SYZ vs. IDEQ

Last updated Jun 24, 2026

SYZ (Lazard US Systematic Small Cap Equity ETF) and IDEQ (Lazard International Dynamic Equity ETF) are both exchange-traded funds - SYZ is a Small Cap Blend Equities fund actively managed by Lazard, while IDEQ is a Foreign Large Cap Equities fund actively managed by Lazard. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. SYZ charges 0.60%/yr vs 0.40%/yr for IDEQ.

Performance

SYZ vs. IDEQ - Performance Comparison

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

Returns By Period

In the year-to-date period, SYZ achieves a 19.52% return, which is significantly higher than IDEQ's 15.58% return.

SYZ

• 1D: -0.80%
• 1M: 3.17%
• YTD: 19.52%
• 6M: 17.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDEQ

• 1D: -3.09%
• 1M: 1.29%
• YTD: 15.58%
• 6M: 15.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SYZ vs. IDEQ - Yearly Performance Comparison

	2026 (YTD)	2025
SYZ Lazard US Systematic Small Cap Equity ETF	19.52%	0.54%
IDEQ Lazard International Dynamic Equity ETF	15.58%	8.48%

Correlation

The correlation between SYZ and IDEQ is 0.68, 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 Sep 15, 2025	0.68

Return for Risk

SYZ vs. IDEQ - Risk-Adjusted Trends Comparison

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

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. IDEQ - Drawdown Comparison

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

Drawdown Indicators

	SYZ	IDEQ	Difference
Max Drawdown Largest peak-to-trough decline	-8.00%	-12.95%	+4.95%
Current Drawdown Current decline from peak	-0.80%	-3.09%	+2.29%
Average Drawdown Average peak-to-trough decline	-2.01%	-2.07%	+0.06%

Volatility

Volatility by Period

	SYZ	IDEQ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.89%	19.48%	-2.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.89%	19.48%	-2.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.89%	19.48%	-2.59%

SYZ vs. IDEQ - Expense Ratio Comparison

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

Dividends

SYZ vs. IDEQ - Dividend Comparison

SYZ's dividend yield for the trailing twelve months is around 0.24%, less than IDEQ's 1.34% yield.

Position	TTM	2025
IDEQ Lazard International Dynamic Equity ETF	1.34%	0.60%
SYZ Lazard US Systematic Small Cap Equity ETF	0.24%	0.00%

Frequently Asked Questions

Can I hold both SYZ and IDEQ in my portfolio?

SYZ and IDEQ have a correlation of 0.68, 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 IDEQ?

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, SYZ or IDEQ?

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

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

IDEQ has the higher dividend yield at 1.34%, compared with 0.24% for SYZ.

What is the main difference between SYZ and IDEQ?

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