CDW vs SPY: CDW Corporation vs SPDR S&P 500 ETF Trust Historical Returns & Investment Comparison

This CDW vs SPY comparison analyzes the historical stock performance of CDW Corporation and SPDR S&P 500 ETF Trust side-by-side. Using real, adjusted market data, this tool shows how identical investments in both stocks would have performed over time—highlighting differences in returns, volatility, and consistency across market cycles.

Use the interactive calculator below to adjust the investment amount and time period, visualizing how CDW Corporation and SPDR S&P 500 ETF Trust have historically performed against each other.

Compare Stock Performance

Select two stocks and an investment amount to see how they compare over time.

Compare any two stocks to see which performed better historically

Performance Summary

$10,000 invested from 2013 to 2025 (13 years)

Head-to-Head Record

9
CDW Wins
0
Ties
4
SPY Wins

Over the 13-year comparison period, CDW Corporation outperformed SPDR S&P 500 ETF Trust in 9 years, while SPDR S&P 500 ETF Trust outperformed CDW Corporation in 4 years.

CDW - CDW Corporation

Average Annual Return:+22.90%
Best Year:+82.45% (2019)
Worst Year:-20.23% (2024)
Win Rate:69.2% (9/13 years)
Total Value:$97,025.53
Total Gain:+$87,025.53 (+870.26%)

SPY - SPDR S&P 500 ETF Trust

Average Annual Return:+11.71%
Best Year:+37.39% (1995)
Worst Year:-36.24% (2008)
Win Rate:81.8% (27/33 years)
Total Value:$250,597.02
Total Gain:+$240,597.02 (+2405.97%)

Overall Winner: CDW with an average annual return of 22.90% (vs 11.71% for SPY)

Understanding CDW vs SPY Performance

When comparing CDW Corporation and SPDR S&P 500 ETF Trust, investors should consider multiple factors beyond just total returns. Volatility, consistency of growth, dividend payments, and sector-specific risks all play crucial roles in determining which stock might be better suited for your investment strategy and risk tolerance.

Historical performance data shows how each stock responded to market downturns, economic expansions, and company-specific events. While past performance doesn't guarantee future results, understanding these patterns can help inform investment decisions and portfolio allocation strategies.

Cumulative Growth Comparison

A $10,000 investment in CDW Corporation grew to $97,026, compared to $250,597 for SPDR S&P 500 ETF Trust over the same period.

Year-by-Year Comparison

YearCDW ReturnCDW CumulativeSPY ReturnSPY CumulativeDifferenceWinner
2013 (Start)-$10,000.00-$10,000.00-Initial Investment
2014+27.42%$12,742.36+29.00%$54,380.19-1.58% (SPY)SPY
2015+51.42%$19,294.31+14.56%$62,298.86+36.86% (CDW)CDW
2016+21.54%$23,450.84+1.29%$63,101.60+20.25% (CDW)CDW
2017+28.59%$30,154.41+13.59%$71,674.43+15.00% (CDW)CDW
2018+36.36%$41,117.49+20.78%$86,569.38+15.58% (CDW)CDW
2019+17.52%$48,320.62-5.25%$82,026.91+22.77% (CDW)CDW
2020+82.45%$88,162.46+31.09%$107,527.02+51.37% (CDW)CDW
2021-7.22%$81,794.96+17.24%$126,059.55-24.46% (SPY)SPY
2022+62.58%$132,983.10+30.51%$164,514.60+32.08% (CDW)CDW
2023-11.85%$117,226.75-18.65%$133,838.54+6.80% (CDW)CDW
2024+28.18%$150,258.15+26.71%$169,585.78+1.47% (CDW)CDW
2025-20.23%$119,858.00+25.59%$212,981.61-45.82% (SPY)SPY
2026-19.05%$97,025.53+17.66%$250,597.02-36.71% (SPY)SPY

Annual returns include dividends and stock splits. Cumulative values show growth of $10,000 invested from the first year. Positive difference means CDW outperformed SPY that year.

Company Profiles

1

CDW Corporation

CDW

CDW Corporation is a multi-brand provider of information technology (IT) solutions and services, serving business, government, education, and healthcare sectors across the United States, the United Kingdom, and Canada. The company resells hardware, software, and services from over 1,000 technology vendors to more than 250,000 customers.

Key Innovations

  • Pioneered a direct-sales catalog model for technology resale, making IT products more accessible.
  • Launched one of the first e-commerce websites in its industry (CDW.com), facilitating online purchasing of IT solutions.

Business Segments

  • Corporate
    Serves a wide range of corporate customers across various industries with IT products and services.
  • Small Business
    Provides IT solutions tailored to the needs of small business customers.
  • Government
    Serves federal, state, and local government agencies with IT products and services through CDW-G.
2

SPDR S&P 500 ETF Trust

SPY

SPY is the first exchange-traded fund (ETF) listed in the US. It is designed to track the S&P 500 Index, which measures the performance of the large-cap segment of the US equity market.

Key Innovations

  • First US-listed ETF

Business Segments

  • ETF
    Passive investment vehicle tracking the S&P 500.

How This Comparison Works

Our stock comparison tool uses adjusted closing prices to calculate year-by-year returns for both stocks. This ensures an apples-to-apples comparison that accounts for:

  • Dividends: All dividend payments are reinvested
  • Stock splits: Historical prices are adjusted for all splits
  • Head-to-head record: Shows which stock outperformed each year
  • Statistical analysis: Average returns, best/worst years, and win rates

Share This Comparison

Important Disclaimer

This comparison tool is for educational and informational purposes only and does not constitute financial, investment, or trading advice. Past performance is not indicative of future results. Historical returns include dividends and stock splits but do not account for taxes, fees, inflation, or individual circumstances. Stock market investments carry risk, including the potential loss of principal. Always consult with a qualified financial advisor before making investment decisions. The data presented is based on historical market data and may contain inaccuracies or delays.