RETO vs RL: Correlation
How closely do ReTo Eco-Solutions, Inc. - Class A Shares (RETO) and Ralph Lauren Corporation (RL) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RETO and RL?
Over the past 3 years, RETO and RL moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.19) than the 3-year average (-0.21). Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -2824.9 %².
Within RETO's tracked universe of 63 assets, RL comes in at #41 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RL ahead by 117.0 points (-96.3% versus +20.7%). Risk is not evenly split, since RETO carries 11.9 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.
RETO vs RL: side by side
| RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | RL (Ralph Lauren Corporation) | |
|---|---|---|
| 1-year return | -96.3% | +20.7% |
| 5-year return | -100.0% | +232.5% |
| Volatility (ann.) | 399.9% | 33.6% |
| Beta vs S&P 500 | -2.83 | 1.07 |
| Max drawdown (3Y) | -99.5% | -36.2% |
| Market cap | – | $21.0B |
| P/E (trailing) | – | 22.8 |
| Dividend yield | 0.00% | 1.03% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | RETO | RL |
|---|---|---|
| 2022 | -75.9% | -8.4% |
| 2023 | -99.1% | +39.8% |
| 2024 | -74.9% | +62.9% |
| 2025 | -57.1% | +55.0% |
| 2026 | -81.7% | +0.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RETO and RL good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RETO and RL?
As of 2026-08-27, the correlation of weekly returns between RETO and RL is -0.21 over 3 years, 0.19 over 1 year and -0.13 over 5 years.
Is RL a good diversifier for RETO?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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/reto-vs-rl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/reto-vs-rl/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RETO correlations · RL correlations
