RETO vs VMC: Correlation
How closely do ReTo Eco-Solutions, Inc. - Class A Shares (RETO) and Vulcan Materials Company (VMC) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RETO and VMC?
Across a 3-year window, the weekly returns of RETO and VMC correlate at -0.24, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.06) than the 3-year average (-0.24). Stretching to 5 years gives -0.17, with an annualized covariance of -2380.3 %².
Among the 63 assets we track against RETO, VMC ranks #55 by 3-year correlation. The last year tells two different stories: VMC led by 91.1 percentage points, -96.3% for RETO against -5.2% for VMC. Note the risk asymmetry: RETO runs 15.9 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 VMC: side by side
| RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | VMC (Vulcan Materials Company) | |
|---|---|---|
| 1-year return | -96.3% | -5.2% |
| 5-year return | -100.0% | +53.2% |
| Volatility (ann.) | 399.9% | 25.2% |
| Beta vs S&P 500 | -2.83 | 0.82 |
| Max drawdown (3Y) | -99.5% | -24.4% |
| Market cap | – | $35.5B |
| P/E (trailing) | – | 32.3 |
| Dividend yield | 0.00% | 0.74% |
| Sector / category | US Listed | Materials |
Year-by-year returns
| Year | RETO | VMC |
|---|---|---|
| 2022 | -75.9% | -14.9% |
| 2023 | -99.1% | +30.8% |
| 2024 | -74.9% | +14.1% |
| 2025 | -57.1% | +11.7% |
| 2026 | -81.7% | -3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RETO and VMC good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RETO and VMC?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with 0.06 over the last year and -0.17 over 5 years.
Is VMC a good diversifier for RETO?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 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-vmc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/reto-vs-vmc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RETO correlations · VMC correlations
