BEN vs TROW: Correlation
Franklin Resources (BEN) and T. Rowe Price (TROW) show a strong relationship: their 3-year correlation of weekly returns is 0.63.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEN and TROW?
Across a 3-year window, the weekly returns of BEN and TROW correlate at 0.63, strong. Lately the two have drifted apart, with the 1-year correlation at 0.39 versus 0.63 over 3 years. Stretching to 5 years gives 0.72, with an annualized covariance of 413.2 %².
By 3-year correlation, TROW places #4 of the 28 assets tracked against BEN. Correlation aside, the last 12 months split them widely, with BEN ahead by 34.9 points (+43.0% versus +8.1%). On a rolling one-year basis the correlation drifted between 0.39 and 0.86, 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 TROW: side by side
| BEN (Franklin Resources) | TROW (T. Rowe Price) | |
|---|---|---|
| 1-year return | +43.0% | +8.1% |
| 5-year return | +37.6% | -37.0% |
| Volatility (ann.) | 27.9% | 23.5% |
| Beta vs S&P 500 | 1.01 | 1.10 |
| Max drawdown (3Y) | -40.0% | -34.0% |
| Market cap | $17.7B | $24.0B |
| P/E (trailing) | 23.8 | 11.3 |
| Dividend yield | 3.74% | 4.57% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | BEN | TROW |
|---|---|---|
| 2022 | -17.5% | -42.2% |
| 2023 | +17.0% | +3.4% |
| 2024 | -27.2% | +9.7% |
| 2025 | +24.8% | -4.7% |
| 2026 | +49.4% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEN and TROW good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BEN and TROW?
As of 2026-08-27, the correlation of weekly returns between BEN and TROW is 0.63 over 3 years, 0.39 over 1 year and 0.72 over 5 years.
Is TROW a good diversifier for BEN?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 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-trow.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ben-vs-trow/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BEN correlations · TROW correlations
