BIP vs. BIPC
BIP (Brookfield Infrastructure Partners LP) and BIPC (Brookfield Infrastructure Corporation) are both stocks. BIP operates in Utilities - Diversified (Utilities), while BIPC operates in Asset Management (Financial Services). Over the past year, BIP returned 22.23% vs 5.81% for BIPC. A 0.71 correlation means they provide meaningful diversification when combined.
Performance
BIP vs. BIPC - Performance Comparison
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Returns By Period
In the year-to-date period, BIP achieves a 14.34% return, which is significantly higher than BIPC's -7.13% return.
BIP
- 1D
- 0.03%
- 1M
- 9.91%
- YTD
- 14.34%
- 6M
- 9.10%
- 1Y
- 22.23%
- 3Y*
- 7.19%
- 5Y*
- 5.71%
- 10Y*
- 13.56%
BIPC
- 1D
- 0.17%
- 1M
- 12.65%
- YTD
- -7.13%
- 6M
- -10.06%
- 1Y
- 5.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BIP vs. BIPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BIP Brookfield Infrastructure Partners LP | 14.34% | 15.15% | 0.47% |
BIPC Brookfield Infrastructure Corporation | -7.13% | 18.32% | 4.74% |
Correlation
The correlation between BIP and BIPC is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 2024 | 0.71 |
The correlation between BIP and BIPC has been stable across timeframes, ranging from 0.67 to 0.71 - a consistent structural relationship.
Fundamentals
BIP:
$17.85B
BIPC:
$5.50B
BIP:
$0.91
BIPC:
-$6.15
BIP:
0.74
BIPC:
1.40
BIP:
$24.01B
BIPC:
$3.63B
BIP:
$6.49B
BIPC:
$2.30B
BIP:
$11.14B
BIPC:
$2.59B
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Return for Risk
BIP vs. BIPC — Risk / Return Rank
BIP
BIPC
BIP vs. BIPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Infrastructure Partners LP (BIP) and Brookfield Infrastructure Corporation (BIPC). 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 | BIPC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 0.21 | +0.93 |
Sortino ratioReturn per unit of downside risk | 1.69 | 0.45 | +1.23 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.06 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.79 | 0.20 | +1.59 |
Martin ratioReturn relative to average drawdown | 3.87 | 0.56 | +3.31 |
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 | BIPC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 0.21 | +0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.35 | +0.14 |
Drawdowns
BIP vs. BIPC - Drawdown Comparison
The maximum BIP drawdown since its inception was -56.07%, which is greater than BIPC's maximum drawdown of -29.77%. Use the drawdown chart below to compare losses from any high point for BIP and BIPC.
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Drawdown Indicators
| BIP | BIPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.07% | -29.77% | -26.30% |
Max Drawdown (1Y)Largest decline over 1 year | -12.50% | -29.77% | +17.27% |
Max Drawdown (3Y)Largest decline over 3 years | -41.53% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -49.85% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | — | — |
Current DrawdownCurrent decline from peak | -1.20% | -17.32% | +16.12% |
Average DrawdownAverage peak-to-trough decline | -10.26% | -7.78% | -2.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.75% | 10.38% | -4.63% |
Volatility
BIP vs. BIPC - Volatility Comparison
The current volatility for Brookfield Infrastructure Partners LP (BIP) is 5.60%, while Brookfield Infrastructure Corporation (BIPC) has a volatility of 6.92%. This indicates that BIP experiences smaller price fluctuations and is considered to be less risky than BIPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIP | BIPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 6.92% | -1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 15.18% | 22.44% | -7.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.60% | 27.93% | -8.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.67% | 29.72% | -3.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.03% | 29.72% | -1.69% |
Dividends
BIP vs. BIPC - Dividend Comparison
BIP's dividend yield for the trailing twelve months is around 4.56%, more than BIPC's 4.28% 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% |
BIPC Brookfield Infrastructure Corporation | 4.28% | 3.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BIP vs. BIPC - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Infrastructure Partners LP and Brookfield Infrastructure Corporation. 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. BIPC - 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%.
BIPC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Corporation reported a gross profit of 531.53M and revenue of 871.76M. Therefore, the gross margin over that period was 61.0%.
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%.
BIPC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Corporation reported an operating income of 510.82M and revenue of 871.76M, resulting in an operating margin of 58.6%.
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%.
BIPC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Corporation reported a net income of -110.45M and revenue of 871.76M, resulting in a net margin of -12.7%.
Frequently Asked Questions
BIP and BIPC have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIPC has higher volatility (6.92%) compared to BIP (5.60%). In terms of maximum drawdown, BIP dropped -56.07% vs BIPC's -29.77%.
BIP currently has the higher Sharpe Ratio (1.14 vs 0.21), 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.
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