AMP vs RETO: Correlation
How closely do Ameriprise Financial (AMP) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) trade together? Their weekly returns over three years give a correlation of -0.16, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMP and RETO?
Over the past 3 years, AMP and RETO moved with a correlation of -0.16, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.02) runs above the 3-year figure (-0.16). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -1593.1 %².
By 3-year correlation, RETO places #26 of the 34 assets tracked against AMP. Correlation aside, the last 12 months split them widely, with AMP ahead by 105.0 points (+8.7% versus -96.3%). Note the risk asymmetry: RETO runs 16.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
AMP vs RETO: side by side
| AMP (Ameriprise Financial) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +8.7% | -96.3% |
| 5-year return | +119.2% | -100.0% |
| Volatility (ann.) | 25.0% | 399.9% |
| Beta vs S&P 500 | 1.09 | -2.83 |
| Max drawdown (3Y) | -26.4% | -99.5% |
| Market cap | $49.1B | – |
| P/E (trailing) | 13.5 | – |
| Dividend yield | 1.16% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AMP | RETO |
|---|---|---|
| 2022 | +5.0% | -75.9% |
| 2023 | +24.0% | -99.1% |
| 2024 | +42.1% | -74.9% |
| 2025 | -6.7% | -57.1% |
| 2026 | +14.5% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMP and RETO good diversifiers for each other?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AMP and RETO?
The AMP/RETO correlation stands at -0.16 on a 3-year window (1 year: -0.02, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for AMP?
Yes: at -0.16, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.16 mean?
A reading of -0.16 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amp-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amp-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AMP correlations · RETO correlations
