TEKY vs. THMZ

Last updated Jun 24, 2026

TEKY (Lazard Next Gen Technologies ETF) and THMZ (Lazard Equity Megatrends ETF) are both exchange-traded funds - TEKY is a Technology Equities fund actively managed by Lazard, while THMZ is a Global Equities fund actively managed by Lazard. Both are actively managed. Over the past year, TEKY returned 37.15% vs 12.58% for THMZ. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

TEKY vs. THMZ - Performance Comparison

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

Returns By Period

In the year-to-date period, TEKY achieves a 20.06% return, which is significantly higher than THMZ's 0.98% return.

TEKY

• 1D: -4.74%
• 1M: 1.10%
• YTD: 20.06%
• 6M: 18.90%
• 1Y: 37.15%
• 3Y*: —
• 5Y*: —
• 10Y*: —

THMZ

• 1D: -2.36%
• 1M: -0.88%
• YTD: 0.98%
• 6M: 0.66%
• 1Y: 12.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TEKY vs. THMZ - Yearly Performance Comparison

	2026 (YTD)	2025
TEKY Lazard Next Gen Technologies ETF	20.06%	50.31%
THMZ Lazard Equity Megatrends ETF	0.98%	31.18%

Correlation

The correlation between TEKY and THMZ is 0.81, 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	0.81
Correlation (All Time) Calculated using the full available price history since Apr 7, 2025	0.83

The correlation between TEKY and THMZ has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.

Return for Risk

TEKY vs. THMZ — Risk / Return Rank

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

TEKY

TEKY Risk / Return Rank: 40
TEKY Sharpe Ratio Rank: 46
TEKY Sortino Ratio Rank: 42
TEKY Omega Ratio Rank: 43
TEKY Calmar Ratio Rank: 37
TEKY Martin Ratio Rank: 34

THMZ

THMZ Risk / Return Rank: 22
THMZ Sharpe Ratio Rank: 23
THMZ Sortino Ratio Rank: 22
THMZ Omega Ratio Rank: 22
THMZ Calmar Ratio Rank: 19
THMZ Martin Ratio Rank: 24

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. THMZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Next Gen Technologies ETF (TEKY) and Lazard Equity Megatrends ETF (THMZ). 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	THMZ	Difference
Sharpe ratio: Return per unit of total volatility	1.47	0.77	+0.71
Sortino ratio: Return per unit of downside risk	1.98	1.16	+0.82
Omega ratio: Gain probability vs. loss probability	1.26	1.14	+0.12
Calmar ratio: Return relative to maximum drawdown	1.74	0.79	+0.95
Martin ratio: Return relative to average drawdown	4.76	2.82	+1.94

TEKY vs. THMZ - Sharpe Ratio Comparison

The current TEKY Sharpe Ratio is 1.47, which is higher than the THMZ Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of TEKY and THMZ, 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. THMZ - Drawdown Comparison

The maximum TEKY drawdown since its inception was -21.43%, which is greater than THMZ's maximum drawdown of -15.99%. Use the drawdown chart below to compare losses from any high point for TEKY and THMZ.

Drawdown Indicators

	TEKY	THMZ	Difference
Max Drawdown Largest peak-to-trough decline	-21.43%	-15.99%	-5.44%
Max Drawdown (1Y) Largest decline over 1 year	-21.43%	-15.99%	-5.44%
Current Drawdown Current decline from peak	-5.63%	-2.88%	-2.75%
Average Drawdown Average peak-to-trough decline	-4.81%	-2.58%	-2.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.83%	4.47%	+3.36%

Volatility

TEKY vs. THMZ - Volatility Comparison

Lazard Next Gen Technologies ETF (TEKY) has a higher volatility of 12.26% compared to Lazard Equity Megatrends ETF (THMZ) at 6.64%. This indicates that TEKY's price experiences larger fluctuations and is considered to be riskier than THMZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEKY	THMZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.26%	6.64%	+5.62%
Volatility (6M) Calculated over the trailing 6-month period	21.10%	13.74%	+7.36%
Volatility (1Y) Calculated over the trailing 1-year period	25.37%	16.52%	+8.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.80%	19.16%	+7.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.80%	19.16%	+7.64%

TEKY vs. THMZ - Expense Ratio Comparison

Both TEKY and THMZ have an expense ratio of 0.50%.

Dividends

TEKY vs. THMZ - Dividend Comparison

TEKY's dividend yield for the trailing twelve months is around 0.17%, less than THMZ's 0.24% yield.

Position	TTM	2025
TEKY Lazard Next Gen Technologies ETF	0.17%	0.05%
THMZ Lazard Equity Megatrends ETF	0.24%	0.30%

Frequently Asked Questions

Can I hold both TEKY and THMZ in my portfolio?

TEKY and THMZ have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TEKY or THMZ?

TEKY has higher volatility (12.26%) compared to THMZ (6.64%). In terms of maximum drawdown, TEKY dropped -21.43% vs THMZ's -15.99%.

Which ETF is better, TEKY or THMZ?

On 1-year performance, TEKY leads with 37.15% vs 12.58% for THMZ. Both ETFs have the same 0.50% expense ratio. On volatility, THMZ has been the lower-risk option at 6.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEKY or THMZ?

Over the 1-year period, TEKY has performed better with a 37.15% return vs 12.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEKY or THMZ?

TEKY and THMZ have the same expense ratio: 0.50% per year.

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

THMZ has the higher dividend yield at 0.24%, compared with 0.17% for TEKY.

What is the main difference between TEKY and THMZ?

TEKY is categorized as Technology Equities, while THMZ is Global Equities.

Which has better risk-adjusted returns?

TEKY currently has the higher Sharpe Ratio (1.47 vs 0.77), 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.