BLK vs. BEN
BLK (BlackRock, 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, BLK returned 13.89%/yr vs 4.28%/yr for BEN. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
BLK vs. BEN - Performance Comparison
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Returns By Period
In the year-to-date period, BLK achieves a -6.02% return, which is significantly lower than BEN's 33.31% return. Over the past 10 years, BLK has outperformed BEN with an annualized return of 13.89%, while BEN has yielded a comparatively lower 4.28% annualized return.
BLK
- 1D
- -0.08%
- 1M
- -7.79%
- YTD
- -6.02%
- 6M
- -5.28%
- 1Y
- 2.69%
- 3Y*
- 15.91%
- 5Y*
- 5.20%
- 10Y*
- 13.89%
BEN
- 1D
- 0.19%
- 1M
- 1.10%
- YTD
- 33.31%
- 6M
- 39.64%
- 1Y
- 51.74%
- 3Y*
- 11.88%
- 5Y*
- 2.91%
- 10Y*
- 4.28%
BLK vs. BEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BLK BlackRock, Inc. | -6.02% | 6.55% | 29.29% | 17.86% | -20.40% | 29.39% | 47.21% | 31.87% | -21.59% | 38.20% |
BEN Franklin Resources, Inc. | 33.31% | 24.76% | -27.21% | 16.96% | -17.52% | 38.88% | 1.46% | -9.29% | -23.34% | 11.58% |
Correlation
The correlation between BLK and BEN is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 1999 | 0.59 |
The correlation between BLK and BEN has been stable across timeframes, ranging from 0.59 to 0.69 - a consistent structural relationship.
Fundamentals
BLK:
$164.14B
BEN:
$16.27B
BLK:
$38.89
BEN:
$1.57
BLK:
25.58
BEN:
19.99
BLK:
6.22
BEN:
1.80
BLK:
2.90
BEN:
1.34
BLK:
$25.71B
BEN:
$9.03B
BLK:
$15.21B
BEN:
$6.66B
BLK:
$9.79B
BEN:
$1.77B
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Return for Risk
BLK vs. BEN — Risk / Return Rank
BLK
BEN
BLK vs. BEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock, Inc. (BLK) 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.
| BLK | BEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.79 | ||
| Sortino ratioReturn per unit of downside risk | -2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.32 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 2.71 | -2.59 |
| Martin ratioReturn relative to average drawdown | 0.27 | 6.80 | -6.53 |
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
| BLK | BEN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 1.89 | -1.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.09 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.13 | +0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.47 | +0.12 |
Drawdowns
BLK vs. BEN - Drawdown Comparison
The maximum BLK drawdown since its inception was -60.36%, smaller than the maximum BEN drawdown of -72.80%. Use the drawdown chart below to compare losses from any high point for BLK and BEN.
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Drawdown Indicators
| BLK | BEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.36% | -72.80% | +12.44% |
Max Drawdown (1Y)Largest decline over 1 year | -22.45% | -19.21% | -3.24% |
Max Drawdown (3Y)Largest decline over 3 years | -23.74% | -40.01% | +16.27% |
Max Drawdown (5Y)Largest decline over 5 years | -43.90% | -47.43% | +3.53% |
Max Drawdown (10Y)Largest decline over 10 years | -43.90% | -62.10% | +18.20% |
Current DrawdownCurrent decline from peak | -15.94% | -9.96% | -5.98% |
Average DrawdownAverage peak-to-trough decline | -11.93% | -22.88% | +10.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.90% | 7.63% | +2.27% |
Volatility
BLK vs. BEN - Volatility Comparison
BlackRock, Inc. (BLK) and Franklin Resources, Inc. (BEN) have volatilities of 8.39% and 8.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BLK | BEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.39% | 8.66% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 20.52% | 21.42% | -0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.84% | 27.56% | -1.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.77% | 32.13% | -5.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.77% | 32.96% | -5.19% |
Dividends
BLK vs. BEN - Dividend Comparison
BLK's dividend yield for the trailing twelve months is around 2.20%, less than BEN's 4.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEN Franklin Resources, Inc. | 4.14% | 5.40% | 7.69% | 3.02% | 4.44% | 3.37% | 4.36% | 4.04% | 13.32% | 1.92% | 1.87% | 1.71% |
BLK BlackRock, Inc. | 2.20% | 1.95% | 1.99% | 2.46% | 2.75% | 1.80% | 2.01% | 2.63% | 3.08% | 1.95% | 2.41% | 2.56% |
Financials
BLK vs. BEN - Financials Comparison
This section allows you to compare key financial metrics between BlackRock, 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
BLK vs. BEN - Profitability Comparison
BLK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BlackRock, Inc. reported a gross profit of 5.51B and revenue of 6.77B. Therefore, the gross margin over that period was 81.4%.
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%.
BLK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BlackRock, Inc. reported an operating income of 2.33B and revenue of 6.77B, resulting in an operating margin of 34.5%.
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%.
BLK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BlackRock, Inc. reported a net income of 2.21B and revenue of 6.77B, resulting in a net margin of 32.7%.
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
BLK and BEN have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BEN has higher volatility (8.66%) compared to BLK (8.39%). In terms of maximum drawdown, BLK dropped -60.36% vs BEN's -72.80%.
BEN currently has the higher Sharpe Ratio (1.89 vs 0.10), 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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