EMKT vs. SYZ

Last updated Apr 3, 2026

Compare and contrast key facts about Lazard Emerging Markets Opportunities ETF (EMKT) and Lazard US Systematic Small Cap Equity ETF (SYZ).

EMKT and SYZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMKT is an actively managed fund by Lazard. It was launched on Oct 27, 2025. SYZ is an actively managed fund by Lazard. It was launched on Oct 29, 2021.

Performance

EMKT vs. SYZ - Performance Comparison

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

EMKT vs. SYZ - Yearly Performance Comparison

	2026 (YTD)	2025
EMKT Lazard Emerging Markets Opportunities ETF	3.23%	-1.29%
SYZ Lazard US Systematic Small Cap Equity ETF	4.69%	1.11%

Returns By Period

In the year-to-date period, EMKT achieves a 3.23% return, which is significantly lower than SYZ's 4.69% return.

EMKT

• 1D: -1.09%
• 1M: -3.68%
• YTD: 3.23%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SYZ

• 1D: 0.29%
• 1M: -2.59%
• YTD: 4.69%
• 6M: 5.95%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EMKT vs. SYZ - Expense Ratio Comparison

EMKT has a 0.74% expense ratio, which is higher than SYZ's 0.60% expense ratio.

EMKT

Lazard Emerging Markets Opportunities ETF

SYZ

Lazard US Systematic Small Cap Equity ETF

Return for Risk

EMKT vs. SYZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Emerging Markets Opportunities ETF (EMKT) and Lazard US Systematic Small Cap Equity ETF (SYZ). 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.

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

Sharpe Ratios by Period

	EMKT	SYZ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.62	-0.40

Correlation

The correlation between EMKT and SYZ is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EMKT vs. SYZ - Dividend Comparison

EMKT has not paid dividends to shareholders, while SYZ's dividend yield for the trailing twelve months is around 0.16%.

	TTM
EMKT Lazard Emerging Markets Opportunities ETF	0.00%
SYZ Lazard US Systematic Small Cap Equity ETF	0.16%

Drawdowns

EMKT vs. SYZ - Drawdown Comparison

The maximum EMKT drawdown since its inception was -14.21%, which is greater than SYZ's maximum drawdown of -8.00%. Use the drawdown chart below to compare losses from any high point for EMKT and SYZ.

Drawdown Indicators

	EMKT	SYZ	Difference
Max Drawdown Largest peak-to-trough decline	-14.21%	-8.00%	-6.21%
Current Drawdown Current decline from peak	-10.69%	-4.12%	-6.57%
Average Drawdown Average peak-to-trough decline	-3.48%	-2.46%	-1.02%

Volatility

Volatility by Period

	EMKT	SYZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.36%	16.86%	+3.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.36%	16.86%	+3.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.36%	16.86%	+3.50%