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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

Correlation (3Y)
-0.22
negative
Correlation (1Y)
0.04
last 12 months
Correlation (5Y)
-0.11
long-run
Ann. covariance
-2044.0
%² · weekly, annualized

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 500-2.830.97
Max drawdown (3Y)-99.5%-25.7%
Market cap$53.1B
P/E (trailing)17.1
Dividend yield0.00%1.74%
Sector / categoryUS ListedFinancials
Higher yield: STT 1.74% vs 0.00%Smaller drawdown: STT -25.7% vs -99.5%Higher 5y return: STT +144.9% vs -100.0%
-96%0%+76%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). RETO · STT

Year-by-year returns

YearRETOSTT
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.

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RETO vs STT: 3-year weekly correlation -0.22RETO vs STT-0.22

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Hubs: RETO correlations · STT correlations