What this ETF is trying to do

The LAZARD NEXT GEN TECHNOLOGIES ETF (ticker: TEKY) is an exchange-traded fund (ETF). It focuses on companies involved in next-generation technologies. This means it seeks to provide exposure to newer types of technology businesses rather than just established, traditional ones.

What the numbers show

To understand how this ETF has performed, we can look at its price returns and total returns. The share-price return tells us how much the price of one share changed. The total return includes both the change in the share price and any distributions (like cash payments) paid out during that time.

Here is a look at the recent performance:

• One-Year Price Return: Approximately 23.87%

• One-Year Total Return: Approximately 24.14%

• Year-to-Date (YTD) Price Return: Approximately 28.28%

• Year-to-Date (YTD) Total Return: Approximately 28.57%

To put this into perspective, imagine you had $10,000 invested in this ETF roughly one year ago. Based on the estimated price from that time ($38.84) and the current price ($48.11), your investment's share-price value would be about $12,387 today.

Income and distribution explanation

This ETF has a distribution yield of approximately 0.16%. The distribution yield tells you how much cash the fund pays out relative to its current price. This specific ETF pays distributions on an irregular or less frequent basis. It is important for new investors to remember that a high distribution yield does not automatically mean the total return will be high, as the share price could still go down.

NAV erosion explanation

NAV erosion is a term used to describe when the value of the underlying assets in a fund drops over time. StockValueFinder uses an erosion-risk score to measure this risk. For TEKY, the erosion score is 100, and the label states "No price erosion detected." The severity of this risk is rated as "good," which means there is no evidence of significant value loss in the fund's underlying assets based on these measurements.

Pros

• The ETF has shown positive price returns over the last year.

• There is currently no detected price erosion, which suggests the underlying value of the holdings is stable.

Cons

• Distributions are paid out irregularly rather than on a set schedule.

• Total return data for three years and five years was not supplied.

Portfolio Exposure

The following are the Top Holdings for this ETF as of October 7, 2026. Please note that these holdings can change over time and this list is only partial: 1. NVIDIA CORP (5.67%) 2. ALPHABET INC CLASS A (5.49%) 3. AMAZON.COM INC (4.19%) 4. TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR (3.76%) 5. CROWDSTRIKE HOLDINGS INC CLASS A (3.50%) 6. ADVANCED MICRO DEVICES INC (3.47%) 7. BROADCOM INC (3.29%) 8. PALANTIR TECHNOLOGIES INC ORDINARY SHARES CLASS A (2.82%) 9. DATADOG INC CLASS A (2.78%) 10. PALO ALTO NETWORKS INC (2.68%)

Beginner takeaway

TEKY is an ETF that invests in next-generation technology companies. Over the last year, it has shown a positive price return of about 23.87%. While it does pay out distributions, they happen less frequently. The data shows no signs of NAV erosion, meaning the fund's underlying value appears stable according to StockValueFinder's risk scores.