TROW vs. BEN
TROW (T. Rowe Price Group, 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, TROW returned 8.92%/yr vs 4.72%/yr for BEN. Their 0.61 correlation means they have sometimes moved together and sometimes differently.
Performance
TROW vs. BEN - Performance Comparison
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Returns By Period
In the year-to-date period, TROW achieves a 12.11% return, which is significantly lower than BEN's 45.25% return. Over the past 10 years, TROW has outperformed BEN with an annualized return of 8.92%, while BEN has yielded a comparatively lower 4.72% annualized return.
TROW
- 1D
- -6.31%
- 1M
- -5.74%
- 6M
- 8.61%
- YTD
- 12.11%
- 1Y
- 14.10%
- 3Y*
- 2.18%
- 5Y*
- -7.39%
- 10Y*
- 8.92%
- ALL TIME*
- 14.86%
BEN
- 1D
- 2.08%
- 1M
- -0.73%
- 6M
- 30.35%
- YTD
- 45.25%
- 1Y
- 48.91%
- 3Y*
- 11.39%
- 5Y*
- 7.98%
- 10Y*
- 4.72%
- ALL TIME*
- 17.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $167.01M | $158.14M | $147.26M | |
| $246.52M | $243.50M | $234.76M |
TROW vs. BEN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TROW T. Rowe Price Group, Inc. | 12.11% | -4.67% | 9.68% | 3.35% | -42.24% | 34.91% | 28.11% | 35.61% | -9.75% | 43.38% |
BEN Franklin Resources, Inc. | 45.25% | 24.76% | -27.21% | 16.96% | -17.52% | 38.88% | 1.46% | -9.29% | -23.34% | 11.58% |
Correlation
The correlation between TROW and BEN is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.64 |
Correlation (3Y) Balances recent behavior with more history. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.74 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 1989 | 0.61 |
The correlation between TROW and BEN shifts across timeframes, from 0.61 (all time) to 0.74 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TROW:
$23.94B
BEN:
$17.59B
TROW:
$10.09
BEN:
$1.72
TROW:
11.08
BEN:
19.64
TROW:
3.24
BEN:
1.88
TROW:
2.18
BEN:
1.49
TROW:
$7.59B
BEN:
$9.32B
TROW:
$5.37B
BEN:
$6.31B
TROW:
$3.10B
BEN:
$1.69B
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Return for Risk
TROW vs. BEN — Risk / Return Rank
TROW
BEN
TROW vs. BEN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Group, Inc. (TROW) 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.
| TROW | BEN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.29 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 2.54 | -1.73 |
| Martin ratioReturn relative to average drawdown | 1.98 | 6.33 | -4.35 |
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Drawdowns
TROW vs. BEN - Drawdown Comparison
The maximum TROW drawdown since its inception was -67.43%, smaller than the maximum BEN drawdown of -72.80%. Use the drawdown chart below to compare losses from any high point for TROW and BEN.
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Drawdown Indicators
| TROW | BEN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.43% | -72.80% | +5.37% |
Max Drawdown (1Y)Largest decline over 1 year | -19.76% | -19.21% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -34.05% | -40.01% | +5.96% |
Max Drawdown (5Y)Largest decline over 5 years | -58.16% | -47.43% | -10.73% |
Max Drawdown (10Y)Largest decline over 10 years | -58.16% | -62.10% | +3.94% |
Current DrawdownCurrent decline from peak | -37.87% | -1.90% | -35.97% |
Average DrawdownAverage peak-to-trough decline | -16.75% | -22.81% | +6.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.05% | 7.70% | +0.35% |
Volatility
TROW vs. BEN - Volatility Comparison
T. Rowe Price Group, Inc. (TROW) has a higher volatility of 10.37% compared to Franklin Resources, Inc. (BEN) at 7.07%. This indicates that TROW'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
| TROW | BEN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.37% | 7.07% | +3.30% |
Volatility (6M)Calculated over the trailing 6-month period | 19.06% | 22.02% | -2.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.42% | 28.07% | -2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.67% | 31.94% | -1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.07% | 32.84% | -2.77% |
Dividends
TROW vs. BEN - Dividend Comparison
TROW's dividend yield for the trailing twelve months is around 4.60%, more than BEN's 3.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BEN Franklin Resources, Inc. | 3.87% | 5.40% | 7.69% | 3.02% | 4.44% | 3.37% | 4.36% | 4.04% | 13.32% | 1.92% | 1.87% | 1.71% |
TROW T. Rowe Price Group, Inc. | 4.60% | 4.96% | 4.39% | 4.53% | 4.40% | 3.72% | 2.38% | 2.50% | 3.03% | 2.17% | 2.87% | 5.71% |
Financials
TROW vs. BEN - Financials Comparison
This section allows you to compare key financial metrics between T. Rowe Price Group, 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
TROW vs. BEN - Profitability Comparison
TROW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, T. Rowe Price Group, Inc. reported a gross profit of 1.08B and revenue of 1.91B. Therefore, the gross margin over that period was 56.8%.
BEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Franklin Resources, Inc. reported a gross profit of 1.28B and revenue of 2.36B. Therefore, the gross margin over that period was 54.2%.
TROW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, T. Rowe Price Group, Inc. reported an operating income of 540.50M and revenue of 1.91B, resulting in an operating margin of 28.3%.
BEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Franklin Resources, Inc. reported an operating income of 215.80M and revenue of 2.36B, resulting in an operating margin of 9.2%.
TROW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, T. Rowe Price Group, Inc. reported a net income of 632.00M and revenue of 1.91B, resulting in a net margin of 33.1%.
BEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Franklin Resources, Inc. reported a net income of 171.50M and revenue of 2.36B, resulting in a net margin of 7.3%.
Frequently Asked Questions
TROW 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.
TROW has higher volatility (10.37%) compared to BEN (7.07%). In terms of maximum drawdown, TROW dropped -67.43% vs BEN's -72.80%.
BEN currently has the higher Sharpe Ratio (1.74 vs 0.63), 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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