IDEQ vs. DFIV

Last updated Jun 4, 2026

IDEQ (Lazard International Dynamic Equity ETF) and DFIV (Dimensional International Value ETF) are both Foreign Large Cap Equities funds. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. IDEQ charges 0.40%/yr vs 0.27%/yr for DFIV.

Performance

IDEQ vs. DFIV - Performance Comparison

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

Returns By Period

In the year-to-date period, IDEQ achieves a 16.67% return, which is significantly higher than DFIV's 11.54% return.

IDEQ

• 1D: -0.87%
• 1M: 4.76%
• YTD: 16.67%
• 6M: 20.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DFIV

• 1D: -0.70%
• 1M: 2.57%
• YTD: 11.54%
• 6M: 15.41%
• 1Y: 34.88%
• 3Y*: 23.90%
• 5Y*: —
• 10Y*: —

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

IDEQ vs. DFIV - Yearly Performance Comparison

	2026 (YTD)	2025
IDEQ Lazard International Dynamic Equity ETF	16.67%	11.77%
DFIV Dimensional International Value ETF	11.54%	11.05%

Correlation

The correlation between IDEQ and DFIV is 0.86, 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 2, 2025	0.86

Return for Risk

IDEQ vs. DFIV — Risk / Return Rank

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

DFIV

DFIV Risk / Return Rank: 75
DFIV Sharpe Ratio Rank: 77
DFIV Sortino Ratio Rank: 76
DFIV Omega Ratio Rank: 75
DFIV Calmar Ratio Rank: 71
DFIV Martin Ratio Rank: 73

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.

IDEQ vs. DFIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard International Dynamic Equity ETF (IDEQ) and Dimensional International Value ETF (DFIV). 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

	IDEQ	DFIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.30	0.94	+1.37

Drawdowns

IDEQ vs. DFIV - Drawdown Comparison

The maximum IDEQ drawdown since its inception was -12.95%, smaller than the maximum DFIV drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for IDEQ and DFIV.

Drawdown Indicators

	IDEQ	DFIV	Difference
Max Drawdown Largest peak-to-trough decline	-12.95%	-25.42%	+12.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.66%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.72%	—
Current Drawdown Current decline from peak	-0.87%	-1.02%	+0.15%
Average Drawdown Average peak-to-trough decline	-2.10%	-4.48%	+2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.49%	—

Volatility

Volatility by Period

	IDEQ	DFIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.39%	13.69%	+4.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.39%	16.63%	+1.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.39%	16.63%	+1.76%

IDEQ vs. DFIV - Expense Ratio Comparison

IDEQ has a 0.40% expense ratio, which is higher than DFIV's 0.27% expense ratio.

Dividends

IDEQ vs. DFIV - Dividend Comparison

IDEQ's dividend yield for the trailing twelve months is around 0.52%, less than DFIV's 2.55% yield.

Position	TTM	2025	2024	2023	2022	2021
DFIV Dimensional International Value ETF	2.55%	2.92%	3.88%	3.93%	3.84%	2.30%
IDEQ Lazard International Dynamic Equity ETF	0.52%	0.60%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IDEQ and DFIV in my portfolio?

IDEQ and DFIV have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IDEQ or DFIV?

On fees, DFIV is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IDEQ or DFIV?

DFIV is cheaper with a 0.27% expense ratio, compared with 0.40% for IDEQ.

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

DFIV has the higher dividend yield at 2.55%, compared with 0.52% for IDEQ.

What is the main difference between IDEQ and DFIV?

They also come from different issuers: Lazard and Dimensional. Their fees differ too: 0.40% for IDEQ and 0.27% for DFIV.