BIPC vs. BBUC
BIPC (Brookfield Infrastructure Corporation) and BBUC (Brookfield Business Corp) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past year, BIPC returned 0.53% vs 14.57% for BBUC. At a 0.37 correlation, their price movements are largely independent.
Performance
BIPC vs. BBUC - Performance Comparison
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Returns By Period
In the year-to-date period, BIPC achieves a -9.19% return, which is significantly higher than BBUC's -9.67% return.
BIPC
- 1D
- -0.12%
- 1M
- 0.60%
- YTD
- -9.19%
- 6M
- -11.02%
- 1Y
- 0.53%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BBUC
- 1D
- 2.44%
- 1M
- -0.89%
- YTD
- -9.67%
- 6M
- -9.78%
- 1Y
- 14.57%
- 3Y*
- 16.17%
- 5Y*
- —
- 10Y*
- —
BIPC vs. BBUC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BIPC Brookfield Infrastructure Corporation | -9.19% | 18.32% | 3.65% |
BBUC Brookfield Business Corp | -9.67% | 49.10% | -0.57% |
Correlation
The correlation between BIPC and BBUC is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024 | 0.37 |
Fundamentals
BIPC:
$5.38B
BBUC:
$2.26B
BIPC:
-$6.15
BBUC:
-$8.66
BIPC:
1.36
BBUC:
0.13
BIPC:
$3.63B
BBUC:
$16.98B
BIPC:
$2.30B
BBUC:
$3.07B
BIPC:
$2.59B
BBUC:
$3.48B
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Return for Risk
BIPC vs. BBUC — Risk / Return Rank
BIPC
BBUC
BIPC vs. BBUC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Infrastructure Corporation (BIPC) and Brookfield Business Corp (BBUC). 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.
| BIPC | BBUC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.10 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 0.70 | -0.68 |
| Martin ratioReturn relative to average drawdown | 0.05 | 1.72 | -1.67 |
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Drawdowns
BIPC vs. BBUC - Drawdown Comparison
The maximum BIPC drawdown since its inception was -29.77%, smaller than the maximum BBUC drawdown of -57.60%. Use the drawdown chart below to compare losses from any high point for BIPC and BBUC.
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Drawdown Indicators
| BIPC | BBUC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.77% | -57.60% | +27.83% |
Max Drawdown (1Y)Largest decline over 1 year | -29.77% | -21.01% | -8.76% |
Max Drawdown (3Y)Largest decline over 3 years | — | -33.98% | — |
Current DrawdownCurrent decline from peak | -19.16% | -13.90% | -5.26% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -26.13% | +18.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.81% | 8.50% | +2.31% |
Volatility
BIPC vs. BBUC - Volatility Comparison
The current volatility for Brookfield Infrastructure Corporation (BIPC) is 5.58%, while Brookfield Business Corp (BBUC) has a volatility of 8.26%. This indicates that BIPC experiences smaller price fluctuations and is considered to be less risky than BBUC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BIPC | BBUC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.58% | 8.26% | -2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 22.28% | 25.81% | -3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.95% | 38.36% | -10.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.51% | 42.44% | -12.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.51% | 42.44% | -12.93% |
Dividends
BIPC vs. BBUC - Dividend Comparison
BIPC's dividend yield for the trailing twelve months is around 4.38%, more than BBUC's 0.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BBUC Brookfield Business Corp | 0.77% | 0.70% | 1.03% | 1.07% | 1.00% |
BIPC Brookfield Infrastructure Corporation | 4.38% | 3.79% | 0.00% | 0.00% | 0.00% |
Financials
BIPC vs. BBUC - Financials Comparison
This section allows you to compare key financial metrics between Brookfield Infrastructure Corporation and Brookfield Business Corp. 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
BIPC vs. BBUC - Profitability Comparison
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%.
BBUC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Business Corp reported a gross profit of 1.29B and revenue of 6.35B. Therefore, the gross margin over that period was 20.4%.
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%.
BBUC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Business Corp reported an operating income of 999.95M and revenue of 6.35B, resulting in an operating margin of 15.8%.
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%.
BBUC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Business Corp reported a net income of 39.45M and revenue of 6.35B, resulting in a net margin of 0.6%.
Frequently Asked Questions
BIPC and BBUC have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBUC has higher volatility (8.26%) compared to BIPC (5.58%). In terms of maximum drawdown, BIPC dropped -29.77% vs BBUC's -57.60%.
BBUC currently has the higher Sharpe Ratio (0.38 vs 0.02), 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.
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