RETO vs VBNK: Correlation
ReTo Eco-Solutions, Inc. - Class A Shares (RETO) and VersaBank (VBNK) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RETO and VBNK?
On 3 years of weekly data the RETO/VBNK correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.27 lands near the 3-year figure. The 5-year figure is -0.20, and annualized covariance runs at -4103.5 %².
By 3-year correlation, VBNK places #57 of the 63 assets tracked against RETO. Correlation aside, the last 12 months split them widely, with VBNK ahead by 179.4 points (-96.3% versus +83.1%). Note the risk asymmetry: RETO runs 9.8 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 VBNK: side by side
| RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | VBNK (VersaBank) | |
|---|---|---|
| 1-year return | -96.3% | +83.1% |
| 5-year return | -100.0% | +102.0% |
| Volatility (ann.) | 399.9% | 40.6% |
| Beta vs S&P 500 | -2.83 | 0.80 |
| Max drawdown (3Y) | -99.5% | -50.5% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 30.1 |
| Dividend yield | 0.00% | 0.50% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RETO | VBNK |
|---|---|---|
| 2022 | -75.9% | -36.2% |
| 2023 | -99.1% | +47.0% |
| 2024 | -74.9% | +27.3% |
| 2025 | -57.1% | +8.8% |
| 2026 | -81.7% | +37.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RETO and VBNK good diversifiers for each other?
Yes. With a correlation of -0.25, RETO and VBNK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RETO and VBNK?
As of 2026-08-27, the correlation of weekly returns between RETO and VBNK is -0.25 over 3 years, -0.27 over 1 year and -0.20 over 5 years.
Is VBNK a good diversifier for RETO?
Yes. With a correlation of -0.25, RETO and VBNK have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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-vbnk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/reto-vs-vbnk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RETO correlations · VBNK correlations
