BIPC vs RCKY: Correlation
Brookfield Infrastructure Corporation (BIPC) and Rocky Brands, Inc. (RCKY) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIPC and RCKY?
On 3 years of weekly data the BIPC/RCKY correlation comes out at 0.50, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.30 versus 0.50 over 3 years. The 5-year figure is 0.37, and annualized covariance runs at 1032.9 %².
Within BIPC's tracked universe of 12 assets, RCKY comes in at #7 by 3-year correlation. The last year tells two different stories: RCKY led by 49.1 percentage points, +1.2% for BIPC against +50.3% for RCKY. Risk is not evenly split, since RCKY carries 2.2 times the volatility of the other side.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BIPC vs RCKY: side by side
| BIPC (Brookfield Infrastructure Corporation) | RCKY (Rocky Brands, Inc.) | |
|---|---|---|
| 1-year return | +1.2% | +50.3% |
| 5-year return | +13.3% | +0.6% |
| Volatility (ann.) | 30.4% | 68.1% |
| Beta vs S&P 500 | 0.95 | 1.66 |
| Max drawdown (3Y) | -33.7% | -68.0% |
| Market cap | $4.8B | $0.3B |
| P/E (trailing) | – | 11.9 |
| Dividend yield | 4.47% | 1.40% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIPC | RCKY |
|---|---|---|
| 2022 | -11.9% | -39.5% |
| 2023 | -5.7% | +31.4% |
| 2024 | +18.4% | -22.8% |
| 2025 | +18.3% | +31.9% |
| 2026 | -11.5% | +55.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIPC and RCKY good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BIPC and RCKY?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.30 over the last year and 0.37 over 5 years.
Is RCKY a good diversifier for BIPC?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bipc-vs-rcky.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bipc-vs-rcky/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BIPC correlations · RCKY correlations
