TAP vs TOMZ: Correlation
Molson Coors Beverage Company (TAP) and TOMI Environmental Solutions, Inc. (TOMZ) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TAP and TOMZ?
Over the past 3 years, TAP and TOMZ moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.37) sits close to the 3-year figure. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -454.2 %².
Among the 38 assets we track against TAP, TOMZ sits near the bottom by co-movement, at rank #38. The trailing year gives TAP the advantage: -15.0% versus -28.9%, a 13.9-point spread. Risk is not evenly split, since TOMZ carries 2.9 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
TAP vs TOMZ: side by side
| TAP (Molson Coors Beverage Company) | TOMZ (TOMI Environmental Solutions, Inc.) | |
|---|---|---|
| 1-year return | -15.0% | -28.9% |
| 5-year return | +3.9% | -66.5% |
| Volatility (ann.) | 23.9% | 68.9% |
| Beta vs S&P 500 | 0.15 | 1.00 |
| Max drawdown (3Y) | -38.8% | -61.6% |
| Market cap | $7.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 4.51% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | TAP | TOMZ |
|---|---|---|
| 2022 | +14.4% | -70.3% |
| 2023 | +22.2% | +106.1% |
| 2024 | -3.4% | +4.0% |
| 2025 | -15.5% | -25.7% |
| 2026 | -8.8% | -24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TAP and TOMZ good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TAP and TOMZ?
As of 2026-08-27, the correlation of weekly returns between TAP and TOMZ is -0.28 over 3 years, -0.37 over 1 year and -0.16 over 5 years.
Is TOMZ a good diversifier for TAP?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tap-vs-tomz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tap-vs-tomz/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TAP correlations · TOMZ correlations
