TAP vs. BF-B
TAP (Molson Coors Brewing Company) and BF-B (Brown-Forman Corporation) are both stocks. Both are in the Consumer Defensive sector — TAP in Beverages - Brewers, BF-B in Beverages - Wineries & Distilleries. Over the past 10 years, TAP returned -6.04%/yr vs -1.85%/yr for BF-B. At a 0.36 correlation, their price movements are largely independent.
Performance
TAP vs. BF-B - Performance Comparison
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Returns By Period
In the year-to-date period, TAP achieves a -8.93% return, which is significantly lower than BF-B's 5.51% return. Over the past 10 years, TAP has underperformed BF-B with an annualized return of -6.04%, while BF-B has yielded a comparatively higher -1.85% annualized return.
TAP
- 1D
- 1.59%
- 1M
- 1.59%
- YTD
- -8.93%
- 6M
- -10.69%
- 1Y
- -15.83%
- 3Y*
- -12.05%
- 5Y*
- -4.02%
- 10Y*
- -6.04%
BF-B
- 1D
- 1.24%
- 1M
- 4.15%
- YTD
- 5.51%
- 6M
- -10.61%
- 1Y
- 2.34%
- 3Y*
- -23.61%
- 5Y*
- -16.79%
- 10Y*
- -1.85%
TAP vs. BF-B - 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% |
BF-B Brown-Forman Corporation | 5.51% | -29.29% | -32.23% | -11.91% | -8.86% | -6.07% | 18.67% | 43.78% | -10.98% | 55.01% |
Correlation
The correlation between TAP and BF-B is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 1984 | 0.36 |
Over the past year, TAP and BF-B have become more correlated (0.61) than their long-term average of 0.36, meaning their price movements have been converging.
Fundamentals
TAP:
-$10.76
BF-B:
$1.71
TAP:
0.73
BF-B:
3.27
TAP:
$11.19B
BF-B:
$3.91B
TAP:
$4.23B
BF-B:
$2.32B
TAP:
-$1.54B
BF-B:
$1.19B
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Return for Risk
TAP vs. BF-B — Risk / Return Rank
TAP
BF-B
TAP vs. BF-B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Molson Coors Brewing Company (TAP) and Brown-Forman Corporation (BF-B). 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 | BF-B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.67 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.05 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 0.09 | -0.67 |
| Martin ratioReturn relative to average drawdown | -1.18 | 0.21 | -1.39 |
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Drawdowns
TAP vs. BF-B - Drawdown Comparison
The maximum TAP drawdown since its inception was -67.73%, roughly equal to the maximum BF-B drawdown of -68.96%. Use the drawdown chart below to compare losses from any high point for TAP and BF-B.
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Drawdown Indicators
| TAP | BF-B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.73% | -68.96% | +1.23% |
Max Drawdown (1Y)Largest decline over 1 year | -27.75% | -25.48% | -2.27% |
Max Drawdown (3Y)Largest decline over 3 years | -39.73% | -65.65% | +25.92% |
Max Drawdown (5Y)Largest decline over 5 years | -39.73% | -68.31% | +28.58% |
Max Drawdown (10Y)Largest decline over 10 years | -67.73% | -68.96% | +1.23% |
Current DrawdownCurrent decline from peak | -51.73% | -62.90% | +11.17% |
Average DrawdownAverage peak-to-trough decline | -22.80% | -11.62% | -11.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.49% | 11.15% | +2.34% |
Volatility
TAP vs. BF-B - Volatility Comparison
Molson Coors Brewing Company (TAP) and Brown-Forman Corporation (BF-B) have volatilities of 7.28% and 7.06%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TAP | BF-B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 7.06% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 19.54% | 31.18% | -11.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.09% | 38.27% | -12.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.65% | 29.83% | -4.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.50% | 28.01% | +0.49% |
Dividends
TAP vs. BF-B - Dividend Comparison
TAP's dividend yield for the trailing twelve months is around 4.57%, more than BF-B's 3.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BF-B Brown-Forman Corporation | 3.40% | 3.49% | 2.32% | 1.46% | 1.17% | 2.37% | 0.88% | 0.99% | 3.10% | 1.09% | 1.54% | 1.29% |
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. BF-B - Financials Comparison
This section allows you to compare key financial metrics between Molson Coors Brewing Company and Brown-Forman Corporation. 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. BF-B - 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%.
BF-B - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brown-Forman Corporation reported a gross profit of 640.00M and revenue of 1.06B. Therefore, the gross margin over that period was 60.6%.
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%.
BF-B - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brown-Forman Corporation reported an operating income of 343.00M and revenue of 1.06B, resulting in an operating margin of 32.5%.
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%.
BF-B - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brown-Forman Corporation reported a net income of 267.00M and revenue of 1.06B, resulting in a net margin of 25.3%.
Frequently Asked Questions
TAP and BF-B have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TAP has higher volatility (7.28%) compared to BF-B (7.06%). In terms of maximum drawdown, TAP dropped -67.73% vs BF-B's -68.96%.
BF-B currently has the higher Sharpe Ratio (0.06 vs -0.61), 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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