{
 "ticker": "TEKY",
 "name": "Lazard Next Gen Technologies ETF",
 "issuer": "Lazard",
 "desk": "themes",
 "url": "https://etfiq.com/funds/teky",
 "html": "https://etfiq.com/funds/teky",
 "markdown": "https://etfiq.com/funds/teky.md",
 "as_of": "2026-09-11",
 "verdict": "TEKY holds 48 stocks, and 48% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "51.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TEKY, already in the S&P 500: 51.5%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "77.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TEKY, active share vs the S&P 500: 77.6%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "39.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TEKY, top ten holdings: 39.6%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+17.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "TEKY, total return, 1 year: +17.6%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$61m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "TEKY, net assets: $61m (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Apr 23, 2026",
   "as_of": "2026-09-11",
   "sentence": "TEKY, expense ratio: 0.50% (485BPOS XBRL, Apr 23, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Broad innovation and megatrends",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Apr 7, 2025",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "51.5%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "77.6%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "43.4%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "69.4%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "39.6%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "48",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "SK hynix Inc 5.7%, Alphabet Inc 5.2%, NVIDIA Corp 4.9%, Taiwan Semiconductor Manufacturing Co Ltd 4.0%, Amazon.com Inc 3.7%, Advanced Micro Devices Inc 3.7%, Broadcom Inc 3.4%, Applied Materials Inc 3.2%, Datadog Inc 3.2%, Palo Alto Networks Inc 2.6%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$61m",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22128.1%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.50%",
   "source": "485BPOS XBRL, Apr 23, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.64%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "WUGI 38%, WTAI 38%, CHAT 37%, BAI 36%, AIFD 36%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22122.4%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u22125.7 pts",
   "Gap to Nasdaq-100": "\u22121.6 pts"
  },
  {
   "window": "6 months",
   "Total return": "+25.7%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+9.7 pts",
   "Gap to Nasdaq-100": "+5.0 pts"
  },
  {
   "window": "1 year",
   "Total return": "+17.6%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+0.1 pts",
   "Gap to Nasdaq-100": "\u22125.4 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+75.8%",
   "S&P 500": "+53.7%",
   "Gap to S&P 500": "+22.1 pts",
   "Gap to Nasdaq-100": "+6.1 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of TEKY is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 52% of TEKY by weight is stocks the S&P 500 already holds. Its active share against the index is 78%, so that share is the part doing something different."
  },
  {
   "q": "What does TEKY hold?",
   "a": "48 positions as filed for Jun 30, 2026, with the top ten at 40% of the fund. The largest are SK hynix Inc at 5.7%, Alphabet Inc at 5.2%, NVIDIA Corp at 4.9%."
  },
  {
   "q": "Has TEKY beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 TEKY returned +17.6% with distributions reinvested, against +17.5% for the S&P 500, so it finished about even with the index by 0.1 points."
  },
  {
   "q": "What does TEKY cost?",
   "a": "The prospectus expense ratio is 0.50% a year. Because 78% of the fund differs from the S&P 500, the fee on that differing part works out at 0.64%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}