CLFD vs. BIP
CLFD (Clearfield, Inc.) and BIP (Brookfield Infrastructure Partners L.P.) are both stocks. CLFD operates in Communication Equipment (Technology), while BIP operates in Utilities - Diversified (Utilities). Over the past 10 years, CLFD returned 4.57%/yr vs 13.71%/yr for BIP. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
CLFD vs. BIP - Performance Comparison
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Returns By Period
In the year-to-date period, CLFD achieves a 3.81% return, which is significantly lower than BIP's 25.51% return. Over the past 10 years, CLFD has underperformed BIP with an annualized return of 4.57%, while BIP has yielded a comparatively higher 13.71% annualized return.
CLFD
- 1D
- -2.04%
- 1M
- -10.92%
- 6M
- 1.65%
- YTD
- 3.81%
- 1Y
- -25.85%
- 3Y*
- -12.99%
- 5Y*
- -7.01%
- 10Y*
- 4.57%
- ALL TIME*
- 7.48%
BIP
- 1D
- -1.49%
- 1M
- 12.83%
- 6M
- 20.62%
- YTD
- 25.51%
- 1Y
- 43.65%
- 3Y*
- 12.49%
- 5Y*
- 8.28%
- 10Y*
- 13.71%
- ALL TIME*
- 15.30%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $61.30M | $44.61M | $33.88M | |
CLFD Clearfield, Inc. | $6.52M | $6.26M | $12.50M |
CLFD vs. BIP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLFD Clearfield, Inc. | 3.81% | -5.97% | 6.60% | -69.11% | 11.51% | 241.50% | 77.33% | 40.52% | -19.02% | -40.82% |
BIP Brookfield Infrastructure Partners L.P. | 25.51% | 15.15% | 6.40% | 6.64% | -20.73% | 27.77% | 15.45% | 51.38% | -19.15% | 39.72% |
Correlation
The correlation between CLFD and BIP is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.30 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jan 22, 2008 | 0.19 |
The correlation between CLFD and BIP shifts across timeframes, from 0.13 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CLFD:
$411.22M
BIP:
$19.23B
CLFD:
-$0.62
BIP:
$0.88
CLFD:
3.07
BIP:
0.77
CLFD:
$136.22M
BIP:
$25.06B
CLFD:
$50.71M
BIP:
$6.65B
CLFD:
$11.00M
BIP:
$11.44B
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Return for Risk
CLFD vs. BIP — Risk / Return Rank
CLFD
BIP
CLFD vs. BIP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Clearfield, Inc. (CLFD) and Brookfield Infrastructure Partners L.P. (BIP). 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.
| CLFD | BIP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.63 | ||
| Sortino ratioReturn per unit of downside risk | -3.30 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.35 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 3.56 | -4.29 |
| Martin ratioReturn relative to average drawdown | -1.08 | 9.74 | -10.82 |
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Drawdowns
CLFD vs. BIP - Drawdown Comparison
The maximum CLFD drawdown since its inception was -98.62%, which is greater than BIP's maximum drawdown of -56.07%. Use the drawdown chart below to compare losses from any high point for CLFD and BIP.
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Drawdown Indicators
| CLFD | BIP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.62% | -56.07% | -42.55% |
Max Drawdown (1Y)Largest decline over 1 year | -42.43% | -12.25% | -30.18% |
Max Drawdown (3Y)Largest decline over 3 years | -43.39% | -35.02% | -8.37% |
Max Drawdown (5Y)Largest decline over 5 years | -82.52% | -49.85% | -32.67% |
Max Drawdown (10Y)Largest decline over 10 years | -82.52% | -51.33% | -31.19% |
Current DrawdownCurrent decline from peak | -77.01% | -2.02% | -74.99% |
Average DrawdownAverage peak-to-trough decline | -63.04% | -10.19% | -52.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.63% | 4.47% | +24.16% |
Volatility
CLFD vs. BIP - Volatility Comparison
Clearfield, Inc. (CLFD) has a higher volatility of 19.75% compared to Brookfield Infrastructure Partners L.P. (BIP) at 6.12%. This indicates that CLFD's price experiences larger fluctuations and is considered to be riskier than BIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLFD | BIP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.75% | 6.12% | +13.63% |
Volatility (6M)Calculated over the trailing 6-month period | 47.30% | 15.80% | +31.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.98% | 20.46% | +41.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.75% | 26.84% | +29.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.78% | 27.98% | +24.80% |
Dividends
CLFD vs. BIP - Dividend Comparison
CLFD has not paid dividends to shareholders, while BIP's dividend yield for the trailing twelve months is around 6.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIP Brookfield Infrastructure Partners L.P. | 6.07% | 4.95% | 5.10% | 4.86% | 4.65% | 3.35% | 3.92% | 4.02% | 5.44% | 3.88% | 4.62% | 5.59% |
CLFD Clearfield, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CLFD vs. BIP - Financials Comparison
This section allows you to compare key financial metrics between Clearfield, Inc. and Brookfield Infrastructure Partners L.P.. 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
CLFD vs. BIP - Profitability Comparison
CLFD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Clearfield, Inc. reported a gross profit of 11.16M and revenue of 34.39M. Therefore, the gross margin over that period was 32.5%.
BIP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Brookfield Infrastructure Partners L.P. reported a gross profit of 1.59B and revenue of 6.48B. Therefore, the gross margin over that period was 24.5%.
CLFD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Clearfield, Inc. reported an operating income of -2.07M and revenue of 34.39M, resulting in an operating margin of -6.0%.
BIP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Brookfield Infrastructure Partners L.P. reported an operating income of 1.48B and revenue of 6.48B, resulting in an operating margin of 22.8%.
CLFD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Clearfield, Inc. reported a net income of -528.00K and revenue of 34.39M, resulting in a net margin of -1.5%.
BIP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Brookfield Infrastructure Partners L.P. reported a net income of 62.00M and revenue of 6.48B, resulting in a net margin of 1.0%.
Frequently Asked Questions
CLFD and BIP have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLFD has higher volatility (19.75%) compared to BIP (6.12%). In terms of maximum drawdown, CLFD dropped -98.62% vs BIP's -56.07%.
BIP currently has the higher Sharpe Ratio (2.13 vs -0.50), 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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