BIP vs. CNP
BIP (Brookfield Infrastructure Partners L.P.) and CNP (CenterPoint Energy, Inc.) are both stocks. Both are in the Utilities sector — BIP in Utilities - Diversified, CNP in Utilities - Regulated Gas. Over the past 10 years, BIP returned 12.50%/yr vs 9.68%/yr for CNP. At a 0.31 correlation, their price movements are largely independent.
Performance
BIP vs. CNP - Performance Comparison
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Returns By Period
In the year-to-date period, BIP achieves a 13.16% return, which is significantly lower than CNP's 14.81% return. Over the past 10 years, BIP has outperformed CNP with an annualized return of 12.50%, while CNP has yielded a comparatively lower 9.68% annualized return.
BIP
- 1D
- 0.97%
- 1M
- 0.36%
- 6M
- 16.86%
- YTD
- 13.16%
- 1Y
- 24.48%
- 3Y*
- 8.81%
- 5Y*
- 5.40%
- 10Y*
- 12.50%
CNP
- 1D
- 0.51%
- 1M
- 1.49%
- 6M
- 16.18%
- YTD
- 14.81%
- 1Y
- 23.19%
- 3Y*
- 16.33%
- 5Y*
- 14.17%
- 10Y*
- 9.68%
BIP vs. CNP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIP Brookfield Infrastructure Partners L.P. | 13.16% | 15.15% | 6.40% | 6.64% | -20.73% | 27.77% | 15.45% | 51.38% | -19.15% | 39.72% |
CNP CenterPoint Energy, Inc. | 14.81% | 23.74% | 14.28% | -2.12% | 10.00% | 32.41% | -17.98% | 0.61% | 3.70% | 19.58% |
Correlation
The correlation between BIP and CNP is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
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 CNP has dropped to 0.06 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
Fundamentals
BIP:
$17.40B
CNP:
$28.48B
BIP:
$0.91
CNP:
$1.63
BIP:
41.53
CNP:
26.71
BIP:
0.72
CNP:
3.04
BIP:
3.75
CNP:
2.51
BIP:
$24.01B
CNP:
$9.41B
BIP:
$6.49B
CNP:
$3.89B
BIP:
$11.14B
CNP:
$3.81B
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Return for Risk
BIP vs. CNP — Risk / Return Rank
BIP
CNP
BIP vs. CNP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Infrastructure Partners L.P. (BIP) and CenterPoint Energy, Inc. (CNP). 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 | CNP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 3.45 | -1.58 |
| Martin ratioReturn relative to average drawdown | 4.80 | 8.25 | -3.45 |
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Drawdowns
BIP vs. CNP - Drawdown Comparison
The maximum BIP drawdown since its inception was -56.07%, smaller than the maximum CNP drawdown of -89.94%. Use the drawdown chart below to compare losses from any high point for BIP and CNP.
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Drawdown Indicators
| BIP | CNP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.07% | -89.94% | +33.87% |
Max Drawdown (1Y)Largest decline over 1 year | -12.25% | -6.67% | -5.58% |
Max Drawdown (3Y)Largest decline over 3 years | -40.19% | -18.14% | -22.05% |
Max Drawdown (5Y)Largest decline over 5 years | -49.85% | -22.81% | -27.04% |
Max Drawdown (10Y)Largest decline over 10 years | -51.33% | -59.80% | +8.47% |
Current DrawdownCurrent decline from peak | -2.23% | -3.33% | +1.10% |
Average DrawdownAverage peak-to-trough decline | -10.22% | -32.29% | +22.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 2.79% | +2.17% |
Volatility
BIP vs. CNP - Volatility Comparison
Brookfield Infrastructure Partners L.P. (BIP) has a higher volatility of 6.47% compared to CenterPoint Energy, Inc. (CNP) at 5.17%. This indicates that BIP's price experiences larger fluctuations and is considered to be riskier than CNP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIP | CNP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.47% | 5.17% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 15.50% | 12.73% | +2.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.88% | 16.56% | +3.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.75% | 19.74% | +7.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.96% | 25.89% | +2.07% |
Dividends
BIP vs. CNP - Dividend Comparison
BIP's dividend yield for the trailing twelve months is around 6.73%, more than CNP's 2.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIP Brookfield Infrastructure Partners L.P. | 6.73% | 4.95% | 5.10% | 4.86% | 4.65% | 3.35% | 3.92% | 4.02% | 5.44% | 3.88% | 4.62% | 5.59% |
CNP CenterPoint Energy, Inc. | 2.07% | 2.30% | 2.55% | 2.70% | 2.33% | 2.33% | 3.42% | 4.22% | 3.93% | 3.77% | 4.18% | 5.39% |
Financials
BIP vs. CNP - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Infrastructure Partners L.P. and CenterPoint Energy, 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. CNP - Profitability Comparison
BIP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
CNP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, CenterPoint Energy, Inc. reported a gross profit of 2.00B and revenue of 2.98B. Therefore, the gross margin over that period was 67.4%.
BIP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 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%.
CNP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, CenterPoint Energy, Inc. reported an operating income of 658.00M and revenue of 2.98B, resulting in an operating margin of 22.1%.
BIP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 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%.
CNP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, CenterPoint Energy, Inc. reported a net income of 316.00M and revenue of 2.98B, resulting in a net margin of 10.6%.
Frequently Asked Questions
BIP and CNP have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIP has higher volatility (6.47%) compared to CNP (5.17%). In terms of maximum drawdown, BIP dropped -56.07% vs CNP's -89.94%.
CNP currently has the higher Sharpe Ratio (1.39 vs 1.15), 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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