TEKY vs. GTEK

Last updated Jul 15, 2026

TEKY (Lazard Next Gen Technologies ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. Both are actively managed. Over the past year, TEKY returned 31.46% vs 61.00% for GTEK. Their correlation of 0.93 suggests significant overlap in exposure. TEKY charges 0.50%/yr vs 0.75%/yr for GTEK.

Performance

TEKY vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Next Gen Technologies ETF (TEKY) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TEKY achieves a 19.84% return, which is significantly lower than GTEK's 43.93% return.

TEKY

• 1D: 2.05%
• 1M: 0.06%
• 6M: 17.80%
• YTD: 19.84%
• 1Y: 31.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GTEK

• 1D: 1.30%
• 1M: -2.07%
• 6M: 37.67%
• YTD: 43.93%
• 1Y: 61.00%
• 3Y*: 30.01%
• 5Y*: —
• 10Y*: —

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

TEKY vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025
TEKY Lazard Next Gen Technologies ETF	19.84%	50.31%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	43.93%	50.80%

Correlation

The correlation between TEKY and GTEK 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 (1Y) Calculated over the trailing 1-year period	0.93
Correlation (All Time) Calculated using the full available price history since Apr 7, 2025	0.93

The correlation between TEKY and GTEK has been stable across timeframes, ranging from 0.93 to 0.93 - a consistent structural relationship.

Return for Risk

TEKY vs. GTEK — Risk / Return Rank

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

TEKY

TEKY Risk / Return Rank: 38
TEKY Sharpe Ratio Rank: 41
TEKY Sortino Ratio Rank: 39
TEKY Omega Ratio Rank: 40
TEKY Calmar Ratio Rank: 36
TEKY Martin Ratio Rank: 33

GTEK

GTEK Risk / Return Rank: 82
GTEK Sharpe Ratio Rank: 82
GTEK Sortino Ratio Rank: 73
GTEK Omega Ratio Rank: 73
GTEK Calmar Ratio Rank: 94
GTEK Martin Ratio Rank: 90

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.

TEKY vs. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Next Gen Technologies ETF (TEKY) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). 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.

	TEKY	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	1.20	2.06	-0.87
Sortino ratio: Return per unit of downside risk	1.67	2.61	-0.94
Omega ratio: Gain probability vs. loss probability	1.21	1.34	-0.13
Calmar ratio: Return relative to maximum drawdown	1.47	5.51	-4.03
Martin ratio: Return relative to average drawdown	3.98	16.03	-12.05

TEKY vs. GTEK - Sharpe Ratio Comparison

The current TEKY Sharpe Ratio is 1.20, which is lower than the GTEK Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of TEKY and GTEK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TEKY vs. GTEK - Drawdown Comparison

The maximum TEKY drawdown since its inception was -21.43%, smaller than the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for TEKY and GTEK.

Drawdown Indicators

	TEKY	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-21.43%	-53.77%	+32.34%
Max Drawdown (1Y) Largest decline over 1 year	-21.43%	-11.13%	-10.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.49%	—
Current Drawdown Current decline from peak	-5.79%	-8.53%	+2.74%
Average Drawdown Average peak-to-trough decline	-4.81%	-26.98%	+22.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.92%	3.82%	+4.10%

Volatility

TEKY vs. GTEK - Volatility Comparison

Lazard Next Gen Technologies ETF (TEKY) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK) have volatilities of 11.30% and 11.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEKY	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.30%	11.82%	-0.52%
Volatility (6M) Calculated over the trailing 6-month period	22.60%	26.11%	-3.51%
Volatility (1Y) Calculated over the trailing 1-year period	26.42%	29.70%	-3.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.28%	28.82%	-1.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.28%	28.82%	-1.54%

TEKY vs. GTEK - Expense Ratio Comparison

TEKY has a 0.50% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

TEKY vs. GTEK - Dividend Comparison

TEKY's dividend yield for the trailing twelve months is around 0.17%, while GTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%
TEKY Lazard Next Gen Technologies ETF	0.17%	0.05%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TEKY and GTEK in my portfolio?

With a correlation of 0.93, TEKY and GTEK 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.

Which is riskier, TEKY or GTEK?

GTEK has higher volatility (11.82%) compared to TEKY (11.30%). In terms of maximum drawdown, TEKY dropped -21.43% vs GTEK's -53.77%.

Which ETF is better, TEKY or GTEK?

On 1-year performance, GTEK leads with 61.00% vs 31.46% for TEKY. On fees, TEKY is cheaper at 0.50% per year. On volatility, TEKY has been the lower-risk option at 11.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEKY or GTEK?

Over the 1-year period, GTEK has performed better with a 61.00% return vs 31.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEKY or GTEK?

TEKY is cheaper with a 0.50% expense ratio, compared with 0.75% for GTEK.

Which ETF pays a higher dividend yield, TEKY or GTEK?

TEKY has the higher dividend yield at 0.17%, compared with 0.00% for GTEK.

What is the main difference between TEKY and GTEK?

They also come from different issuers: Lazard and Goldman Sachs. Their fees differ too: 0.50% for TEKY and 0.75% for GTEK.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (2.06 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.