SYZ vs. JPY

Last updated Apr 2, 2026

Compare and contrast key facts about Lazard US Systematic Small Cap Equity ETF (SYZ) and Lazard Japanese Equity ETF (JPY).

SYZ and JPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SYZ is an actively managed fund by Lazard. It was launched on Oct 29, 2021. JPY is an actively managed fund by Lazard. It was launched on Apr 4, 2025.

Performance

SYZ vs. JPY - 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 Japanese Equity ETF (JPY). The values are adjusted to include any dividend payments, if applicable.

SYZ vs. JPY - Yearly Performance Comparison

	2026 (YTD)	2025
SYZ Lazard US Systematic Small Cap Equity ETF	4.39%	0.89%
JPY Lazard Japanese Equity ETF	5.21%	2.21%

Returns By Period

In the year-to-date period, SYZ achieves a 4.39% return, which is significantly lower than JPY's 5.21% return.

SYZ

• 1D: 0.97%
• 1M: -4.39%
• YTD: 4.39%
• 6M: 5.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JPY

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

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

SYZ vs. JPY - Expense Ratio Comparison

Both SYZ and JPY have an expense ratio of 0.60%.

SYZ

Lazard US Systematic Small Cap Equity ETF

JPY

Lazard Japanese Equity ETF

Return for Risk

SYZ vs. JPY - 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 Japanese Equity ETF (JPY). 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	JPY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	2.25	-1.66

Correlation

The correlation between SYZ and JPY is 0.53, 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

SYZ vs. JPY - Dividend Comparison

SYZ's dividend yield for the trailing twelve months is around 0.16%, less than JPY's 2.26% yield.

	TTM	2025
SYZ Lazard US Systematic Small Cap Equity ETF	0.16%	0.00%
JPY Lazard Japanese Equity ETF	2.26%	2.38%

Drawdowns

SYZ vs. JPY - Drawdown Comparison

The maximum SYZ drawdown since its inception was -8.00%, smaller than the maximum JPY drawdown of -15.13%. Use the drawdown chart below to compare losses from any high point for SYZ and JPY.

Drawdown Indicators

	SYZ	JPY	Difference
Max Drawdown Largest peak-to-trough decline	-8.00%	-15.13%	+7.13%
Current Drawdown Current decline from peak	-4.39%	-9.26%	+4.87%
Average Drawdown Average peak-to-trough decline	-2.45%	-2.22%	-0.23%

Volatility

Volatility by Period

	SYZ	JPY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	16.92%	21.50%	-4.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.92%	21.50%	-4.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.92%	21.50%	-4.58%