BEN vs FITB: Correlation
Franklin Resources (BEN) and Fifth Third Bancorp (FITB) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEN and FITB?
Over the past 3 years, BEN and FITB moved with a correlation of 0.60, which is strong. The link has loosened recently: the 1-year correlation (0.38) runs below the 3-year figure (0.60). Over 5 years the correlation is 0.60, and the annualized covariance of weekly returns is 491.2 %².
Among the 28 assets we track against BEN, FITB ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BEN ahead by 18.4 points (+43.0% versus +24.6%). On a rolling one-year basis the correlation drifted between 0.39 and 0.83, a moderate band.
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 FITB: side by side
| BEN (Franklin Resources) | FITB (Fifth Third Bancorp) | |
|---|---|---|
| 1-year return | +43.0% | +24.6% |
| 5-year return | +37.6% | +71.2% |
| Volatility (ann.) | 27.9% | 29.4% |
| Beta vs S&P 500 | 1.01 | 1.03 |
| Max drawdown (3Y) | -40.0% | -29.9% |
| Market cap | $17.7B | $49.7B |
| P/E (trailing) | 23.8 | 18.5 |
| Dividend yield | 3.74% | 2.90% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | BEN | FITB |
|---|---|---|
| 2022 | -17.5% | -21.9% |
| 2023 | +17.0% | +10.4% |
| 2024 | -27.2% | +27.2% |
| 2025 | +24.8% | +14.8% |
| 2026 | +49.4% | +19.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEN and FITB good diversifiers for each other?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BEN and FITB?
As of 2026-08-27, the correlation of weekly returns between BEN and FITB is 0.60 over 3 years, 0.38 over 1 year and 0.60 over 5 years.
Is FITB a good diversifier for BEN?
To a limited degree. At 0.60 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ben-vs-fitb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ben-vs-fitb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BEN correlations · FITB correlations
