RETO vs XLF: Correlation
Measured on weekly returns over the past three years, ReTo Eco-Solutions, Inc. - Class A Shares (RETO) and Financial Select Sector SPDR Fund (XLF) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RETO and XLF?
Over the past 3 years, RETO and XLF moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.13) than the 3-year average (-0.18). Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -1160.7 %².
Within RETO's tracked universe of 63 assets, XLF comes in at #24 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months XLF outperformed by 105.6 percentage points (-96.3% for RETO against +9.3% for XLF). One caveat on sizing: RETO is 24.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 XLF: side by side
| RETO (ReTo Eco-Solutions, Inc. - Class A Shares) | XLF (Financial Select Sector SPDR Fund) | |
|---|---|---|
| 1-year return | -96.3% | +9.3% |
| 5-year return | -100.0% | +64.2% |
| Volatility (ann.) | 399.9% | 16.2% |
| Beta vs S&P 500 | -2.83 | 0.84 |
| Max drawdown (3Y) | -99.5% | -15.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.42% |
| Expense ratio | – | 0.08% |
| Assets under management | – | $57.9B |
| Sector / category | US Listed | Sector ETF |
XLF is a Financial fund from State Street Investment Management: $57.9B under management, 77 holdings, a 0.08% expense ratio, a 1.42% trailing dividend yield.
Year-by-year returns
| Year | RETO | XLF |
|---|---|---|
| 2022 | -75.9% | -10.6% |
| 2023 | -99.1% | +12.0% |
| 2024 | -74.9% | +30.6% |
| 2025 | -57.1% | +14.9% |
| 2026 | -81.7% | +6.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RETO and XLF good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between RETO and XLF?
As of 2026-08-27, the correlation of weekly returns between RETO and XLF is -0.18 over 3 years, 0.13 over 1 year and -0.08 over 5 years.
Is XLF a good diversifier for RETO?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 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 · XLF correlations
