TAP vs TSN: Correlation
Molson Coors Beverage Company (TAP) and Tyson Foods (TSN) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TAP and TSN?
On 3 years of weekly data the TAP/TSN correlation comes out at 0.44, moderate. Recent behaviour matches the longer record: 0.45 over 1 year against 0.44 over 3. The 5-year figure is 0.37, and annualized covariance runs at 238.2 %².
By 3-year correlation, TSN places #15 of the 38 assets tracked against TAP. The trailing year gives TSN the advantage: -15.0% versus -0.3%, a 14.7-point spread. Across three years, the rolling one-year figure varied moderately, from 0.12 to 0.51.
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 TSN: side by side
| TAP (Molson Coors Beverage Company) | TSN (Tyson Foods) | |
|---|---|---|
| 1-year return | -15.0% | -0.3% |
| 5-year return | +3.9% | -17.3% |
| Volatility (ann.) | 23.9% | 22.8% |
| Beta vs S&P 500 | 0.15 | 0.19 |
| Max drawdown (3Y) | -38.8% | -20.3% |
| Market cap | $7.8B | $19.5B |
| P/E (trailing) | – | 35.0 |
| Dividend yield | 4.51% | 0.88% |
| Sector / category | Consumer Staples | Consumer Staples |
Year-by-year returns
| Year | TAP | TSN |
|---|---|---|
| 2022 | +14.4% | -26.9% |
| 2023 | +22.2% | -10.4% |
| 2024 | -3.4% | +10.5% |
| 2025 | -15.5% | +5.7% |
| 2026 | -8.8% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TAP and TSN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TAP and TSN?
The TAP/TSN correlation stands at 0.44 on a 3-year window (1 year: 0.45, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is TSN a good diversifier for TAP?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/tap-vs-tsn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tap-vs-tsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TAP correlations · TSN correlations
