JPY vs. IDEQ

Last updated Apr 2, 2026

Compare and contrast key facts about Lazard Japanese Equity ETF (JPY) and Lazard International Dynamic Equity ETF (IDEQ).

JPY and IDEQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPY is an actively managed fund by Lazard. It was launched on Apr 4, 2025. IDEQ is an actively managed fund by Lazard. It was launched on May 12, 2025.

Performance

JPY vs. IDEQ - Performance Comparison

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

JPY vs. IDEQ - Yearly Performance Comparison

	2026 (YTD)	2025
JPY Lazard Japanese Equity ETF	5.21%	6.40%
IDEQ Lazard International Dynamic Equity ETF	6.49%	11.77%

Returns By Period

In the year-to-date period, JPY achieves a 5.21% return, which is significantly lower than IDEQ's 6.49% return.

JPY

• 1D: 2.24%
• 1M: -4.30%
• YTD: 5.21%
• 6M: 8.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDEQ

• 1D: 1.80%
• 1M: -5.66%
• YTD: 6.49%
• 6M: 12.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPY vs. IDEQ - Expense Ratio Comparison

JPY has a 0.60% expense ratio, which is higher than IDEQ's 0.40% expense ratio.

JPY

Lazard Japanese Equity ETF

IDEQ

Lazard International Dynamic Equity ETF

Return for Risk

JPY vs. IDEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Japanese Equity ETF (JPY) and Lazard International Dynamic Equity ETF (IDEQ). 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

	JPY	IDEQ	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.25	2.02	+0.23

Correlation

The correlation between JPY and IDEQ is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

JPY vs. IDEQ - Dividend Comparison

JPY's dividend yield for the trailing twelve months is around 2.26%, more than IDEQ's 0.57% yield.

	TTM	2025
JPY Lazard Japanese Equity ETF	2.26%	2.38%
IDEQ Lazard International Dynamic Equity ETF	0.57%	0.60%

Drawdowns

JPY vs. IDEQ - Drawdown Comparison

The maximum JPY drawdown since its inception was -15.13%, which is greater than IDEQ's maximum drawdown of -12.95%. Use the drawdown chart below to compare losses from any high point for JPY and IDEQ.

Drawdown Indicators

	JPY	IDEQ	Difference
Max Drawdown Largest peak-to-trough decline	-15.13%	-12.95%	-2.18%
Current Drawdown Current decline from peak	-9.26%	-8.18%	-1.08%
Average Drawdown Average peak-to-trough decline	-2.22%	-1.88%	-0.34%

Volatility

Volatility by Period

	JPY	IDEQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	21.50%	17.32%	+4.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.50%	17.32%	+4.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.50%	17.32%	+4.18%