MSAI vs. BENF

Last updated Jun 3, 2026

MSAI (Infrared Cameras Holdings Inc) and BENF (Beneficient Class A Common Stock) are both stocks. MSAI operates in Building Products & Equipment (Industrials), while BENF operates in Asset Management (Financial Services). Over the past year, MSAI returned -83.24% vs 35.68% for BENF. At a 0.03 correlation, their price movements are largely independent.

Performance

MSAI vs. BENF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Infrared Cameras Holdings Inc (MSAI) and Beneficient Class A Common Stock (BENF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSAI achieves a -52.69% return, which is significantly lower than BENF's -45.80% return.

MSAI

• 1D: -0.73%
• 1M: -15.77%
• YTD: -52.69%
• 6M: -76.10%
• 1Y: -83.24%
• 3Y*: -76.52%
• 5Y*: —
• 10Y*: —

BENF

• 1D: 0.53%
• 1M: 9.80%
• YTD: -45.80%
• 6M: -17.82%
• 1Y: 35.68%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSAI vs. BENF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MSAI Infrared Cameras Holdings Inc	-52.69%	-84.35%	-45.07%	-68.22%
BENF Beneficient Class A Common Stock	-45.80%	18.03%	-98.09%	-94.66%

Correlation

The correlation between MSAI and BENF is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (All Time) Calculated using the full available price history since Jun 8, 2023	0.03

Fundamentals

EPS MSAI : -$8.39 BENF : -$63.52
Total Revenue (TTM) MSAI : $6.00M BENF : -$14.86M
Gross Profit (TTM) MSAI : $409.00K BENF : -$22.07M
EBITDA (TTM) MSAI : -$6.60M BENF : -$76.83M

Return for Risk

MSAI vs. BENF — Risk / Return Rank

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

MSAI

MSAI Risk / Return Rank: 14
MSAI Sharpe Ratio Rank: 18
MSAI Sortino Ratio Rank: 17
MSAI Omega Ratio Rank: 17
MSAI Calmar Ratio Rank: 7
MSAI Martin Ratio Rank: 11

BENF

BENF Risk / Return Rank: 60
BENF Sharpe Ratio Rank: 44
BENF Sortino Ratio Rank: 87
BENF Omega Ratio Rank: 84
BENF Calmar Ratio Rank: 42
BENF Martin Ratio Rank: 41

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.

MSAI vs. BENF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Infrared Cameras Holdings Inc (MSAI) and Beneficient Class A Common Stock (BENF). 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.

	MSAI	BENF	Difference
Sharpe ratio Return per unit of total volatility	-0.51	0.12	-0.63
Sortino ratio Return per unit of downside risk	-0.62	2.97	-3.58
Omega ratio Gain probability vs. loss probability	0.92	1.36	-0.44
Calmar ratio Return relative to maximum drawdown	-0.88	0.10	-0.98
Martin ratio Return relative to average drawdown	-1.28	0.14	-1.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSAI vs. BENF - Sharpe Ratio Comparison

The current MSAI Sharpe Ratio is -0.51, which is lower than the BENF Sharpe Ratio of 0.12. The chart below compares the historical Sharpe Ratios of MSAI and BENF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MSAI	BENF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.51	0.12	-0.63
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	-0.35	-0.19

Drawdowns

MSAI vs. BENF - Drawdown Comparison

The maximum MSAI drawdown since its inception was -98.99%, roughly equal to the maximum BENF drawdown of -99.97%. Use the drawdown chart below to compare losses from any high point for MSAI and BENF.

Drawdown Indicators

	MSAI	BENF	Difference
Max Drawdown Largest peak-to-trough decline	-98.99%	-99.97%	+0.98%
Max Drawdown (1Y) Largest decline over 1 year	-93.16%	-74.24%	-18.92%
Max Drawdown (3Y) Largest decline over 3 years	-98.88%	—	—
Current Drawdown Current decline from peak	-98.99%	-99.93%	+0.94%
Average Drawdown Average peak-to-trough decline	-52.16%	-95.57%	+43.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	63.85%	51.69%	+12.16%

Volatility

MSAI vs. BENF - Volatility Comparison

Infrared Cameras Holdings Inc (MSAI) has a higher volatility of 20.30% compared to Beneficient Class A Common Stock (BENF) at 17.62%. This indicates that MSAI's price experiences larger fluctuations and is considered to be riskier than BENF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSAI	BENF	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.30%	17.62%	+2.68%
Volatility (6M) Calculated over the trailing 6-month period	86.18%	103.95%	-17.77%
Volatility (1Y) Calculated over the trailing 1-year period	164.92%	299.32%	-134.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	114.63%	265.52%	-150.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	114.63%	265.52%	-150.89%

Dividends

MSAI vs. BENF - Dividend Comparison

Neither MSAI nor BENF has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MSAI and BENF in my portfolio?

MSAI and BENF have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSAI or BENF?

MSAI has higher volatility (20.30%) compared to BENF (17.62%). In terms of maximum drawdown, MSAI dropped -98.99% vs BENF's -99.97%.

Which has better risk-adjusted returns?

BENF currently has the higher Sharpe Ratio (0.12 vs -0.51), 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.