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BIP-UN.TO vs. XIC.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BIP-UN.TO vs. XIC.TO

Last updated Jun 5, 2026

BIP-UN.TO (Brookfield Infrastructure Partners L.P) is a stock, while XIC.TO (iShares Core S&P/TSX Capped Composite Index ETF) is Canada Equities fund tracking the S&P/TSX Capped Composite Index. Over the past 10 years, BIP-UN.TO returned 16.51%/yr vs 12.57%/yr for XIC.TO. At a 0.36 correlation, their price movements are largely independent.

Performance

BIP-UN.TO vs. XIC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brookfield Infrastructure Partners L.P (BIP-UN.TO) and iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BIP-UN.TO achieves a 17.30% return, which is significantly higher than XIC.TO's 12.10% return. Over the past 10 years, BIP-UN.TO has outperformed XIC.TO with an annualized return of 16.51%, while XIC.TO has yielded a comparatively lower 12.57% annualized return.

BIP-UN.TO

1D
0.43%
1M
11.57%
YTD
17.30%
6M
11.74%
1Y
26.48%
3Y*
11.02%
5Y*
10.83%
10Y*
16.51%

XIC.TO

1D
1.22%
1M
5.07%
YTD
12.10%
6M
13.12%
1Y
36.92%
3Y*
24.30%
5Y*
14.88%
10Y*
12.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BIP-UN.TO vs. XIC.TO - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BIP-UN.TO
Brookfield Infrastructure Partners L.P		17.30%12.33%17.68%6.51%-14.06%28.76%13.73%47.33%-9.97%34.02%
XIC.TO
iShares Core S&P/TSX Capped Composite Index ETF		12.10%31.51%21.48%11.73%-5.82%23.42%5.61%22.76%-8.72%8.99%

Correlation

The correlation between BIP-UN.TO and XIC.TO is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.34

Correlation (3Y)
Calculated over the trailing 3-year period

0.55

Correlation (5Y)
Calculated over the trailing 5-year period

0.48

Correlation (10Y)
Calculated over the trailing 10-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Sep 28, 2009

0.36

The correlation between BIP-UN.TO and XIC.TO shifts across timeframes, from 0.34 (1 year) to 0.55 (3 years), reflecting how their relationship changes across market environments.

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Brookfield Infrastructure Partners L.P

iShares Core S&P/TSX Capped Composite Index ETF

Often compared with BIP-UN.TO:
BIP-UN.TO vs. BIPCBIP-UN.TO vs. BEP-UN.TOBIP-UN.TO vs. FTS.TOBIP-UN.TO vs. BIPBIP-UN.TO vs. ATD.TOBIP-UN.TO vs. EIF.TOBIP-UN.TO vs. SPY
Often compared with XIC.TO:
XIC.TO vs. XIU.TOXIC.TO vs. VDY.TOXIC.TO vs. ZCN.TOXIC.TO vs. VCE.TOXIC.TO vs. XEF.TOXIC.TO vs. VEQT.TOXIC.TO vs. VO

Return for Risk

BIP-UN.TO vs. XIC.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BIP-UN.TO
BIP-UN.TO Risk / Return Rank: 7777
Overall Rank
BIP-UN.TO Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
BIP-UN.TO Sortino Ratio Rank: 7676
Sortino Ratio Rank
BIP-UN.TO Omega Ratio Rank: 7474
Omega Ratio Rank
BIP-UN.TO Calmar Ratio Rank: 7777
Calmar Ratio Rank
BIP-UN.TO Martin Ratio Rank: 7676
Martin Ratio Rank
XIC.TO
XIC.TO Risk / Return Rank: 8585
Overall Rank
XIC.TO Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
XIC.TO Sortino Ratio Rank: 8585
Sortino Ratio Rank
XIC.TO Omega Ratio Rank: 8686
Omega Ratio Rank
XIC.TO Calmar Ratio Rank: 7979
Calmar Ratio Rank
XIC.TO Martin Ratio Rank: 8787
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BIP-UN.TO vs. XIC.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 iShares Core S&P/TSX Capped Composite Index ETF (XIC.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.

BIP-UN.TOXIC.TODifference
Sharpe ratioReturn per unit of total volatility
1.46
2.92

-1.46

Sortino ratioReturn per unit of downside risk
2.08
3.75

-1.68

Omega ratioGain probability vs. loss probability

1.25

1.53

-0.27

Calmar ratioReturn relative to maximum drawdown

2.23

3.99

-1.76

Martin ratioReturn relative to average drawdown

5.02

18.51

-13.49

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIP-UN.TO vs. XIC.TO - Sharpe Ratio Comparison

The current BIP-UN.TO Sharpe Ratio is 1.46, which is lower than the XIC.TO Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of BIP-UN.TO and XIC.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BIP-UN.TOXIC.TODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.46

2.92

-1.46

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.44

1.14

-0.69

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.84

-0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.86

0.54

+0.32

Drawdowns

BIP-UN.TO vs. XIC.TO - Drawdown Comparison

The maximum BIP-UN.TO drawdown since its inception was -46.93%, roughly equal to the maximum XIC.TO drawdown of -48.21%. Use the drawdown chart below to compare losses from any high point for BIP-UN.TO and XIC.TO.

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Drawdown Indicators

BIP-UN.TOXIC.TODifference

Max Drawdown

Largest peak-to-trough decline

-46.93%

-48.21%

+1.28%

Max Drawdown (1Y)

Largest decline over 1 year

-11.91%

-9.29%

-2.62%

Max Drawdown (3Y)

Largest decline over 3 years

-38.89%

-12.27%

-26.62%

Max Drawdown (5Y)

Largest decline over 5 years

-43.43%

-16.24%

-27.19%

Max Drawdown (10Y)

Largest decline over 10 years

-46.93%

-37.21%

-9.72%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-6.11%

-7.04%

+0.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.29%

2.00%

+3.29%

Volatility

BIP-UN.TO vs. XIC.TO - Volatility Comparison

Brookfield Infrastructure Partners L.P (BIP-UN.TO) has a higher volatility of 5.09% compared to iShares Core S&P/TSX Capped Composite Index ETF (XIC.TO) at 3.61%. This indicates that BIP-UN.TO's price experiences larger fluctuations and is considered to be riskier than XIC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BIP-UN.TOXIC.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.09%

3.61%

+1.48%

Volatility (6M)

Calculated over the trailing 6-month period

14.14%

10.39%

+3.75%

Volatility (1Y)

Calculated over the trailing 1-year period

18.18%

12.71%

+5.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.56%

13.14%

+11.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.37%

14.96%

+11.41%

Dividends

BIP-UN.TO vs. XIC.TO - Dividend Comparison

BIP-UN.TO's dividend yield for the trailing twelve months is around 6.26%, more than XIC.TO's 2.00% yield.

PositionTTM20252024202320222021202020192018201720162015
BIP-UN.TO
Brookfield Infrastructure Partners L.P		6.26%7.00%6.74%6.91%6.21%4.60%5.85%6.32%7.93%6.14%6.97%7.97%
XIC.TO
iShares Core S&P/TSX Capped Composite Index ETF		2.00%2.23%2.64%2.95%3.10%2.44%3.03%3.01%3.19%2.49%2.72%3.21%

Frequently Asked Questions

BIP-UN.TO and XIC.TO have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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