BEN vs CHSN: Correlation
Franklin Resources (BEN) and Chanson International Holding - Class A (CHSN) show a negative relationship: their 3-year correlation of weekly returns is -0.13.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEN and CHSN?
On 3 years of weekly data the BEN/CHSN correlation comes out at -0.13, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.29) runs below the 3-year figure (-0.13). The 5-year figure is n/a, and annualized covariance runs at -1188.8 %².
Among the 28 assets we track against BEN, CHSN ranks #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BEN ahead by 142.4 points (+43.0% versus -99.4%). Risk is not evenly split, since CHSN carries 11.5 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.
BEN vs CHSN: side by side
| BEN (Franklin Resources) | CHSN (Chanson International Holding - Class A) | |
|---|---|---|
| 1-year return | +43.0% | -99.4% |
| 5-year return | +37.6% | n/a |
| Volatility (ann.) | 27.9% | 320.2% |
| Beta vs S&P 500 | 1.01 | 0.54 |
| Max drawdown (3Y) | -40.0% | -100.0% |
| Market cap | $17.7B | – |
| P/E (trailing) | 23.8 | 0.4 |
| Dividend yield | 3.74% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | BEN | CHSN |
|---|---|---|
| 2022 | -17.5% | – |
| 2023 | +17.0% | – |
| 2024 | -27.2% | +318.9% |
| 2025 | +24.8% | -99.5% |
| 2026 | +49.4% | -99.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEN and CHSN good diversifiers for each other?
By historical standards, yes. A correlation of -0.13 means the two rarely move for the same reasons.
FAQ
What is the correlation between BEN and CHSN?
As of 2026-08-27, the correlation of weekly returns between BEN and CHSN is -0.13 over 3 years, -0.29 over 1 year and n/a over 5 years.
Is CHSN a good diversifier for BEN?
By historical standards, yes. A correlation of -0.13 means the two rarely move for the same reasons.
What does a correlation of -0.13 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.
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Related comparisons
Hubs: BEN correlations · CHSN correlations
