RETO vs STT: Correlation
Measured on weekly returns over the past three years, ReTo Eco-Solutions, Inc. - Class A Shares (RETO) and State Street Corporation (STT) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RETO and STT?
On 3 years of weekly data the RETO/STT correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.04 versus -0.22 over 3 years. The 5-year figure is -0.11, and annualized covariance runs at -2044.0 %².
By 3-year correlation, STT places #49 of the 63 assets tracked against RETO. Correlation aside, the last 12 months split them widely, with STT ahead by 169.0 points (-96.3% versus +72.7%). Note the risk asymmetry: RETO runs 17.5 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.
RETO vs STT: side by side
| RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | STT (State Street Corporation) | |
|---|---|---|
| 1-year return | -96.3% | +72.7% |
| 5-year return | -100.0% | +144.9% |
| Volatility (ann.) | 399.9% | 22.9% |
| Beta vs S&P 500 | -2.83 | 0.97 |
| Max drawdown (3Y) | -99.5% | -25.7% |
| Market cap | – | $53.1B |
| P/E (trailing) | – | 17.1 |
| Dividend yield | 0.00% | 1.74% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | RETO | STT |
|---|---|---|
| 2022 | -75.9% | -13.8% |
| 2023 | -99.1% | +3.5% |
| 2024 | -74.9% | +30.2% |
| 2025 | -57.1% | +35.5% |
| 2026 | -81.7% | +52.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RETO and STT good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RETO and STT?
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 STT a good diversifier for RETO?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/reto-vs-stt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/reto-vs-stt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RETO correlations · STT correlations