BIPC vs. MAIN
Compare and contrast key facts about Brookfield Infrastructure Corporation (BIPC) and Main Street Capital Corporation (MAIN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIPC or MAIN.
Key characteristics
BIPC | MAIN | |
---|---|---|
YTD Return | 3.40% | 11.94% |
1Y Return | -17.01% | 31.75% |
3Y Return (Ann) | -7.19% | 14.97% |
Sharpe Ratio | -0.46 | 2.50 |
Daily Std Dev | 34.12% | 12.63% |
Max Drawdown | -48.51% | -64.53% |
Current Drawdown | -26.20% | 0.00% |
Fundamentals
BIPC | MAIN | |
---|---|---|
Market Cap | $4.54B | $3.91B |
EPS | $0.84 | $5.23 |
PE Ratio | 40.70 | 8.80 |
Revenue (TTM) | $2.50B | $500.38M |
Gross Profit (TTM) | $1.34B | $376.86M |
Correlation
The correlation between BIPC and MAIN is 0.34, 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.
Performance
BIPC vs. MAIN - Performance Comparison
In the year-to-date period, BIPC achieves a 3.40% return, which is significantly lower than MAIN's 11.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
BIPC vs. MAIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Infrastructure Corporation (BIPC) and Main Street Capital Corporation (MAIN). 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 | |
---|---|---|---|---|---|
Brookfield Infrastructure Corporation | -0.46 | ||||
Main Street Capital Corporation | 2.50 |
Dividends
BIPC vs. MAIN - Dividend Comparison
BIPC's dividend yield for the trailing twelve months is around 4.31%, less than MAIN's 8.17% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Brookfield Infrastructure Corporation | 4.31% | 4.34% | 3.70% | 2.99% | 2.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Main Street Capital Corporation | 8.17% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% | 8.18% |
Drawdowns
BIPC vs. MAIN - Drawdown Comparison
The maximum BIPC drawdown since its inception was -48.51%, smaller than the maximum MAIN drawdown of -64.53%. The drawdown chart below compares losses from any high point along the way for BIPC and MAIN
Volatility
BIPC vs. MAIN - Volatility Comparison
Brookfield Infrastructure Corporation (BIPC) has a higher volatility of 7.27% compared to Main Street Capital Corporation (MAIN) at 2.84%. This indicates that BIPC's price experiences larger fluctuations and is considered to be riskier than MAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.