SYZ vs. ISCMF

Last updated Jun 4, 2026

SYZ (Lazard US Systematic Small Cap Equity ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - SYZ is a Small Cap Blend Equities fund actively managed by Lazard, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. SYZ is actively managed, while ISCMF is passively managed. At a correlation of -0.08, they often move in opposite directions. SYZ charges 0.60%/yr vs 0.19%/yr for ISCMF.

Performance

SYZ vs. ISCMF - Performance Comparison

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

Returns By Period

In the year-to-date period, SYZ achieves a 17.30% return, which is significantly lower than ISCMF's 22.87% return.

SYZ

• 1D: -1.04%
• 1M: 2.63%
• YTD: 17.30%
• 6M: 17.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ISCMF

• 1D: 0.00%
• 1M: -0.67%
• YTD: 22.87%
• 6M: 27.76%
• 1Y: 37.85%
• 3Y*: 15.20%
• 5Y*: —
• 10Y*: —

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

SYZ vs. ISCMF - Yearly Performance Comparison

	2026 (YTD)	2025
SYZ Lazard US Systematic Small Cap Equity ETF	17.30%	0.89%
ISCMF iShares Diversified Commodity Swap UCITS ETF	22.87%	11.40%

Correlation

The correlation between SYZ and ISCMF is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 16, 2025	-0.08

Return for Risk

SYZ vs. ISCMF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ISCMF

ISCMF Risk / Return Rank: 83
ISCMF Sharpe Ratio Rank: 61
ISCMF Sortino Ratio Rank: 83
ISCMF Omega Ratio Rank: 99
ISCMF Calmar Ratio Rank: 93
ISCMF Martin Ratio Rank: 80

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SYZ vs. ISCMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard US Systematic Small Cap Equity ETF (SYZ) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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

	SYZ	ISCMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.05	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.60	0.45	+1.15

Drawdowns

SYZ vs. ISCMF - Drawdown Comparison

The maximum SYZ drawdown since its inception was -8.00%, smaller than the maximum ISCMF drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for SYZ and ISCMF.

Drawdown Indicators

	SYZ	ISCMF	Difference
Max Drawdown Largest peak-to-trough decline	-8.00%	-25.42%	+17.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.69%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-7.62%	—
Current Drawdown Current decline from peak	-1.04%	-5.26%	+4.22%
Average Drawdown Average peak-to-trough decline	-2.09%	-13.43%	+11.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.42%	—

Volatility

Volatility by Period

	SYZ	ISCMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.14%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.65%	18.53%	-1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.65%	14.38%	+2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.65%	14.38%	+2.27%

SYZ vs. ISCMF - Expense Ratio Comparison

SYZ has a 0.60% expense ratio, which is higher than ISCMF's 0.19% expense ratio.

Dividends

SYZ vs. ISCMF - Dividend Comparison

SYZ's dividend yield for the trailing twelve months is around 0.14%, while ISCMF has not paid dividends to shareholders.

Position	TTM
ISCMF iShares Diversified Commodity Swap UCITS ETF	0.00%
SYZ Lazard US Systematic Small Cap Equity ETF	0.14%

Frequently Asked Questions

Can I hold both SYZ and ISCMF in my portfolio?

SYZ and ISCMF have a correlation of -0.08, 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 ISCMF?

On fees, ISCMF is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SYZ or ISCMF?

ISCMF is cheaper with a 0.19% expense ratio, compared with 0.60% for SYZ.

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

SYZ has the higher dividend yield at 0.14%, compared with 0.00% for ISCMF.

What is the main difference between SYZ and ISCMF?

SYZ is categorized as Small Cap Blend Equities, while ISCMF is Commodities. They also come from different issuers: Lazard and iShares. Their fees differ too: 0.60% for SYZ and 0.19% for ISCMF.