CDW vs. SNX

Last updated Apr 1, 2026

Compare and contrast key facts about CDW Corporation (CDW) and TD SYNNEX Corporation (SNX).

Performance

CDW vs. SNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CDW Corporation (CDW) and TD SYNNEX Corporation (SNX). The values are adjusted to include any dividend payments, if applicable.

CDW vs. SNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CDW CDW Corporation	-10.70%	-20.56%	-22.57%	28.84%	-11.75%	56.87%	-6.55%	78.22%	17.98%	34.92%
SNX TD SYNNEX Corporation	12.66%	29.82%	10.55%	15.25%	-16.11%	41.48%	26.81%	61.74%	-39.71%	13.33%

Fundamentals

Market Cap CDW : $15.81B SNX : $13.53B
EPS CDW : $8.10 SNX : $12.06
PE Ratio CDW : 14.93 SNX : 13.99
PEG Ratio CDW : 4.24 SNX : 1.07
PS Ratio CDW : 0.71 SNX : 0.21
PB Ratio CDW : 6.06 SNX : 1.54
Total Revenue (TTM) CDW : $22.42B SNX : $65.14B
Gross Profit (TTM) CDW : $4.87B SNX : $4.43B
EBITDA (TTM) CDW : $1.88B SNX : $1.91B

Returns By Period

In the year-to-date period, CDW achieves a -10.70% return, which is significantly lower than SNX's 12.66% return. Over the past 10 years, CDW has underperformed SNX with an annualized return of 12.56%, while SNX has yielded a comparatively higher 15.10% annualized return.

CDW

• 1D: 2.12%
• 1M: -1.32%
• YTD: -10.70%
• 6M: -23.30%
• 1Y: -23.22%
• 3Y*: -13.52%
• 5Y*: -5.34%
• 10Y*: 12.56%

SNX

• 1D: 5.36%
• 1M: 7.59%
• YTD: 12.66%
• 6M: 3.65%
• 1Y: 64.48%
• 3Y*: 22.04%
• 5Y*: 8.97%
• 10Y*: 15.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CDW vs. SNX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CDW

CDW Risk / Return Rank: 17
CDW Sharpe Ratio Rank: 13
CDW Sortino Ratio Rank: 14
CDW Omega Ratio Rank: 15
CDW Calmar Ratio Rank: 22
CDW Martin Ratio Rank: 21

SNX

SNX Risk / Return Rank: 91
SNX Sharpe Ratio Rank: 92
SNX Sortino Ratio Rank: 90
SNX Omega Ratio Rank: 89
SNX Calmar Ratio Rank: 93
SNX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CDW vs. SNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CDW Corporation (CDW) and TD SYNNEX Corporation (SNX). 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.

	CDW	SNX	Difference
Sharpe ratio Return per unit of total volatility	-0.68	2.15	-2.83
Sortino ratio Return per unit of downside risk	-0.81	2.87	-3.69
Omega ratio Gain probability vs. loss probability	0.90	1.38	-0.49
Calmar ratio Return relative to maximum drawdown	-0.60	4.54	-5.15
Martin ratio Return relative to average drawdown	-1.15	11.07	-12.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CDW vs. SNX - Sharpe Ratio Comparison

The current CDW Sharpe Ratio is -0.68, which is lower than the SNX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of CDW and SNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CDW	SNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.68	2.15	-2.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	0.31	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.44	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.44	+0.16

Correlation

The correlation between CDW and SNX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CDW vs. SNX - Dividend Comparison

CDW's dividend yield for the trailing twelve months is around 2.07%, more than SNX's 1.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CDW CDW Corporation	2.07%	1.84%	1.43%	1.05%	1.17%	0.83%	1.17%	0.89%	1.14%	0.99%	0.93%	0.74%
SNX TD SYNNEX Corporation	1.07%	1.17%	1.36%	1.30%	1.27%	0.70%	0.25%	1.16%	1.73%	0.77%	0.70%	0.64%

Drawdowns

CDW vs. SNX - Drawdown Comparison

The maximum CDW drawdown since its inception was -54.71%, smaller than the maximum SNX drawdown of -67.27%. Use the drawdown chart below to compare losses from any high point for CDW and SNX.

Drawdown Indicators

	CDW	SNX	Difference
Max Drawdown Largest peak-to-trough decline	-54.71%	-67.27%	+12.56%
Max Drawdown (1Y) Largest decline over 1 year	-39.49%	-13.97%	-25.52%
Max Drawdown (5Y) Largest decline over 5 years	-54.71%	-36.52%	-18.19%
Max Drawdown (10Y) Largest decline over 10 years	-54.71%	-55.94%	+1.23%
Current Drawdown Current decline from peak	-51.70%	-2.03%	-49.67%
Average Drawdown Average peak-to-trough decline	-10.37%	-15.48%	+5.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.77%	5.73%	+15.04%

Volatility

CDW vs. SNX - Volatility Comparison

The current volatility for CDW Corporation (CDW) is 7.64%, while TD SYNNEX Corporation (SNX) has a volatility of 9.83%. This indicates that CDW experiences smaller price fluctuations and is considered to be less risky than SNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CDW	SNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.64%	9.83%	-2.19%
Volatility (6M) Calculated over the trailing 6-month period	23.46%	20.51%	+2.95%
Volatility (1Y) Calculated over the trailing 1-year period	34.17%	30.12%	+4.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.32%	28.91%	-0.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.71%	34.26%	-4.55%

Financials

CDW vs. SNX - Profitability Comparison

The chart below illustrates the profitability comparison between CDW Corporation and TD SYNNEX Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CDW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, CDW Corporation reported a gross profit of 1.25B and revenue of 5.51B. Therefore, the gross margin over that period was 22.8%.

SNX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TD SYNNEX Corporation reported a gross profit of 1.25B and revenue of 17.16B. Therefore, the gross margin over that period was 7.3%.

CDW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, CDW Corporation reported an operating income of 430.70M and revenue of 5.51B, resulting in an operating margin of 7.8%.

SNX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TD SYNNEX Corporation reported an operating income of 489.36M and revenue of 17.16B, resulting in an operating margin of 2.9%.

CDW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, CDW Corporation reported a net income of 279.50M and revenue of 5.51B, resulting in a net margin of 5.1%.

SNX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TD SYNNEX Corporation reported a net income of 326.92M and revenue of 17.16B, resulting in a net margin of 1.9%.