IDEQ vs. VEU
IDEQ (Lazard International Dynamic Equity ETF) and VEU (Vanguard FTSE All-World ex-US ETF) are both Foreign Large Cap Equities funds. IDEQ is actively managed, while VEU is passively managed. Their 0.95 correlation means they have historically moved very closely together. IDEQ charges 0.40%/yr vs 0.04%/yr for VEU.
Performance
IDEQ vs. VEU - Performance Comparison
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Returns By Period
In the year-to-date period, IDEQ achieves a 14.92% return, which is significantly higher than VEU's 13.33% return.
IDEQ
- 1D
- -0.43%
- 1M
- -0.46%
- 6M
- 6.56%
- YTD
- 14.92%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
VEU
- 1D
- -0.22%
- 1M
- -0.16%
- 6M
- 7.25%
- YTD
- 13.33%
- 1Y
- 28.40%
- 3Y*
- 17.58%
- 5Y*
- 9.15%
- 10Y*
- 9.66%
- ALL TIME*
- 5.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.07M | $9.61M | $11.09M | |
| $230.24M | $229.52M | $221.55M |
IDEQ vs. VEU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IDEQ Lazard International Dynamic Equity ETF | 14.92% | 12.10% |
VEU Vanguard FTSE All-World ex-US ETF | 13.33% | 7.94% |
Correlation
The correlation between IDEQ and VEU is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 29, 2025 | 0.95 |
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Return for Risk
IDEQ vs. VEU — Risk / Return Rank
IDEQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VEU
IDEQ vs. VEU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard International Dynamic Equity ETF (IDEQ) and Vanguard FTSE All-World ex-US ETF (VEU). 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 | VEU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.46 | — |
| Martin ratioReturn relative to average drawdown | — | 9.00 | — |
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Drawdowns
IDEQ vs. VEU - Drawdown Comparison
The maximum IDEQ drawdown since its inception was -12.95%, smaller than the maximum VEU drawdown of -61.52%. Use the drawdown chart below to compare losses from any high point for IDEQ and VEU.
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Drawdown Indicators
| IDEQ | VEU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.95% | -61.52% | +48.57% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.43% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.69% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.98% | — |
Current DrawdownCurrent decline from peak | -3.65% | -2.79% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -13.05% | +10.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.12% | — |
Volatility
IDEQ vs. VEU - Volatility Comparison
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Volatility by Period
| IDEQ | VEU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.10% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 19.58% | 16.96% | +2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.58% | 16.37% | +3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.58% | 17.08% | +2.50% |
IDEQ vs. VEU - Expense Ratio Comparison
IDEQ has a 0.40% expense ratio, which is higher than VEU's 0.04% expense ratio.
Dividends
IDEQ vs. VEU - Dividend Comparison
IDEQ's dividend yield for the trailing twelve months is around 1.35%, less than VEU's 2.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDEQ Lazard International Dynamic Equity ETF | 1.35% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VEU Vanguard FTSE All-World ex-US ETF | 2.56% | 3.09% | 3.24% | 3.32% | 3.12% | 3.08% | 2.00% | 3.10% | 3.27% | 2.66% | 2.96% | 2.95% |
Frequently Asked Questions
With a correlation of 0.95, IDEQ and VEU move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, VEU is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VEU is cheaper with a 0.04% expense ratio, compared with 0.40% for IDEQ.
VEU has the higher dividend yield at 2.56%, compared with 1.35% for IDEQ.
They also come from different issuers: Lazard and Vanguard. Their fees differ too: 0.40% for IDEQ and 0.04% for VEU.
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