ARVN vs. BEN

Last updated Jun 23, 2026

ARVN (Arvinas, Inc.) and BEN (Franklin Resources, Inc.) are both stocks. ARVN operates in Biotechnology (Healthcare), while BEN operates in Asset Management (Financial Services). Over the past 5 years, ARVN returned -36.67%/yr vs 6.22%/yr for BEN. At a 0.30 correlation, their price movements are largely independent.

Performance

ARVN vs. BEN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Arvinas, Inc. (ARVN) and Franklin Resources, Inc. (BEN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARVN achieves a -34.74% return, which is significantly lower than BEN's 44.10% return.

ARVN

• 1D: 0.91%
• 1M: -14.85%
• YTD: -34.74%
• 6M: -37.18%
• 1Y: 4.03%
• 3Y*: -32.77%
• 5Y*: -36.67%
• 10Y*: —

BEN

• 1D: 2.66%
• 1M: 9.38%
• YTD: 44.10%
• 6M: 41.92%
• 1Y: 57.40%
• 3Y*: 16.07%
• 5Y*: 6.22%
• 10Y*: 5.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARVN vs. BEN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ARVN Arvinas, Inc.	-34.74%	-38.13%	-53.43%	20.32%	-58.35%	-3.29%	106.69%	219.77%	-38.81%
BEN Franklin Resources, Inc.	44.10%	24.76%	-27.21%	16.96%	-17.52%	38.88%	1.46%	-9.29%	-3.90%

Correlation

The correlation between ARVN and BEN is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Sep 27, 2018	0.30

The correlation between ARVN and BEN shifts across timeframes, from 0.19 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ARVN : $495.36M BEN : $17.59B
EPS ARVN : -$3.22 BEN : $1.57
PS Ratio ARVN : 5.95 BEN : 1.94
PB Ratio ARVN : 1.28 BEN : 1.45
Total Revenue (TTM) ARVN : $89.40M BEN : $9.03B
Gross Profit (TTM) ARVN : $72.60M BEN : $6.66B
EBITDA (TTM) ARVN : -$233.90M BEN : $1.77B

Return for Risk

ARVN vs. BEN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARVN

ARVN Risk / Return Rank: 44
ARVN Sharpe Ratio Rank: 45
ARVN Sortino Ratio Rank: 44
ARVN Omega Ratio Rank: 43
ARVN Calmar Ratio Rank: 44
ARVN Martin Ratio Rank: 45

BEN

BEN Risk / Return Rank: 86
BEN Sharpe Ratio Rank: 90
BEN Sortino Ratio Rank: 86
BEN Omega Ratio Rank: 85
BEN Calmar Ratio Rank: 83
BEN Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARVN vs. BEN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Arvinas, Inc. (ARVN) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ARVN	BEN	Difference
Sharpe ratio: Return per unit of total volatility	0.07	2.10	-2.03
Sortino ratio: Return per unit of downside risk	0.51	2.73	-2.22
Omega ratio: Gain probability vs. loss probability	1.06	1.34	-0.28
Calmar ratio: Return relative to maximum drawdown	0.08	3.00	-2.92
Martin ratio: Return relative to average drawdown	0.23	7.54	-7.32

ARVN vs. BEN - Sharpe Ratio Comparison

The current ARVN Sharpe Ratio is 0.07, which is lower than the BEN Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of ARVN and BEN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARVN vs. BEN - Drawdown Comparison

The maximum ARVN drawdown since its inception was -94.37%, which is greater than BEN's maximum drawdown of -72.80%. Use the drawdown chart below to compare losses from any high point for ARVN and BEN.

Drawdown Indicators

	ARVN	BEN	Difference
Max Drawdown Largest peak-to-trough decline	-94.37%	-72.80%	-21.57%
Max Drawdown (1Y) Largest decline over 1 year	-49.53%	-19.21%	-30.32%
Max Drawdown (3Y) Largest decline over 3 years	-88.40%	-40.01%	-48.39%
Max Drawdown (5Y) Largest decline over 5 years	-94.37%	-47.43%	-46.94%
Max Drawdown (10Y) Largest decline over 10 years	—	-62.10%	—
Current Drawdown Current decline from peak	-92.82%	-2.68%	-90.14%
Average Drawdown Average peak-to-trough decline	-52.12%	-22.87%	-29.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.70%	7.63%	+10.07%

Volatility

ARVN vs. BEN - Volatility Comparison

Arvinas, Inc. (ARVN) has a higher volatility of 13.86% compared to Franklin Resources, Inc. (BEN) at 8.35%. This indicates that ARVN's price experiences larger fluctuations and is considered to be riskier than BEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARVN	BEN	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.86%	8.35%	+5.51%
Volatility (6M) Calculated over the trailing 6-month period	36.88%	21.76%	+15.12%
Volatility (1Y) Calculated over the trailing 1-year period	56.27%	27.51%	+28.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.85%	32.06%	+36.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.07%	32.98%	+45.09%

Dividends

ARVN vs. BEN - Dividend Comparison

ARVN has not paid dividends to shareholders, while BEN's dividend yield for the trailing twelve months is around 3.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARVN Arvinas, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BEN Franklin Resources, Inc.	3.83%	5.40%	7.69%	3.02%	4.44%	3.37%	4.36%	4.04%	13.32%	1.92%	1.87%	1.71%

Financials

Frequently Asked Questions

Can I hold both ARVN and BEN in my portfolio?

ARVN and BEN have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARVN or BEN?

ARVN has higher volatility (13.86%) compared to BEN (8.35%). In terms of maximum drawdown, ARVN dropped -94.37% vs BEN's -72.80%.

Which has better risk-adjusted returns?

BEN currently has the higher Sharpe Ratio (2.10 vs 0.07), 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.