TAP vs. VOO
TAP (Molson Coors Brewing Company) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, TAP returned -6.26%/yr vs 15.77%/yr for VOO. At a 0.42 correlation, their price movements are largely independent.
Performance
TAP vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, TAP achieves a -13.18% return, which is significantly lower than VOO's 9.75% return. Over the past 10 years, TAP has underperformed VOO with an annualized return of -6.26%, while VOO has yielded a comparatively higher 15.77% annualized return.
TAP
- 1D
- 0.61%
- 1M
- -5.72%
- YTD
- -13.18%
- 6M
- -12.94%
- 1Y
- -13.97%
- 3Y*
- -12.76%
- 5Y*
- -3.18%
- 10Y*
- -6.26%
VOO
- 1D
- -0.29%
- 1M
- 0.08%
- YTD
- 9.75%
- 6M
- 9.30%
- 1Y
- 26.77%
- 3Y*
- 21.36%
- 5Y*
- 13.58%
- 10Y*
- 15.77%
TAP vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TAP Molson Coors Brewing Company | -13.18% | -15.53% | -3.43% | 22.15% | 14.39% | 4.12% | -15.20% | -0.44% | -29.88% | -14.11% |
VOO Vanguard S&P 500 ETF | 9.75% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between TAP and VOO is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.42 |
The correlation between TAP and VOO shifts across timeframes, from -0.03 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
TAP vs. VOO — Risk / Return Rank
TAP
VOO
TAP vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Molson Coors Brewing Company (TAP) and Vanguard S&P 500 ETF (VOO). 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 | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.71 | ||
| Sortino ratioReturn per unit of downside risk | -3.53 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.39 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 3.02 | -3.53 |
| Martin ratioReturn relative to average drawdown | -1.01 | 13.58 | -14.59 |
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Drawdowns
TAP vs. VOO - Drawdown Comparison
The maximum TAP drawdown since its inception was -67.73%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TAP and VOO.
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Drawdown Indicators
| TAP | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.73% | -33.99% | -33.74% |
Max Drawdown (1Y)Largest decline over 1 year | -27.75% | -8.90% | -18.85% |
Max Drawdown (3Y)Largest decline over 3 years | -39.73% | -18.69% | -21.04% |
Max Drawdown (5Y)Largest decline over 5 years | -39.73% | -24.52% | -15.21% |
Max Drawdown (10Y)Largest decline over 10 years | -67.73% | -33.99% | -33.74% |
Current DrawdownCurrent decline from peak | -53.98% | -1.74% | -52.24% |
Average DrawdownAverage peak-to-trough decline | -22.81% | -3.68% | -19.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.85% | 1.98% | +11.87% |
Volatility
TAP vs. VOO - Volatility Comparison
Molson Coors Brewing Company (TAP) has a higher volatility of 7.79% compared to Vanguard S&P 500 ETF (VOO) at 4.60%. This indicates that TAP's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TAP | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.79% | 4.60% | +3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 19.96% | 9.73% | +10.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.31% | 12.39% | +13.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.60% | 16.90% | +8.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.54% | 18.05% | +10.49% |
Dividends
TAP vs. VOO - Dividend Comparison
TAP's dividend yield for the trailing twelve months is around 4.79%, more than VOO's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TAP Molson Coors Brewing Company | 4.79% | 4.03% | 3.07% | 2.68% | 2.95% | 1.47% | 1.26% | 3.64% | 2.92% | 2.00% | 1.69% | 1.75% |
VOO Vanguard S&P 500 ETF | 1.04% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
TAP and VOO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TAP has higher volatility (7.79%) compared to VOO (4.60%). In terms of maximum drawdown, TAP dropped -67.73% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (2.17 vs -0.53), 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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