Launch Roundup
First Trust listed six income ETFs at 0.85%, and the new fund flagged its own conflict
Lazard Equity Megatrends ETF
$34.65+0.03 (+0.08%)
- 0.60%
- $56M
- +11.0%
- 0.39%
- 0M sh
- $34.67
- low $28.18high $36.13
The ETF.net THMZ Grade
C
Score 47 out of 100
- 10 of 21
Score 47 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.C45 out of 100Rank 12 of 21Mission
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.B58 out of 100Rank 8 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D26 out of 100Rank 17 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A75 out of 100Rank 6 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C47 out of 100Rank 15 of 21
Our read on THMZ
CMost thematic funds make you pick one future: AI, water, space, clean power. THMZ buys the whole board instead, with Lazard's thematic team actively spreading a global stock portfolio across several megatrends at once.
THMZ is the ticker shown for Lazard Equity Megatrends ETF on NASDAQ.
Why people hold it
- One ticket, many themes: the managers turn technological, demographic and geopolitical shifts into a set of diversified themes rather than staking the fund on a single story.lazard.comlazardassetmanagement.com
- Actively run, global by design: established, well managed companies worldwide including emerging markets, with at least 80% of net assets in equity and equity-related securities.lazardassetmanagement.comfinance.yahoo.com
- The holdings are the sturdiest part of the picture: large, established global businesses instead of speculative pure-plays. Income is paid on a quarterly schedule.lazardassetmanagement.com
Worth knowing
- At 0.60% a year it prices a touch above the global-thematic midpoint and well above index-built rivals such as KLMT (0.10%) and IQSZ (0.19%). Active work, active price tag.
- Launched in 2025 and non-diversified: there is no long record to lean on, and individual positions can run larger than in a spread-out fund.finance.yahoo.com
- Thinly traded next to the category's heavyweights, so spreads can be wider and less forgiving. Limit orders are the usual answer.
THMZ Holdings
- Stocks
- 63
- 34%
- TSM
Geography
- United States58.87%
- Japan9.17%
- Taiwan (Province of China)5.68%
- Sweden5.12%
- United Kingdom4.33%
- France2.51%
- Ireland2.09%
- Uruguay1.68%
- 10.56%
Developed 73% · Emerging 27%
THMZ 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.
THMZ$11,102
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 | THMZ |
|---|---|
| Year to date | +6.4% |
| 1 month | +1.1% |
| 3 months | +2.2% |
| 1 year | +11.0% |
| 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 | THMZ |
|---|---|---|
| 2026 YTD | +6.4% | |
| 2025 | +31.8% |
THMZ in the news
THMZ Dividends
- 0.39%
- $0.14
- $0.06 per share
- Quarterly
Distribution history
THMZ Risk
- 14.1%
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.
- 0.90
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.
- −16.0%
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.
- 1.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
THMZ Cost
0.60%
THMZ0.60%
- The middle half of Global Thematic funds
- Median 0.58%
11 of the 21 Global Thematic funds charge less.
Other funds in Global Thematic
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- CPWRDTCW Transform Systems ETFExpense ratio 0.75%1 year return +8.7%
- CCOPXGlobal X - Copper Miners ETFExpense ratio 0.65%1 year return +44.9%
- CPRNTThe 3D Printing ETFExpense ratio 0.66%1 year return +10.7%
- CGLAMCorgi ETF Trust I - Corgi Beauty, Skincare & Aesthetics ETFExpense ratio 0.35%1 year return —