SYZ vs. SCHA
SYZ (Lazard US Systematic Small Cap Equity ETF) and SCHA (Schwab U.S. Small-Cap ETF) are both Small Cap Blend Equities funds. SYZ is actively managed, while SCHA is passively managed. Their correlation of 0.92 suggests significant overlap in exposure. SYZ charges 0.60%/yr vs 0.04%/yr for SCHA.
Performance
SYZ vs. SCHA - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with SYZ having a 19.94% return and SCHA slightly higher at 20.77%.
SYZ
- 1D
- 0.20%
- 1M
- 0.30%
- 6M
- 13.08%
- YTD
- 19.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHA
- 1D
- -0.78%
- 1M
- -1.30%
- 6M
- 12.51%
- YTD
- 20.77%
- 1Y
- 34.13%
- 3Y*
- 16.46%
- 5Y*
- 8.40%
- 10Y*
- 10.84%
SYZ vs. SCHA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SYZ Lazard US Systematic Small Cap Equity ETF | 19.94% | 0.54% |
SCHA Schwab U.S. Small-Cap ETF | 20.77% | 3.61% |
Correlation
The correlation between SYZ and SCHA is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 15, 2025 | 0.92 |
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Return for Risk
SYZ vs. SCHA — Risk / Return Rank
SYZ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SCHA
SYZ vs. SCHA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard US Systematic Small Cap Equity ETF (SYZ) and Schwab U.S. Small-Cap ETF (SCHA). 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.
| SYZ | SCHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.61 | — |
| Martin ratioReturn relative to average drawdown | — | 12.59 | — |
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Drawdowns
SYZ vs. SCHA - Drawdown Comparison
The maximum SYZ drawdown since its inception was -8.00%, smaller than the maximum SCHA drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for SYZ and SCHA.
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Drawdown Indicators
| SYZ | SCHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.00% | -42.41% | +34.41% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.50% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.29% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -30.79% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.41% | — |
Current DrawdownCurrent decline from peak | -2.20% | -5.20% | +3.00% |
Average DrawdownAverage peak-to-trough decline | -1.98% | -7.54% | +5.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.72% | — |
Volatility
SYZ vs. SCHA - Volatility Comparison
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Volatility by Period
| SYZ | SCHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.98% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.41% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.62% | 18.97% | -2.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.62% | 22.07% | -5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.62% | 22.73% | -6.11% |
SYZ vs. SCHA - Expense Ratio Comparison
SYZ has a 0.60% expense ratio, which is higher than SCHA's 0.04% expense ratio.
Dividends
SYZ vs. SCHA - Dividend Comparison
SYZ's dividend yield for the trailing twelve months is around 0.24%, less than SCHA's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHA Schwab U.S. Small-Cap ETF | 1.04% | 1.26% | 1.51% | 1.42% | 1.37% | 1.19% | 1.05% | 1.39% | 1.58% | 1.24% | 1.50% | 1.48% |
SYZ Lazard US Systematic Small Cap Equity ETF | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, SYZ and SCHA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, SCHA is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCHA is cheaper with a 0.04% expense ratio, compared with 0.60% for SYZ.
SCHA has the higher dividend yield at 1.04%, compared with 0.24% for SYZ.
They also come from different issuers: Lazard and Charles Schwab. Their fees differ too: 0.60% for SYZ and 0.04% for SCHA.
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