EMKT vs. IDEQ

Last updated Jun 23, 2026

EMKT (Lazard Emerging Markets Opportunities ETF) and IDEQ (Lazard International Dynamic Equity ETF) are both exchange-traded funds - EMKT is a Emerging Markets Diversified fund actively managed by Lazard, while IDEQ is a Foreign Large Cap Equities fund actively managed by Lazard. Both are actively managed. Their correlation of 0.85 suggests significant overlap in exposure. EMKT charges 0.74%/yr vs 0.40%/yr for IDEQ.

Performance

EMKT vs. IDEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Emerging Markets Opportunities ETF (EMKT) and Lazard International Dynamic Equity ETF (IDEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMKT achieves a 32.87% return, which is significantly higher than IDEQ's 19.27% return.

EMKT

• 1D: 0.39%
• 1M: 9.53%
• YTD: 32.87%
• 6M: 34.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDEQ

• 1D: 0.28%
• 1M: 4.53%
• YTD: 19.27%
• 6M: 20.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EMKT vs. IDEQ - Yearly Performance Comparison

	2026 (YTD)	2025
EMKT Lazard Emerging Markets Opportunities ETF	32.87%	-1.26%
IDEQ Lazard International Dynamic Equity ETF	19.27%	5.63%

Correlation

The correlation between EMKT and IDEQ is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025	0.85

Return for Risk

EMKT vs. IDEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Emerging Markets Opportunities ETF (EMKT) and Lazard International Dynamic Equity ETF (IDEQ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

EMKT vs. IDEQ - Drawdown Comparison

The maximum EMKT drawdown since its inception was -14.21%, which is greater than IDEQ's maximum drawdown of -12.95%. Use the drawdown chart below to compare losses from any high point for EMKT and IDEQ.

Drawdown Indicators

	EMKT	IDEQ	Difference
Max Drawdown Largest peak-to-trough decline	-14.21%	-12.95%	-1.26%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.08%	-2.07%	-1.01%

Volatility

Volatility by Period

	EMKT	IDEQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.71%	19.19%	+4.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.71%	19.19%	+4.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.71%	19.19%	+4.52%

EMKT vs. IDEQ - Expense Ratio Comparison

EMKT has a 0.74% expense ratio, which is higher than IDEQ's 0.40% expense ratio.

Dividends

EMKT vs. IDEQ - Dividend Comparison

EMKT's dividend yield for the trailing twelve months is around 0.42%, less than IDEQ's 1.30% yield.

Position	TTM	2025
EMKT Lazard Emerging Markets Opportunities ETF	0.42%	0.00%
IDEQ Lazard International Dynamic Equity ETF	1.30%	0.60%

Frequently Asked Questions

Can I hold both EMKT and IDEQ in my portfolio?

EMKT and IDEQ have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMKT or IDEQ?

On fees, IDEQ is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMKT or IDEQ?

IDEQ is cheaper with a 0.40% expense ratio, compared with 0.74% for EMKT.

Which ETF pays a higher dividend yield, EMKT or IDEQ?

IDEQ has the higher dividend yield at 1.30%, compared with 0.42% for EMKT.

What is the main difference between EMKT and IDEQ?

EMKT is categorized as Emerging Markets Diversified, while IDEQ is Foreign Large Cap Equities. Their fees differ too: 0.74% for EMKT and 0.40% for IDEQ.