PNC vs RETO: Correlation
PNC Financial Services (PNC) and ReTo Eco-Solutions, Inc. - Class A Shares (RETO) show a negative relationship: their 3-year correlation of weekly returns is -0.15.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PNC and RETO?
On 3 years of weekly data the PNC/RETO correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.13 over 1 year against -0.15 over 3. The 5-year figure is -0.08, and annualized covariance runs at -1535.5 %².
By 3-year correlation, RETO places #39 of the 47 assets tracked against PNC. Their recent paths diverged sharply: over the last 12 months PNC outperformed by 118.4 percentage points (+22.1% for PNC against -96.3% for RETO). Risk is not evenly split, since RETO carries 15.6 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.
PNC vs RETO: side by side
| PNC (PNC Financial Services) | RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | |
|---|---|---|
| 1-year return | +22.1% | -96.3% |
| 5-year return | +53.5% | -100.0% |
| Volatility (ann.) | 25.6% | 399.9% |
| Beta vs S&P 500 | 0.92 | -2.83 |
| Max drawdown (3Y) | -29.8% | -99.5% |
| Market cap | $97.1B | – |
| P/E (trailing) | 13.5 | – |
| Dividend yield | 2.78% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | PNC | RETO |
|---|---|---|
| 2022 | -18.6% | -75.9% |
| 2023 | +2.7% | -99.1% |
| 2024 | +29.4% | -74.9% |
| 2025 | +12.2% | -57.1% |
| 2026 | +19.4% | -81.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PNC and RETO good diversifiers for each other?
Yes. With a correlation of -0.15, PNC and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PNC and RETO?
The PNC/RETO correlation stands at -0.15 on a 3-year window (1 year: -0.13, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is RETO a good diversifier for PNC?
Yes. With a correlation of -0.15, PNC and RETO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.15 mean?
On the −1 to +1 scale, -0.15 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pnc-vs-reto.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pnc-vs-reto/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PNC correlations · RETO correlations
