Franklin Templeton, Inc. (BEN) — Stock Correlations & Overview
Over the past year, BEN has moved most closely with KCE, GABF, IYG. Explore the stocks most correlated and inversely correlated with BEN below, along with its price, financials, and company profile.
Stocks correlated with BEN
Correlation of daily returns. Higher positive values move with BEN; negative values move opposite it. Informational only, not investment advice.
Most correlated with BEN
| Symbol | Company | Correlation |
|---|---|---|
| KCE | State Street SPDR S&P Capital Markets ETF | 0.72 |
| GABF | Gabelli Financial Services Opportunities ETF | 0.68 |
| IYG | iShares U.S. Financial Services ETF | 0.67 |
| VFH | Vanguard Financials ETF | 0.66 |
| PFI | Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Financial Momentum ETF | 0.66 |
Frequently asked questions about BEN correlations
- Which stocks are most correlated with BEN?
- Based on one year of daily returns, the stocks most correlated with Franklin Templeton, Inc. (BEN) are KCE (0.72), GABF (0.68) and IYG (0.67). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with BEN?
- Over the past year, the stocks most inversely correlated with Franklin Templeton, Inc. (BEN) are FAZ (-0.64), SKF (-0.63) and SDOW (-0.63). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these BEN correlations calculated?
- We compute the correlation of daily returns between BEN and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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