KKR vs RETO: Correlation
KKR & Co. (KKR) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KKR and RETO?
Across a 3-year window, the weekly returns of KKR and RETO correlate at -0.22, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.04) runs above the 3-year figure (-0.22). Stretching to 5 years gives -0.11, with an annualized covariance of -3256.8 %².
Within KKR's tracked universe of 37 assets, RETO comes in at #32 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KKR outperformed by 74.7 percentage points (-21.6% for KKR against -96.3% for RETO). Note the risk asymmetry: RETO runs 10.6 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.
KKR vs RETO: side by side
| KKR (KKR & Co.) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | -21.6% | -96.3% |
| 5-year return | +77.3% | -100.0% |
| Volatility (ann.) | 37.8% | 399.9% |
| Beta vs S&P 500 | 1.76 | -2.83 |
| Max drawdown (3Y) | -49.4% | -99.5% |
| Market cap | $101.0B | – |
| P/E (trailing) | 34.7 | – |
| Dividend yield | 0.70% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | KKR | RETO |
|---|---|---|
| 2022 | -37.0% | -75.9% |
| 2023 | +80.5% | -99.1% |
| 2024 | +79.6% | -74.9% |
| 2025 | -13.3% | -57.1% |
| 2026 | -13.8% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KKR and RETO good diversifiers for each other?
Yes. With a correlation of -0.22, KKR and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KKR and RETO?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with 0.04 over the last year and -0.11 over 5 years.
Is RETO a good diversifier for KKR?
Yes. With a correlation of -0.22, KKR and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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/kkr-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kkr-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KKR correlations · RETO correlations
