HLT vs RETO: Correlation
How closely do Hilton Worldwide (HLT) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HLT and RETO?
Over the past 3 years, HLT and RETO moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.04 versus -0.20 over 3 years. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -1684.0 %².
Among the 40 assets we track against HLT, RETO ranks #33 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HLT outperformed by 114.4 percentage points (+18.1% for HLT against -96.3% for RETO). Risk is not evenly split, since RETO carries 19.3 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.
HLT vs RETO: side by side
| HLT (Hilton Worldwide) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +18.1% | -96.3% |
| 5-year return | +162.7% | -100.0% |
| Volatility (ann.) | 20.7% | 399.9% |
| Beta vs S&P 500 | 0.85 | -2.83 |
| Max drawdown (3Y) | -26.4% | -99.5% |
| Market cap | $73.3B | – |
| P/E (trailing) | 47.8 | – |
| Dividend yield | 0.18% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | HLT | RETO |
|---|---|---|
| 2022 | -18.7% | -75.9% |
| 2023 | +44.7% | -99.1% |
| 2024 | +36.1% | -74.9% |
| 2025 | +16.5% | -57.1% |
| 2026 | +13.5% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HLT and RETO good diversifiers for each other?
Yes. With a correlation of -0.20, HLT and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HLT and RETO?
The HLT/RETO correlation stands at -0.20 on a 3-year window (1 year: -0.04, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for HLT?
Yes. With a correlation of -0.20, HLT and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 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/hlt-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hlt-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HLT correlations · RETO correlations
