
The maximum FIS drawdown since its inception was -72.46%, 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 | -72.46% | -38.71% | -33.75% |
Max Drawdown (1Y)Largest decline over 1 year | -50.68% | -13.78% | -36.90% |
Max Drawdown (3Y)Largest decline over 3 years | -56.55% | -17.21% | -39.34% |
Max Drawdown (5Y)Largest decline over 5 years | -68.19% | -33.61% | -34.58% |
Max Drawdown (10Y)Largest decline over 10 years | -72.46% | -38.71% | -33.75% |
Current DrawdownCurrent decline from peak | -67.31% | -9.76% | -57.55% |
Average DrawdownAverage peak-to-trough decline | -19.99% | -12.89% | -7.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.90% | 4.47% | +27.43% |
Volatility
FIS vs. IEMG - Volatility Comparison
Fidelity National Information Services, Inc. (FIS) has a higher volatility of 12.42% compared to iShares Core MSCI Emerging Markets ETF (IEMG) at 8.73%. 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 | 12.42% | 8.73% | +3.69% |
Volatility (6M)Calculated over the trailing 6-month period | 27.22% | 21.74% | +5.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.88% | 23.71% | +9.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.92% | 19.27% | +14.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.14% | 20.32% | +9.82% |
Dividends
FIS vs. IEMG - Dividend Comparison
FIS's dividend yield for the trailing twelve months is around 3.75%, more than IEMG's 2.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIS Fidelity National Information Services, Inc. | 3.75% | 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 | 2.32% | 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 -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIS has higher volatility (12.42%) compared to IEMG (8.73%). In terms of maximum drawdown, FIS dropped -72.46% vs IEMG's -38.71%.
IEMG currently has the higher Sharpe Ratio (1.35 vs -1.28), 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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