FITB vs RETO: Correlation
How closely do Fifth Third Bancorp (FITB) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FITB and RETO?
Over the past 3 years, FITB and RETO moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.02 versus -0.15 over 3 years. Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -1790.8 %².
Among the 45 assets we track against FITB, RETO ranks #37 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FITB ahead by 120.9 points (+24.6% versus -96.3%). Risk is not evenly split, since RETO carries 13.6 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.
FITB vs RETO: side by side
| FITB (Fifth Third Bancorp) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +24.6% | -96.3% |
| 5-year return | +71.2% | -100.0% |
| Volatility (ann.) | 29.4% | 399.9% |
| Beta vs S&P 500 | 1.03 | -2.83 |
| Max drawdown (3Y) | -29.9% | -99.5% |
| Market cap | $49.7B | – |
| P/E (trailing) | 18.5 | – |
| Dividend yield | 2.90% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FITB | RETO |
|---|---|---|
| 2022 | -21.9% | -75.9% |
| 2023 | +10.4% | -99.1% |
| 2024 | +27.2% | -74.9% |
| 2025 | +14.8% | -57.1% |
| 2026 | +19.1% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FITB and RETO good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between FITB and RETO?
As of 2026-08-27, the correlation of weekly returns between FITB and RETO is -0.15 over 3 years, 0.02 over 1 year and -0.08 over 5 years.
Is RETO a good diversifier for FITB?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 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/fitb-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fitb-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FITB correlations · RETO correlations
