BIP-PF.TO vs. BIP
BIP-PF.TO (Brookfield Infrastructure Partners L.P.) and BIP (Brookfield Infrastructure Partners LP) are both stocks. Both operate in the Utilities - Diversified industry within the Utilities sector. Over the past 5 years, BIP-PF.TO returned 6.55%/yr vs 8.79%/yr for BIP. At a 0.11 correlation, their price movements are largely independent.
Performance
BIP-PF.TO vs. BIP - Performance Comparison
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Different Trading Currencies
BIP-PF.TO is traded in CAD, while BIP is traded in USD. To make them comparable, the BIP values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BIP-PF.TO achieves a 4.03% return, which is significantly lower than BIP's 16.08% return.
BIP-PF.TO
- 1D
- -0.04%
- 1M
- 2.07%
- YTD
- 4.03%
- 6M
- 5.93%
- 1Y
- 11.15%
- 3Y*
- 18.14%
- 5Y*
- 6.55%
- 10Y*
- —
BIP
- 1D
- -0.38%
- 1M
- 8.07%
- YTD
- 16.08%
- 6M
- 12.52%
- 1Y
- 24.34%
- 3Y*
- 8.79%
- 5Y*
- 8.79%
- 10Y*
- 14.39%
BIP-PF.TO vs. BIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BIP-PF.TO Brookfield Infrastructure Partners L.P. | 4.03% | 16.92% | 28.47% | 8.97% | -21.39% | 13.03% | 14.82% | 5.18% | -8.59% |
BIP Brookfield Infrastructure Partners LP | 16.08% | 9.87% | 15.54% | 4.30% | -15.08% | 26.62% | 13.50% | 43.94% | -6.98% |
Correlation
The correlation between BIP-PF.TO and BIP is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2018 | 0.11 |
The correlation between BIP-PF.TO and BIP shifts across timeframes, from -0.01 (1 year) to 0.13 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
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Return for Risk
BIP-PF.TO vs. BIP — Risk / Return Rank
BIP-PF.TO
BIP
BIP-PF.TO vs. BIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Infrastructure Partners L.P. (BIP-PF.TO) and Brookfield Infrastructure Partners LP (BIP). 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.
| BIP-PF.TO | BIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.23 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.60 | 2.01 | +1.59 |
| Martin ratioReturn relative to average drawdown | 10.91 | 4.52 | +6.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BIP-PF.TO | BIP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 1.30 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.36 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.85 | -0.47 |
Drawdowns
BIP-PF.TO vs. BIP - Drawdown Comparison
The maximum BIP-PF.TO drawdown since its inception was -36.04%, smaller than the maximum BIP drawdown of -46.79%. Use the drawdown chart below to compare losses from any high point for BIP-PF.TO and BIP.
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Drawdown Indicators
| BIP-PF.TO | BIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.04% | -46.79% | +10.75% |
Max Drawdown (1Y)Largest decline over 1 year | -3.13% | -12.18% | +9.05% |
Max Drawdown (3Y)Largest decline over 3 years | -16.03% | -39.14% | +23.11% |
Max Drawdown (5Y)Largest decline over 5 years | -24.81% | -44.37% | +19.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.79% | — |
Current DrawdownCurrent decline from peak | -1.07% | -0.38% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -7.19% | -6.61% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 5.39% | -4.36% |
Volatility
BIP-PF.TO vs. BIP - Volatility Comparison
The current volatility for Brookfield Infrastructure Partners L.P. (BIP-PF.TO) is 2.25%, while Brookfield Infrastructure Partners LP (BIP) has a volatility of 4.94%. This indicates that BIP-PF.TO experiences smaller price fluctuations and is considered to be less risky than BIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIP-PF.TO | BIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.25% | 4.94% | -2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 5.10% | 14.77% | -9.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.44% | 18.80% | -11.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.00% | 24.62% | -9.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.08% | 26.08% | -8.00% |
Dividends
BIP-PF.TO vs. BIP - Dividend Comparison
BIP-PF.TO's dividend yield for the trailing twelve months is around 6.23%, more than BIP's 4.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIP Brookfield Infrastructure Partners LP | 4.56% | 4.95% | 5.10% | 4.86% | 4.65% | 3.35% | 3.92% | 4.02% | 5.44% | 3.88% | 4.62% | 5.59% |
BIP-PF.TO Brookfield Infrastructure Partners L.P. | 6.23% | 6.28% | 6.88% | 6.50% | 6.64% | 4.95% | 5.31% | 5.76% | 1.72% | 0.00% | 0.00% | 0.00% |
Financials
BIP-PF.TO vs. BIP - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Infrastructure Partners L.P. and Brookfield Infrastructure Partners LP. 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
BIP-PF.TO and BIP have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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