See what your fund actually adds
Lazard Emerging Markets Equity Portfolio Institutional Shares LZEMX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | LZEMX | Replication |
|---|---|---|
| Annualized growth | 4.3% | -28.5% |
| Annualized volatility | 9.4% | 7.6% |
| Sharpe ratio | 0.49 | -4.38 |
| Maximum drawdown | 2.9% | 5.0% |
| Replication fit (R²) | 0.88 · Tracking error 3.2% | |
Replication portfolio
The published portfolio below is the investable basket used to model LZEMX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| EFV | Intl · Value | 67.3% |
| IWC | Micro Cap | 13.2% |
| XLU | Sector · Utilities | 12.3% |
| XLE | Sector · Energy | 7.2% |