TAP-A vs. HEINY
TAP-A (Molson Coors Beverage Company) and HEINY (Heineken NV ADR) are both stocks. Both operate in the Beverages - Brewers industry within the Consumer Defensive sector. Over the past 10 years, TAP-A returned -6.28%/yr vs 1.75%/yr for HEINY. Their 0.06 correlation means their historical movements had little consistent relationship.
Performance
TAP-A vs. HEINY - Performance Comparison
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Returns By Period
In the year-to-date period, TAP-A achieves a -9.63% return, which is significantly lower than HEINY's 13.97% return. Over the past 10 years, TAP-A has underperformed HEINY with an annualized return of -6.28%, while HEINY has yielded a comparatively higher 1.75% annualized return.
TAP-A
- 1D
- 0.00%
- 1M
- -13.81%
- 6M
- -14.33%
- YTD
- -9.63%
- 1Y
- -21.78%
- 3Y*
- -14.23%
- 5Y*
- -5.52%
- 10Y*
- -6.28%
- ALL TIME*
- 0.19%
HEINY
- 1D
- -0.54%
- 1M
- 4.20%
- 6M
- 12.95%
- YTD
- 13.97%
- 1Y
- 18.47%
- 3Y*
- 0.21%
- 5Y*
- -2.79%
- 10Y*
- 1.75%
- ALL TIME*
- 4.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
HEINY Heineken NV ADR | $3.02M | $6.83M | $4.80M |
| $9.26K | $11.63K | $8.73K |
TAP-A vs. HEINY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TAP-A Molson Coors Beverage Company | -9.63% | -15.84% | -8.93% | -13.73% | 36.05% | -6.40% | -3.09% | 9.18% | -24.67% | -12.69% |
HEINY Heineken NV ADR | 13.97% | 18.20% | -29.20% | 10.55% | -15.50% | 2.22% | 5.70% | 23.24% | -14.46% | 41.15% |
Correlation
The correlation between TAP-A and HEINY is 0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.03 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.02 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2012 | 0.06 |
Fundamentals
TAP-A:
$7.79B
HEINY:
$50.74B
TAP-A:
-$10.85
HEINY:
€2.55
TAP-A:
0.72
HEINY:
0.76
TAP-A:
0.78
HEINY:
2.47
TAP-A:
$11.19B
HEINY:
€58.47B
TAP-A:
$4.23B
HEINY:
€17.32B
TAP-A:
-$1.54B
HEINY:
€11.16B
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Return for Risk
TAP-A vs. HEINY — Risk / Return Rank
TAP-A
HEINY
TAP-A vs. HEINY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Molson Coors Beverage Company (TAP-A) and Heineken NV ADR (HEINY). 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.
| TAP-A | HEINY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.87 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.15 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 0.87 | -1.65 |
| Martin ratioReturn relative to average drawdown | -1.62 | 1.87 | -3.48 |
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Drawdowns
TAP-A vs. HEINY - Drawdown Comparison
The maximum TAP-A drawdown since its inception was -68.56%, which is greater than HEINY's maximum drawdown of -43.42%. Use the drawdown chart below to compare losses from any high point for TAP-A and HEINY.
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Drawdown Indicators
| TAP-A | HEINY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.56% | -43.42% | -25.14% |
Max Drawdown (1Y)Largest decline over 1 year | -27.93% | -20.87% | -7.06% |
Max Drawdown (3Y)Largest decline over 3 years | -39.85% | -36.38% | -3.47% |
Max Drawdown (5Y)Largest decline over 5 years | -47.45% | -41.57% | -5.88% |
Max Drawdown (10Y)Largest decline over 10 years | -58.32% | -43.42% | -14.90% |
Current DrawdownCurrent decline from peak | -52.66% | -18.37% | -34.29% |
Average DrawdownAverage peak-to-trough decline | -35.03% | -13.25% | -21.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.49% | 9.70% | +3.79% |
Volatility
TAP-A vs. HEINY - Volatility Comparison
Molson Coors Beverage Company (TAP-A) has a higher volatility of 19.76% compared to Heineken NV ADR (HEINY) at 6.94%. This indicates that TAP-A's price experiences larger fluctuations and is considered to be riskier than HEINY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TAP-A | HEINY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.76% | 6.94% | +12.82% |
Volatility (6M)Calculated over the trailing 6-month period | 35.16% | 17.98% | +17.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.63% | 22.38% | +18.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.76% | 24.68% | +15.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.77% | 23.10% | +21.67% |
Dividends
TAP-A vs. HEINY - Dividend Comparison
TAP-A's dividend yield for the trailing twelve months is around 4.61%, more than HEINY's 2.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEINY Heineken NV ADR | 2.45% | 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 | 4.61% | 4.04% | 3.07% | 2.53% | 1.97% | 1.17% | 0.91% | 3.00% | 2.65% | 1.95% | 1.67% | 1.75% |
Financials
TAP-A vs. HEINY - Financials Comparison
This section allows you to compare key financial metrics between Molson Coors Beverage Company and Heineken NV ADR. 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
TAP-A vs. HEINY - Profitability Comparison
TAP-A - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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 - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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 - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 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 - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 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%.
HEINY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Heineken NV ADR reported a net income of 1.13B and revenue of 14.47B, resulting in a net margin of 7.8%.
Frequently Asked Questions
TAP-A and HEINY have a correlation of 0.05, 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 (19.76%) compared to HEINY (6.94%). In terms of maximum drawdown, TAP-A dropped -68.56% vs HEINY's -43.42%.
HEINY currently has the higher Sharpe Ratio (0.83 vs -0.54), 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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