IDEQ vs. GMOI

Last updated Jun 24, 2026

IDEQ (Lazard International Dynamic Equity ETF) and GMOI (GMO International Value ETF) are both Foreign Large Cap Equities funds. IDEQ is actively managed, while GMOI is passively managed. A 0.80 correlation means they provide meaningful diversification when combined. IDEQ charges 0.40%/yr vs 0.60%/yr for GMOI.

Performance

IDEQ vs. GMOI - Performance Comparison

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

Returns By Period

In the year-to-date period, IDEQ achieves a 15.58% return, which is significantly higher than GMOI's 11.52% return.

IDEQ

• 1D: -3.09%
• 1M: 1.29%
• YTD: 15.58%
• 6M: 15.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GMOI

• 1D: -1.03%
• 1M: -1.76%
• YTD: 11.52%
• 6M: 11.19%
• 1Y: 35.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IDEQ vs. GMOI - Yearly Performance Comparison

	2026 (YTD)	2025
IDEQ Lazard International Dynamic Equity ETF	15.58%	12.10%
GMOI GMO International Value ETF	11.52%	11.14%

Correlation

The correlation between IDEQ and GMOI is 0.80, 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	0.80

Return for Risk

IDEQ vs. GMOI — Risk / Return Rank

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

IDEQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GMOI

GMOI Risk / Return Rank: 85
GMOI Sharpe Ratio Rank: 87
GMOI Sortino Ratio Rank: 87
GMOI Omega Ratio Rank: 83
GMOI Calmar Ratio Rank: 84
GMOI Martin Ratio Rank: 85

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. GMOI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard International Dynamic Equity ETF (IDEQ) and GMO International Value ETF (GMOI). 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	GMOI	Difference
Sharpe ratio: Return per unit of total volatility	—	2.64	—
Sortino ratio: Return per unit of downside risk	—	3.65	—
Omega ratio: Gain probability vs. loss probability	—	1.47	—
Calmar ratio: Return relative to maximum drawdown	—	4.23	—
Martin ratio: Return relative to average drawdown	—	16.65	—

Drawdowns

IDEQ vs. GMOI - Drawdown Comparison

The maximum IDEQ drawdown since its inception was -12.95%, smaller than the maximum GMOI drawdown of -14.67%. Use the drawdown chart below to compare losses from any high point for IDEQ and GMOI.

Drawdown Indicators

	IDEQ	GMOI	Difference
Max Drawdown Largest peak-to-trough decline	-12.95%	-14.67%	+1.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.36%	—
Current Drawdown Current decline from peak	-3.09%	-2.63%	-0.46%
Average Drawdown Average peak-to-trough decline	-2.07%	-1.69%	-0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.12%	—

Volatility

Volatility by Period

	IDEQ	GMOI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.48%	13.40%	+6.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.48%	15.57%	+3.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.48%	15.57%	+3.91%

IDEQ vs. GMOI - Expense Ratio Comparison

IDEQ has a 0.40% expense ratio, which is lower than GMOI's 0.60% expense ratio.

Dividends

IDEQ vs. GMOI - Dividend Comparison

IDEQ's dividend yield for the trailing twelve months is around 1.34%, less than GMOI's 2.45% yield.

Position	TTM	2025	2024
GMOI GMO International Value ETF	2.45%	2.74%	0.54%
IDEQ Lazard International Dynamic Equity ETF	1.34%	0.60%	0.00%

Frequently Asked Questions

Can I hold both IDEQ and GMOI in my portfolio?

IDEQ and GMOI have a correlation of 0.80, 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 GMOI?

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 GMOI?

IDEQ is cheaper with a 0.40% expense ratio, compared with 0.60% for GMOI.

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

GMOI has the higher dividend yield at 2.45%, compared with 1.34% for IDEQ.

What is the main difference between IDEQ and GMOI?

They also come from different issuers: Lazard and GMO. Their fees differ too: 0.40% for IDEQ and 0.60% for GMOI.