IVZ vs RETO: Correlation
How closely do Invesco (IVZ) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVZ and RETO?
On 3 years of weekly data the IVZ/RETO correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.11) than the 3-year average (-0.17). The 5-year figure is -0.08, and annualized covariance runs at -2158.3 %².
Among the 33 assets we track against IVZ, RETO ranks #27 by 3-year correlation. The last year tells two different stories: IVZ led by 152.2 percentage points, +55.9% for IVZ against -96.3% for RETO. Risk is not evenly split, since RETO carries 12.3 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.
IVZ vs RETO: side by side
| IVZ (Invesco) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +55.9% | -96.3% |
| 5-year return | +63.7% | -100.0% |
| Volatility (ann.) | 32.6% | 399.9% |
| Beta vs S&P 500 | 1.29 | -2.83 |
| Max drawdown (3Y) | -36.5% | -99.5% |
| Market cap | $14.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.58% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | IVZ | RETO |
|---|---|---|
| 2022 | -18.7% | -75.9% |
| 2023 | +4.2% | -99.1% |
| 2024 | +3.0% | -74.9% |
| 2025 | +56.9% | -57.1% |
| 2026 | +29.7% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IVZ and RETO good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between IVZ and RETO?
As of 2026-08-27, the correlation of weekly returns between IVZ and RETO is -0.17 over 3 years, 0.11 over 1 year and -0.08 over 5 years.
Is RETO a good diversifier for IVZ?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 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/ivz-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ivz-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IVZ correlations · RETO correlations
