BIPC.TO vs. ^GSPC

Last updated Apr 1, 2026

Compare and contrast key facts about Brookfield Infrastructure Corporation (BIPC.TO) and S&P 500 Index (^GSPC).

Performance

BIPC.TO vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brookfield Infrastructure Corporation (BIPC.TO) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

BIPC.TO vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BIPC.TO Brookfield Infrastructure Corporation	-10.97%	12.64%	28.84%	-7.81%	-5.61%	-3.30%	92.29%
^GSPC S&P 500 Index	-3.34%	11.05%	33.90%	21.49%	-13.70%	25.75%	31.86%

Different Trading Currencies

BIPC.TO is traded in CAD, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, BIPC.TO achieves a -10.97% return, which is significantly lower than ^GSPC's -3.34% return.

BIPC.TO

• 1D: 2.92%
• 1M: -19.19%
• YTD: -10.97%
• 6M: -2.03%
• 1Y: 10.11%
• 3Y*: -0.05%
• 5Y*: 0.57%
• 10Y*: —

^GSPC

• 1D: 2.80%
• 1M: -3.22%
• YTD: -3.34%
• 6M: -2.48%
• 1Y: 12.46%
• 3Y*: 17.80%
• 5Y*: 12.48%
• 10Y*: 12.91%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BIPC.TO vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BIPC.TO

BIPC.TO Risk / Return Rank: 53
BIPC.TO Sharpe Ratio Rank: 56
BIPC.TO Sortino Ratio Rank: 48
BIPC.TO Omega Ratio Rank: 47
BIPC.TO Calmar Ratio Rank: 53
BIPC.TO Martin Ratio Rank: 59

^GSPC

^GSPC Risk / Return Rank: 74
^GSPC Sharpe Ratio Rank: 69
^GSPC Sortino Ratio Rank: 68
^GSPC Omega Ratio Rank: 76
^GSPC Calmar Ratio Rank: 73
^GSPC Martin Ratio Rank: 85

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.

BIPC.TO vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookfield Infrastructure Corporation (BIPC.TO) and S&P 500 Index (^GSPC). 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.

	BIPC.TO	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.38	0.69	-0.31
Sortino ratio Return per unit of downside risk	0.69	1.06	-0.37
Omega ratio Gain probability vs. loss probability	1.09	1.17	-0.08
Calmar ratio Return relative to maximum drawdown	0.45	1.14	-0.69
Martin ratio Return relative to average drawdown	1.77	4.22	-2.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIPC.TO vs. ^GSPC - Sharpe Ratio Comparison

The current BIPC.TO Sharpe Ratio is 0.38, which is lower than the ^GSPC Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of BIPC.TO and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BIPC.TO	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.38	0.69	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.02	0.84	-0.82
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.91	-0.45

Correlation

The correlation between BIPC.TO and ^GSPC is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

BIPC.TO vs. ^GSPC - Drawdown Comparison

The maximum BIPC.TO drawdown since its inception was -43.93%, which is greater than ^GSPC's maximum drawdown of -27.59%. Use the drawdown chart below to compare losses from any high point for BIPC.TO and ^GSPC.

Drawdown Indicators

	BIPC.TO	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-43.93%	-56.78%	+12.85%
Max Drawdown (1Y) Largest decline over 1 year	-23.50%	-12.14%	-11.36%
Max Drawdown (5Y) Largest decline over 5 years	-43.93%	-25.43%	-18.50%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-19.82%	-6.45%	-13.37%
Average Drawdown Average peak-to-trough decline	-11.61%	-10.75%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.04%	2.57%	+3.47%

Volatility

BIPC.TO vs. ^GSPC - Volatility Comparison

Brookfield Infrastructure Corporation (BIPC.TO) has a higher volatility of 11.18% compared to S&P 500 Index (^GSPC) at 5.28%. This indicates that BIPC.TO's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIPC.TO	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.18%	5.28%	+5.90%
Volatility (6M) Calculated over the trailing 6-month period	19.78%	9.61%	+10.17%
Volatility (1Y) Calculated over the trailing 1-year period	26.81%	18.14%	+8.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.11%	14.99%	+12.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.72%	16.33%	+12.39%