BEPC vs. BIPC
Compare and contrast key facts about Brookfield Renewable Corporation (BEPC) and Brookfield Infrastructure Corporation (BIPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BEPC or BIPC.
Key characteristics
| BEPC | BIPC | |
|---|---|---|
| YTD Return | 30.17% | 23.17% |
| 1Y Return | -0.41% | 1.66% |
| 5Y Return (Ann) | 11.30% | 32.09% |
| 10Y Return (Ann) | 11.30% | 32.09% |
| Sharpe Ratio | 0.10 | 0.12 |
| Daily Std Dev | 30.86% | 28.53% |
| Max Drawdown | -53.48% | -28.34% |
Fundamentals
| BEPC | BIPC | |
|---|---|---|
| Market Cap | $5.93B | $5.11B |
| EPS | $8.41 | $10.55 |
| PE Ratio | 4.09 | 4.38 |
| Revenue (TTM) | $3.96B | $1.92B |
| Gross Profit (TTM) | $2.70B | $1.34B |
| EBITDA (TTM) | $2.62B | $1.51B |
Correlation
The correlation between BEPC and BIPC is 0.33, 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.
BEPC vs. BIPC - Performance Comparison
In the year-to-date period, BEPC achieves a 30.17% return, which is significantly higher than BIPC's 23.17% return. Over the past 10 years, BEPC has underperformed BIPC with an annualized return of 11.30%, while BIPC has yielded a comparatively higher 32.09% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BEPC vs. BIPC - Dividend Comparison
BEPC's dividend yield for the trailing twelve months is around 5.58%, more than BIPC's 4.68% yield.
| TTM | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
BEPC Brookfield Renewable Corporation | 5.58% | 4.75% | 3.50% | 1.08% |
BIPC Brookfield Infrastructure Corporation | 4.68% | 3.76% | 3.13% | 2.18% |
BEPC vs. BIPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Renewable Corporation (BEPC) 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
BEPC Brookfield Renewable Corporation | 0.10 | ||||
BIPC Brookfield Infrastructure Corporation | 0.12 |
BEPC vs. BIPC - Drawdown Comparison
The maximum BEPC drawdown for the period was -53.48%, lower than the maximum BIPC drawdown of -24.43%. The drawdown chart below compares losses from any high point along the way for BEPC and BIPC
BEPC vs. BIPC - Volatility Comparison
Brookfield Renewable Corporation (BEPC) has a higher volatility of 10.67% compared to Brookfield Infrastructure Corporation (BIPC) at 7.02%. This indicates that BEPC's price experiences larger fluctuations and is considered to be riskier than BIPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.