BENF vs TAYD: Correlation
Measured on weekly returns over the past three years, Beneficient (BENF) and Taylor Devices, Inc. (TAYD) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BENF and TAYD?
Across a 3-year window, the weekly returns of BENF and TAYD correlate at -0.28, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.29 lands near the 3-year figure. Stretching to 5 years gives -0.25, with an annualized covariance of -2699.4 %².
TAYD is close to the least connected end of BENF's tracked universe, ranking #10 of 12. Their recent paths diverged sharply: over the last 12 months TAYD outperformed by 49.5 percentage points (-22.9% for BENF against +26.6% for TAYD). Note the risk asymmetry: BENF runs 3.2 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 TAYD: side by side
| BENF (Beneficient) | TAYD (Taylor Devices, Inc.) | |
|---|---|---|
| 1-year return | -22.9% | +26.6% |
| 5-year return | -100.0% | +405.0% |
| Volatility (ann.) | 176.6% | 55.2% |
| Beta vs S&P 500 | 1.25 | 0.59 |
| Max drawdown (3Y) | -99.9% | -52.7% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 23.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BENF | TAYD |
|---|---|---|
| 2022 | +3.7% | +29.9% |
| 2023 | -95.3% | +56.0% |
| 2024 | -98.1% | +88.1% |
| 2025 | +18.0% | +40.5% |
| 2026 | -69.3% | +4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BENF and TAYD good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BENF and TAYD?
The BENF/TAYD correlation stands at -0.28 on a 3-year window (1 year: -0.29, 5 years: -0.25), computed from weekly returns as of 2026-08-27.
Is TAYD a good diversifier for BENF?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
A reading of -0.28 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/benf-vs-tayd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/benf-vs-tayd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BENF correlations · TAYD correlations
