APAM vs. BEN
APAM (Artisan Partners Asset Management Inc.) and BEN (Franklin Resources, Inc.) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, APAM returned 11.03%/yr vs 3.40%/yr for BEN. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
APAM vs. BEN - Performance Comparison
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Returns By Period
In the year-to-date period, APAM achieves a -4.99% return, which is significantly lower than BEN's 28.98% return. Over the past 10 years, APAM has outperformed BEN with an annualized return of 11.03%, while BEN has yielded a comparatively lower 3.40% annualized return.
APAM
- 1D
- -2.12%
- 1M
- 1.25%
- YTD
- -4.99%
- 6M
- -8.92%
- 1Y
- -0.82%
- 3Y*
- 12.14%
- 5Y*
- 1.61%
- 10Y*
- 11.03%
BEN
- 1D
- -2.41%
- 1M
- 2.26%
- YTD
- 28.98%
- 6M
- 35.75%
- 1Y
- 50.18%
- 3Y*
- 12.61%
- 5Y*
- 1.69%
- 10Y*
- 3.40%
APAM vs. BEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
APAM Artisan Partners Asset Management Inc. | -4.99% | 2.72% | 4.85% | 60.26% | -31.31% | 2.74% | 71.01% | 66.94% | -38.17% | 45.24% |
BEN Franklin Resources, Inc. | 28.98% | 24.76% | -27.21% | 16.96% | -17.52% | 38.88% | 1.46% | -9.29% | -23.34% | 11.58% |
Correlation
The correlation between APAM and BEN is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2013 | 0.65 |
The correlation between APAM and BEN has been stable across timeframes, ranging from 0.64 to 0.72 - a consistent structural relationship.
Fundamentals
APAM:
$2.60B
BEN:
$15.74B
APAM:
$4.04
BEN:
$1.57
APAM:
9.04
BEN:
19.34
APAM:
2.10
BEN:
1.74
APAM:
6.01
BEN:
1.30
APAM:
$1.24B
BEN:
$9.03B
APAM:
$730.62M
BEN:
$6.66B
APAM:
$499.32M
BEN:
$1.77B
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Return for Risk
APAM vs. BEN — Risk / Return Rank
APAM
BEN
APAM vs. BEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Artisan Partners Asset Management Inc. (APAM) and Franklin Resources, Inc. (BEN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| APAM | BEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.90 | ||
| Sortino ratioReturn per unit of downside risk | -2.35 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.31 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.04 | 2.62 | -2.66 |
| Martin ratioReturn relative to average drawdown | -0.08 | 6.60 | -6.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| APAM | BEN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 1.87 | -1.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.05 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.10 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.46 | -0.20 |
Drawdowns
APAM vs. BEN - Drawdown Comparison
The maximum APAM drawdown since its inception was -59.70%, smaller than the maximum BEN drawdown of -72.80%. Use the drawdown chart below to compare losses from any high point for APAM and BEN.
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Drawdown Indicators
| APAM | BEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.70% | -72.80% | +13.10% |
Max Drawdown (1Y)Largest decline over 1 year | -21.92% | -19.21% | -2.71% |
Max Drawdown (3Y)Largest decline over 3 years | -28.91% | -40.01% | +11.10% |
Max Drawdown (5Y)Largest decline over 5 years | -45.68% | -47.43% | +1.75% |
Max Drawdown (10Y)Largest decline over 10 years | -51.07% | -62.10% | +11.03% |
Current DrawdownCurrent decline from peak | -17.01% | -12.89% | -4.12% |
Average DrawdownAverage peak-to-trough decline | -23.70% | -22.88% | -0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.68% | 7.62% | +3.06% |
Volatility
APAM vs. BEN - Volatility Comparison
The current volatility for Artisan Partners Asset Management Inc. (APAM) is 5.56%, while Franklin Resources, Inc. (BEN) has a volatility of 7.73%. This indicates that APAM experiences smaller price fluctuations and is considered to be less risky than BEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APAM | BEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | 7.73% | -2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 17.79% | 20.88% | -3.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.98% | 26.99% | -3.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.02% | 32.04% | -1.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.39% | 32.91% | +0.48% |
Dividends
APAM vs. BEN - Dividend Comparison
APAM's dividend yield for the trailing twelve months is around 10.84%, more than BEN's 4.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APAM Artisan Partners Asset Management Inc. | 10.84% | 8.91% | 7.34% | 6.02% | 12.36% | 8.88% | 6.73% | 10.49% | 14.43% | 6.99% | 9.41% | 9.29% |
BEN Franklin Resources, Inc. | 4.28% | 5.40% | 7.69% | 3.02% | 4.44% | 3.37% | 4.36% | 4.04% | 13.32% | 1.92% | 1.87% | 1.71% |
Financials
APAM vs. BEN - Financials Comparison
This section allows you to compare key financial metrics between Artisan Partners Asset Management Inc. and Franklin Resources, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
APAM vs. BEN - Profitability Comparison
APAM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Artisan Partners Asset Management Inc. reported a gross profit of 127.00M and revenue of 303.00M. Therefore, the gross margin over that period was 41.9%.
BEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Franklin Resources, Inc. reported a gross profit of 1.21B and revenue of 2.29B. Therefore, the gross margin over that period was 52.8%.
APAM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Artisan Partners Asset Management Inc. reported an operating income of 94.20M and revenue of 303.00M, resulting in an operating margin of 31.1%.
BEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Franklin Resources, Inc. reported an operating income of 323.30M and revenue of 2.29B, resulting in an operating margin of 14.1%.
APAM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Artisan Partners Asset Management Inc. reported a net income of 58.00M and revenue of 303.00M, resulting in a net margin of 19.1%.
BEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Franklin Resources, Inc. reported a net income of 346.60M and revenue of 2.29B, resulting in a net margin of 15.1%.
Frequently Asked Questions
APAM and BEN have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BEN has higher volatility (7.73%) compared to APAM (5.56%). In terms of maximum drawdown, APAM dropped -59.70% vs BEN's -72.80%.
BEN currently has the higher Sharpe Ratio (1.87 vs -0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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