CFG vs RETO: Correlation
Citizens Financial Group (CFG) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) show a negative relationship: their 3-year correlation of weekly returns is -0.17.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CFG and RETO?
Over the past 3 years, CFG and RETO moved with a correlation of -0.17, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.09 over 1 year against -0.17 over 3. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -2134.2 %².
By 3-year correlation, RETO places #40 of the 46 assets tracked against CFG. Correlation aside, the last 12 months split them widely, with CFG ahead by 135.6 points (+39.3% versus -96.3%). Risk is not evenly split, since RETO carries 12.9 times the volatility of the other side.
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.
CFG vs RETO: side by side
| CFG (Citizens Financial Group) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +39.3% | -96.3% |
| 5-year return | +98.3% | -100.0% |
| Volatility (ann.) | 31.0% | 399.9% |
| Beta vs S&P 500 | 1.16 | -2.83 |
| Max drawdown (3Y) | -29.1% | -99.5% |
| Market cap | $29.6B | – |
| P/E (trailing) | 15.4 | – |
| Dividend yield | 2.55% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | CFG | RETO |
|---|---|---|
| 2022 | -13.4% | -75.9% |
| 2023 | -11.0% | -99.1% |
| 2024 | +38.0% | -74.9% |
| 2025 | +38.6% | -57.1% |
| 2026 | +22.7% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CFG and RETO good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CFG and RETO?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.09 over the last year and -0.09 over 5 years.
Is RETO a good diversifier for CFG?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/cfg-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cfg-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CFG correlations · RETO correlations
