HLIT.TO vs. BIPC.TO
HLIT.TO (Global X Lithium Producers Index ETF) is Commodity Producers Equities fund tracking the Solactive Global Lithium Producers Index, while BIPC.TO (Brookfield Infrastructure Corporation) is a stock. Over the past 3 years, HLIT.TO returned -8.89%/yr vs 1.00%/yr for BIPC.TO. At a 0.22 correlation, their price movements are largely independent.
Performance
HLIT.TO vs. BIPC.TO - Performance Comparison
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Returns By Period
In the year-to-date period, HLIT.TO achieves a 25.27% return, which is significantly higher than BIPC.TO's -6.05% return.
HLIT.TO
- 1D
- -2.47%
- 1M
- -5.96%
- YTD
- 25.27%
- 6M
- 34.39%
- 1Y
- 134.51%
- 3Y*
- -8.89%
- 5Y*
- —
- 10Y*
- —
BIPC.TO
- 1D
- 0.53%
- 1M
- 14.91%
- YTD
- -6.05%
- 6M
- -10.55%
- 1Y
- 7.09%
- 3Y*
- 1.00%
- 5Y*
- 3.48%
- 10Y*
- —
HLIT.TO vs. BIPC.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HLIT.TO Global X Lithium Producers Index ETF | 25.27% | 42.90% | -43.73% | -17.02% | -5.87% | 46.00% |
BIPC.TO Brookfield Infrastructure Corporation | -6.05% | 12.64% | 28.84% | -7.81% | -5.61% | -2.81% |
Correlation
The correlation between HLIT.TO and BIPC.TO 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 (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2021 | 0.22 |
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Return for Risk
HLIT.TO vs. BIPC.TO — Risk / Return Rank
HLIT.TO
BIPC.TO
HLIT.TO vs. BIPC.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Lithium Producers Index ETF (HLIT.TO) and Brookfield Infrastructure Corporation (BIPC.TO). 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.
| HLIT.TO | BIPC.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.29 | ||
| Sortino ratioReturn per unit of downside risk | +3.27 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.07 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 5.70 | 0.24 | +5.46 |
| Martin ratioReturn relative to average drawdown | 20.16 | 0.73 | +19.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HLIT.TO | BIPC.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.55 | 0.26 | +3.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.13 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.48 | -0.40 |
Drawdowns
HLIT.TO vs. BIPC.TO - Drawdown Comparison
The maximum HLIT.TO drawdown since its inception was -77.20%, which is greater than BIPC.TO's maximum drawdown of -43.93%. Use the drawdown chart below to compare losses from any high point for HLIT.TO and BIPC.TO.
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Drawdown Indicators
| HLIT.TO | BIPC.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.20% | -43.93% | -33.27% |
Max Drawdown (1Y)Largest decline over 1 year | -23.73% | -29.22% | +5.49% |
Max Drawdown (3Y)Largest decline over 3 years | -74.44% | -43.73% | -30.71% |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.93% | — |
Current DrawdownCurrent decline from peak | -38.85% | -15.40% | -23.45% |
Average DrawdownAverage peak-to-trough decline | -37.70% | -11.81% | -25.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.70% | 9.67% | -2.97% |
Volatility
HLIT.TO vs. BIPC.TO - Volatility Comparison
Global X Lithium Producers Index ETF (HLIT.TO) has a higher volatility of 8.90% compared to Brookfield Infrastructure Corporation (BIPC.TO) at 7.04%. This indicates that HLIT.TO's price experiences larger fluctuations and is considered to be riskier than BIPC.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HLIT.TO | BIPC.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.90% | 7.04% | +1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 27.73% | 22.00% | +5.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.13% | 27.32% | +10.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.56% | 27.37% | +11.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.56% | 28.93% | +9.63% |
Dividends
HLIT.TO vs. BIPC.TO - Dividend Comparison
HLIT.TO's dividend yield for the trailing twelve months is around 0.09%, less than BIPC.TO's 4.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BIPC.TO Brookfield Infrastructure Corporation | 4.26% | 3.87% | 3.84% | 4.38% | 3.62% | 2.99% | 2.09% |
HLIT.TO Global X Lithium Producers Index ETF | 0.09% | 0.12% | 2.24% | 2.58% | 1.88% | 0.00% | 0.00% |
Frequently Asked Questions
HLIT.TO and BIPC.TO 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.
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