EPSB vs. SYZ

Last updated Jul 14, 2026

EPSB (Harbor SMID Cap Core ETF) and SYZ (Lazard US Systematic Small Cap Equity ETF) are both Small Cap Blend Equities funds. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. EPSB charges 0.88%/yr vs 0.60%/yr for SYZ.

Performance

EPSB vs. SYZ - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with EPSB having a 20.05% return and SYZ slightly lower at 19.19%.

EPSB

• 1D: -0.90%
• 1M: -0.77%
• 6M: 12.95%
• YTD: 20.05%
• 1Y: 26.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SYZ

• 1D: -0.68%
• 1M: -0.46%
• 6M: 14.18%
• YTD: 19.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EPSB vs. SYZ - Yearly Performance Comparison

	2026 (YTD)	2025
EPSB Harbor SMID Cap Core ETF	20.05%	2.10%
SYZ Lazard US Systematic Small Cap Equity ETF	19.19%	0.54%

Correlation

The correlation between EPSB and SYZ is 0.88, 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 Sep 15, 2025	0.88

Return for Risk

EPSB vs. SYZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EPSB

EPSB Risk / Return Rank: 69
EPSB Sharpe Ratio Rank: 65
EPSB Sortino Ratio Rank: 71
EPSB Omega Ratio Rank: 60
EPSB Calmar Ratio Rank: 76
EPSB Martin Ratio Rank: 72

SYZ

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EPSB vs. SYZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor SMID Cap Core ETF (EPSB) 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.

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.

	EPSB	SYZ	Difference
Sharpe ratio: Return per unit of total volatility	1.70	—	—
Sortino ratio: Return per unit of downside risk	2.57	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	3.09	—	—
Martin ratio: Return relative to average drawdown	10.46	—	—

Drawdowns

EPSB vs. SYZ - Drawdown Comparison

The maximum EPSB drawdown since its inception was -8.46%, which is greater than SYZ's maximum drawdown of -8.00%. Use the drawdown chart below to compare losses from any high point for EPSB and SYZ.

Drawdown Indicators

	EPSB	SYZ	Difference
Max Drawdown Largest peak-to-trough decline	-8.46%	-8.00%	-0.46%
Max Drawdown (1Y) Largest decline over 1 year	-8.46%	—	—
Current Drawdown Current decline from peak	-1.54%	-2.81%	+1.27%
Average Drawdown Average peak-to-trough decline	-1.51%	-1.97%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	—	—

Volatility

Volatility by Period

	EPSB	SYZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.37%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.42%	16.73%	-1.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	16.73%	-1.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.45%	16.73%	-1.28%

EPSB vs. SYZ - Expense Ratio Comparison

EPSB has a 0.88% expense ratio, which is higher than SYZ's 0.60% expense ratio.

Dividends

EPSB vs. SYZ - Dividend Comparison

EPSB's dividend yield for the trailing twelve months is around 1.13%, more than SYZ's 0.24% yield.

Position	TTM	2025
EPSB Harbor SMID Cap Core ETF	1.13%	1.36%
SYZ Lazard US Systematic Small Cap Equity ETF	0.24%	0.00%

Frequently Asked Questions

Can I hold both EPSB and SYZ in my portfolio?

EPSB and SYZ have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EPSB or SYZ?

On fees, SYZ is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EPSB or SYZ?

SYZ is cheaper with a 0.60% expense ratio, compared with 0.88% for EPSB.

Which ETF pays a higher dividend yield, EPSB or SYZ?

EPSB has the higher dividend yield at 1.13%, compared with 0.24% for SYZ.

What is the main difference between EPSB and SYZ?

They also come from different issuers: Harbor and Lazard. Their fees differ too: 0.88% for EPSB and 0.60% for SYZ.