IVZ vs. BEN
IVZ (Invesco Ltd.) 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, IVZ returned 5.39%/yr vs 5.61%/yr for BEN. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
IVZ vs. BEN - Performance Comparison
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Returns By Period
In the year-to-date period, IVZ achieves a 4.50% return, which is significantly lower than BEN's 43.51% return. Both investments have delivered pretty close results over the past 10 years, with IVZ having a 5.39% annualized return and BEN not far ahead at 5.61%.
IVZ
- 1D
- -6.12%
- 1M
- -0.11%
- YTD
- 4.50%
- 6M
- 1.33%
- 1Y
- 87.32%
- 3Y*
- 25.35%
- 5Y*
- 4.55%
- 10Y*
- 5.39%
BEN
- 1D
- -0.41%
- 1M
- 8.93%
- YTD
- 43.51%
- 6M
- 43.67%
- 1Y
- 56.07%
- 3Y*
- 15.91%
- 5Y*
- 5.85%
- 10Y*
- 5.61%
IVZ vs. BEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IVZ Invesco Ltd. | 4.50% | 56.94% | 3.02% | 6.05% | -18.71% | 35.56% | 3.06% | 14.91% | -52.05% | 24.67% |
BEN Franklin Resources, Inc. | 43.51% | 24.76% | -27.21% | 16.96% | -17.52% | 38.88% | 1.46% | -9.29% | -23.34% | 11.58% |
Correlation
The correlation between IVZ and BEN is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Aug 25, 1995 | 0.59 |
The correlation between IVZ and BEN shifts across timeframes, from 0.59 (all time) to 0.77 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
IVZ:
-$0.62
BEN:
$1.57
IVZ:
1.92
BEN:
1.94
IVZ:
$6.38B
BEN:
$9.03B
IVZ:
$2.75B
BEN:
$6.66B
IVZ:
$1.38B
BEN:
$1.77B
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Return for Risk
IVZ vs. BEN — Risk / Return Rank
IVZ
BEN
IVZ vs. BEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Ltd. (IVZ) 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.
| IVZ | BEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.34 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.98 | 2.93 | +1.05 |
| Martin ratioReturn relative to average drawdown | 10.73 | 7.37 | +3.36 |
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Drawdowns
IVZ vs. BEN - Drawdown Comparison
The maximum IVZ drawdown since its inception was -83.91%, which is greater than BEN's maximum drawdown of -72.80%. Use the drawdown chart below to compare losses from any high point for IVZ and BEN.
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Drawdown Indicators
| IVZ | BEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.91% | -72.80% | -11.11% |
Max Drawdown (1Y)Largest decline over 1 year | -22.03% | -19.21% | -2.82% |
Max Drawdown (3Y)Largest decline over 3 years | -36.52% | -40.01% | +3.49% |
Max Drawdown (5Y)Largest decline over 5 years | -50.21% | -47.43% | -2.78% |
Max Drawdown (10Y)Largest decline over 10 years | -79.72% | -62.10% | -17.62% |
Current DrawdownCurrent decline from peak | -7.47% | -3.08% | -4.39% |
Average DrawdownAverage peak-to-trough decline | -35.95% | -22.86% | -13.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.17% | 7.63% | +0.54% |
Volatility
IVZ vs. BEN - Volatility Comparison
Invesco Ltd. (IVZ) has a higher volatility of 11.44% compared to Franklin Resources, Inc. (BEN) at 8.25%. This indicates that IVZ'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.
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Volatility by Period
| IVZ | BEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.44% | 8.25% | +3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 26.12% | 21.76% | +4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.64% | 27.46% | +8.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.62% | 32.06% | +4.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.22% | 32.89% | +6.33% |
Dividends
IVZ vs. BEN - Dividend Comparison
IVZ's dividend yield for the trailing twelve months is around 3.13%, less than BEN's 3.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEN Franklin Resources, Inc. | 3.85% | 5.40% | 7.69% | 3.02% | 4.44% | 3.37% | 4.36% | 4.04% | 13.32% | 1.92% | 1.87% | 1.71% |
IVZ Invesco Ltd. | 3.13% | 3.18% | 4.66% | 6.15% | 4.07% | 2.89% | 4.45% | 6.84% | 7.11% | 3.15% | 3.66% | 3.17% |
Financials
IVZ vs. BEN - Financials Comparison
This section allows you to compare key financial metrics between Invesco Ltd. 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
IVZ vs. BEN - Profitability Comparison
IVZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Invesco Ltd. reported a gross profit of 1.13B and revenue of 1.69B. Therefore, the gross margin over that period was 67.0%.
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%.
IVZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Invesco Ltd. reported an operating income of -1.46B and revenue of 1.69B, resulting in an operating margin of -86.2%.
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%.
IVZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Invesco Ltd. reported a net income of -1.06B and revenue of 1.69B, resulting in a net margin of -62.7%.
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
IVZ and BEN have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVZ has higher volatility (11.44%) compared to BEN (8.25%). In terms of maximum drawdown, IVZ dropped -83.91% vs BEN's -72.80%.
IVZ currently has the higher Sharpe Ratio (2.46 vs 2.05), 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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