BIPC vs. SHY
BIPC (Brookfield Infrastructure Corporation) is a stock, while SHY (iShares 1-3 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE US Treasury 1-3 Year Index. Over the past year, BIPC returned -2.47% vs 2.87% for SHY. At a 0.15 correlation, their price movements are largely independent.
Performance
BIPC vs. SHY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BIPC achieves a -12.81% return, which is significantly lower than SHY's 0.43% return.
BIPC
- 1D
- 2.48%
- 1M
- -6.94%
- YTD
- -12.81%
- 6M
- -14.78%
- 1Y
- -2.47%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHY
- 1D
- 0.07%
- 1M
- 0.11%
- YTD
- 0.43%
- 6M
- 0.60%
- 1Y
- 2.87%
- 3Y*
- 4.10%
- 5Y*
- 1.75%
- 10Y*
- 1.62%
BIPC vs. SHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BIPC Brookfield Infrastructure Corporation | -12.81% | 18.32% | 3.65% |
SHY iShares 1-3 Year Treasury Bond ETF | 0.43% | 4.95% | 0.23% |
Correlation
The correlation between BIPC and SHY is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024 | 0.15 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BIPC vs. SHY — Risk / Return Rank
BIPC
SHY
BIPC vs. SHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Brookfield Infrastructure Corporation (BIPC) and iShares 1-3 Year Treasury Bond ETF (SHY). 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 | SHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | -3.24 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.42 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 3.24 | -3.32 |
| Martin ratioReturn relative to average drawdown | -0.22 | 12.62 | -12.84 |
Loading charts...
Drawdowns
BIPC vs. SHY - Drawdown Comparison
The maximum BIPC drawdown since its inception was -29.77%, which is greater than SHY's maximum drawdown of -5.71%. Use the drawdown chart below to compare losses from any high point for BIPC and SHY.
Loading charts...
Drawdown Indicators
| BIPC | SHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.77% | -5.71% | -24.06% |
Max Drawdown (1Y)Largest decline over 1 year | -29.77% | -0.89% | -28.88% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.97% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -5.71% | — |
Current DrawdownCurrent decline from peak | -22.38% | -0.31% | -22.07% |
Average DrawdownAverage peak-to-trough decline | -8.17% | -0.52% | -7.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.28% | 0.23% | +11.05% |
Volatility
BIPC vs. SHY - Volatility Comparison
Brookfield Infrastructure Corporation (BIPC) has a higher volatility of 7.16% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.50%. This indicates that BIPC's price experiences larger fluctuations and is considered to be riskier than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BIPC | SHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.16% | 0.50% | +6.66% |
Volatility (6M)Calculated over the trailing 6-month period | 22.91% | 1.01% | +21.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.44% | 1.37% | +27.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.70% | 1.99% | +27.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.70% | 1.57% | +28.13% |
Dividends
BIPC vs. SHY - Dividend Comparison
BIPC's dividend yield for the trailing twelve months is around 4.56%, more than SHY's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIPC Brookfield Infrastructure Corporation | 4.56% | 3.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHY iShares 1-3 Year Treasury Bond ETF | 3.68% | 3.81% | 3.92% | 2.99% | 1.30% | 0.26% | 0.94% | 2.12% | 1.72% | 0.98% | 0.71% | 0.54% |
Frequently Asked Questions
BIPC and SHY have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIPC has higher volatility (7.16%) compared to SHY (0.50%). In terms of maximum drawdown, BIPC dropped -29.77% vs SHY's -5.71%.
SHY currently has the higher Sharpe Ratio (2.10 vs -0.09), 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.
Find the right allocation for BIPC and SHY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer