THMZ vs. IDEQ

Last updated Jun 4, 2026

THMZ (Lazard Equity Megatrends ETF) and IDEQ (Lazard International Dynamic Equity ETF) are both exchange-traded funds - THMZ is a Global Equities fund actively managed by Lazard, while IDEQ is a Foreign Large Cap Equities fund actively managed by Lazard. Both are actively managed. A 0.80 correlation means they provide meaningful diversification when combined. THMZ charges 0.50%/yr vs 0.40%/yr for IDEQ.

Performance

THMZ vs. IDEQ - Performance Comparison

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

Returns By Period

In the year-to-date period, THMZ achieves a 3.26% return, which is significantly lower than IDEQ's 16.67% return.

THMZ

• 1D: -0.68%
• 1M: 4.63%
• YTD: 3.26%
• 6M: 3.17%
• 1Y: 15.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IDEQ

• 1D: -0.87%
• 1M: 4.76%
• YTD: 16.67%
• 6M: 20.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

THMZ vs. IDEQ - Yearly Performance Comparison

	2026 (YTD)	2025
THMZ Lazard Equity Megatrends ETF	3.26%	6.54%
IDEQ Lazard International Dynamic Equity ETF	16.67%	11.77%

Correlation

The correlation between THMZ and IDEQ is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 2, 2025	0.80

Return for Risk

THMZ vs. IDEQ — Risk / Return Rank

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

THMZ

THMZ Risk / Return Rank: 26
THMZ Sharpe Ratio Rank: 28
THMZ Sortino Ratio Rank: 27
THMZ Omega Ratio Rank: 27
THMZ Calmar Ratio Rank: 22
THMZ Martin Ratio Rank: 26

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.

THMZ vs. IDEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Equity Megatrends ETF (THMZ) and Lazard International Dynamic Equity ETF (IDEQ). 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.

	THMZ	IDEQ	Difference
Sharpe ratio: Return per unit of total volatility	0.97	—	—
Sortino ratio: Return per unit of downside risk	1.45	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	0.95	—	—
Martin ratio: Return relative to average drawdown	3.41	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	THMZ	IDEQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.97	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.64	2.30	-0.66

Drawdowns

THMZ vs. IDEQ - Drawdown Comparison

The maximum THMZ drawdown since its inception was -15.99%, which is greater than IDEQ's maximum drawdown of -12.95%. Use the drawdown chart below to compare losses from any high point for THMZ and IDEQ.

Drawdown Indicators

	THMZ	IDEQ	Difference
Max Drawdown Largest peak-to-trough decline	-15.99%	-12.95%	-3.04%
Max Drawdown (1Y) Largest decline over 1 year	-15.99%	—	—
Current Drawdown Current decline from peak	-0.68%	-0.87%	+0.19%
Average Drawdown Average peak-to-trough decline	-2.60%	-2.10%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.43%	—	—

Volatility

Volatility by Period

	THMZ	IDEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.58%	18.39%	-2.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.72%	18.39%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.72%	18.39%	+0.33%

THMZ vs. IDEQ - Expense Ratio Comparison

THMZ has a 0.50% expense ratio, which is higher than IDEQ's 0.40% expense ratio.

Dividends

THMZ vs. IDEQ - Dividend Comparison

THMZ's dividend yield for the trailing twelve months is around 0.41%, less than IDEQ's 0.52% yield.

Position	TTM	2025
IDEQ Lazard International Dynamic Equity ETF	0.52%	0.60%
THMZ Lazard Equity Megatrends ETF	0.41%	0.30%

Frequently Asked Questions

Can I hold both THMZ and IDEQ in my portfolio?

THMZ and IDEQ have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THMZ or IDEQ?

On fees, IDEQ is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, THMZ or IDEQ?

IDEQ is cheaper with a 0.40% expense ratio, compared with 0.50% for THMZ.

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

IDEQ has the higher dividend yield at 0.52%, compared with 0.41% for THMZ.

What is the main difference between THMZ and IDEQ?

THMZ is categorized as Global Equities, while IDEQ is Foreign Large Cap Equities. Their fees differ too: 0.50% for THMZ and 0.40% for IDEQ.