Key stats
About Lazard US Systematic Small Cap Equity ETF
Home page
Inception date
Sep 15, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Lazard Asset Management LLC
Distributor
Foreside Fund Services LLC
Identifiers
3
ISIN US52110K7072
SYZ aims to deliver outsized returns by investing in 200 to 500 small-cap US stocks. Investments may also include ADRs, GDRs, and EDRs, as well as larger US companies and international firms, capped at 20%. Stock selection is based on a proprietary automated fundamental analyst framework. The strategy converts qualitative fundamental insights into quantitative formulas to identify recurring market inefficiencies where changes in companies fundamentals or valuations are mispriced. This approach is validated using historical data and executed daily through an automated system. The fund uses tax-efficient strategies by avoiding investments with unfavorable tax traits and optimizing trade timing to maximize after-tax returns. Prior to September 15, 2025, SYZ was a mutual fund called the Lazard US Systematic Small Cap Equity Portfolio before converting to an ETF structure, starting with $52.8 million in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Technology Services
Electronic Technology
Stocks96.54%
Finance14.15%
Producer Manufacturing13.73%
Technology Services12.09%
Electronic Technology10.76%
Health Technology9.02%
Commercial Services5.72%
Process Industries5.07%
Industrial Services4.33%
Consumer Services3.88%
Transportation2.75%
Distribution Services2.55%
Consumer Non-Durables2.10%
Consumer Durables2.05%
Retail Trade2.00%
Health Services1.99%
Non-Energy Minerals1.46%
Utilities1.03%
Energy Minerals1.02%
Communications0.82%
Miscellaneous0.01%
Bonds, Cash & Other3.46%
Cash3.19%
Mutual fund0.27%
Stock breakdown by region
North America92.61%
Europe2.85%
Middle East1.56%
Asia1.40%
Latin America1.32%
Oceania0.26%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SYZ invests in stocks. The fund's major sectors are Finance, with 14.15% stocks, and Producer Manufacturing, with 13.73% of the basket. The assets are mostly located in the North America region.
SYZ assets under management is 59.79 M USD. It's risen 6.55% over the last month.
SYZ fund flows account for 3.26 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, SYZ doesn't pay dividends to its holders.
SYZ shares are issued by Lazard, Inc. under the brand Lazard. The ETF was launched on Sep 15, 2025, and its management style is Active.
SYZ expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
SYZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SYZ invests in stocks.
SYZ price has risen by 2.02% over the last month, and its yearly performance shows a 6.20% increase. See more dynamics on SYZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.61% over the last month, showed a 7.28% increase in three-month performance and has increased by 8.02% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.61% over the last month, showed a 7.28% increase in three-month performance and has increased by 8.02% in a year.
SYZ trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.