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About Lazard International Dynamic Equity ETF
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Inception date
May 12, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
ISIN
US52110K4004
IDEQ launched through a conversion from a mutual fund, bringing $31.1 million in assets to the ETF. The ETF targets long-term capital appreciation by investing in diverse global non-US equities. With a proprietary active, systematic stock-picking process, Lazard balances risk and reward through a blend of machine intelligence and fundamental insights. The bottom-up selection technique bypasses single-style or factor dependency, focusing on valuation, growth, quality, and sentiment to consistently deliver excess returns. The portfolio includes common and preferred stocks, convertible securities, depositary receipts, and REITs, and extends up to 20% investment in US companies. It utilizes a quantitative model for sector allocation, considering factors such as market enthusiasm, price momentum, and trading volume. Allocations among countries and regions hinge on the management's market analysis, with investments spanning both developed and emerging markets. Prior to September 1, 2025, the fund went by the ticker EUSM.
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
Electronic Technology
Stocks98.33%
Finance26.79%
Electronic Technology13.89%
Health Technology7.69%
Retail Trade7.29%
Technology Services6.40%
Producer Manufacturing5.83%
Non-Energy Minerals5.75%
Transportation4.07%
Energy Minerals3.36%
Communications2.63%
Consumer Non-Durables2.59%
Industrial Services2.53%
Consumer Durables2.41%
Utilities2.36%
Consumer Services2.18%
Commercial Services1.61%
Process Industries0.74%
Distribution Services0.12%
Health Services0.11%
Bonds, Cash & Other1.67%
Mutual fund1.03%
UNIT0.48%
Cash0.15%
Miscellaneous0.01%
Stock breakdown by region
Europe42.53%
Asia40.01%
North America8.92%
Oceania4.08%
Middle East1.98%
Latin America1.45%
Africa1.03%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IDEQ invests in stocks. The fund's major sectors are Finance, with 26.79% stocks, and Electronic Technology, with 13.89% of the basket. The assets are mostly located in the Europe region.
IDEQ top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and BNP Paribas S.A. Class A, occupying 2.79% and 2.15% of the portfolio correspondingly.
Yes, IDEQ pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Jun 23, 2025) amounted to 0.34 USD. The dividends are paid semi-annually.
IDEQ shares are issued by Lazard, Inc. under the brand Lazard. The ETF was launched on May 12, 2025, and its management style is Active.
IDEQ expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
IDEQ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IDEQ invests in stocks.