WCEO vs. SYZ

Last updated Jun 4, 2026

WCEO (Hypatia Women CEO ETF) and SYZ (Lazard US Systematic Small Cap Equity ETF) are both Small Cap Blend Equities funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. WCEO charges 0.85%/yr vs 0.60%/yr for SYZ.

Performance

WCEO vs. SYZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hypatia Women CEO ETF (WCEO) and Lazard US Systematic Small Cap Equity ETF (SYZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WCEO achieves a 11.34% return, which is significantly lower than SYZ's 17.30% return.

WCEO

• 1D: -0.81%
• 1M: 2.32%
• YTD: 11.34%
• 6M: 12.19%
• 1Y: 29.95%
• 3Y*: 14.56%
• 5Y*: —
• 10Y*: —

SYZ

• 1D: -1.04%
• 1M: 2.63%
• YTD: 17.30%
• 6M: 17.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WCEO vs. SYZ - Yearly Performance Comparison

	2026 (YTD)	2025
WCEO Hypatia Women CEO ETF	11.34%	1.09%
SYZ Lazard US Systematic Small Cap Equity ETF	17.30%	0.89%

Correlation

The correlation between WCEO and SYZ is 0.90, 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 16, 2025	0.90

Return for Risk

WCEO vs. SYZ — Risk / Return Rank

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

WCEO

WCEO Risk / Return Rank: 66
WCEO Sharpe Ratio Rank: 58
WCEO Sortino Ratio Rank: 62
WCEO Omega Ratio Rank: 55
WCEO Calmar Ratio Rank: 82
WCEO Martin Ratio Rank: 72

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.

WCEO vs. SYZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hypatia Women CEO ETF (WCEO) and Lazard US Systematic Small Cap Equity ETF (SYZ). 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.

	WCEO	SYZ	Difference
Sharpe ratio: Return per unit of total volatility	1.98	—	—
Sortino ratio: Return per unit of downside risk	2.92	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	4.33	—	—
Martin ratio: Return relative to average drawdown	13.47	—	—
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

	WCEO	SYZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	1.60	-0.93

Drawdowns

WCEO vs. SYZ - Drawdown Comparison

The maximum WCEO drawdown since its inception was -25.88%, which is greater than SYZ's maximum drawdown of -8.00%. Use the drawdown chart below to compare losses from any high point for WCEO and SYZ.

Drawdown Indicators

	WCEO	SYZ	Difference
Max Drawdown Largest peak-to-trough decline	-25.88%	-8.00%	-17.88%
Max Drawdown (1Y) Largest decline over 1 year	-6.96%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-25.88%	—	—
Current Drawdown Current decline from peak	-0.81%	-1.04%	+0.23%
Average Drawdown Average peak-to-trough decline	-5.52%	-2.09%	-3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	—	—

Volatility

Volatility by Period

	WCEO	SYZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.22%	16.65%	-1.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.13%	16.65%	+1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.13%	16.65%	+1.48%

WCEO vs. SYZ - Expense Ratio Comparison

WCEO has a 0.85% expense ratio, which is higher than SYZ's 0.60% expense ratio.

Dividends

WCEO vs. SYZ - Dividend Comparison

WCEO's dividend yield for the trailing twelve months is around 0.58%, more than SYZ's 0.14% yield.

Position	TTM	2025	2024	2023
SYZ Lazard US Systematic Small Cap Equity ETF	0.14%	0.00%	0.00%	0.00%
WCEO Hypatia Women CEO ETF	0.58%	0.64%	0.88%	0.93%

Frequently Asked Questions

Can I hold both WCEO and SYZ in my portfolio?

WCEO and SYZ have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WCEO or SYZ?

On fees, SYZ is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WCEO or SYZ?

SYZ is cheaper with a 0.60% expense ratio, compared with 0.85% for WCEO.

Which ETF pays a higher dividend yield, WCEO or SYZ?

WCEO has the higher dividend yield at 0.58%, compared with 0.14% for SYZ.

What is the main difference between WCEO and SYZ?

They also come from different issuers: Hypatia Capital and Lazard. Their fees differ too: 0.85% for WCEO and 0.60% for SYZ.