Lazard US Systematic Small Cap Equity ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About SYZ
Under normal circumstances, the Portfolio investsat least 80% of its assets in equity securities of small capitalization U.S. companies. The InvestmentManager considers “small capitalization companies” to be those companies that, at the time of initialpurchase by the Portfolio, have market capitalizations within the range of companies included in theRussell 2000 Index (ranging from approximately $4.4 million to $38.0 billion as of March 31, 2026). Equitysecurities include common stocks, depositary receipts, including ADRs, Global Depositary Receipts andEuropean Depositary Receipts. The Portfolio considers a company or issuer to be a “U.S. company”if: (i) the company/issuer is organized under the laws of or is domiciled in the U.S. or maintains itsprincipal place of business in the U.S.; (ii) the security, or security of such company/issuer, is tradedprincipally in the U.S.; or (iii) during the most recent fiscal year of the company/issuer, the company/issuer derived at least 50% ofits revenues or profits from goods produced or sold, investments made, or services performed in the U.S.or that has at least 50% of its assets in the U.S.The InvestmentManager seeks to achieve the investment objective through investing in an actively managed, diversified,long-only portfolio comprised primarily of equity securities of small capitalization U.S. companies.The Portfolio typically invests in 200 to 600 companies.The Portfoliomay invest up to 20% of its assets in other securities which need not be equity securities of small capU.S. companies, including investments in larger U.S. companies and in non-U.S. companies.TheInvestment Manager actively manages the Portfolio using its proprietary investment strategy that createsand applies fundamental and quantitative techniques into a fully systematic process, which is designedto convert fundamental criteria and market data into various quantitative formulas to make investmentdecisions. The Investment Manager terms this its “Automated Fundamental Analyst” investment framework,which involves steps including the following:· identification of a fundamentalopportunity, a recurring market inefficiency where the Investment Managerbelieves that investors are not fully incorporating the impact of a company’s changing operating fundamentalsand/or attractive valuations;· converting this market observation into quantified conditions utilizing proprietary process,knowledge and techniques;· attempting to validate the observation throughextensive proprietary testing that includes historical data, minimum targeted return objectives and persistencehurdles;· through the operation of each Automated FundamentalAnalyst, a number of securities are identified; and· the securities selection process is implemented systematically into automated daily operations.The Investment Manager selects investments for the Portfolio by applying the foregoingsecurities selection process to an investable universe of all publicly-traded equity securities, witha focus on small cap companies. However, Automated Fundamental Analysts, which may change over time,may be applied to the broad market or specific to a particular sector or industry. In addition, theselection process described above is not sequential, and certain criteria may be given more importancethan others. Target position sizes are determined at the time of investment based on the input of oneor more Automated Fundamental Analysts and subsequently monitored on an ongoing basis.
Data for SYZ is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.