LAZ vs. SCHD
LAZ (Lazard Ltd) is a stock, while SCHD (Schwab U.S. Dividend Equity ETF) is Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Over the past 10 years, LAZ returned 7.87%/yr vs 12.70%/yr for SCHD. Their 0.56 correlation means they have sometimes moved together and sometimes differently.
Performance
LAZ vs. SCHD - Performance Comparison
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Returns By Period
In the year-to-date period, LAZ achieves a -8.24% return, which is significantly lower than SCHD's 24.36% return. Over the past 10 years, LAZ has underperformed SCHD with an annualized return of 7.87%, while SCHD has yielded a comparatively higher 12.70% annualized return.
LAZ
- 1D
- 3.13%
- 1M
- 5.21%
- 6M
- -17.18%
- YTD
- -8.24%
- 1Y
- -9.40%
- 3Y*
- 13.80%
- 5Y*
- 3.26%
- 10Y*
- 7.87%
- ALL TIME*
- 6.58%
SCHD
- 1D
- 0.27%
- 1M
- 3.61%
- 6M
- 13.71%
- YTD
- 24.36%
- 1Y
- 31.89%
- 3Y*
- 14.88%
- 5Y*
- 9.66%
- 10Y*
- 12.70%
- ALL TIME*
- 13.40%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
LAZ Lazard Ltd | $87.44M | $78.53M | $92.99M |
| $806.58M | $724.91M | $690.35M |
LAZ vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LAZ Lazard Ltd | -8.24% | -1.64% | 54.83% | 6.92% | -16.21% | 7.41% | 12.08% | 15.22% | -25.38% | 36.20% |
SCHD Schwab U.S. Dividend Equity ETF | 24.36% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -5.56% | 20.85% |
Correlation
The correlation between LAZ and SCHD is 0.34, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.34 |
Correlation (3Y) Balances recent behavior with more history. | 0.45 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.54 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.56 |
Over the past year, the correlation between LAZ and SCHD has dropped to 0.34 - well below their long-term average of 0.56, suggesting their price drivers have been diverging.
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Return for Risk
LAZ vs. SCHD — Risk / Return Rank
LAZ
SCHD
LAZ vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Ltd (LAZ) and Schwab U.S. Dividend Equity ETF (SCHD). 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.
| LAZ | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.13 | ||
| Sortino ratioReturn per unit of downside risk | -4.54 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.52 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | 6.94 | -7.24 |
| Martin ratioReturn relative to average drawdown | -0.57 | 17.53 | -18.10 |
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Drawdowns
LAZ vs. SCHD - Drawdown Comparison
The maximum LAZ drawdown since its inception was -62.72%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for LAZ and SCHD.
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Drawdown Indicators
| LAZ | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.72% | -33.37% | -29.35% |
Max Drawdown (1Y)Largest decline over 1 year | -31.39% | -4.61% | -26.78% |
Max Drawdown (3Y)Largest decline over 3 years | -44.24% | -16.13% | -28.11% |
Max Drawdown (5Y)Largest decline over 5 years | -44.24% | -16.85% | -27.39% |
Max Drawdown (10Y)Largest decline over 10 years | -59.51% | -33.37% | -26.14% |
Current DrawdownCurrent decline from peak | -23.19% | -0.97% | -22.22% |
Average DrawdownAverage peak-to-trough decline | -23.51% | -3.29% | -20.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.42% | 1.82% | +14.60% |
Volatility
LAZ vs. SCHD - Volatility Comparison
Lazard Ltd (LAZ) has a higher volatility of 13.66% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.82%. This indicates that LAZ's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LAZ | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.66% | 3.82% | +9.84% |
Volatility (6M)Calculated over the trailing 6-month period | 34.84% | 7.99% | +26.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.94% | 11.06% | +29.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.71% | 14.39% | +23.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.00% | 16.73% | +19.27% |
Dividends
LAZ vs. SCHD - Dividend Comparison
LAZ's dividend yield for the trailing twelve months is around 5.79%, more than SCHD's 3.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAZ Lazard Ltd | 5.79% | 4.12% | 3.89% | 5.75% | 5.60% | 4.31% | 4.44% | 5.88% | 8.21% | 5.35% | 6.55% | 5.22% |
SCHD Schwab U.S. Dividend Equity ETF | 3.12% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
Frequently Asked Questions
LAZ and SCHD have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LAZ has higher volatility (13.66%) compared to SCHD (3.82%). In terms of maximum drawdown, LAZ dropped -62.72% vs SCHD's -33.37%.
SCHD currently has the higher Sharpe Ratio (2.90 vs -0.23), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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