U-UN.TO vs. BIPC.TO

Last updated Jun 4, 2026

U-UN.TO (Sprott Physical Uranium Trust Fund) is Gold fund actively managed by Sprott, while BIPC.TO (Brookfield Infrastructure Corporation) is a stock. Over the past 5 years, U-UN.TO returned 35.74%/yr vs 3.48%/yr for BIPC.TO. At a 0.10 correlation, their price movements are largely independent.

Performance

U-UN.TO vs. BIPC.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Sprott Physical Uranium Trust Fund (U-UN.TO) and Brookfield Infrastructure Corporation (BIPC.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, U-UN.TO achieves a 1.68% return, which is significantly higher than BIPC.TO's -6.05% return.

U-UN.TO

• 1D: -2.26%
• 1M: -1.20%
• YTD: 1.68%
• 6M: 8.17%
• 1Y: 22.39%
• 3Y*: 15.97%
• 5Y*: 35.74%
• 10Y*: 20.38%

BIPC.TO

• 1D: 0.53%
• 1M: 14.91%
• YTD: -6.05%
• 6M: -10.55%
• 1Y: 7.09%
• 3Y*: 1.00%
• 5Y*: 3.48%
• 10Y*: —

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

U-UN.TO vs. BIPC.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
U-UN.TO Sprott Physical Uranium Trust Fund	1.68%	7.92%	-12.03%	78.52%	14.05%	182.69%	25.90%
BIPC.TO Brookfield Infrastructure Corporation	-6.05%	12.64%	28.84%	-7.81%	-5.61%	-3.30%	92.29%

Correlation

The correlation between U-UN.TO and BIPC.TO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (All Time) Calculated using the full available price history since Apr 1, 2020	0.10

Return for Risk

U-UN.TO vs. BIPC.TO — Risk / Return Rank

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

U-UN.TO

U-UN.TO Risk / Return Rank: 9
U-UN.TO Sharpe Ratio Rank: 8
U-UN.TO Sortino Ratio Rank: 9
U-UN.TO Omega Ratio Rank: 9
U-UN.TO Calmar Ratio Rank: 11
U-UN.TO Martin Ratio Rank: 7

BIPC.TO

BIPC.TO Risk / Return Rank: 46
BIPC.TO Sharpe Ratio Rank: 50
BIPC.TO Sortino Ratio Rank: 42
BIPC.TO Omega Ratio Rank: 42
BIPC.TO Calmar Ratio Rank: 46
BIPC.TO Martin Ratio Rank: 49

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.

U-UN.TO vs. BIPC.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Physical Uranium Trust Fund (U-UN.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.

	U-UN.TO	BIPC.TO	Difference
Sharpe ratio: Return per unit of total volatility	0.66	0.26	+0.40
Sortino ratio: Return per unit of downside risk	1.12	0.51	+0.61
Omega ratio: Gain probability vs. loss probability	1.14	1.07	+0.07
Calmar ratio: Return relative to maximum drawdown	1.03	0.24	+0.79
Martin ratio: Return relative to average drawdown	2.13	0.73	+1.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

U-UN.TO vs. BIPC.TO - Sharpe Ratio Comparison

The current U-UN.TO Sharpe Ratio is 0.66, which is higher than the BIPC.TO Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of U-UN.TO and BIPC.TO, 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

	U-UN.TO	BIPC.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	0.26	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.13	+0.42
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.48	-0.29

Drawdowns

U-UN.TO vs. BIPC.TO - Drawdown Comparison

The maximum U-UN.TO drawdown since its inception was -83.06%, 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 U-UN.TO and BIPC.TO.

Drawdown Indicators

	U-UN.TO	BIPC.TO	Difference
Max Drawdown Largest peak-to-trough decline	-83.06%	-43.93%	-39.13%
Max Drawdown (1Y) Largest decline over 1 year	-21.81%	-29.22%	+7.41%
Max Drawdown (3Y) Largest decline over 3 years	-45.84%	-43.73%	-2.11%
Max Drawdown (5Y) Largest decline over 5 years	-45.84%	-43.93%	-1.91%
Max Drawdown (10Y) Largest decline over 10 years	-45.84%	—	—
Current Drawdown Current decline from peak	-19.27%	-15.40%	-3.87%
Average Drawdown Average peak-to-trough decline	-51.87%	-11.81%	-40.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.52%	9.67%	+0.85%

Volatility

U-UN.TO vs. BIPC.TO - Volatility Comparison

Sprott Physical Uranium Trust Fund (U-UN.TO) has a higher volatility of 7.68% compared to Brookfield Infrastructure Corporation (BIPC.TO) at 7.04%. This indicates that U-UN.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.

Volatility by Period

	U-UN.TO	BIPC.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.68%	7.04%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	24.47%	22.00%	+2.47%
Volatility (1Y) Calculated over the trailing 1-year period	34.17%	27.32%	+6.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.21%	27.37%	+38.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.81%	28.93%	+21.88%

Dividends

U-UN.TO vs. BIPC.TO - Dividend Comparison

U-UN.TO has not paid dividends to shareholders, while BIPC.TO's dividend yield for the trailing twelve months is around 4.26%.

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%
U-UN.TO Sprott Physical Uranium Trust Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both U-UN.TO and BIPC.TO in my portfolio?

U-UN.TO and BIPC.TO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.