BENF vs IDT: Correlation
Beneficient (BENF) and IDT Corporation (IDT) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BENF and IDT?
On 3 years of weekly data the BENF/IDT correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.27 over 3 years. The 5-year figure is -0.17, and annualized covariance runs at -1649.7 %².
IDT is close to the least connected end of BENF's tracked universe, ranking #9 of 12. Their recent paths diverged sharply: over the last 12 months IDT outperformed by 32.0 percentage points (-22.9% for BENF against +9.1% for IDT). One caveat on sizing: BENF is 5.2 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.
BENF vs IDT: side by side
| BENF (Beneficient) | IDT (IDT Corporation) | |
|---|---|---|
| 1-year return | -22.9% | +9.1% |
| 5-year return | -100.0% | +58.8% |
| Volatility (ann.) | 176.6% | 34.0% |
| Beta vs S&P 500 | 1.25 | 0.70 |
| Max drawdown (3Y) | -99.9% | -33.2% |
| Market cap | – | – |
| P/E (trailing) | – | 21.2 |
| Dividend yield | 0.00% | 0.36% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BENF | IDT |
|---|---|---|
| 2022 | +3.7% | -36.2% |
| 2023 | -95.3% | +21.0% |
| 2024 | -98.1% | +40.1% |
| 2025 | +18.0% | +8.2% |
| 2026 | -69.3% | +34.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BENF and IDT good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between BENF and IDT?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.45 over the last year and -0.17 over 5 years.
Is IDT a good diversifier for BENF?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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-idt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/benf-vs-idt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BENF correlations · IDT correlations
