Lazard US Systematic Small Cap Equity ETF (SYZ) Performance
SYZ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +16.2% since Dec 31, 2025
- 1 year
- +17.9% total return
- Since first price
- +17.2% since 2025
SYZ trailing returns vs SPY, QQQ, AGG
| Period | SYZ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.1% | −0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.9% | −2.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.2% | +2.8% | +7.8% | +8.4% | −1.5% |
| YTD | +16.2% | +15.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +17.9% | +17.3% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 15, 2025 | +17.2% | +16.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SYZ vs SPY
From Sep 15, 2025: SYZ grew to $11,725, SPY to $11,655.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SYZ returns by calendar year
2026 is year to date.
SYZ annual returns table
| Year | SYZ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +16.2% | −7.6% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SYZ risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +16.4% |
| Volatility (annualized) | 14.8% |
| Sharpe ratio | 0.86 |
| Sortino ratio | 1.80 |
| Best month | +10.6% |
| Worst month | −4.0% |
| Best 12 months | +16.4% |
| Worst 12 months | +16.4% |
| Positive months | 67% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SYZ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 2 | +16.4% | +18.3% | +20.2% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
SYZ performance overview
Lazard US Systematic Small Cap Equity ETF (SYZ) returned +17.9% over the past year, with distributions reinvested. Since its first recorded price on Sep 15, 2025 it has returned +17.2%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: SYZ chart, SYZ holdings, SYZ dividends, SYZ valuation. See the SYZ overview for the latest quote and fund facts.
SYZ performance FAQ
What is the SYZ return over the past year?
SYZ returned +17.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 17.3%.
How much would $10,000 invested in SYZ be worth?
$10,000 invested in SYZ at its first recorded close on September 15, 2025 would be worth about $11,725 on October 23, 2026 with distributions reinvested.
How volatile is SYZ?
Over the past history SYZ had an annualized volatility of 14.8% and a Sharpe ratio of 0.86 (excess return over 1–3 month T-bills per unit of risk).