BENF vs CMT: Correlation
How closely do Beneficient (BENF) and Core Molding Technologies Inc (CMT) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BENF and CMT?
Across a 3-year window, the weekly returns of BENF and CMT correlate at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.30) sits close to the 3-year figure. Stretching to 5 years gives -0.17, with an annualized covariance of -1591.6 %².
CMT is close to the least connected end of BENF's tracked universe, ranking #8 of 12. Their recent paths diverged sharply: over the last 12 months CMT outperformed by 53.4 percentage points (-22.9% for BENF against +30.5% for CMT). Note the risk asymmetry: BENF runs 4.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BENF vs CMT: side by side
| BENF (Beneficient) | CMT (Core Molding Technologies Inc) | |
|---|---|---|
| 1-year return | -22.9% | +30.5% |
| 5-year return | -100.0% | +80.4% |
| Volatility (ann.) | 176.6% | 40.3% |
| Beta vs S&P 500 | 1.25 | 0.39 |
| Max drawdown (3Y) | -99.9% | -56.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 29.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BENF | CMT |
|---|---|---|
| 2022 | +3.7% | +52.6% |
| 2023 | -95.3% | +42.6% |
| 2024 | -98.1% | -10.7% |
| 2025 | +18.0% | +21.2% |
| 2026 | -69.3% | +24.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BENF and CMT good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between BENF and CMT?
The BENF/CMT correlation stands at -0.22 on a 3-year window (1 year: -0.30, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is CMT a good diversifier for BENF?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/benf-vs-cmt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/benf-vs-cmt/)
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Related comparisons
Hubs: BENF correlations · CMT correlations
