TAP vs. BA.L
TAP (Molson Coors Brewing Company) and BA.L (BAE Systems plc) are both stocks. TAP operates in Beverages - Brewers (Consumer Defensive), while BA.L operates in Aerospace & Defense (Industrials). Over the past 10 years, TAP returned -6.04%/yr vs 18.26%/yr for BA.L. At a 0.19 correlation, their price movements are largely independent.
Performance
TAP vs. BA.L - Performance Comparison
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Different Trading Currencies
TAP is traded in USD, while BA.L is traded in GBp. To make them comparable, the BA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TAP achieves a -8.93% return, which is significantly lower than BA.L's 12.20% return. Over the past 10 years, TAP has underperformed BA.L with an annualized return of -6.04%, while BA.L has yielded a comparatively higher 18.26% annualized return.
TAP
- 1D
- 1.59%
- 1M
- 3.03%
- YTD
- -8.93%
- 6M
- -10.69%
- 1Y
- -14.29%
- 3Y*
- -12.05%
- 5Y*
- -4.02%
- 10Y*
- -6.04%
BA.L
- 1D
- -1.78%
- 1M
- -0.68%
- YTD
- 12.20%
- 6M
- 13.86%
- 1Y
- -0.87%
- 3Y*
- 31.41%
- 5Y*
- 30.99%
- 10Y*
- 18.26%
TAP vs. BA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TAP Molson Coors Brewing Company | -8.93% | -15.53% | -3.43% | 22.15% | 14.39% | 4.12% | -15.20% | -0.44% | -29.88% | -14.11% |
BA.L BAE Systems plc | 12.20% | 63.60% | 4.12% | 40.34% | 43.72% | 16.51% | -6.51% | 33.58% | -21.46% | 9.84% |
Correlation
The correlation between TAP and BA.L is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2007 | 0.19 |
The correlation between TAP and BA.L shifts across timeframes, from -0.02 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TAP:
$7.88B
BA.L:
£57.97B
TAP:
-$10.76
BA.L:
£1.33
TAP:
0.73
BA.L:
1.06
TAP:
0.78
BA.L:
4.92
TAP:
$11.19B
BA.L:
£54.65B
TAP:
$4.23B
BA.L:
£4.75B
TAP:
-$1.54B
BA.L:
£7.55B
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Return for Risk
TAP vs. BA.L — Risk / Return Rank
TAP
BA.L
TAP vs. BA.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Molson Coors Brewing Company (TAP) and BAE Systems plc (BA.L). 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 | BA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.03 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 0.07 | -0.64 |
| Martin ratioReturn relative to average drawdown | -1.18 | 0.16 | -1.34 |
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Drawdowns
TAP vs. BA.L - Drawdown Comparison
The maximum TAP drawdown since its inception was -67.73%, which is greater than BA.L's maximum drawdown of -57.18%. Use the drawdown chart below to compare losses from any high point for TAP and BA.L.
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Drawdown Indicators
| TAP | BA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.73% | -57.18% | -10.55% |
Max Drawdown (1Y)Largest decline over 1 year | -27.75% | -22.64% | -5.11% |
Max Drawdown (3Y)Largest decline over 3 years | -39.73% | -22.64% | -17.09% |
Max Drawdown (5Y)Largest decline over 5 years | -39.73% | -22.64% | -17.09% |
Max Drawdown (10Y)Largest decline over 10 years | -67.73% | -41.57% | -26.16% |
Current DrawdownCurrent decline from peak | -51.73% | -16.88% | -34.85% |
Average DrawdownAverage peak-to-trough decline | -22.80% | -18.53% | -4.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.49% | 10.00% | +3.49% |
Volatility
TAP vs. BA.L - Volatility Comparison
The current volatility for Molson Coors Brewing Company (TAP) is 7.28%, while BAE Systems plc (BA.L) has a volatility of 9.11%. This indicates that TAP experiences smaller price fluctuations and is considered to be less risky than BA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TAP | BA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 9.11% | -1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 19.54% | 24.23% | -4.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.09% | 30.85% | -4.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.65% | 27.07% | -1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.50% | 26.84% | +1.66% |
Dividends
TAP vs. BA.L - Dividend Comparison
TAP's dividend yield for the trailing twelve months is around 4.57%, more than BA.L's 1.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA.L BAE Systems plc | 1.90% | 1.99% | 2.69% | 2.53% | 2.99% | 4.40% | 4.75% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% |
TAP Molson Coors Brewing Company | 4.57% | 4.03% | 3.07% | 2.68% | 2.95% | 1.47% | 1.26% | 3.64% | 2.92% | 2.00% | 1.69% | 1.75% |
Financials
TAP vs. BA.L - Financials Comparison
This section allows you to compare key financial metrics between Molson Coors Brewing Company and BAE Systems plc. 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 vs. BA.L - Profitability Comparison
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%.
BA.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a gross profit of 1.35B and revenue of 14.77B. Therefore, the gross margin over that period was 9.2%.
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%.
BA.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported an operating income of 1.35B and revenue of 14.77B, resulting in an operating margin of 9.2%.
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%.
BA.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BAE Systems plc reported a net income of 1.09B and revenue of 14.77B, resulting in a net margin of 7.4%.
Frequently Asked Questions
TAP and BA.L have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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