TAP vs. LAC
TAP (Molson Coors Brewing Company) and LAC (Lithium Americas Corp.) are both stocks. TAP operates in Beverages - Brewers (Consumer Defensive), while LAC operates in Other Industrial Metals & Mining (Basic Materials). Over the past year, TAP returned -14.29% vs 71.70% for LAC. At a 0.11 correlation, their price movements are largely independent.
Performance
TAP vs. LAC - 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 LAC's 4.36% 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%
LAC
- 1D
- 3.17%
- 1M
- -9.18%
- YTD
- 4.36%
- 6M
- -11.13%
- 1Y
- 71.70%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TAP vs. LAC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TAP Molson Coors Brewing Company | -8.93% | -15.53% | -3.43% | -3.08% |
LAC Lithium Americas Corp. | 4.36% | 46.80% | -53.59% | -27.19% |
Correlation
The correlation between TAP and LAC 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 (All Time) Calculated using the full available price history since Oct 2, 2023 | 0.11 |
The correlation between TAP and LAC shifts across timeframes, from -0.02 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TAP:
$7.88B
LAC:
$1.61B
TAP:
-$10.76
LAC:
-$0.28
TAP:
0.78
LAC:
1.19
TAP:
$11.19B
LAC:
$0.00
TAP:
$4.23B
LAC:
-$580.22K
TAP:
-$1.54B
LAC:
-$52.10M
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Return for Risk
TAP vs. LAC — Risk / Return Rank
TAP
LAC
TAP vs. LAC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Molson Coors Brewing Company (TAP) and Lithium Americas Corp. (LAC). 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 | LAC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.93 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.25 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 1.16 | -1.74 |
| Martin ratioReturn relative to average drawdown | -1.18 | 1.77 | -2.95 |
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Drawdowns
TAP vs. LAC - Drawdown Comparison
The maximum TAP drawdown since its inception was -67.73%, smaller than the maximum LAC drawdown of -81.83%. Use the drawdown chart below to compare losses from any high point for TAP and LAC.
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Drawdown Indicators
| TAP | LAC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.73% | -81.83% | +14.10% |
Max Drawdown (1Y)Largest decline over 1 year | -27.75% | -63.08% | +35.33% |
Max Drawdown (3Y)Largest decline over 3 years | -39.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -39.73% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -67.73% | — | — |
Current DrawdownCurrent decline from peak | -51.73% | -61.18% | +9.45% |
Average DrawdownAverage peak-to-trough decline | -22.80% | -63.13% | +40.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.49% | 41.47% | -27.98% |
Volatility
TAP vs. LAC - Volatility Comparison
The current volatility for Molson Coors Brewing Company (TAP) is 7.28%, while Lithium Americas Corp. (LAC) has a volatility of 22.78%. This indicates that TAP experiences smaller price fluctuations and is considered to be less risky than LAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TAP | LAC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 22.78% | -15.50% |
Volatility (6M)Calculated over the trailing 6-month period | 19.54% | 53.55% | -34.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.09% | 132.17% | -106.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.65% | 101.55% | -75.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.50% | 101.55% | -73.05% |
Dividends
TAP vs. LAC - Dividend Comparison
TAP's dividend yield for the trailing twelve months is around 4.57%, while LAC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAC Lithium Americas Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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. LAC - Financials Comparison
This section allows you to compare key financial metrics between Molson Coors Brewing Company and Lithium Americas Corp.. 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
Frequently Asked Questions
TAP and LAC 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.
LAC has higher volatility (22.78%) compared to TAP (7.28%). In terms of maximum drawdown, TAP dropped -67.73% vs LAC's -81.83%.
LAC currently has the higher Sharpe Ratio (0.56 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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