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THMZ

GradeCNASDAQ

Lazard Equity Megatrends ETF

Themes · Lazard · Inception 2025-04-04

$34.55−0.28 (−0.81%)

As of Sep 23, 2026, 11:45 AM EDT

History starts Apr 7, 2025.
Intraday session: down, 7 prints from 34.83 to 34.55. Range 34.47 to 34.68. Use the arrow keys to read each point.$34.50$34.60$34.7010 AM12 PM2 PM4 PM
Expense ratio
0.60%
Fund size
$55M
1Y return
+10.0%
Yield · Last 12 months
0.39%
Holdings
60
Volume · 30D
0M sh
NAV per share
$34.52
52W range
low $28.18high $36.13

The ETF.net THMZ Grade

C

47/ 100

Rank 10 of 21 in Global Thematic

Confidence Medium

Six-pillar profile for THMZ. Scores out of 100: Cost 45, Risk 56, Mission not scored, Tradability 28, Holdings 75, Durability 47. Strongest: Holdings (75). Weakest: Tradability (28). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 47 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.
    CScore 45
    Category rank12/21 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 56
    Category rank8/20 · top 40%
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 28
    Category rank17/21 · bottom quartile
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 75
    Category rank6/18 · top 33%
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 47
    Category rank16/21 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on THMZ

ETF.net Research

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.

Stated mandate

THMZ is the ticker shown for Lazard Equity Megatrends ETF on NASDAQ.

Why people hold it

  1. 01One 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
  2. 02Actively 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
  3. 03The 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

  1. 01At 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.
  2. 02Launched 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
  3. 03Thinly traded next to the category's heavyweights, so spreads can be wider and less forgiving. Limit orders are the usual answer.

THMZ Holdings

As of Sep 20, 2026, 8:43 AM
Asset class
Stocks
Holdings
60
Top-10 weight
32%
Largest holding
TSM5.5%

Geography

  • United States55.87%
  • Japan10.83%
  • Taiwan (Province of China)5.53%
  • Sweden5.04%
  • United Kingdom3.83%
  • France3.81%
  • Germany2.28%
  • Ireland2.26%
  • Other countries (9)10.55%

Developed 76% · Emerging 24% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001TSMTAIWAN SEMICONDUCTOR SP ADR5.45%6,879$3M268
002MSFTMICROSOFT CORP3.68%4,014$2M792
003AMZNAMAZON.COM INC3.67%7,934$2M720
004GOOGLALPHABET INC CL A3.43%5,356$2M704
005AMATAPPLIED MATERIALS INC3.19%4,145$2M558
006NVDANVIDIA CORP3.02%7,473$2M828
007METAMETA PLATFORMS INC CLASS A2.75%2,191$1M683
008TMOTHERMO FISHER SCIENTIFIC INC2.48%2,044$1M369
009KEYSKEYSIGHT TECHNOLOGIES IN2.44%4,005$1M368
010SIE.DESIEMENS AG REG2.25%3,981$1M152
011AAPLAPPLE INC2.21%3,563$1M707
012DHRDANAHER CORP2.09%5,346$1M327
013AVGOBROADCOM INC2.04%3,186$1M732
0146954.TFANUC CORP2.03%29,600$1M138
015SU.PASCHNEIDER ELECTRIC SE2.00%3,285$1M173

Showing 1–15 of 63 holdings

THMZ Performance

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

THMZ$11,001
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. THMZ $11,001. SPY $11,723. Use the arrow keys to read each point.$8,657$10,324$11,992Sep 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 THMZ. Periods over one year show the average yearly return.
PeriodTHMZ
Year to date+7.0%
1 month+0.7%
3 months+3.5%
1 year+10.0%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper 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 THMZ
YearReturn barTHMZ
2026 YTD+7.0%
2025+31.8%

History from Apr 7, 2025

THMZ in the news

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

THMZ 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.
0.39%Last 12 months
Payout per share
$0.14Last 12 months
Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2025–2026

One bar per payment. 5 payments from 2025 to 2026 YTD. Jun 20, 2025 $0.10; Dec 19, 2025 $0.004; Mar 20, 2026 $0.04; Jun 18, 2026 $0.04; Sep 18, 2026 $0.06. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Sep 18, 2026Sep 21, 2026$0.06
Jun 18, 2026Jun 22, 2026$0.04
Mar 20, 2026Mar 23, 2026$0.04
Dec 19, 2025Dec 22, 2025$0.004
Jun 20, 2025Jun 23, 2025$0.10

THMZ Risk

How much the fund’s monthly returns vary, scaled to a year.
14.5%
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.
0.97
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.
−16.0%
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.
1.10
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.

THMZ Cost

Expense ratio0.60%
  • The middle half of Global Thematic funds
  • Median 0.58%

11 of the 21 Global Thematic funds charge less.

THMZ costs $60.00 a year on $10,000. The median Global Thematic fund costs $58.00.