BEN vs VERU: Correlation
Franklin Resources (BEN) and Veru Inc. (VERU) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BEN and VERU?
Across a 3-year window, the weekly returns of BEN and VERU correlate at -0.15, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.10 versus -0.15 over 3 years. Stretching to 5 years gives -0.03, with an annualized covariance of -393.6 %².
Within BEN's tracked universe of 28 assets, VERU comes in at #23 by 3-year correlation. The last year tells two different stories: BEN led by 59.7 percentage points, +43.0% for BEN against -16.7% for VERU. One caveat on sizing: VERU is 3.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 VERU: side by side
| BEN (Franklin Resources) | VERU (Veru Inc.) | |
|---|---|---|
| 1-year return | +43.0% | -16.7% |
| 5-year return | +37.6% | -96.9% |
| Volatility (ann.) | 27.9% | 94.7% |
| Beta vs S&P 500 | 1.01 | 0.37 |
| Max drawdown (3Y) | -40.0% | -88.3% |
| Market cap | $17.7B | – |
| P/E (trailing) | 23.8 | – |
| Dividend yield | 3.74% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | BEN | VERU |
|---|---|---|
| 2022 | -17.5% | -10.4% |
| 2023 | +17.0% | -86.4% |
| 2024 | -27.2% | -9.7% |
| 2025 | +24.8% | -67.1% |
| 2026 | +49.4% | +28.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BEN and VERU good diversifiers for each other?
Yes. With a correlation of -0.15, BEN and VERU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BEN and VERU?
As of 2026-08-27, the correlation of weekly returns between BEN and VERU is -0.15 over 3 years, 0.10 over 1 year and -0.03 over 5 years.
Is VERU a good diversifier for BEN?
Yes. With a correlation of -0.15, BEN and VERU have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.15 mean?
On the −1 to +1 scale, -0.15 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-veru.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ben-vs-veru/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BEN correlations · VERU correlations
