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 0.93 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
In the year-to-date period, SYZ achieves a 19.52% return, which is significantly lower than SCHA's 22.53% return.
SYZ
- 1D
- -0.80%
- 1M
- 3.17%
- YTD
- 19.52%
- 6M
- 17.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHA
- 1D
- -1.72%
- 1M
- 4.56%
- YTD
- 22.53%
- 6M
- 20.00%
- 1Y
- 41.81%
- 3Y*
- 19.85%
- 5Y*
- 7.30%
- 10Y*
- 11.72%
SYZ vs. SCHA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SYZ Lazard US Systematic Small Cap Equity ETF | 19.52% | 0.54% |
SCHA Schwab U.S. Small-Cap ETF | 22.53% | 3.61% |
Correlation
The correlation between SYZ and SCHA is 0.93, 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 | 0.93 |
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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 | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.42 | — |
| Martin ratioReturn relative to average drawdown | — | 16.18 | — |
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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 | -0.80% | -1.72% | +0.92% |
Average DrawdownAverage peak-to-trough decline | -2.01% | -7.56% | +5.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.59% | — |
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 | — | 6.71% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.92% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.89% | 18.77% | -1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.89% | 22.05% | -5.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.89% | 22.75% | -5.86% |
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 0.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHA Schwab U.S. Small-Cap ETF | 0.98% | 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 0.93, 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 0.98%, 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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