LUSIX Performance — Lazard US Systematic Small Cap Equity Portfolio, Institutional Shares
Data updated: 2025-08-21
LUSIX returned +7.12% over one year to Jun 2025. The annualised 3-year return is +11.70%. The fund beat its US Small Blend category average: $100 invested three years ago grew to $139, against $132 for the category, and to $107 over one year, against $107. Volatility over the past three years was 20.11% a year. In the 12 months to Jun 2025 the fund took in a net $5.5M, and assets reached $48.44M.
LUSIX Growth of $100
What $100 invested in Lazard US Systematic Small Cap Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | LUSIX | Category average |
|---|---|---|
| 1 year (Jul 2024 – Jun 2025) | $107 | $107 |
| 3 years (Jul 2022 – Jun 2025) | $139 | $132 |
| Since data start (Oct 2021 – Jun 2025) | $114 | $109 |
LUSIX Trailing Returns
Total returns to Jun 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +7.12% |
| 3 years (annualised) | +11.70% |
LUSIX Annual Returns
Calendar-year total returns of Lazard US Systematic Small Cap Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jun) | −2.34% |
| 2024 | +12.92% |
| 2023 | +19.81% |
| 2022 | −16.34% |
| 2021 (Oct–Dec) | +2.83% |
LUSIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +3.0% | −5.3% | −6.0% | −2.4% | +4.9% | +3.9% | — | — | — | — | — | — |
| 2024 | −2.0% | +5.2% | +2.9% | −6.1% | +4.5% | −1.1% | +7.5% | −0.3% | +1.0% | −2.0% | +9.2% | −5.3% |
| 2023 | +8.9% | −1.4% | −2.4% | −2.8% | +0.9% | +8.7% | +4.8% | −3.7% | −5.0% | −6.5% | +8.4% | +10.2% |
| 2022 | −8.9% | +0.5% | +0.5% | −7.9% | +1.6% | −7.9% | +11.4% | −3.6% | −9.3% | +10.1% | +4.1% | −5.6% |
| 2021 | — | — | — | — | — | — | — | — | — | 0.0% | −2.0% | +4.9% |
LUSIX Risk
Risk measures from monthly returns over Jul 2022 – Jun 2025.
- 3-year volatility (annualised): 20.11%
- 3-year Sharpe ratio: 0.36 (vs 4.5% risk-free rate)
- Best month: +11.43% (Jul 2022)
- Worst month: −9.27% (Sep 2022)
LUSIX Fund Flows
Monthly money in and out of Lazard US Systematic Small Cap Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: $5.5M
- 12-month gross sales (incl. reinvestments): $20.4M
- Sales ÷ redemptions: 1.37×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2025 | $498K | $480K | $18K |
| May 2025 | $699K | $1.6M | −$895K |
| Apr 2025 | $560K | $1.1M | −$587K |
| Mar 2025 | $757K | $6.3M | −$5.6M |
| Feb 2025 | $470K | $577K | −$107K |
| Jan 2025 | $231K | $2.7M | −$2.5M |
| Dec 2024 | $2.9M | $931K | $2.0M |
| Nov 2024 | $2.4M | $465K | $2.0M |
| Oct 2024 | $1.2M | $175K | $1.0M |
| Sep 2024 | $2.9M | $145K | $2.7M |
| Aug 2024 | $1.6M | $66K | $1.5M |
| Jul 2024 | $6.1M | $200K | $5.9M |
LUSIX Assets Under Management
Net assets of Lazard US Systematic Small Cap Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-06-30 | $48.44M |
| 2025-03-31 | $46.94M |
| 2024-12-31 | $59.61M |
| 2024-09-30 | $55.74M |
| 2024-06-30 | $41.80M |
| 2024-03-31 | $41.39M |
| 2023-12-31 | $39.95M |
| 2023-09-30 | $34.21M |
| 2023-06-30 | $27.92M |
| 2023-03-31 | $26.09M |
| 2022-12-31 | $24.89M |
| 2022-09-30 | $23.03M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.