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BEPC vs. BIPC

Last updated Jun 3, 2023

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


BEPCBIPC
YTD Return30.17%23.17%
1Y Return-0.41%1.66%
5Y Return (Ann)11.30%32.09%
10Y Return (Ann)11.30%32.09%
Sharpe Ratio0.100.12
Daily Std Dev30.86%28.53%
Max Drawdown-53.48%-28.34%

Fundamentals


BEPCBIPC
Market Cap$5.93B$5.11B
EPS$8.41$10.55
PE Ratio4.094.38
Revenue (TTM)$3.96B$1.92B
Gross Profit (TTM)$2.70B$1.34B
EBITDA (TTM)$2.62B$1.51B

Correlation

0.33
-1.001.00

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.


-15.00%-10.00%-5.00%0.00%5.00%10.00%2023FebruaryMarchAprilMayJune
10.07%
8.59%
BEPC
BIPC

Compare stocks, funds, or ETFs


Brookfield Renewable Corporation

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.


TTM202220212020
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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BEPC
Brookfield Renewable Corporation
0.10
BIPC
Brookfield Infrastructure Corporation
0.12

BEPC vs. BIPC - Sharpe Ratio Comparison

The current BEPC Sharpe Ratio is 0.10, which roughly equals the BIPC Sharpe Ratio of 0.12. The chart below compares the 12-month rolling Sharpe Ratio of BEPC and BIPC.


-1.00-0.500.000.502023FebruaryMarchAprilMayJune
0.10
0.12
BEPC
BIPC

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


-50.00%-40.00%-30.00%-20.00%-10.00%2023FebruaryMarchAprilMayJune
-38.71%
-6.75%
BEPC
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.


6.00%7.00%8.00%9.00%10.00%11.00%2023FebruaryMarchAprilMayJune
10.67%
7.02%
BEPC
BIPC