Lazard International Dynamic Equity ETF
$35.65−0.53 (−1.48%)
- Expense ratio
- 0.40%
- Fund size
- $1.9B
- 1Y return
- +28.5%
- Yield · Last 12 months
- 1.29%
- Holdings
- 255
- Volume · 30D
- 0.3M sh
- NAV per share
- $35.84
- 52W range
The ETF.net IDEQ Grade
Score 69 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 79Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 56Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 65Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 63Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 80Category rank
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
- 255
- 24%
- 2330.TW
Geography
- Japan14.29%
- United Kingdom10.02%
- Taiwan (Province of China)9.19%
- Canada8.47%
- Korea (the Republic of)7.16%
- France6.73%
- China5.76%
- Netherlands4.54%
- 33.84%
Developed 68% · Emerging 32%
IDEQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +20.1% |
| 1 month | +0.2% |
| 3 months | +0.8% |
| 1 year | +28.5% |
| 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 | +20.1% | |
| 2025 | +22.9% |
IDEQ in the news
ETF.net Research hasn’t filed on IDEQ yet — coverage lands here as it’s written.
IDEQ Dividends
- 1.29%
- $0.46
- $0.28 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 18, 2026 | Jun 22, 2026 | $0.28 |
| Dec 19, 2025 | Dec 22, 2025 | $0.18 |
| Jun 20, 2025 | Jun 23, 2025 | $0.35 |
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.
- 1.73
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
- The middle half of International Active Equity funds
- Median 0.58%
12 of the 55 International Active Equity funds charge less.