HEINY vs. TAP-A
HEINY (Heineken NV ADR) and TAP-A (Molson Coors Beverage Company) are both stocks. Both operate in the Beverages - Brewers industry within the Consumer Defensive sector. Over the past 10 years, HEINY returned -0.65%/yr vs -5.60%/yr for TAP-A. At a 0.06 correlation, their price movements are largely independent.
Performance
HEINY vs. TAP-A - Performance Comparison
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Returns By Period
In the year-to-date period, HEINY achieves a -5.29% return, which is significantly lower than TAP-A's -0.81% return. Over the past 10 years, HEINY has outperformed TAP-A with an annualized return of -0.65%, while TAP-A has yielded a comparatively lower -5.60% annualized return.
HEINY
- 1D
- -0.52%
- 1M
- -1.35%
- YTD
- -5.29%
- 6M
- -4.94%
- 1Y
- -15.65%
- 3Y*
- -7.08%
- 5Y*
- -6.72%
- 10Y*
- -0.65%
TAP-A
- 1D
- 0.00%
- 1M
- 1.70%
- YTD
- -0.81%
- 6M
- 6.23%
- 1Y
- -15.29%
- 3Y*
- -6.82%
- 5Y*
- -2.68%
- 10Y*
- -5.60%
HEINY vs. TAP-A - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEINY Heineken NV ADR | -5.29% | 18.20% | -29.20% | 10.55% | -15.50% | 2.22% | 5.70% | 23.24% | -14.46% | 41.15% |
TAP-A Molson Coors Beverage Company | -0.81% | -15.84% | -8.93% | -13.73% | 36.05% | -6.40% | -3.09% | 9.18% | -24.67% | -12.69% |
Correlation
The correlation between HEINY and TAP-A is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2012 | 0.06 |
Fundamentals
HEINY:
$42.56B
TAP-A:
$8.56B
HEINY:
$2.55
TAP-A:
-$10.76
HEINY:
0.73
TAP-A:
0.79
HEINY:
2.37
TAP-A:
0.85
HEINY:
$58.47B
TAP-A:
$11.19B
HEINY:
$17.32B
TAP-A:
$4.23B
HEINY:
$11.16B
TAP-A:
-$1.54B
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Return for Risk
HEINY vs. TAP-A — Risk / Return Rank
HEINY
TAP-A
HEINY vs. TAP-A - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Heineken NV ADR (HEINY) and Molson Coors Beverage Company (TAP-A). 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.
| HEINY | TAP-A | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.91 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | -0.55 | -0.20 |
| Martin ratioReturn relative to average drawdown | -1.20 | -1.00 | -0.20 |
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
| HEINY | TAP-A | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.66 | -0.44 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.28 | -0.07 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | -0.13 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.09 | +0.03 |
Drawdowns
HEINY vs. TAP-A - Drawdown Comparison
The maximum HEINY drawdown since its inception was -43.42%, smaller than the maximum TAP-A drawdown of -68.56%. Use the drawdown chart below to compare losses from any high point for HEINY and TAP-A.
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Drawdown Indicators
| HEINY | TAP-A | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.42% | -68.56% | +25.14% |
Max Drawdown (1Y)Largest decline over 1 year | -20.87% | -27.69% | +6.82% |
Max Drawdown (3Y)Largest decline over 3 years | -38.38% | -37.63% | -0.75% |
Max Drawdown (5Y)Largest decline over 5 years | -43.42% | -45.50% | +2.08% |
Max Drawdown (10Y)Largest decline over 10 years | -43.42% | -58.32% | +14.90% |
Current DrawdownCurrent decline from peak | -32.17% | -48.04% | +15.87% |
Average DrawdownAverage peak-to-trough decline | -13.13% | -34.93% | +21.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.01% | 15.29% | -2.28% |
Volatility
HEINY vs. TAP-A - Volatility Comparison
The current volatility for Heineken NV ADR (HEINY) is 7.74%, while Molson Coors Beverage Company (TAP-A) has a volatility of 10.85%. This indicates that HEINY experiences smaller price fluctuations and is considered to be less risky than TAP-A based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEINY | TAP-A | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.74% | 10.85% | -3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 17.22% | 29.71% | -12.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.21% | 35.49% | -11.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.52% | 38.88% | -14.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 44.25% | -21.17% |
Dividends
HEINY vs. TAP-A - Dividend Comparison
HEINY's dividend yield for the trailing twelve months is around 2.95%, less than TAP-A's 5.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEINY Heineken NV ADR | 2.95% | 2.56% | 2.63% | 2.03% | 1.71% | 0.96% | 0.83% | 1.41% | 1.67% | 1.17% | 1.68% | 1.23% |
TAP-A Molson Coors Beverage Company | 5.24% | 4.04% | 3.07% | 2.53% | 1.97% | 1.17% | 0.91% | 3.00% | 2.65% | 1.95% | 1.67% | 1.75% |
Financials
HEINY vs. TAP-A - Financials Comparison
This section allows you to compare key financial metrics between Heineken NV ADR and Molson Coors Beverage 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
HEINY vs. TAP-A - Profitability Comparison
HEINY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Heineken NV ADR reported a gross profit of 1.87B and revenue of 14.47B. Therefore, the gross margin over that period was 12.9%.
TAP-A - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Molson Coors Beverage Company reported a gross profit of 897.20M and revenue of 2.35B. Therefore, the gross margin over that period was 38.2%.
HEINY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Heineken NV ADR reported an operating income of 1.87B and revenue of 14.47B, resulting in an operating margin of 12.9%.
TAP-A - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Molson Coors Beverage Company reported an operating income of 258.30M and revenue of 2.35B, resulting in an operating margin of 11.0%.
HEINY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Heineken NV ADR reported a net income of 1.13B and revenue of 14.47B, resulting in a net margin of 7.8%.
TAP-A - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Molson Coors Beverage Company reported a net income of 151.30M and revenue of 2.35B, resulting in a net margin of 6.4%.
Frequently Asked Questions
HEINY and TAP-A have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TAP-A has higher volatility (10.85%) compared to HEINY (7.74%). In terms of maximum drawdown, HEINY dropped -43.42% vs TAP-A's -68.56%.
TAP-A currently has the higher Sharpe Ratio (-0.44 vs -0.66), 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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