BIPC vs RQI: Correlation
Brookfield Infrastructure Corporation (BIPC) and Cohen & Steers Quality Income Realty Fund Inc (RQI) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BIPC and RQI?
Across a 3-year window, the weekly returns of BIPC and RQI correlate at 0.62, strong. The past 12 months show a weaker link (0.38) than the 3-year average (0.62). Stretching to 5 years gives 0.54, with an annualized covariance of 404.5 %².
Few assets follow BIPC as closely as RQI, which ranks #2 of 12 tracked partners. Over the last 12 months RQI came out ahead by 7.4 percentage points (+1.2% against +8.6%).
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 RQI: side by side
| BIPC (Brookfield Infrastructure Corporation) | RQI (Cohen & Steers Quality Income Realty Fund Inc) | |
|---|---|---|
| 1-year return | +1.2% | +8.6% |
| 5-year return | +13.3% | +16.3% |
| Volatility (ann.) | 30.4% | 21.6% |
| Beta vs S&P 500 | 0.95 | 0.77 |
| Max drawdown (3Y) | -33.7% | -21.0% |
| Market cap | $4.8B | $1.7B |
| P/E (trailing) | – | 35.2 |
| Dividend yield | 4.47% | 7.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BIPC | RQI |
|---|---|---|
| 2022 | -11.9% | -31.1% |
| 2023 | -5.7% | +15.7% |
| 2024 | +18.4% | +8.0% |
| 2025 | +18.3% | +2.1% |
| 2026 | -11.5% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BIPC and RQI good diversifiers for each other?
Only partially. A correlation of 0.62 means BIPC and RQI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BIPC and RQI?
The BIPC/RQI correlation stands at 0.62 on a 3-year window (1 year: 0.38, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is RQI a good diversifier for BIPC?
Only partially. A correlation of 0.62 means BIPC and RQI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 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-rqi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bipc-vs-rqi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BIPC correlations · RQI correlations
