IDEQ vs. EMKT

Last updated Apr 1, 2026

Compare and contrast key facts about Lazard International Dynamic Equity ETF (IDEQ) and Lazard Emerging Markets Opportunities ETF (EMKT).

IDEQ and EMKT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IDEQ is an actively managed fund by Lazard. It was launched on May 12, 2025. EMKT is an actively managed fund by Lazard. It was launched on Oct 27, 2025.

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.

IDEQ vs. EMKT - Yearly Performance Comparison

	2026 (YTD)	2025
IDEQ Lazard International Dynamic Equity ETF	4.61%	4.33%
EMKT Lazard Emerging Markets Opportunities ETF	2.90%	-1.29%

Returns By Period

In the year-to-date period, IDEQ achieves a 4.61% return, which is significantly higher than EMKT's 2.90% return.

IDEQ

• 1D: 3.62%
• 1M: -9.10%
• YTD: 4.61%
• 6M: 12.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMKT

• 1D: 3.77%
• 1M: -9.60%
• YTD: 2.90%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IDEQ vs. EMKT - Expense Ratio Comparison

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

EMKT

Lazard Emerging Markets Opportunities ETF

IDEQ

Lazard International Dynamic Equity ETF

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	1.80	0.19	+1.62

Correlation

The correlation between IDEQ and EMKT is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

IDEQ vs. EMKT - Dividend Comparison

IDEQ's dividend yield for the trailing twelve months is around 0.58%, while EMKT has not paid dividends to shareholders.

	TTM	2025
IDEQ Lazard International Dynamic Equity ETF	0.58%	0.60%
EMKT Lazard Emerging Markets Opportunities ETF	0.00%	0.00%

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	-9.80%	-10.97%	+1.17%
Average Drawdown Average peak-to-trough decline	-1.84%	-3.35%	+1.51%

Volatility

Volatility by Period

	IDEQ	EMKT	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.24%	20.37%	-3.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.24%	20.37%	-3.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.24%	20.37%	-3.13%