Lazard US Systematic Small Cap Equity ETF (SYZ) — Stock Correlations & Overview
Over the past year, SYZ has moved most closely with SEIS, AFSM, RUSC. Explore the stocks most correlated and inversely correlated with SYZ below, along with its price, financials, and company profile.
Stocks correlated with SYZ
Correlation of daily returns. Higher positive values move with SYZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with SYZ
| Symbol | Company | Correlation |
|---|---|---|
| SEIS | SEI Select Small Cap ETF | 0.96 |
| AFSM | First Trust Active Factor Small Cap ETF | 0.95 |
| RUSC | Russell Investments Exchange Traded Funds Russell Investments U.S. Small Cap Equity ETF | 0.95 |
| GSSC | GS ActiveBeta U.S. Small Cap Equity ETF | 0.95 |
| PRFZ | Invesco Exchange-Traded Fund Trust Invesco RAFI US 1500 Small-Mid ETF | 0.95 |
Frequently asked questions about SYZ correlations
- Which stocks are most correlated with SYZ?
- Based on one year of daily returns, the stocks most correlated with Lazard US Systematic Small Cap Equity ETF (SYZ) are SEIS (0.96), AFSM (0.95) and RUSC (0.95). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with SYZ?
- Over the past year, the stocks most inversely correlated with Lazard US Systematic Small Cap Equity ETF (SYZ) are SDD (-0.94), SBB (-0.94) and TZA (-0.94). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these SYZ correlations calculated?
- We compute the correlation of daily returns between SYZ and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.