Lazard International Dynamic Equity ETF
$34.57−0.02 (−0.06%)
- 0.40%
- $1.9B
- +25.0%
- 1.34%
- 0.3M sh
- $34.67
- low $28.15high $36.47
The ETF.net IDEQ Grade
B
Score 68 out of 100
- 9 of 57
Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A79 out of 100Rank 13 of 57Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C53 out of 100Rank 31 of 57Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B65 out of 100Rank 15 of 57Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B61 out of 100Rank 20 of 53Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 8 of 57
Our read on IDEQ
BAn institutional quant strategy that finally opened its doors. Lazard's International Equity Advantage mutual fund, running since 2015, became this ETF in 2025: multi-factor stock picking outside the US, measured against MSCI ACWI ex USA, at 0.40% a year.
The Portfolio seeks long-term capital appreciation. It normally invests at least 80% of its net assets, plus borrowings for investment purposes, in non-U.S. equity securities.
Why people hold it
- Not a fresh idea in a new wrapper. Lazard's quantitative team has run this portfolio since 2015 as a mutual fund, converting it into an ETF in 2025.lazard.com
- 0.40% a year sits under the 0.60% typical of active international equity funds, one reason it ranks among the stronger implementations in that group.
- Four signals, not one. The proprietary model ranks stocks on value, growth, quality and momentum, then shapes risk exposures against MSCI ACWI ex USA.
- The prospectus commits at least 80% of net assets to non-US equities, so it stays a dedicated overseas sleeve rather than drifting back toward home.
Worth knowing
- Cheap for active, not cheap outright: systematic rivals AVDE, DFIC and JIRE all price near a quarter of a percent.
- MSCI ACWI ex USA is the yardstick, not the blueprint. The model chooses and weights holdings itself, so the portfolio can sit far from the index.
- Lazard discloses that the strategy can hold a large share of assets in a single country, Japan being its own example, so one market's politics can carry weight.lazard.com
IDEQ Holdings
- Stocks
- 278
- 25%
- 2330.TW
Geography
- Japan14.26%
- Taiwan (Province of China)9.98%
- United Kingdom9.03%
- Canada8.47%
- Korea (the Republic of)7.23%
- China6.62%
- France6.08%
- Switzerland4.61%
- 33.72%
Developed 66% · Emerging 34%
IDEQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
IDEQ$12,500
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IDEQ |
|---|---|
| Year to date | +14.9% |
| 1 month | −3.9% |
| 3 months | −0.8% |
| 1 year | +25.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IDEQ |
|---|---|---|
| 2026 YTD | +14.9% | |
| 2025 | +22.9% |
IDEQ in the news
IDEQ Dividends
- 1.34%
- $0.46
- $0.28 per share
- Twice a year
Distribution history
IDEQ Risk
- 14.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.50
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −13.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.77
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IDEQ Cost
0.40%
IDEQ0.40%
- The middle half of International Active Equity funds
- Median 0.59%
12 of the 55 International Active Equity funds charge less.
Other funds in International Active Equity
- AENHIiShares Enhanced International Active ETFExpense ratio 0.27%1 year return —
- BAPIEActivePassive International Equity ETFExpense ratio 0.45%1 year return +14.1%
- BTOUST. Rowe Price International Equity ETFExpense ratio 0.50%1 year return +17.0%
- BBRIEMFS Active Exchange Traded Funds Trust - MFS Blended Research International Equity ETFExpense ratio 0.34%1 year return —
- BILOWAlliance Bernstein - AB International Low Volatility Equity ETFExpense ratio 0.50%1 year return +10.5%