BA vs RETO: Correlation
Measured on weekly returns over the past three years, Boeing (BA) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) carry a correlation of -0.14, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BA and RETO?
Across a 3-year window, the weekly returns of BA and RETO correlate at -0.14, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.13) runs above the 3-year figure (-0.14). Stretching to 5 years gives -0.09, with an annualized covariance of -2099.8 %².
By 3-year correlation, RETO places #28 of the 37 assets tracked against BA. Correlation aside, the last 12 months split them widely, with BA ahead by 85.4 points (-10.9% versus -96.3%). One caveat on sizing: RETO is 11.0 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.
BA vs RETO: side by side
| BA (Boeing) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | -10.9% | -96.3% |
| 5-year return | -3.6% | -100.0% |
| Volatility (ann.) | 36.4% | 399.9% |
| Beta vs S&P 500 | 1.43 | -2.83 |
| Max drawdown (3Y) | -48.3% | -99.5% |
| Market cap | $165.9B | – |
| P/E (trailing) | 76.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | BA | RETO |
|---|---|---|
| 2022 | -5.4% | -75.9% |
| 2023 | +36.8% | -99.1% |
| 2024 | -32.1% | -74.9% |
| 2025 | +22.7% | -57.1% |
| 2026 | -3.3% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BA and RETO good diversifiers for each other?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
FAQ
What is the correlation between BA and RETO?
Using weekly returns as of 2026-08-27: -0.14 over 3 years, with 0.13 over the last year and -0.09 over 5 years.
Is RETO a good diversifier for BA?
By historical standards, yes. A correlation of -0.14 means the two rarely move for the same reasons.
What does a correlation of -0.14 mean?
On the −1 to +1 scale, -0.14 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/ba-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ba-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BA correlations · RETO correlations
