CDW vs. IAU
CDW (CDW Corporation) is a stock, while IAU (iShares Gold Trust) is Gold fund tracking the LBMA Gold Price. Over the past 10 years, CDW returned 13.42%/yr vs 12.31%/yr for IAU. At a correlation of -0.05, they often move in opposite directions.
Performance
CDW vs. IAU - Performance Comparison
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Returns By Period
In the year-to-date period, CDW achieves a -1.88% return, which is significantly higher than IAU's -2.44% return. Over the past 10 years, CDW has outperformed IAU with an annualized return of 13.42%, while IAU has yielded a comparatively lower 12.31% annualized return.
CDW
- 1D
- 2.37%
- 1M
- 30.28%
- YTD
- -1.88%
- 6M
- -7.79%
- 1Y
- -20.93%
- 3Y*
- -7.68%
- 5Y*
- -3.49%
- 10Y*
- 13.42%
IAU
- 1D
- 0.08%
- 1M
- -7.39%
- YTD
- -2.44%
- 6M
- -2.22%
- 1Y
- 22.32%
- 3Y*
- 29.07%
- 5Y*
- 17.23%
- 10Y*
- 12.31%
CDW vs. IAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CDW CDW Corporation | -1.88% | -20.56% | -22.57% | 28.84% | -11.75% | 56.87% | -6.55% | 78.22% | 17.98% | 34.92% |
IAU iShares Gold Trust | -2.44% | 63.95% | 26.85% | 12.84% | -0.63% | -4.00% | 25.03% | 17.98% | -1.76% | 12.91% |
Correlation
The correlation between CDW and IAU is -0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.03 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2013 | -0.05 |
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Return for Risk
CDW vs. IAU — Risk / Return Rank
CDW
IAU
CDW vs. IAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CDW Corporation (CDW) and iShares Gold Trust (IAU). 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.
| CDW | IAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.19 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 0.99 | -1.50 |
| Martin ratioReturn relative to average drawdown | -0.99 | 2.83 | -3.82 |
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Drawdowns
CDW vs. IAU - Drawdown Comparison
The maximum CDW drawdown since its inception was -60.37%, which is greater than IAU's maximum drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for CDW and IAU.
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Drawdown Indicators
| CDW | IAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.37% | -45.14% | -15.23% |
Max Drawdown (1Y)Largest decline over 1 year | -44.97% | -24.40% | -20.57% |
Max Drawdown (3Y)Largest decline over 3 years | -60.37% | -24.40% | -35.97% |
Max Drawdown (5Y)Largest decline over 5 years | -60.37% | -24.40% | -35.97% |
Max Drawdown (10Y)Largest decline over 10 years | -60.37% | -24.40% | -35.97% |
Current DrawdownCurrent decline from peak | -46.93% | -22.03% | -24.90% |
Average DrawdownAverage peak-to-trough decline | -10.99% | -15.97% | +4.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.22% | 8.47% | +14.75% |
Volatility
CDW vs. IAU - Volatility Comparison
CDW Corporation (CDW) has a higher volatility of 16.66% compared to iShares Gold Trust (IAU) at 7.70%. This indicates that CDW's price experiences larger fluctuations and is considered to be riskier than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CDW | IAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.66% | 7.70% | +8.96% |
Volatility (6M)Calculated over the trailing 6-month period | 35.93% | 23.94% | +11.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.26% | 27.17% | +13.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.99% | 18.16% | +12.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.95% | 16.02% | +14.93% |
Dividends
CDW vs. IAU - Dividend Comparison
CDW's dividend yield for the trailing twelve months is around 1.90%, while IAU has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDW CDW Corporation | 1.90% | 1.84% | 1.43% | 1.05% | 1.17% | 0.83% | 1.17% | 0.89% | 1.14% | 0.99% | 0.93% | 0.74% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CDW and IAU have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CDW has higher volatility (16.66%) compared to IAU (7.70%). In terms of maximum drawdown, CDW dropped -60.37% vs IAU's -45.14%.
IAU currently has the higher Sharpe Ratio (0.89 vs -0.57), 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.
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