AXP vs RETO: Correlation
Measured on weekly returns over the past three years, American Express (AXP) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AXP and RETO?
Over the past 3 years, AXP and RETO moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.04) than the 3-year average (-0.22). Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -2295.2 %².
RETO is close to the least connected end of AXP's tracked universe, ranking #32 of 35. Correlation aside, the last 12 months split them widely, with AXP ahead by 101.0 points (+4.7% versus -96.3%). One caveat on sizing: RETO is 15.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AXP vs RETO: side by side
| AXP (American Express) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +4.7% | -96.3% |
| 5-year return | +116.2% | -100.0% |
| Volatility (ann.) | 26.6% | 399.9% |
| Beta vs S&P 500 | 1.20 | -2.83 |
| Max drawdown (3Y) | -28.8% | -99.5% |
| Market cap | $225.7B | – |
| P/E (trailing) | 20.4 | – |
| Dividend yield | 1.05% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | AXP | RETO |
|---|---|---|
| 2022 | -8.5% | -75.9% |
| 2023 | +28.7% | -99.1% |
| 2024 | +60.3% | -74.9% |
| 2025 | +26.0% | -57.1% |
| 2026 | -8.9% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AXP and RETO good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between AXP and RETO?
The AXP/RETO correlation stands at -0.22 on a 3-year window (1 year: -0.04, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for AXP?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/axp-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/axp-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AXP correlations · RETO correlations
