ICPY vs. IDEQ

Last updated Jun 27, 2026

ICPY (Tweedy, Browne International Insider + Value ETF) and IDEQ (Lazard International Dynamic Equity ETF) are both Foreign Large Cap Equities funds. Both are actively managed. A 0.77 correlation means they provide meaningful diversification when combined. ICPY charges 0.80%/yr vs 0.40%/yr for IDEQ.

Performance

ICPY vs. IDEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tweedy, Browne International Insider + Value ETF (ICPY) 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, ICPY achieves a 12.60% return, which is significantly lower than IDEQ's 14.92% return.

ICPY

• 1D: -0.08%
• 1M: -1.61%
• YTD: 12.60%
• 6M: 13.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDEQ

• 1D: -0.89%
• 1M: -0.97%
• YTD: 14.92%
• 6M: 14.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ICPY vs. IDEQ - Yearly Performance Comparison

	2026 (YTD)	2025
ICPY Tweedy, Browne International Insider + Value ETF	12.60%	13.79%
IDEQ Lazard International Dynamic Equity ETF	14.92%	9.88%

Correlation

The correlation between ICPY and IDEQ is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025	0.77

Return for Risk

ICPY vs. IDEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tweedy, Browne International Insider + Value ETF (ICPY) 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

ICPY vs. IDEQ - Drawdown Comparison

The maximum ICPY drawdown since its inception was -8.86%, smaller than the maximum IDEQ drawdown of -12.95%. Use the drawdown chart below to compare losses from any high point for ICPY and IDEQ.

Drawdown Indicators

	ICPY	IDEQ	Difference
Max Drawdown Largest peak-to-trough decline	-8.86%	-12.95%	+4.09%
Current Drawdown Current decline from peak	-2.71%	-3.65%	+0.94%
Average Drawdown Average peak-to-trough decline	-1.57%	-2.09%	+0.52%

Volatility

Volatility by Period

	ICPY	IDEQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	15.09%	19.41%	-4.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.09%	19.41%	-4.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.09%	19.41%	-4.32%

ICPY vs. IDEQ - Expense Ratio Comparison

ICPY has a 0.80% expense ratio, which is higher than IDEQ's 0.40% expense ratio.

Dividends

ICPY vs. IDEQ - Dividend Comparison

ICPY's dividend yield for the trailing twelve months is around 4.05%, more than IDEQ's 1.35% yield.

Position	TTM	2025
ICPY Tweedy, Browne International Insider + Value ETF	4.05%	4.56%
IDEQ Lazard International Dynamic Equity ETF	1.35%	0.60%

Frequently Asked Questions

Can I hold both ICPY and IDEQ in my portfolio?

ICPY and IDEQ have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ICPY 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, ICPY or IDEQ?

IDEQ is cheaper with a 0.40% expense ratio, compared with 0.80% for ICPY.

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

ICPY has the higher dividend yield at 4.05%, compared with 1.35% for IDEQ.

What is the main difference between ICPY and IDEQ?

They also come from different issuers: Tweedy, Browne and Lazard. Their fees differ too: 0.80% for ICPY and 0.40% for IDEQ.