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Launched

Lazard Next Gen Technologies ETF

TEKYNasdaqLazardC

$40.14−0.70 (−1.71%)

At close: Nov 2, 2026, 4:00 PM ET

C54/ 100

Rank 15 of 30 in Artificial Intelligence

C54/100Rank 15 of 30inArtificial Intelligence
Intraday session: down, 79 prints from 40.83 to 40.14. Range 40.14 to 41.45. Use the arrow keys to read each point.40.5041.0041.2541.5010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$56M
1Y total return
−0.6%
Yield · Last 12 months
0.19%
Holdings
45
Avg volume · 30D
544 sh
52W range
low $32.22high $48.39
Launched

The ETF.net TEKY Grade

C

Score 54 out of 100

Category
Artificial Intelligence⁠
Rank
15 of 30
Six-pillar profile for TEKY. Scores out of 100: Cost 79, Risk 44, Mission 67, Tradability 3, Holdings 73, Durability 51. Strongest: Cost (79). Weakest: Tradability (3). Leans toward Cost and Holdings.

Score 54 of 100 falls in the C 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 100
    Rank 7 of 30

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    B67 out of 100
    Rank 7 of 10

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C44 out of 100
    Rank 20 of 28

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F3 out of 100
    Rank 30 of 30

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A73 out of 100
    Rank 6 of 27

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C51 out of 100
    Rank 18 of 30

Our read on TEKY

ETF.net Research

In short

CMost AI ETFs hand the job to an index. TEKY is the stock-picker's version: Lazard analysts run a concentrated global book of roughly 50 names across the whole AI stack, from chipmakers to the firms selling AI software onward.

Stated mandate

The Portfolio normally invests at least 80% of its net assets in equity and equity-related securities of or related to next-generation technology companies worldwide, including companies involved in artificial intelligence and automation.

Why people hold it

  • Active by design. Managers hold roughly 40 to 60 names spanning AI hardware infrastructure, enabling technologies and application vendors, instead of tracking a theme index.sec.gov
  • Cheap for an active thematic: 0.50% net of a fee waiver (0.60% gross), below the category median fee and under active peer IGPT at 0.57%.
  • The mandate is worldwide, not US-only. At least 80% of assets go to next-gen tech companies anywhere, via common stock, ADRs and global depositary receipts.sec.gov

Worth knowing

  • Thinly traded. Spreads and market impact can cost more than the expense ratio, which matters most on bigger orders.
  • Non-diversified under SEC rules and concentrated by construction, so one issuer or one corner of the AI stack can swing the fund harder.lazardassetmanagement.com
  • Launched in 2025, so the record is short, and cash comes back once or twice a year rather than quarterly.

TEKY Performance

Launched Apr 4, 2025

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.
TEKY$9,935
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. TEKY $9,935. SPY $11,199. Use the arrow keys to read each point.$8,000$10,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for TEKY. Periods over one year show the average yearly return.
PeriodTEKY
Year to date+9.1%
1 month−11.8%
3 months−4.1%
1 year−0.6%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TEKY
YearReturn barTEKY
2026 YTD+9.1%
2025+50.3%

History from Apr 7, 2025

TEKY in the news

TEKY Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.19%Last 12 months
Payout per share
$0.08Last 12 months
Last payment
$0.08 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2025–2026

One bar per payment. 2 payments from 2025 to 2026 YTD. Jun 20, 2025 $0.02; Mar 20, 2026 $0.08. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Mar 20, 2026Mar 23, 2026$0.08
Jun 20, 2025Jun 23, 2025$0.02

$10,000 in TEKY 1 year ago paid $18.45 in dividends.

TEKY Risk

Risk pillarC44 out of 100Rank 20 of 28 in Artificial Intelligence
How much the fund’s monthly returns vary, scaled to a year.
29.3%
Annualised · 18 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.81
vs 3-month T-bills · 18 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−21.4%
18 months · trough Mar 2026
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.

How strongly the fund’s returns move with its asset-class index.
1.92
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

TEKY Cost

Compare TEKY and XAIX

Overpaying vs XAIX, tied cheapest in Artificial Intelligence

$2,853

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • TEKY 0.50%

    $9,979

  • XAIX 0.35% Tied cheapest

    $7,126

$10,000
30 years

Cost over time

  • TEKY 0.50%
  • XAIX 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530TEKY $9,979XAIX $7,126

Year by year

YearTEKYXAIXOverpaying
10$900$634$266
20$3,460$2,454$1,006
30$9,979$7,126$2,853

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