IDEQ vs. SYZ

Last updated Aug 2, 2026

IDEQ (Lazard International Dynamic Equity ETF) and SYZ (Lazard US Systematic Small Cap Equity ETF) are both exchange-traded funds - IDEQ is a Foreign Large Cap Equities fund actively managed by Lazard, while SYZ is a Small Cap Blend Equities fund actively managed by Lazard. Both are actively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. IDEQ charges 0.40%/yr vs 0.60%/yr for SYZ.

Performance

IDEQ vs. SYZ - Performance Comparison

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

Returns By Period

In the year-to-date period, IDEQ achieves a 14.92% return, which is significantly lower than SYZ's 19.43% return.

IDEQ

• 1D: -0.43%
• 1M: -0.46%
• 6M: 6.56%
• YTD: 14.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SYZ

• 1D: -0.11%
• 1M: -0.58%
• 6M: 13.47%
• YTD: 19.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IDEQ Lazard International Dynamic Equity ETF	$8.07M	$9.61M	$11.09M
SYZ Lazard US Systematic Small Cap Equity ETF	$86.72K	$66.19K	$86.38K

IDEQ vs. SYZ - Yearly Performance Comparison

	2026 (YTD)	2025
IDEQ Lazard International Dynamic Equity ETF	14.92%	8.48%
SYZ Lazard US Systematic Small Cap Equity ETF	19.43%	0.54%

Correlation

The correlation between IDEQ and SYZ is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025	0.69

Return for Risk

IDEQ vs. SYZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard International Dynamic Equity ETF (IDEQ) and Lazard US Systematic Small Cap Equity ETF (SYZ). 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.

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

Drawdowns

IDEQ vs. SYZ - Drawdown Comparison

The maximum IDEQ drawdown since its inception was -12.95%, which is greater than SYZ's maximum drawdown of -8.00%. Use the drawdown chart below to compare losses from any high point for IDEQ and SYZ.

Drawdown Indicators

	IDEQ	SYZ	Difference
Max Drawdown Largest peak-to-trough decline	-12.95%	-8.00%	-4.95%
Current Drawdown Current decline from peak	-3.65%	-2.61%	-1.04%
Average Drawdown Average peak-to-trough decline	-2.28%	-2.02%	-0.26%

Volatility

Volatility by Period

	IDEQ	SYZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.58%	16.45%	+3.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.58%	16.45%	+3.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.58%	16.45%	+3.13%

IDEQ vs. SYZ - Expense Ratio Comparison

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

Dividends

IDEQ vs. SYZ - Dividend Comparison

IDEQ's dividend yield for the trailing twelve months is around 1.35%, more than SYZ's 0.24% yield.

Position	TTM	2025
IDEQ Lazard International Dynamic Equity ETF	1.35%	0.60%
SYZ Lazard US Systematic Small Cap Equity ETF	0.24%	0.00%

Frequently Asked Questions

Can I hold both IDEQ and SYZ in my portfolio?

IDEQ and SYZ 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.

Which ETF is better, IDEQ or SYZ?

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 SYZ?

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

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

IDEQ has the higher dividend yield at 1.35%, compared with 0.24% for SYZ.

What is the main difference between IDEQ and SYZ?

IDEQ is categorized as Foreign Large Cap Equities, while SYZ is Small Cap Blend Equities. Their fees differ too: 0.40% for IDEQ and 0.60% for SYZ.