BIP vs. ADP
BIP (Brookfield Infrastructure Partners LP) and ADP (Automatic Data Processing, Inc.) are both stocks. BIP operates in Utilities - Diversified (Utilities), while ADP operates in Staffing & Employment Services (Industrials). Over the past 10 years, BIP returned 13.20%/yr vs 12.40%/yr for ADP. At a 0.31 correlation, their price movements are largely independent.
Performance
BIP vs. ADP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BIP achieves a 12.75% return, which is significantly higher than ADP's -10.66% return. Over the past 10 years, BIP has outperformed ADP with an annualized return of 13.20%, while ADP has yielded a comparatively lower 12.40% annualized return.
BIP
- 1D
- -0.23%
- 1M
- 2.04%
- YTD
- 12.75%
- 6M
- 12.72%
- 1Y
- 21.92%
- 3Y*
- 6.46%
- 5Y*
- 5.90%
- 10Y*
- 13.20%
ADP
- 1D
- 0.96%
- 1M
- 6.27%
- YTD
- -10.66%
- 6M
- -13.64%
- 1Y
- -24.22%
- 3Y*
- 3.25%
- 5Y*
- 4.80%
- 10Y*
- 12.40%
BIP vs. ADP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIP Brookfield Infrastructure Partners LP | 12.75% | 15.15% | 6.40% | 6.64% | -20.73% | 27.77% | 15.45% | 51.38% | -19.15% | 39.72% |
ADP Automatic Data Processing, Inc. | -10.66% | -10.18% | 28.41% | -0.25% | -1.29% | 42.60% | 5.86% | 32.71% | 14.25% | 16.54% |
Correlation
The correlation between BIP and ADP is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2008 | 0.31 |
Over the past year, the correlation between BIP and ADP has dropped to 0.09 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
Fundamentals
BIP:
$17.60B
ADP:
$91.00B
BIP:
$0.91
ADP:
$10.72
BIP:
42.26
ADP:
21.10
BIP:
0.22
ADP:
1.59
BIP:
0.73
ADP:
4.25
BIP:
3.81
ADP:
14.33
BIP:
$24.01B
ADP:
$21.60B
BIP:
$6.49B
ADP:
$10.26B
BIP:
$11.14B
ADP:
$6.51B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BIP vs. ADP — Risk / Return Rank
BIP
ADP
BIP vs. ADP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Infrastructure Partners LP (BIP) and Automatic Data Processing, Inc. (ADP). 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 | ADP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.97 | ||
| Sortino ratioReturn per unit of downside risk | +2.87 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.83 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | -0.65 | +2.15 |
| Martin ratioReturn relative to average drawdown | 3.27 | -1.21 | +4.48 |
Loading charts...
Drawdowns
BIP vs. ADP - Drawdown Comparison
The maximum BIP drawdown since its inception was -56.07%, smaller than the maximum ADP drawdown of -59.51%. Use the drawdown chart below to compare losses from any high point for BIP and ADP.
Loading charts...
Drawdown Indicators
| BIP | ADP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.07% | -59.51% | +3.44% |
Max Drawdown (1Y)Largest decline over 1 year | -12.50% | -38.16% | +25.66% |
Max Drawdown (3Y)Largest decline over 3 years | -41.05% | -40.78% | -0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -49.85% | -40.78% | -9.07% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -40.78% | -10.55% |
Current DrawdownCurrent decline from peak | -2.58% | -28.50% | +25.92% |
Average DrawdownAverage peak-to-trough decline | -10.25% | -12.59% | +2.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.76% | 20.40% | -14.64% |
Volatility
BIP vs. ADP - Volatility Comparison
The current volatility for Brookfield Infrastructure Partners LP (BIP) is 4.97%, while Automatic Data Processing, Inc. (ADP) has a volatility of 9.18%. This indicates that BIP experiences smaller price fluctuations and is considered to be less risky than ADP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BIP | ADP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.97% | 9.18% | -4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 15.04% | 20.54% | -5.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.67% | 24.29% | -4.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.66% | 22.07% | +4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.01% | 24.49% | +3.52% |
Dividends
BIP vs. ADP - Dividend Comparison
BIP's dividend yield for the trailing twelve months is around 4.62%, more than ADP's 3.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADP Automatic Data Processing, Inc. | 2.94% | 2.46% | 1.96% | 2.21% | 1.83% | 1.55% | 2.08% | 1.92% | 2.14% | 2.00% | 2.10% | 2.36% |
BIP Brookfield Infrastructure Partners LP | 4.62% | 4.95% | 5.10% | 4.86% | 4.65% | 3.35% | 3.92% | 4.02% | 5.44% | 3.88% | 4.62% | 5.59% |
Financials
BIP vs. ADP - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Infrastructure Partners LP and Automatic Data Processing, 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 vs. ADP - Profitability Comparison
BIP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Partners LP reported a gross profit of 1.70B and revenue of 6.30B. Therefore, the gross margin over that period was 26.9%.
ADP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Automatic Data Processing, Inc. reported a gross profit of 2.87B and revenue of 5.94B. Therefore, the gross margin over that period was 48.3%.
BIP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Partners LP reported an operating income of 1.59B and revenue of 6.30B, resulting in an operating margin of 25.2%.
ADP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Automatic Data Processing, Inc. reported an operating income of 1.79B and revenue of 5.94B, resulting in an operating margin of 30.1%.
BIP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Partners LP reported a net income of -86.00M and revenue of 6.30B, resulting in a net margin of -1.4%.
ADP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Automatic Data Processing, Inc. reported a net income of 1.36B and revenue of 5.94B, resulting in a net margin of 22.9%.
Frequently Asked Questions
BIP and ADP have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ADP has higher volatility (9.18%) compared to BIP (4.97%). In terms of maximum drawdown, BIP dropped -56.07% vs ADP's -59.51%.
BIP currently has the higher Sharpe Ratio (0.96 vs -1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BIP and ADP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer