IDEQ vs. FDT
IDEQ (Lazard International Dynamic Equity ETF) and FDT (First Trust Developed Markets ex-US AlphaDEX Fund) are both Foreign Large Cap Equities funds. IDEQ is actively managed, while FDT is passively managed. Their correlation of 0.88 suggests significant overlap in exposure. IDEQ charges 0.40%/yr vs 0.80%/yr for FDT.
Performance
IDEQ vs. FDT - Performance Comparison
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Returns By Period
In the year-to-date period, IDEQ achieves a 15.58% return, which is significantly lower than FDT's 20.49% return.
IDEQ
- 1D
- -3.09%
- 1M
- 1.29%
- YTD
- 15.58%
- 6M
- 15.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDT
- 1D
- -4.44%
- 1M
- -1.74%
- YTD
- 20.49%
- 6M
- 19.93%
- 1Y
- 46.20%
- 3Y*
- 28.02%
- 5Y*
- 12.26%
- 10Y*
- 11.13%
IDEQ vs. FDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IDEQ Lazard International Dynamic Equity ETF | 15.58% | 12.10% |
FDT First Trust Developed Markets ex-US AlphaDEX Fund | 20.49% | 10.43% |
Correlation
The correlation between IDEQ and FDT is 0.88, 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 Aug 29, 2025 | 0.88 |
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Return for Risk
IDEQ vs. FDT — Risk / Return Rank
IDEQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FDT
IDEQ vs. FDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard International Dynamic Equity ETF (IDEQ) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT). 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 | FDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.46 | — |
| Martin ratioReturn relative to average drawdown | — | 13.03 | — |
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Drawdowns
IDEQ vs. FDT - Drawdown Comparison
The maximum IDEQ drawdown since its inception was -12.95%, smaller than the maximum FDT drawdown of -46.10%. Use the drawdown chart below to compare losses from any high point for IDEQ and FDT.
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Drawdown Indicators
| IDEQ | FDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.95% | -46.10% | +33.15% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.41% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.29% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.80% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.10% | — |
Current DrawdownCurrent decline from peak | -3.09% | -5.52% | +2.43% |
Average DrawdownAverage peak-to-trough decline | -2.07% | -10.75% | +8.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.56% | — |
Volatility
IDEQ vs. FDT - Volatility Comparison
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Volatility by Period
| IDEQ | FDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.79% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.03% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.48% | 20.21% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.48% | 18.58% | +0.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.48% | 18.54% | +0.94% |
IDEQ vs. FDT - Expense Ratio Comparison
IDEQ has a 0.40% expense ratio, which is lower than FDT's 0.80% expense ratio.
Dividends
IDEQ vs. FDT - Dividend Comparison
IDEQ's dividend yield for the trailing twelve months is around 1.34%, less than FDT's 2.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDT First Trust Developed Markets ex-US AlphaDEX Fund | 2.96% | 3.27% | 3.89% | 4.36% | 2.29% | 3.80% | 2.42% | 2.78% | 2.13% | 1.57% | 1.76% | 1.83% |
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 FDT have a correlation of 0.88, 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 0.80% for FDT.
FDT has the higher dividend yield at 2.96%, compared with 1.34% for IDEQ.
They also come from different issuers: Lazard and First Trust. Their fees differ too: 0.40% for IDEQ and 0.80% for FDT.
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