IDEQ vs. EMKT

Last updated Jun 3, 2026

IDEQ (Lazard International Dynamic Equity ETF) and EMKT (Lazard Emerging Markets Opportunities ETF) are both exchange-traded funds - IDEQ is a Foreign Large Cap Equities fund actively managed by Lazard, while EMKT is a Emerging Markets Diversified fund actively managed by Lazard. Both are actively managed. Their correlation of 0.84 suggests significant overlap in exposure. IDEQ charges 0.40%/yr vs 0.74%/yr for EMKT.

Performance

IDEQ vs. EMKT - Performance Comparison

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

Returns By Period

In the year-to-date period, IDEQ achieves a 17.69% return, which is significantly lower than EMKT's 31.94% return.

IDEQ

• 1D: 0.85%
• 1M: 4.87%
• YTD: 17.69%
• 6M: 21.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMKT

• 1D: 1.04%
• 1M: 13.64%
• YTD: 31.94%
• 6M: 33.62%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IDEQ vs. EMKT - Yearly Performance Comparison

	2026 (YTD)	2025
IDEQ Lazard International Dynamic Equity ETF	17.69%	4.33%
EMKT Lazard Emerging Markets Opportunities ETF	31.94%	-1.29%

Correlation

The correlation between IDEQ and EMKT is 0.84, 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 Oct 28, 2025	0.84

Return for Risk

IDEQ vs. EMKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard International Dynamic Equity ETF (IDEQ) and Lazard Emerging Markets Opportunities ETF (EMKT). 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	EMKT	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.40	2.52	-0.11

Drawdowns

IDEQ vs. EMKT - Drawdown Comparison

The maximum IDEQ drawdown since its inception was -12.95%, smaller than the maximum EMKT drawdown of -14.21%. Use the drawdown chart below to compare losses from any high point for IDEQ and EMKT.

Drawdown Indicators

	IDEQ	EMKT	Difference
Max Drawdown Largest peak-to-trough decline	-12.95%	-14.21%	+1.26%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.10%	-3.05%	+0.95%

Volatility

Volatility by Period

	IDEQ	EMKT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.41%	22.44%	-4.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.41%	22.44%	-4.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.41%	22.44%	-4.03%

IDEQ vs. EMKT - Expense Ratio Comparison

IDEQ has a 0.40% expense ratio, which is lower than EMKT's 0.74% expense ratio.

Dividends

IDEQ vs. EMKT - Dividend Comparison

IDEQ's dividend yield for the trailing twelve months is around 0.51%, while EMKT has not paid dividends to shareholders.

Position	TTM	2025
EMKT Lazard Emerging Markets Opportunities ETF	0.00%	0.00%
IDEQ Lazard International Dynamic Equity ETF	0.51%	0.60%

Frequently Asked Questions

Can I hold both IDEQ and EMKT in my portfolio?

IDEQ and EMKT have a correlation of 0.84, 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 EMKT?

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, IDEQ or EMKT?

IDEQ is cheaper with a 0.40% expense ratio, compared with 0.74% for EMKT.

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

IDEQ has the higher dividend yield at 0.51%, compared with 0.00% for EMKT.

What is the main difference between IDEQ and EMKT?

IDEQ is categorized as Foreign Large Cap Equities, while EMKT is Emerging Markets Diversified. Their fees differ too: 0.40% for IDEQ and 0.74% for EMKT.