ELPC vs. BIP

Last updated Jun 3, 2026

ELPC (Companhia Paranaense de Energia) and BIP (Brookfield Infrastructure Partners LP) are both stocks. Both operate in the Utilities - Diversified industry within the Utilities sector. Over the past year, ELPC returned 56.05% vs 22.94% for BIP. At a 0.16 correlation, their price movements are largely independent.

Performance

ELPC vs. BIP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Companhia Paranaense de Energia (ELPC) and Brookfield Infrastructure Partners LP (BIP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ELPC achieves a 32.91% return, which is significantly higher than BIP's 14.31% return.

ELPC

• 1D: 1.13%
• 1M: -7.91%
• YTD: 32.91%
• 6M: 23.68%
• 1Y: 56.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BIP

• 1D: -0.18%
• 1M: 8.52%
• YTD: 14.31%
• 6M: 10.25%
• 1Y: 22.94%
• 3Y*: 7.18%
• 5Y*: 5.98%
• 10Y*: 13.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ELPC vs. BIP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ELPC Companhia Paranaense de Energia	32.91%	89.60%	-30.59%
BIP Brookfield Infrastructure Partners LP	14.31%	15.15%	6.40%

Correlation

The correlation between ELPC and BIP is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (All Time) Calculated using the full available price history since Jan 2, 2024	0.16

Fundamentals

Market Cap ELPC : $2.16B BIP : $17.84B
EPS ELPC : $14.65 BIP : $0.91
PE Ratio ELPC : 0.79 BIP : 42.85
PEG Ratio ELPC : 0.01 BIP : 0.22
PS Ratio ELPC : 0.08 BIP : 0.74
PB Ratio ELPC : 0.09 BIP : 3.87
Total Revenue (TTM) ELPC : $27.27B BIP : $24.01B
Gross Profit (TTM) ELPC : $6.94B BIP : $6.49B
EBITDA (TTM) ELPC : $6.34B BIP : $11.14B

Return for Risk

ELPC vs. BIP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ELPC

ELPC Risk / Return Rank: 78
ELPC Sharpe Ratio Rank: 79
ELPC Sortino Ratio Rank: 73
ELPC Omega Ratio Rank: 72
ELPC Calmar Ratio Rank: 84
ELPC Martin Ratio Rank: 84

BIP

BIP Risk / Return Rank: 71
BIP Sharpe Ratio Rank: 75
BIP Sortino Ratio Rank: 70
BIP Omega Ratio Rank: 66
BIP Calmar Ratio Rank: 72
BIP Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ELPC vs. BIP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Companhia Paranaense de Energia (ELPC) and Brookfield Infrastructure Partners LP (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.

	ELPC	BIP	Difference
Sharpe ratio Return per unit of total volatility	1.40	1.18	+0.23
Sortino ratio Return per unit of downside risk	1.95	1.73	+0.22
Omega ratio Gain probability vs. loss probability	1.25	1.21	+0.04
Calmar ratio Return relative to maximum drawdown	3.35	1.84	+1.50
Martin ratio Return relative to average drawdown	8.58	4.01	+4.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ELPC vs. BIP - Sharpe Ratio Comparison

The current ELPC Sharpe Ratio is 1.40, which is comparable to the BIP Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of ELPC and BIP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ELPC	BIP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	1.18	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.23	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.50	+0.19

Drawdowns

ELPC vs. BIP - Drawdown Comparison

The maximum ELPC drawdown since its inception was -31.85%, smaller than the maximum BIP drawdown of -56.07%. Use the drawdown chart below to compare losses from any high point for ELPC and BIP.

Drawdown Indicators

	ELPC	BIP	Difference
Max Drawdown Largest peak-to-trough decline	-31.85%	-56.07%	+24.22%
Max Drawdown (1Y) Largest decline over 1 year	-16.23%	-12.50%	-3.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-41.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-49.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-51.33%	—
Current Drawdown Current decline from peak	-13.06%	-1.23%	-11.83%
Average Drawdown Average peak-to-trough decline	-11.12%	-10.26%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.33%	5.75%	+0.58%

Volatility

ELPC vs. BIP - Volatility Comparison

Companhia Paranaense de Energia (ELPC) has a higher volatility of 10.61% compared to Brookfield Infrastructure Partners LP (BIP) at 5.85%. This indicates that ELPC'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.

Volatility by Period

	ELPC	BIP	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.61%	5.85%	+4.76%
Volatility (6M) Calculated over the trailing 6-month period	31.09%	15.25%	+15.84%
Volatility (1Y) Calculated over the trailing 1-year period	40.24%	19.60%	+20.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.02%	26.67%	+11.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.02%	28.03%	+9.99%

Dividends

ELPC vs. BIP - Dividend Comparison

ELPC's dividend yield for the trailing twelve months is around 6.87%, more than BIP's 4.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIP Brookfield Infrastructure Partners LP	4.56%	4.95%	5.10%	4.86%	4.65%	3.35%	3.92%	4.02%	5.44%	3.88%	4.62%	5.59%
ELPC Companhia Paranaense de Energia	6.87%	2.86%	5.24%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

ELPC vs. BIP - Profitability Comparison

The chart below illustrates the profitability comparison between Companhia Paranaense de Energia and Brookfield Infrastructure Partners LP over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ELPC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Companhia Paranaense de Energia reported a gross profit of 1.73B and revenue of 6.94B. Therefore, the gross margin over that period was 24.9%.

BIP - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Partners LP reported a gross profit of 1.70B and revenue of 6.30B. Therefore, the gross margin over that period was 26.9%.

ELPC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Companhia Paranaense de Energia reported an operating income of 1.44B and revenue of 6.94B, resulting in an operating margin of 20.7%.

BIP - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Partners LP reported an operating income of 1.59B and revenue of 6.30B, resulting in an operating margin of 25.2%.

ELPC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Companhia Paranaense de Energia reported a net income of 679.09M and revenue of 6.94B, resulting in a net margin of 9.8%.

BIP - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brookfield Infrastructure Partners LP reported a net income of -86.00M and revenue of 6.30B, resulting in a net margin of -1.4%.

Frequently Asked Questions

Can I hold both ELPC and BIP in my portfolio?

ELPC and BIP have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ELPC or BIP?

ELPC has higher volatility (10.61%) compared to BIP (5.85%). In terms of maximum drawdown, ELPC dropped -31.85% vs BIP's -56.07%.

Which has better risk-adjusted returns?

ELPC currently has the higher Sharpe Ratio (1.40 vs 1.18), 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.