BEN Is Down 11%. What History Says About This Drawdown

Franklin Resources Just Hit an 11% Drawdown. Here is What History Says.

Franklin Resources, Inc. (BEN) has officially entered a new risk phase as of May 16, 2026, with its current drawdown reaching 11.2%. Our data shows the stock has moved from the green zone into the yellow zone, signaling a shift in price behavior relative to its historical norms. This current decline has now persisted for 4,125 days, marking an exceptionally long period where the stock has remained below its all-time high of $35.86.

Understanding the Drawdown Severity Score™

The Drawdown Severity Score™ for Franklin Resources (BEN) currently stands at 2.1. This specific value places the stock in the "Moderately Elevated" or yellow zone category. While a score in the green zone typically represents standard market noise or minor pullbacks, a 2.1 Drawdown Severity Score™ indicates that the current price action is beginning to deviate from the stock's typical volatility profile.

To put this in perspective, we have tracked 169 total drawdown events for this asset. The average maximum drawdown for Franklin Resources (BEN) is historically 6.3%. With the current drawdown sitting at 11.2%, the stock is now down nearly double its historical average. This suggests that the current move is more significant than the majority of pullbacks the stock has experienced in its trading history.

Historical Context and Duration Analysis

The duration of the current drawdown is one of its most defining characteristics. At 4,125 days, the current span far exceeds the historical average drawdown duration of 60 days. When we look at the broader history of Franklin Resources (BEN), we find that the stock has dropped 50% or more exactly 3 times. These severe historical events had an average duration of 1,486 days.

It is important to note that the data regarding these 50% declines is based on a small sample size of only 3 events. While the current drawdown of 11.2% has lasted longer than the average duration of those much deeper 50% drops, the severity score of 2.1 reflects the current depth rather than just the passage of time. Our data shows that while the stock has stayed below its peak for over a decade, it has not yet reached the severity levels seen during those three historical 50% retracements.

Data-Driven Perspective on Risk

This analysis relies exclusively on verified price and drawdown history. We focus on the Drawdown Severity Score™ and historical duration markers to provide context for the current move. By looking at how Franklin Resources (BEN) has behaved across 169 distinct drawdown events, we can identify when a move transitions from a standard fluctuation into a more persistent trend.

Our data shows that the current 11.2% decline is a departure from the typical 6.3% average max drawdown. However, because the Drawdown Severity Score™ is currently 2.1, it remains well below the levels associated with the stock's most extreme historical sell-offs. We present this data to provide a framework for understanding current risk levels without making claims about future price direction or external market causes.

Monitoring the Recovery Path

As of May 16, 2026, the path to a full recovery requires the stock to reclaim its all-time high of $35.86. Investors tracking this ticker should monitor the Drawdown Severity Score™ for any further escalation. A move higher in the score would indicate that the drawdown is deepening toward historical extremes, while a decrease would suggest the stock is beginning to stabilize within the yellow zone or return to the green zone.

We will continue to track the duration of this event, which has already established itself as a significant outlier compared to the 60-day historical average. The current 11.2% depth remains the primary figure to watch as the stock navigates this moderately elevated risk environment.