BG vs. TAP
BG (Bunge Limited) and TAP (Molson Coors Brewing Company) are both stocks. Both are in the Consumer Defensive sector — BG in Farm Products, TAP in Beverages - Brewers. Over the past 10 years, BG returned 9.98%/yr vs -6.78%/yr for TAP. At a 0.27 correlation, their price movements are largely independent.
Performance
BG vs. TAP - Performance Comparison
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Returns By Period
In the year-to-date period, BG achieves a 42.55% return, which is significantly higher than TAP's -13.25% return. Over the past 10 years, BG has outperformed TAP with an annualized return of 9.98%, while TAP has yielded a comparatively lower -6.78% annualized return.
BG
- 1D
- -0.76%
- 1M
- 1.05%
- YTD
- 42.55%
- 6M
- 38.16%
- 1Y
- 73.08%
- 3Y*
- 13.50%
- 5Y*
- 10.23%
- 10Y*
- 9.98%
TAP
- 1D
- 1.41%
- 1M
- -5.48%
- YTD
- -13.25%
- 6M
- -13.13%
- 1Y
- -20.56%
- 3Y*
- -12.91%
- 5Y*
- -5.19%
- 10Y*
- -6.78%
BG vs. TAP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BG Bunge Limited | 42.55% | 18.56% | -20.74% | 3.79% | 9.28% | 46.77% | 18.92% | 11.77% | -17.99% | -4.76% |
TAP Molson Coors Brewing Company | -13.25% | -15.53% | -3.43% | 22.15% | 14.39% | 4.12% | -15.20% | -0.44% | -29.88% | -14.11% |
Correlation
The correlation between BG and TAP is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2001 | 0.27 |
Fundamentals
BG:
$24.60B
TAP:
$7.50B
BG:
$4.12
TAP:
-$10.76
BG:
0.26
TAP:
0.69
BG:
1.41
TAP:
0.75
BG:
$80.55B
TAP:
$11.19B
BG:
$3.58B
TAP:
$4.23B
BG:
$2.19B
TAP:
-$1.54B
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Return for Risk
BG vs. TAP — Risk / Return Rank
BG
TAP
BG vs. TAP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bunge Limited (BG) and Molson Coors Brewing Company (TAP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BG | TAP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.14 | ||
| Sortino ratioReturn per unit of downside risk | +4.50 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.89 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 4.77 | -0.74 | +5.52 |
| Martin ratioReturn relative to average drawdown | 13.31 | -1.56 | +14.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BG | TAP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.35 | -0.80 | +3.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | -0.20 | +0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | -0.24 | +0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.23 | +0.09 |
Drawdowns
BG vs. TAP - Drawdown Comparison
The maximum BG drawdown since its inception was -77.34%, which is greater than TAP's maximum drawdown of -67.73%. Use the drawdown chart below to compare losses from any high point for BG and TAP.
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Drawdown Indicators
| BG | TAP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.34% | -67.73% | -9.61% |
Max Drawdown (1Y)Largest decline over 1 year | -15.39% | -27.75% | +12.36% |
Max Drawdown (3Y)Largest decline over 3 years | -38.82% | -39.73% | +0.91% |
Max Drawdown (5Y)Largest decline over 5 years | -41.49% | -39.73% | -1.76% |
Max Drawdown (10Y)Largest decline over 10 years | -60.49% | -67.73% | +7.24% |
Current DrawdownCurrent decline from peak | -4.50% | -54.01% | +49.51% |
Average DrawdownAverage peak-to-trough decline | -28.89% | -22.79% | -6.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.51% | 13.23% | -7.72% |
Volatility
BG vs. TAP - Volatility Comparison
Bunge Limited (BG) has a higher volatility of 8.17% compared to Molson Coors Brewing Company (TAP) at 7.08%. This indicates that BG's price experiences larger fluctuations and is considered to be riskier than TAP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BG | TAP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.17% | 7.08% | +1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 19.44% | 20.15% | -0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.38% | 25.98% | +5.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.29% | 25.64% | +3.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.01% | 28.50% | +2.51% |
Dividends
BG vs. TAP - Dividend Comparison
BG's dividend yield for the trailing twelve months is around 2.25%, less than TAP's 4.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BG Bunge Limited | 2.25% | 3.12% | 3.48% | 2.55% | 2.31% | 2.76% | 3.05% | 3.48% | 3.59% | 2.62% | 2.21% | 2.11% |
TAP Molson Coors Brewing Company | 4.80% | 4.03% | 3.07% | 2.68% | 2.95% | 1.47% | 1.26% | 3.64% | 2.92% | 2.00% | 1.69% | 1.75% |
Financials
BG vs. TAP - Financials Comparison
This section allows you to compare key financial metrics between Bunge Limited and Molson Coors Brewing Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BG vs. TAP - Profitability Comparison
BG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bunge Limited reported a gross profit of 766.00M and revenue of 21.86B. Therefore, the gross margin over that period was 3.5%.
TAP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Molson Coors Brewing Company reported a gross profit of 897.20M and revenue of 2.35B. Therefore, the gross margin over that period was 38.2%.
BG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bunge Limited reported an operating income of 235.00M and revenue of 21.86B, resulting in an operating margin of 1.1%.
TAP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Molson Coors Brewing Company reported an operating income of 258.30M and revenue of 2.35B, resulting in an operating margin of 11.0%.
BG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bunge Limited reported a net income of 68.00M and revenue of 21.86B, resulting in a net margin of 0.3%.
TAP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Molson Coors Brewing Company reported a net income of 151.30M and revenue of 2.35B, resulting in a net margin of 6.4%.
Frequently Asked Questions
BG and TAP have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BG has higher volatility (8.17%) compared to TAP (7.08%). In terms of maximum drawdown, BG dropped -77.34% vs TAP's -67.73%.
BG currently has the higher Sharpe Ratio (2.35 vs -0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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