RETO vs TFC: Correlation
How closely do ReTo Eco-Solutions, Inc. - Class A Shares (RETO) and Truist Financial (TFC) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RETO and TFC?
Across a 3-year window, the weekly returns of RETO and TFC correlate at -0.17, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.05) than the 3-year average (-0.17). Stretching to 5 years gives -0.10, with an annualized covariance of -1940.9 %².
By 3-year correlation, TFC places #23 of the 63 assets tracked against RETO. Correlation aside, the last 12 months split them widely, with TFC ahead by 108.4 points (-96.3% versus +12.1%). Note the risk asymmetry: RETO runs 14.3 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 TFC: side by side
| RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | TFC (Truist Financial) | |
|---|---|---|
| 1-year return | -96.3% | +12.1% |
| 5-year return | -100.0% | +12.7% |
| Volatility (ann.) | 399.9% | 28.0% |
| Beta vs S&P 500 | -2.83 | 1.07 |
| Max drawdown (3Y) | -99.5% | -26.9% |
| Market cap | – | $61.4B |
| P/E (trailing) | – | 11.6 |
| Dividend yield | 0.00% | 4.10% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | RETO | TFC |
|---|---|---|
| 2022 | -75.9% | -23.5% |
| 2023 | -99.1% | -8.6% |
| 2024 | -74.9% | +23.7% |
| 2025 | -57.1% | +19.0% |
| 2026 | -81.7% | +5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RETO and TFC good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RETO and TFC?
As of 2026-08-27, the correlation of weekly returns between RETO and TFC is -0.17 over 3 years, -0.05 over 1 year and -0.10 over 5 years.
Is TFC a good diversifier for RETO?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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-tfc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/reto-vs-tfc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RETO correlations · TFC correlations
