ANNA vs BEN: Correlation
How closely do AleAnna, Inc. (ANNA) and Franklin Resources (BEN) trade together? Their weekly returns over three years give a correlation of -0.14, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and BEN?
Over the past 3 years, ANNA and BEN moved with a correlation of -0.14, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.45) runs below the 3-year figure (-0.14). Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -356.6 %².
By 3-year correlation, BEN places #10 of the 103 assets tracked against ANNA. Their recent paths diverged sharply: over the last 12 months BEN outperformed by 77.3 percentage points (-34.3% for ANNA against +43.0% for BEN). Risk is not evenly split, since ANNA carries 3.2 times the volatility of the other side.
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.
ANNA vs BEN: side by side
| ANNA (AleAnna, Inc.) | BEN (Franklin Resources) | |
|---|---|---|
| 1-year return | -34.3% | +43.0% |
| 5-year return | -71.7% | +37.6% |
| Volatility (ann.) | 88.7% | 27.9% |
| Beta vs S&P 500 | -0.92 | 1.01 |
| Max drawdown (3Y) | -86.3% | -40.0% |
| Market cap | $0.1B | $17.7B |
| P/E (trailing) | 14.7 | 23.8 |
| Dividend yield | 0.00% | 3.74% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ANNA | BEN |
|---|---|---|
| 2022 | – | -17.5% |
| 2023 | +7.3% | +17.0% |
| 2024 | -37.6% | -27.2% |
| 2025 | -57.6% | +24.8% |
| 2026 | -3.0% | +49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and BEN good diversifiers for each other?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
FAQ
What is the correlation between ANNA and BEN?
As of 2026-08-27, the correlation of weekly returns between ANNA and BEN is -0.14 over 3 years, -0.45 over 1 year and -0.11 over 5 years.
Is BEN a good diversifier for ANNA?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
What does a correlation of -0.14 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-ben.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-ben/)
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Related comparisons
Hubs: ANNA correlations · BEN correlations
