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 13.71%/yr vs 9.40%/yr for CNP. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
BIP vs. CNP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BIP achieves a 25.51% return, which is significantly higher than CNP's 10.86% return. Over the past 10 years, BIP has outperformed CNP with an annualized return of 13.71%, while CNP has yielded a comparatively lower 9.40% annualized return.
BIP
- 1D
- -1.49%
- 1M
- 12.83%
- 6M
- 20.62%
- YTD
- 25.51%
- 1Y
- 43.65%
- 3Y*
- 12.49%
- 5Y*
- 8.28%
- 10Y*
- 13.71%
- ALL TIME*
- 15.30%
CNP
- 1D
- -0.26%
- 1M
- -5.76%
- 6M
- 7.09%
- YTD
- 10.86%
- 1Y
- 10.76%
- 3Y*
- 15.48%
- 5Y*
- 13.38%
- 10Y*
- 9.40%
- ALL TIME*
- 4.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $61.30M | $44.61M | $33.88M | |
| $272.22M | $285.72M | $265.49M |
BIP vs. CNP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIP Brookfield Infrastructure Partners L.P. | 25.51% | 15.15% | 6.40% | 6.64% | -20.73% | 27.77% | 15.45% | 51.38% | -19.15% | 39.72% |
CNP CenterPoint Energy, Inc. | 10.86% | 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 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.29 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
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 0.08 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
Fundamentals
BIP:
$19.23B
CNP:
$27.69B
BIP:
$0.88
CNP:
$1.69
BIP:
47.35
CNP:
24.81
BIP:
0.77
CNP:
2.88
BIP:
$25.06B
CNP:
$9.62B
BIP:
$6.65B
CNP:
$5.20B
BIP:
$11.44B
CNP:
$3.99B
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. 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 | +1.48 | ||
| Sortino ratioReturn per unit of downside risk | +1.92 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.12 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 1.62 | +1.94 |
| Martin ratioReturn relative to average drawdown | 9.74 | 3.65 | +6.09 |
Loading charts...
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.
Loading charts...
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 | -35.02% | -18.14% | -16.88% |
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 | -2.02% | -6.66% | +4.64% |
Average DrawdownAverage peak-to-trough decline | -10.19% | -32.26% | +22.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.47% | 2.95% | +1.52% |
Volatility
BIP vs. CNP - Volatility Comparison
The current volatility for Brookfield Infrastructure Partners L.P. (BIP) is 6.12%, while CenterPoint Energy, Inc. (CNP) has a volatility of 6.54%. This indicates that BIP experiences smaller price fluctuations and is considered to be less risky than CNP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BIP | CNP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.12% | 6.54% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 15.80% | 13.38% | +2.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.46% | 16.60% | +3.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.84% | 19.76% | +7.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.98% | 25.92% | +2.06% |
Dividends
BIP vs. CNP - Dividend Comparison
BIP's dividend yield for the trailing twelve months is around 6.07%, more than CNP's 2.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIP Brookfield Infrastructure Partners L.P. | 6.07% | 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. | 2.14% | 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 Aug 2026, Brookfield Infrastructure Partners L.P. reported a gross profit of 1.59B and revenue of 6.48B. Therefore, the gross margin over that period was 24.5%.
CNP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, CenterPoint Energy, Inc. reported a gross profit of 1.87B and revenue of 2.15B. Therefore, the gross margin over that period was 86.9%.
BIP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Brookfield Infrastructure Partners L.P. reported an operating income of 1.48B and revenue of 6.48B, resulting in an operating margin of 22.8%.
CNP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CenterPoint Energy, Inc. reported an operating income of 534.00M and revenue of 2.15B, resulting in an operating margin of 24.8%.
BIP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Brookfield Infrastructure Partners L.P. reported a net income of 62.00M and revenue of 6.48B, resulting in a net margin of 1.0%.
CNP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CenterPoint Energy, Inc. reported a net income of 244.00M and revenue of 2.15B, resulting in a net margin of 11.3%.
Frequently Asked Questions
BIP and CNP 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.
CNP has higher volatility (6.54%) compared to BIP (6.12%). In terms of maximum drawdown, BIP dropped -56.07% vs CNP's -89.94%.
BIP currently has the higher Sharpe Ratio (2.13 vs 0.65), 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 CNP
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