SYZ vs. CVSM

Last updated Jul 17, 2026

SYZ (Lazard US Systematic Small Cap Equity ETF) and CVSM (CresAlta Small & Mid-Cap ETF) are both Small Cap Blend Equities funds. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. SYZ charges 0.60%/yr vs 0.55%/yr for CVSM.

Performance

SYZ vs. CVSM - Performance Comparison

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

Returns By Period

SYZ

• 1D: 0.20%
• 1M: 0.30%
• 6M: 13.08%
• YTD: 19.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CVSM

• 1D: 1.17%
• 1M: 0.85%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SYZ vs. CVSM - Yearly Performance Comparison

	2026 (YTD)
SYZ Lazard US Systematic Small Cap Equity ETF	5.84%
CVSM CresAlta Small & Mid-Cap ETF	4.32%

Correlation

The correlation between SYZ and CVSM is 0.63, 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 May 18, 2026	0.63

Return for Risk

SYZ vs. CVSM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard US Systematic Small Cap Equity ETF (SYZ) and CresAlta Small & Mid-Cap ETF (CVSM). 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

SYZ vs. CVSM - Drawdown Comparison

The maximum SYZ drawdown since its inception was -8.00%, which is greater than CVSM's maximum drawdown of -3.36%. Use the drawdown chart below to compare losses from any high point for SYZ and CVSM.

Drawdown Indicators

	SYZ	CVSM	Difference
Max Drawdown Largest peak-to-trough decline	-8.00%	-3.36%	-4.64%
Current Drawdown Current decline from peak	-2.20%	-0.33%	-1.87%
Average Drawdown Average peak-to-trough decline	-1.98%	-1.01%	-0.97%

Volatility

Volatility by Period

	SYZ	CVSM	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.62%	11.11%	+5.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.62%	11.11%	+5.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.62%	11.11%	+5.51%

SYZ vs. CVSM - Expense Ratio Comparison

SYZ has a 0.60% expense ratio, which is higher than CVSM's 0.55% expense ratio.

Dividends

SYZ vs. CVSM - Dividend Comparison

SYZ's dividend yield for the trailing twelve months is around 0.24%, more than CVSM's 0.23% yield.

Position	TTM
CVSM CresAlta Small & Mid-Cap ETF	0.23%
SYZ Lazard US Systematic Small Cap Equity ETF	0.24%

Frequently Asked Questions

Can I hold both SYZ and CVSM in my portfolio?

SYZ and CVSM have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SYZ or CVSM?

On fees, CVSM is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SYZ or CVSM?

CVSM is cheaper with a 0.55% expense ratio, compared with 0.60% for SYZ.

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

SYZ and CVSM have nearly identical dividend yields, around 0.24%.

What is the main difference between SYZ and CVSM?

They also come from different issuers: Lazard and CresAlta. Their fees differ too: 0.60% for SYZ and 0.55% for CVSM.