CHT vs RQI: Correlation
Chunghwa Telecom Co., Ltd. (CHT) and Cohen & Steers Quality Income Realty Fund Inc (RQI) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHT and RQI?
Over the past 3 years, CHT and RQI moved with a correlation of 0.39, which is moderate. Recent behaviour matches the longer record: 0.41 over 1 year against 0.39 over 3. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 101.1 %².
Few assets follow CHT as closely as RQI, which ranks #3 of 11 tracked partners. On 12-month performance RQI holds a 7.0-point edge, +1.6% against +8.6%. Note the risk asymmetry: RQI runs 1.8 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.
CHT vs RQI: side by side
| CHT (Chunghwa Telecom Co., Ltd.) | RQI (Cohen & Steers Quality Income Realty Fund Inc) | |
|---|---|---|
| 1-year return | +1.6% | +8.6% |
| 5-year return | +29.5% | +16.3% |
| Volatility (ann.) | 11.9% | 21.6% |
| Beta vs S&P 500 | 0.20 | 0.77 |
| Max drawdown (3Y) | -11.0% | -21.0% |
| Market cap | $33.3B | $1.7B |
| P/E (trailing) | 26.9 | 35.2 |
| Dividend yield | 12.12% | 7.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHT | RQI |
|---|---|---|
| 2022 | -10.0% | -31.1% |
| 2023 | +11.1% | +15.7% |
| 2024 | +0.2% | +8.0% |
| 2025 | +14.9% | +2.1% |
| 2026 | +7.1% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHT and RQI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CHT and RQI?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.41 over the last year and 0.39 over 5 years.
Is RQI a good diversifier for CHT?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cht-vs-rqi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cht-vs-rqi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHT correlations · RQI correlations
