ACXP vs BEN: Correlation
How closely do Acurx Pharmaceuticals, Inc. (ACXP) and Franklin Resources (BEN) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACXP and BEN?
Across a 3-year window, the weekly returns of ACXP and BEN correlate at -0.21, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.38 versus -0.21 over 3 years. Stretching to 5 years gives -0.12, with an annualized covariance of -986.5 %².
Among the 32 assets we track against ACXP, BEN ranks #15 by 3-year correlation. The last year tells two different stories: BEN led by 113.0 percentage points, -70.0% for ACXP against +43.0% for BEN. Note the risk asymmetry: ACXP runs 6.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ACXP vs BEN: side by side
| ACXP (Acurx Pharmaceuticals, Inc.) | BEN (Franklin Resources) | |
|---|---|---|
| 1-year return | -70.0% | +43.0% |
| 5-year return | -98.5% | +37.6% |
| Volatility (ann.) | 170.6% | 27.9% |
| Beta vs S&P 500 | -0.66 | 1.01 |
| Max drawdown (3Y) | -98.8% | -40.0% |
| Market cap | – | $17.7B |
| P/E (trailing) | – | 23.8 |
| Dividend yield | 0.00% | 3.74% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ACXP | BEN |
|---|---|---|
| 2022 | -7.9% | -17.5% |
| 2023 | -3.8% | +17.0% |
| 2024 | -78.7% | -27.2% |
| 2025 | -84.7% | +24.8% |
| 2026 | -41.4% | +49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACXP and BEN good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between ACXP and BEN?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.38 over the last year and -0.12 over 5 years.
Is BEN a good diversifier for ACXP?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acxp-vs-ben.json
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[](https://www.pairbook.io/pair/acxp-vs-ben/)
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Related comparisons
Hubs: ACXP correlations · BEN correlations
