FISV vs. GSY

Last updated Aug 6, 2026

FISV (Fiserv, Inc) is a stock, while GSY (Invesco Ultra Short Duration ETF) is Ultrashort Bond fund actively managed by Invesco. Over the past 10 years, FISV returned 0.28%/yr vs 2.89%/yr for GSY. Their 0.00 correlation means their historical movements had little consistent relationship.

Performance

FISV vs. GSY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fiserv, Inc (FISV) and Invesco Ultra Short Duration ETF (GSY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FISV achieves a -19.44% return, which is significantly lower than GSY's 2.30% return. Over the past 10 years, FISV has underperformed GSY with an annualized return of 0.28%, while GSY has yielded a comparatively higher 2.89% annualized return.

FISV

• 1D: -2.99%
• 1M: 4.50%
• 6M: -9.39%
• YTD: -19.44%
• 1Y: -59.70%
• 3Y*: -24.32%
• 5Y*: -13.37%
• 10Y*: 0.28%
• ALL TIME*: 13.82%

GSY

• 1D: 0.02%
• 1M: 0.30%
• 6M: 1.83%
• YTD: 2.30%
• 1Y: 4.24%
• 3Y*: 5.35%
• 5Y*: 3.78%
• 10Y*: 2.89%
• ALL TIME*: 1.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FISV Fiserv, Inc	$441.50M	$386.27M	$411.88M
GSY Invesco Ultra Short Duration ETF	$51.65M	$38.65M	$34.68M

FISV vs. GSY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FISV Fiserv, Inc	-19.44%	-67.30%	54.64%	31.43%	-2.62%	-8.84%	-1.53%	57.34%	12.09%	23.38%
GSY Invesco Ultra Short Duration ETF	2.30%	4.96%	5.95%	5.99%	0.01%	0.03%	1.88%	3.39%	2.18%	1.86%

Correlation

The correlation between FISV and GSY is 0.07, 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.	0.07
Correlation (3Y) Balances recent behavior with more history.	0.07
Correlation (5Y) Shows whether the relationship held over a longer period.	0.06
Correlation (10Y) Provides a long-term view across more market conditions.	0.03
Correlation (All Time) Calculated using the full available price history since Feb 12, 2008	0.00

Return for Risk

FISV vs. GSY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FISV

FISV Risk / Return Rank: 6
FISV Sharpe Ratio Rank: 3
FISV Sortino Ratio Rank: 7
FISV Omega Ratio Rank: 2
FISV Calmar Ratio Rank: 6
FISV Martin Ratio Rank: 14

GSY

GSY Risk / Return Rank: 99
GSY Sharpe Ratio Rank: 100
GSY Sortino Ratio Rank: 99
GSY Omega Ratio Rank: 99
GSY Calmar Ratio Rank: 100
GSY Martin Ratio Rank: 100

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FISV vs. GSY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fiserv, Inc (FISV) and Invesco Ultra Short Duration ETF (GSY). 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.

	FISV	GSY	Difference
Sharpe ratio: Return per unit of total volatility	-1.06	10.23	-11.29
Sortino ratio: Return per unit of downside risk	-1.36	22.91	-24.27
Omega ratio: Gain probability vs. loss probability	0.73	5.43	-4.70
Calmar ratio: Return relative to maximum drawdown	-0.90	71.03	-71.93
Martin ratio: Return relative to average drawdown	-1.18	310.12	-311.30

FISV vs. GSY - Sharpe Ratio Comparison

The current FISV Sharpe Ratio is -1.06, which is lower than the GSY Sharpe Ratio of 10.23. The chart below compares the historical Sharpe Ratios of FISV and GSY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FISV vs. GSY - Drawdown Comparison

The maximum FISV drawdown since its inception was -80.16%, which is greater than GSY's maximum drawdown of -12.14%. Use the drawdown chart below to compare losses from any high point for FISV and GSY.

Drawdown Indicators

	FISV	GSY	Difference
Max Drawdown Largest peak-to-trough decline	-80.16%	-12.14%	-68.02%
Max Drawdown (1Y) Largest decline over 1 year	-66.30%	-0.06%	-66.24%
Max Drawdown (3Y) Largest decline over 3 years	-80.16%	-0.18%	-79.98%
Max Drawdown (5Y) Largest decline over 5 years	-80.16%	-1.48%	-78.68%
Max Drawdown (10Y) Largest decline over 10 years	-80.16%	-5.25%	-74.91%
Current Drawdown Current decline from peak	-77.24%	0.00%	-77.24%
Average Drawdown Average peak-to-trough decline	-11.44%	-2.36%	-9.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	50.50%	0.01%	+50.49%

Volatility

FISV vs. GSY - Volatility Comparison

Fiserv, Inc (FISV) has a higher volatility of 11.09% compared to Invesco Ultra Short Duration ETF (GSY) at 0.14%. This indicates that FISV's price experiences larger fluctuations and is considered to be riskier than GSY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FISV	GSY	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.09%	0.14%	+10.95%
Volatility (6M) Calculated over the trailing 6-month period	29.83%	0.33%	+29.50%
Volatility (1Y) Calculated over the trailing 1-year period	56.47%	0.42%	+56.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.29%	0.59%	+35.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.04%	1.22%	+30.82%

Dividends

FISV vs. GSY - Dividend Comparison

FISV has not paid dividends to shareholders, while GSY's dividend yield for the trailing twelve months is around 4.25%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FISV Fiserv, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GSY Invesco Ultra Short Duration ETF	4.25%	4.56%	5.31%	4.95%	1.70%	0.58%	1.45%	2.71%	2.30%	1.80%	1.21%	1.17%

Frequently Asked Questions

Can I hold both FISV and GSY in my portfolio?

FISV and GSY have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FISV or GSY?

FISV has higher volatility (11.09%) compared to GSY (0.14%). In terms of maximum drawdown, FISV dropped -80.16% vs GSY's -12.14%.

Which has better risk-adjusted returns?

GSY currently has the higher Sharpe Ratio (10.23 vs -1.06), 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.