TEKY vs. VGT

Last updated Jun 24, 2026

TEKY (Lazard Next Gen Technologies ETF) and VGT (Vanguard Information Technology ETF) are both Technology Equities funds. TEKY is actively managed, while VGT is passively managed. Over the past year, TEKY returned 37.15% vs 43.06% for VGT. Their correlation of 0.92 suggests significant overlap in exposure. TEKY charges 0.50%/yr vs 0.09%/yr for VGT.

Performance

TEKY vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Next Gen Technologies ETF (TEKY) and Vanguard Information Technology ETF (VGT). 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 lower than VGT's 22.32% return.

TEKY

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

VGT

• 1D: -0.81%
• 1M: -0.54%
• YTD: 22.32%
• 6M: 20.31%
• 1Y: 43.06%
• 3Y*: 29.77%
• 5Y*: 19.33%
• 10Y*: 25.39%

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

TEKY vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025
TEKY Lazard Next Gen Technologies ETF	20.06%	50.31%
VGT Vanguard Information Technology ETF	22.32%	58.01%

Correlation

The correlation between TEKY and VGT is 0.91, 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	0.91
Correlation (All Time) Calculated using the full available price history since Apr 7, 2025	0.92

The correlation between TEKY and VGT has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

Return for Risk

TEKY vs. VGT — 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

VGT

VGT Risk / Return Rank: 58
VGT Sharpe Ratio Rank: 65
VGT Sortino Ratio Rank: 57
VGT Omega Ratio Rank: 58
VGT Calmar Ratio Rank: 59
VGT Martin Ratio Rank: 51

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. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Next Gen Technologies ETF (TEKY) and Vanguard Information Technology ETF (VGT). 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	VGT	Difference
Sharpe ratio: Return per unit of total volatility	1.47	1.91	-0.44
Sortino ratio: Return per unit of downside risk	1.98	2.44	-0.46
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio: Return relative to maximum drawdown	1.74	2.64	-0.90
Martin ratio: Return relative to average drawdown	4.76	8.02	-3.26

TEKY vs. VGT - Sharpe Ratio Comparison

The current TEKY Sharpe Ratio is 1.47, which is comparable to the VGT Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of TEKY and VGT, 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. VGT - Drawdown Comparison

The maximum TEKY drawdown since its inception was -21.43%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for TEKY and VGT.

Drawdown Indicators

	TEKY	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-21.43%	-54.63%	+33.20%
Max Drawdown (1Y) Largest decline over 1 year	-21.43%	-16.40%	-5.03%
Max Drawdown (3Y) Largest decline over 3 years	—	-27.23%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.07%	—
Current Drawdown Current decline from peak	-5.63%	-8.46%	+2.83%
Average Drawdown Average peak-to-trough decline	-4.81%	-7.95%	+3.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.83%	5.39%	+2.44%

Volatility

TEKY vs. VGT - Volatility Comparison

Lazard Next Gen Technologies ETF (TEKY) has a higher volatility of 12.26% compared to Vanguard Information Technology ETF (VGT) at 11.37%. This indicates that TEKY's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TEKY	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.26%	11.37%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	21.10%	18.52%	+2.58%
Volatility (1Y) Calculated over the trailing 1-year period	25.37%	22.73%	+2.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.80%	25.55%	+1.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.80%	24.76%	+2.04%

TEKY vs. VGT - Expense Ratio Comparison

TEKY has a 0.50% expense ratio, which is higher than VGT's 0.09% expense ratio.

Dividends

TEKY vs. VGT - Dividend Comparison

TEKY's dividend yield for the trailing twelve months is around 0.17%, less than VGT's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TEKY Lazard Next Gen Technologies ETF	0.17%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both TEKY and VGT in my portfolio?

With a correlation of 0.91, TEKY and VGT 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 VGT?

TEKY has higher volatility (12.26%) compared to VGT (11.37%). In terms of maximum drawdown, TEKY dropped -21.43% vs VGT's -54.63%.

Which ETF is better, TEKY or VGT?

On 1-year performance, VGT leads with 43.06% vs 37.15% for TEKY. On fees, VGT is cheaper at 0.09% per year. On volatility, VGT has been the lower-risk option at 11.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TEKY or VGT?

Over the 1-year period, VGT has performed better with a 43.06% return vs 37.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TEKY or VGT?

VGT is cheaper with a 0.09% expense ratio, compared with 0.50% for TEKY.

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

VGT has the higher dividend yield at 0.33%, compared with 0.17% for TEKY.

What is the main difference between TEKY and VGT?

They also come from different issuers: Lazard and Vanguard. Their fees differ too: 0.50% for TEKY and 0.09% for VGT.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (1.91 vs 1.47), 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.