RETO vs WFC: Correlation
ReTo Eco-Solutions, Inc. - Class A Shares (RETO) and Wells Fargo (WFC) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RETO and WFC?
Across a 3-year window, the weekly returns of RETO and WFC correlate at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.06 versus -0.19 over 3 years. Stretching to 5 years gives -0.12, with an annualized covariance of -2212.6 %².
Within RETO's tracked universe of 63 assets, WFC comes in at #31 by 3-year correlation. The last year tells two different stories: WFC led by 101.5 percentage points, -96.3% for RETO against +5.2% for WFC. Note the risk asymmetry: RETO runs 13.5 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 WFC: side by side
| RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | WFC (Wells Fargo) | |
|---|---|---|
| 1-year return | -96.3% | +5.2% |
| 5-year return | -100.0% | +98.3% |
| Volatility (ann.) | 399.9% | 29.7% |
| Beta vs S&P 500 | -2.83 | 0.98 |
| Max drawdown (3Y) | -99.5% | -24.7% |
| Market cap | – | $256.9B |
| P/E (trailing) | – | 12.4 |
| Dividend yield | 0.00% | 2.11% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | RETO | WFC |
|---|---|---|
| 2022 | -75.9% | -11.9% |
| 2023 | -99.1% | +22.9% |
| 2024 | -74.9% | +46.5% |
| 2025 | -57.1% | +35.6% |
| 2026 | -81.7% | -7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RETO and WFC good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between RETO and WFC?
As of 2026-08-27, the correlation of weekly returns between RETO and WFC is -0.19 over 3 years, -0.06 over 1 year and -0.12 over 5 years.
Is WFC a good diversifier for RETO?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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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Related comparisons
Hubs: RETO correlations · WFC correlations
