XTN vs. BIPC

Last updated Aug 4, 2026

XTN (SPDR S&P Transportation ETF) is Industrials Equities fund tracking the S&P Transportation Select Industry Index, while BIPC (Brookfield Infrastructure Corporation) is a stock. Over the past year, XTN returned 38.67% vs 9.45% for BIPC. Their 0.34 correlation means their historical movements had little consistent relationship.

Performance

XTN vs. BIPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Transportation ETF (XTN) and Brookfield Infrastructure Corporation (BIPC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XTN achieves a 21.69% return, which is significantly higher than BIPC's -9.19% return.

XTN

• 1D: 1.67%
• 1M: -4.39%
• 6M: 10.95%
• YTD: 21.69%
• 1Y: 38.67%
• 3Y*: 10.26%
• 5Y*: 7.10%
• 10Y*: 10.02%
• ALL TIME*: 10.83%

BIPC

• 1D: -4.47%
• 1M: 3.62%
• 6M: -15.54%
• YTD: -9.19%
• 1Y: 9.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.97%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BIPC Brookfield Infrastructure Corporation	$55.40M	$39.03M	$42.40M
XTN SPDR S&P Transportation ETF	$3.13M	$3.62M	$6.07M

XTN vs. BIPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XTN SPDR S&P Transportation ETF	21.69%	6.33%	-1.43%
BIPC Brookfield Infrastructure Corporation	-9.19%	18.32%	3.65%

Correlation

The correlation between XTN and BIPC is 0.22, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.22
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	0.34

The correlation between XTN and BIPC shifts across timeframes, from 0.22 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.

Return for Risk

XTN vs. BIPC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XTN

XTN Risk / Return Rank: 56
XTN Sharpe Ratio Rank: 57
XTN Sortino Ratio Rank: 56
XTN Omega Ratio Rank: 55
XTN Calmar Ratio Rank: 61
XTN Martin Ratio Rank: 52

BIPC

BIPC Risk / Return Rank: 52
BIPC Sharpe Ratio Rank: 57
BIPC Sortino Ratio Rank: 49
BIPC Omega Ratio Rank: 49
BIPC Calmar Ratio Rank: 53
BIPC Martin Ratio Rank: 54

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XTN vs. BIPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Transportation ETF (XTN) and Brookfield Infrastructure Corporation (BIPC). 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.

	XTN	BIPC	Difference
Sharpe ratio: Return per unit of total volatility	1.41	0.33	+1.08
Sortino ratio: Return per unit of downside risk	2.01	0.61	+1.40
Omega ratio: Gain probability vs. loss probability	1.25	1.08	+0.17
Calmar ratio: Return relative to maximum drawdown	2.25	0.32	+1.93
Martin ratio: Return relative to average drawdown	6.27	0.75	+5.52

XTN vs. BIPC - Sharpe Ratio Comparison

The current XTN Sharpe Ratio is 1.41, which is higher than the BIPC Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of XTN and BIPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XTN vs. BIPC - Drawdown Comparison

The maximum XTN drawdown since its inception was -43.77%, which is greater than BIPC's maximum drawdown of -29.77%. Use the drawdown chart below to compare losses from any high point for XTN and BIPC.

Drawdown Indicators

	XTN	BIPC	Difference
Max Drawdown Largest peak-to-trough decline	-43.77%	-29.77%	-14.00%
Max Drawdown (1Y) Largest decline over 1 year	-17.28%	-29.77%	+12.49%
Max Drawdown (3Y) Largest decline over 3 years	-33.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.77%	—	—
Current Drawdown Current decline from peak	-5.88%	-19.16%	+13.28%
Average Drawdown Average peak-to-trough decline	-10.85%	-8.97%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.19%	12.70%	-6.51%

Volatility

XTN vs. BIPC - Volatility Comparison

The current volatility for SPDR S&P Transportation ETF (XTN) is 5.89%, while Brookfield Infrastructure Corporation (BIPC) has a volatility of 7.76%. This indicates that XTN experiences smaller price fluctuations and is considered to be less risky than BIPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XTN	BIPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	7.76%	-1.87%
Volatility (6M) Calculated over the trailing 6-month period	22.33%	22.99%	-0.66%
Volatility (1Y) Calculated over the trailing 1-year period	27.66%	28.60%	-0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.87%	29.36%	-2.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.17%	29.36%	-3.19%

Dividends

XTN vs. BIPC - Dividend Comparison

XTN's dividend yield for the trailing twelve months is around 0.66%, less than BIPC's 4.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIPC Brookfield Infrastructure Corporation	4.38%	3.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XTN SPDR S&P Transportation ETF	0.66%	0.78%	0.93%	0.73%	1.04%	1.02%	0.75%	1.17%	0.98%	0.63%	0.66%	1.03%

Frequently Asked Questions

Can I hold both XTN and BIPC in my portfolio?

XTN and BIPC 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.

Which is riskier, XTN or BIPC?

BIPC has higher volatility (7.76%) compared to XTN (5.89%). In terms of maximum drawdown, XTN dropped -43.77% vs BIPC's -29.77%.

Which has better risk-adjusted returns?

XTN currently has the higher Sharpe Ratio (1.41 vs 0.33), 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.