Skip to content
etf.net

TEKY

GradeCNASDAQ

Lazard Next Gen Technologies ETF

Themes · Lazard · Inception 2025-04-04

$45.79−0.59 (−1.27%)

As of Sep 23, 2026, 1:33 PM EDT

History starts Apr 7, 2025.
Intraday session: down, 9 prints from 46.38 to 45.79. Range 45.58 to 45.97. Use the arrow keys to read each point.$45.60$45.70$45.90$46.0010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$59M
1Y return
+20.1%
Yield · Last 12 months
0.16%
Volume · 30D
0M sh
NAV per share
$45.62
52W range
low $32.22high $47.60

The ETF.net TEKY Grade

C

49/ 100

Rank 13 of 30 in Artificial Intelligence⁠

Confidence High

Six-pillar profile for TEKY. Scores out of 100: Cost 66, Risk 48, Mission 72, Tradability 4, Holdings 72, Durability 50. Strongest: Mission (72). Weakest: Tradability (4). No single pillar leads.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 49 of 100 sits in the C 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.
    BScore 66
    Category rank11/30 · top 37%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 72
    Category rank6/10 · mid-pack

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank18/27 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 4
    Category rank29/30 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 72
    Category rank8/27 · top 30%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 50
    Category rank18/30 · mid-pack

Graded as of Sep 22, 2026

Our read on TEKY

ETF.net Research

CLazard's 2025 entry into the crowded AI aisle: a worldwide next-gen tech portfolio run without a tracking index, priced under the typical fee in its peer group. Still small and thinly traded.

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

  1. 010.60% expense ratio, below the median fee for its AI-theme peer group.
  2. 02No declared index. The mandate is at least 80% of net assets in next-gen tech equities worldwide, including AI and automation, with the picks left to Lazard.
  3. 03What it owns lines up closely with what it says it does, and it sits in the upper half of its AI-theme cohort.

Worth knowing

  1. 01Thin trading and a modest asset base mean the gap between buy and sell prices can be wider than at the giants in this category.
  2. 02Cheaper shelf-mates exist: XAIX at 0.35% and QTUM at 0.40% both undercut it.
  3. 03Launched in 2025, so the track record is short. Distributions come once or twice a year, not monthly.

TEKY Holdings

As of Sep 20, 2026, 8:43 AM
Asset class
Stocks
Holdings
—
Top-10 weight
38%
Largest holding
NVDA5.8%

Geography

  • United States62.16%
  • Taiwan (Province of China)12.85%
  • Japan6.55%
  • Korea (the Republic of)4.83%
  • Netherlands3.70%
  • China3.02%
  • Germany2.67%
  • Italy2.21%
  • Other countries (1)2.00%

Developed 45% · Emerging 55% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORP5.75%14,911$3M828
002GOOGLALPHABET INC CL A5.43%8,878$3M704
003AMZNAMAZON.COM INC4.16%9,408$2M720
004TSMTAIWAN SEMICONDUCTOR SP ADR3.84%5,067$2M268
005AMDADVANCED MICRO DEVICES3.68%3,841$2M618
006CRWDCROWDSTRIKE HOLDINGS INC A3.48%8,040$2M454
007AVGOBROADCOM INC3.31%5,409$2M732
008PLTRPALANTIR TECHNOLOGIES INC A2.83%9,118$2M503
009DDOGDATADOG INC CLASS A2.80%6,733$2M425
010PANWPALO ALTO NETWORKS INC2.63%3,991$1M486
011000660.KSSK HYNIX INC2.62%1,177$1M184
0126857.TADVANTEST CORP2.53%7,400$1M180
013ANETARISTA NETWORKS INC2.39%6,809$1M490
014TWLOTWILIO INC A2.35%5,424$1M271
015DTDYNATRACE INC2.27%23,158$1M184

Showing 1–15 of 49 holdings

TEKY Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

TEKY$12,014
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. TEKY $12,014. SPY $11,723. Use the arrow keys to read each point.$8,088$10,356$12,625Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

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.

Trailing total return for TEKY. Periods over one year show the average yearly return.
PeriodTEKY
Year to date+24.0%
1 month+5.8%
3 months−1.7%
1 year+20.1%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, 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+24.0%
2025+50.3%

History from Apr 7, 2025

TEKY in the news

ETF.net Research hasn’t filed on TEKY yet — coverage lands here as it’s written.

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 Sep 22, 2026.
0.16%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

TEKY Risk

How much the fund’s monthly returns vary, scaled to a year.
28.4%
Annualised · 16 months to Aug 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.
1.15
vs 3-month T-bills · 16 months to Aug 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%
17 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.
2.00
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.

TEKY Cost

Expense ratio0.60%
  • The middle half of Artificial Intelligence funds
  • Median 0.65%

10 of the 30 Artificial Intelligence funds charge less.

TEKY costs $60.00 a year on $10,000. The median Artificial Intelligence fund costs $65.00.