NOVT vs BIPC
Comparison between Novanta Inc (NOVT, Company) and Brookfield Infrastructure Corp (Exchangeable Shares) - Class A (BIPC, Company).
NOVT is from the Technology sector, while BIPC is from the Utilities sector.
NOVT vs BIPC - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NOVT vs BIPC - Historical Returns
Returns include dividend reinvestment.
NOVT vs BIPC - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | NOVT | BIPC |
|---|---|---|
| 2026 | +44.44% | -8.93% |
| 2025 | -21.16% | +18.93% |
| 2024 | -7.02% | +4.74% |
| 2023 | +24.91% | N/A |
| 2022 | -21.81% | N/A |
| 2021 | +49.84% | N/A |
| 2020 | +29.17% | N/A |
| 2019 | +38.01% | N/A |
| 2018 | +24.75% | N/A |
| 2017 | +132.02% | N/A |
| 2016 | +58.85% | N/A |
NOVT vs BIPC Drawdown Comparison
The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.
The maximum drawdown for BIPC was -29.78%, occurring on Apr 29, 2026. This drawdown has not yet recovered.
The current NOVT drawdown is -13.79%. The current BIPC drawdown is -19.15%.
| Rank | NOVT | BIPC |
|---|---|---|
| #1 | -46.71% Jul 16, 2024 - Nov 20, 2025 | -29.78% Feb 11, 2026 - Apr 29, 2026 |
| #2 | -38.60% Nov 4, 2021 - Jun 29, 2023 | -22.71% Jan 24, 2025 - Jul 1, 2025 |
| #3 | -34.98% Jul 17, 2023 - Jul 16, 2024 | -10.96% Jul 3, 2025 - Oct 3, 2025 |
| #4 | -31.80% Feb 13, 2020 - May 20, 2020 | -7.98% Dec 4, 2025 - Jan 29, 2026 |
| #5 | -27.81% Aug 27, 2018 - Feb 22, 2019 | -7.61% Oct 15, 2025 - Dec 3, 2025 |
| #6 | -24.96% Jun 28, 2019 - Jan 13, 2020 | -6.65% Jan 7, 2025 - Jan 21, 2025 |
| #7 | -19.00% Nov 21, 2017 - Jan 16, 2018 | -1.89% Jan 29, 2026 - Feb 2, 2026 |
| #8 | -18.56% Jan 26, 2018 - Apr 17, 2018 | -1.65% Dec 31, 2024 - Jan 7, 2025 |
| #9 | -16.09% Aug 6, 2020 - Oct 9, 2020 | -1.48% Oct 8, 2025 - Oct 10, 2025 |
| #10 | -15.54% Feb 12, 2021 - Aug 11, 2021 | -0.22% Feb 6, 2026 - Feb 10, 2026 |
| #11 | -11.81% Jun 5, 2020 - Aug 6, 2020 | -0.14% Feb 2, 2026 - Feb 4, 2026 |
| #12 | -11.56% Apr 12, 2019 - Jun 18, 2019 | -0.10% Feb 4, 2026 - Feb 6, 2026 |
| #13 | -11.54% Jun 14, 2018 - Jul 20, 2018 | N/A |
| #14 | -11.40% Jan 5, 2016 - Mar 4, 2016 | N/A |
| #15 | -11.16% Sep 24, 2021 - Oct 22, 2021 | N/A |
Correlation
Correlation between NOVT and BIPC is 0.01 which considered as a very weak or no correlation - the stocks move independently of each other.
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