KEY vs RETO: Correlation
KeyCorp (KEY) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) show a negative relationship: their 3-year correlation of weekly returns is -0.14.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KEY and RETO?
Over the past 3 years, KEY and RETO moved with a correlation of -0.14, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.09 lands near the 3-year figure. Over 5 years the correlation is -0.06, and the annualized covariance of weekly returns is -1821.7 %².
Among the 59 assets we track against KEY, RETO ranks #53 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KEY outperformed by 114.7 percentage points (+18.4% for KEY against -96.3% for RETO). Note the risk asymmetry: RETO runs 12.5 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.
KEY vs RETO: side by side
| KEY (KeyCorp) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +18.4% | -96.3% |
| 5-year return | +38.0% | -100.0% |
| Volatility (ann.) | 32.1% | 399.9% |
| Beta vs S&P 500 | 1.25 | -2.83 |
| Max drawdown (3Y) | -32.2% | -99.5% |
| Market cap | $23.5B | – |
| P/E (trailing) | 13.0 | – |
| Dividend yield | 3.71% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | KEY | RETO |
|---|---|---|
| 2022 | -21.7% | -75.9% |
| 2023 | -11.5% | -99.1% |
| 2024 | +25.3% | -74.9% |
| 2025 | +26.2% | -57.1% |
| 2026 | +8.8% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KEY and RETO good diversifiers for each other?
Yes. With a correlation of -0.14, KEY and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KEY and RETO?
The KEY/RETO correlation stands at -0.14 on a 3-year window (1 year: -0.09, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for KEY?
Yes. With a correlation of -0.14, KEY and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.14 mean?
A reading of -0.14 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/key-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/key-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KEY correlations · RETO correlations
