SAM vs. STZ
SAM (The Boston Beer Company, Inc.) and STZ (Constellation Brands, Inc.) are both stocks. Both are in the Consumer Defensive sector — SAM in Beverages - Brewers, STZ in Beverages - Wineries & Distilleries. Over the past 10 years, SAM returned 0.99%/yr vs 0.82%/yr for STZ. At a 0.25 correlation, their price movements are largely independent.
Performance
SAM vs. STZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SAM achieves a -8.98% return, which is significantly lower than STZ's 3.93% return. Over the past 10 years, SAM has outperformed STZ with an annualized return of 0.99%, while STZ has yielded a comparatively lower 0.82% annualized return.
SAM
- 1D
- 0.85%
- 1M
- -6.57%
- YTD
- -8.98%
- 6M
- -10.51%
- 1Y
- -10.37%
- 3Y*
- -17.18%
- 5Y*
- -29.36%
- 10Y*
- 0.99%
STZ
- 1D
- 0.23%
- 1M
- -5.34%
- YTD
- 3.93%
- 6M
- 1.16%
- 1Y
- -10.50%
- 3Y*
- -14.70%
- 5Y*
- -7.16%
- 10Y*
- 0.82%
SAM vs. STZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SAM The Boston Beer Company, Inc. | -8.98% | -34.95% | -13.20% | 4.88% | -34.76% | -49.20% | 163.14% | 56.89% | 26.03% | 12.51% |
STZ Constellation Brands, Inc. | 3.93% | -35.99% | -7.11% | 5.83% | -6.43% | 16.12% | 17.41% | 19.85% | -28.73% | 50.69% |
Correlation
The correlation between SAM and STZ is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 1995 | 0.25 |
Over the past year, SAM and STZ have become more correlated (0.46) than their long-term average of 0.25, meaning their price movements have been converging.
Fundamentals
SAM:
$1.86B
STZ:
$24.58B
SAM:
-$5.70
STZ:
$11.23
SAM:
0.91
STZ:
2.71
SAM:
2.72
STZ:
2.93
SAM:
$2.09B
STZ:
$9.14B
SAM:
$947.28M
STZ:
$4.71B
SAM:
$23.70M
STZ:
$3.05B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SAM vs. STZ — Risk / Return Rank
SAM
STZ
SAM vs. STZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Boston Beer Company, Inc. (SAM) and Constellation Brands, Inc. (STZ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SAM | STZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.96 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | -0.40 | +0.12 |
| Martin ratioReturn relative to average drawdown | -0.76 | -0.69 | -0.06 |
Loading charts...
Drawdowns
SAM vs. STZ - Drawdown Comparison
The maximum SAM drawdown since its inception was -87.67%, which is greater than STZ's maximum drawdown of -67.39%. Use the drawdown chart below to compare losses from any high point for SAM and STZ.
Loading charts...
Drawdown Indicators
| SAM | STZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.67% | -67.39% | -20.28% |
Max Drawdown (1Y)Largest decline over 1 year | -38.06% | -26.51% | -11.55% |
Max Drawdown (3Y)Largest decline over 3 years | -59.09% | -51.28% | -7.81% |
Max Drawdown (5Y)Largest decline over 5 years | -84.48% | -51.28% | -33.20% |
Max Drawdown (10Y)Largest decline over 10 years | -87.67% | -53.53% | -34.14% |
Current DrawdownCurrent decline from peak | -86.41% | -45.28% | -41.13% |
Average DrawdownAverage peak-to-trough decline | -40.76% | -16.61% | -24.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.76% | 15.17% | -1.41% |
Volatility
SAM vs. STZ - Volatility Comparison
The Boston Beer Company, Inc. (SAM) has a higher volatility of 12.05% compared to Constellation Brands, Inc. (STZ) at 8.40%. This indicates that SAM's price experiences larger fluctuations and is considered to be riskier than STZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SAM | STZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.05% | 8.40% | +3.65% |
Volatility (6M)Calculated over the trailing 6-month period | 28.09% | 23.55% | +4.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.16% | 30.36% | +6.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.83% | 24.57% | +15.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.82% | 26.99% | +13.83% |
Dividends
SAM vs. STZ - Dividend Comparison
SAM has not paid dividends to shareholders, while STZ's dividend yield for the trailing twelve months is around 2.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SAM The Boston Beer Company, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
STZ Constellation Brands, Inc. | 2.89% | 2.95% | 1.77% | 1.44% | 1.36% | 1.21% | 1.37% | 1.58% | 1.70% | 0.86% | 0.98% | 0.65% |
Financials
SAM vs. STZ - Financials Comparison
This section allows you to compare key financial metrics between The Boston Beer Company, Inc. and Constellation Brands, Inc.. 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
SAM vs. STZ - Profitability Comparison
SAM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boston Beer Company, Inc. reported a gross profit of 213.96M and revenue of 461.58M. Therefore, the gross margin over that period was 46.4%.
STZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Constellation Brands, Inc. reported a gross profit of 941.60M and revenue of 1.92B. Therefore, the gross margin over that period was 49.0%.
SAM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boston Beer Company, Inc. reported an operating income of -190.46M and revenue of 461.58M, resulting in an operating margin of -41.3%.
STZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Constellation Brands, Inc. reported an operating income of 357.10M and revenue of 1.92B, resulting in an operating margin of 18.6%.
SAM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boston Beer Company, Inc. reported a net income of -145.26M and revenue of 461.58M, resulting in a net margin of -31.5%.
STZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Constellation Brands, Inc. reported a net income of 477.70M and revenue of 1.92B, resulting in a net margin of 24.9%.
Frequently Asked Questions
SAM and STZ have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SAM has higher volatility (12.05%) compared to STZ (8.40%). In terms of maximum drawdown, SAM dropped -87.67% vs STZ's -67.39%.
SAM currently has the higher Sharpe Ratio (-0.28 vs -0.35), 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.
Find the right allocation for SAM and STZ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer