BEN vs RF: Correlation
How closely do Franklin Resources (BEN) and Regions Financial Corporation (RF) trade together? Their weekly returns over three years give a correlation of 0.60, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEN and RF?
On 3 years of weekly data the BEN/RF correlation comes out at 0.60, strong. The link has loosened recently: the 1-year correlation (0.47) runs below the 3-year figure (0.60). The 5-year figure is 0.61, and annualized covariance runs at 484.9 %².
Within BEN's tracked universe of 28 assets, RF comes in at #13 by 3-year correlation. The last year tells two different stories: BEN led by 27.6 percentage points, +43.0% for BEN against +15.4% for RF. On a rolling one-year basis the correlation drifted between 0.42 and 0.79, 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 RF: side by side
| BEN (Franklin Resources) | RF (Regions Financial Corporation) | |
|---|---|---|
| 1-year return | +43.0% | +15.4% |
| 5-year return | +37.6% | +83.5% |
| Volatility (ann.) | 27.9% | 29.2% |
| Beta vs S&P 500 | 1.01 | 1.09 |
| Max drawdown (3Y) | -40.0% | -31.9% |
| Market cap | $17.7B | $25.9B |
| P/E (trailing) | 23.8 | 12.4 |
| Dividend yield | 3.74% | 3.45% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | BEN | RF |
|---|---|---|
| 2022 | -17.5% | +2.3% |
| 2023 | +17.0% | -5.7% |
| 2024 | -27.2% | +27.0% |
| 2025 | +24.8% | +20.2% |
| 2026 | +49.4% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEN and RF 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 RF?
Using weekly returns as of 2026-08-27: 0.60 over 3 years, with 0.47 over the last year and 0.61 over 5 years.
Is RF 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?
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/ben-vs-rf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ben-vs-rf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BEN correlations · RF correlations
