IDEQ vs. DWX
IDEQ (Lazard International Dynamic Equity ETF) and DWX (SPDR S&P International Dividend ETF) are both Foreign Large Cap Equities funds. IDEQ is actively managed, while DWX is passively managed. A 0.69 correlation means they provide meaningful diversification when combined. IDEQ charges 0.40%/yr vs 0.45%/yr for DWX.
Performance
IDEQ vs. DWX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDEQ achieves a 15.58% return, which is significantly higher than DWX's 5.78% return.
IDEQ
- 1D
- -3.09%
- 1M
- 1.29%
- YTD
- 15.58%
- 6M
- 15.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DWX
- 1D
- -0.51%
- 1M
- -1.18%
- YTD
- 5.78%
- 6M
- 6.08%
- 1Y
- 14.56%
- 3Y*
- 15.28%
- 5Y*
- 7.29%
- 10Y*
- 7.81%
IDEQ vs. DWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IDEQ Lazard International Dynamic Equity ETF | 15.58% | 12.10% |
DWX SPDR S&P International Dividend ETF | 5.78% | 4.31% |
Correlation
The correlation between IDEQ and DWX is 0.69, 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 Aug 29, 2025 | 0.69 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IDEQ vs. DWX — Risk / Return Rank
IDEQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DWX
IDEQ vs. DWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard International Dynamic Equity ETF (IDEQ) and SPDR S&P International Dividend ETF (DWX). 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.
| IDEQ | DWX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.70 | — |
| Martin ratioReturn relative to average drawdown | — | 5.28 | — |
Loading charts...
Drawdowns
IDEQ vs. DWX - Drawdown Comparison
The maximum IDEQ drawdown since its inception was -12.95%, smaller than the maximum DWX drawdown of -66.86%. Use the drawdown chart below to compare losses from any high point for IDEQ and DWX.
Loading charts...
Drawdown Indicators
| IDEQ | DWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.95% | -66.86% | +53.91% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.59% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.65% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.96% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.05% | — |
Current DrawdownCurrent decline from peak | -3.09% | -4.53% | +1.44% |
Average DrawdownAverage peak-to-trough decline | -2.07% | -14.10% | +12.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.76% | — |
Volatility
IDEQ vs. DWX - Volatility Comparison
Loading charts...
Volatility by Period
| IDEQ | DWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.98% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.96% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.48% | 11.00% | +8.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.48% | 12.23% | +7.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.48% | 14.82% | +4.66% |
IDEQ vs. DWX - Expense Ratio Comparison
IDEQ has a 0.40% expense ratio, which is lower than DWX's 0.45% expense ratio.
Dividends
IDEQ vs. DWX - Dividend Comparison
IDEQ's dividend yield for the trailing twelve months is around 1.34%, less than DWX's 4.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DWX SPDR S&P International Dividend ETF | 4.31% | 4.44% | 4.31% | 4.12% | 4.68% | 3.89% | 3.84% | 4.40% | 5.06% | 3.85% | 5.25% | 5.81% |
IDEQ Lazard International Dynamic Equity ETF | 1.34% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IDEQ and DWX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
IDEQ is cheaper with a 0.40% expense ratio, compared with 0.45% for DWX.
DWX has the higher dividend yield at 4.31%, compared with 1.34% for IDEQ.
They also come from different issuers: Lazard and State Street. Their fees differ too: 0.40% for IDEQ and 0.45% for DWX.
Find the right allocation for IDEQ and DWX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer