BTOG vs RETO: Correlation
Measured on weekly returns over the past three years, Bit Origin Limited - Class A (BTOG) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTOG and RETO?
Over the past 3 years, BTOG and RETO moved with a correlation of 0.59, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.11 versus 0.59 over 3 years. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 54132.8 %².
In BTOG's tracked universe of 12 assets, RETO sits right near the top at #2. Twelve-month performance is nearly a tie, at -97.2% for BTOG and -96.3% for RETO. One caveat on sizing: RETO is 1.7 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.
BTOG vs RETO: side by side
| BTOG (Bit Origin Limited - Class A) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | -97.2% | -96.3% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 229.6% | 399.9% |
| Beta vs S&P 500 | 1.61 | -2.83 |
| Max drawdown (3Y) | -99.9% | -99.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BTOG | RETO |
|---|---|---|
| 2022 | -87.2% | -75.9% |
| 2023 | -21.4% | -99.1% |
| 2024 | -76.4% | -74.9% |
| 2025 | -82.4% | -57.1% |
| 2026 | -93.1% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTOG and RETO good diversifiers for each other?
Only partially. A correlation of 0.59 means BTOG and RETO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BTOG and RETO?
The BTOG/RETO correlation stands at 0.59 on a 3-year window (1 year: 0.11, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for BTOG?
Only partially. A correlation of 0.59 means BTOG and RETO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 mean?
A reading of 0.59 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/btog-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/btog-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BTOG correlations · RETO correlations
