BIP-UN.TO vs. GWO.TO
BIP-UN.TO (Brookfield Infrastructure Partners L.P) and GWO.TO (Great-West Lifeco Inc.) are both stocks. BIP-UN.TO operates in Utilities - Diversified (Utilities), while GWO.TO operates in Insurance - Life (Financial Services). Over the past 10 years, BIP-UN.TO returned 30.11%/yr vs 14.86%/yr for GWO.TO. At a 0.18 correlation, their price movements are largely independent.
Performance
BIP-UN.TO vs. GWO.TO - Performance Comparison
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Returns By Period
In the year-to-date period, BIP-UN.TO achieves a 14.93% return, which is significantly lower than GWO.TO's 25.54% return. Over the past 10 years, BIP-UN.TO has outperformed GWO.TO with an annualized return of 30.11%, while GWO.TO has yielded a comparatively lower 14.86% annualized return.
BIP-UN.TO
- 1D
- -0.07%
- 1M
- 3.74%
- YTD
- 14.93%
- 6M
- 14.64%
- 1Y
- 25.40%
- 3Y*
- 8.28%
- 5Y*
- 18.36%
- 10Y*
- 30.11%
GWO.TO
- 1D
- 0.58%
- 1M
- 8.18%
- YTD
- 25.54%
- 6M
- 27.21%
- 1Y
- 69.48%
- 3Y*
- 35.82%
- 5Y*
- 23.88%
- 10Y*
- 14.86%
BIP-UN.TO vs. GWO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIP-UN.TO Brookfield Infrastructure Partners L.P | 14.93% | 10.04% | 15.27% | 4.54% | 27.87% | 27.84% | 14.53% | 46.25% | -11.04% | 33.26% |
GWO.TO Great-West Lifeco Inc. | 25.54% | 48.38% | 14.28% | 47.70% | -12.58% | 31.45% | -2.64% | 24.53% | -15.76% | 4.08% |
Correlation
The correlation between BIP-UN.TO and GWO.TO is -0.08, 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 | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Sep 10, 2009 | 0.18 |
The correlation between BIP-UN.TO and GWO.TO shifts across timeframes, from -0.08 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.
Fundamentals
BIP-UN.TO:
CA$24.64B
GWO.TO:
CA$75.72B
BIP-UN.TO:
$0.91
GWO.TO:
CA$4.85
BIP-UN.TO:
42.33
GWO.TO:
17.20
BIP-UN.TO:
0.22
GWO.TO:
1.91
BIP-UN.TO:
0.74
GWO.TO:
2.21
BIP-UN.TO:
3.82
GWO.TO:
2.80
BIP-UN.TO:
$24.01B
GWO.TO:
CA$34.77B
BIP-UN.TO:
$6.49B
GWO.TO:
CA$15.81B
BIP-UN.TO:
$11.14B
GWO.TO:
CA$6.15B
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Return for Risk
BIP-UN.TO vs. GWO.TO — Risk / Return Rank
BIP-UN.TO
GWO.TO
BIP-UN.TO vs. GWO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Infrastructure Partners L.P (BIP-UN.TO) and Great-West Lifeco Inc. (GWO.TO). 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.
| BIP-UN.TO | GWO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.01 | ||
| Sortino ratioReturn per unit of downside risk | -3.36 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.77 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 5.76 | -3.88 |
| Martin ratioReturn relative to average drawdown | 4.20 | 21.70 | -17.50 |
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Drawdowns
BIP-UN.TO vs. GWO.TO - Drawdown Comparison
The maximum BIP-UN.TO drawdown since its inception was -46.85%, smaller than the maximum GWO.TO drawdown of -67.52%. Use the drawdown chart below to compare losses from any high point for BIP-UN.TO and GWO.TO.
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Drawdown Indicators
| BIP-UN.TO | GWO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.85% | -67.52% | +20.67% |
Max Drawdown (1Y)Largest decline over 1 year | -11.91% | -12.34% | +0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -38.40% | -12.82% | -25.58% |
Max Drawdown (5Y)Largest decline over 5 years | -44.39% | -27.64% | -16.75% |
Max Drawdown (10Y)Largest decline over 10 years | -46.85% | -44.96% | -1.89% |
Current DrawdownCurrent decline from peak | -1.43% | 0.00% | -1.43% |
Average DrawdownAverage peak-to-trough decline | -6.46% | -11.31% | +4.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.33% | 3.27% | +2.06% |
Volatility
BIP-UN.TO vs. GWO.TO - Volatility Comparison
Brookfield Infrastructure Partners L.P (BIP-UN.TO) and Great-West Lifeco Inc. (GWO.TO) have volatilities of 4.57% and 4.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIP-UN.TO | GWO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.57% | 4.80% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 14.01% | 12.35% | +1.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.22% | 16.77% | +1.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.95% | 16.64% | +16.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.57% | 20.75% | +17.82% |
Dividends
BIP-UN.TO vs. GWO.TO - Dividend Comparison
BIP-UN.TO's dividend yield for the trailing twelve months is around 4.55%, more than GWO.TO's 3.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIP-UN.TO Brookfield Infrastructure Partners L.P | 4.55% | 5.04% | 4.85% | 5.00% | 4.23% | 3.97% | 5.61% | 5.62% | 6.65% | 5.64% | 5.16% | 10.13% |
GWO.TO Great-West Lifeco Inc. | 3.07% | 3.60% | 4.66% | 4.74% | 6.26% | 4.75% | 5.77% | 4.97% | 5.52% | 4.18% | 3.94% | 3.78% |
Financials
BIP-UN.TO vs. GWO.TO - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Infrastructure Partners L.P and Great-West Lifeco Inc.. 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
BIP-UN.TO vs. GWO.TO - Profitability Comparison
BIP-UN.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Partners L.P reported a gross profit of 1.70B and revenue of 6.30B. Therefore, the gross margin over that period was 26.9%.
GWO.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Great-West Lifeco Inc. reported a gross profit of 3.62B and revenue of 7.73B. Therefore, the gross margin over that period was 46.9%.
BIP-UN.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Partners L.P reported an operating income of 1.59B and revenue of 6.30B, resulting in an operating margin of 25.2%.
GWO.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Great-West Lifeco Inc. reported an operating income of 1.61B and revenue of 7.73B, resulting in an operating margin of 20.8%.
BIP-UN.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Partners L.P reported a net income of -86.00M and revenue of 6.30B, resulting in a net margin of -1.4%.
GWO.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Great-West Lifeco Inc. reported a net income of 1.24B and revenue of 7.73B, resulting in a net margin of 16.1%.
Frequently Asked Questions
BIP-UN.TO and GWO.TO have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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