SHW vs. IVW
SHW (The Sherwin-Williams Company) is a stock, while IVW (iShares S&P 500 Growth ETF) is Large Cap Growth Equities fund tracking the S&P 500 Growth Index. Over the past 10 years, SHW returned 12.85%/yr vs 18.07%/yr for IVW. A 0.53 correlation means they provide meaningful diversification when combined.
Performance
SHW vs. IVW - Performance Comparison
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Returns By Period
In the year-to-date period, SHW achieves a -8.06% return, which is significantly lower than IVW's 13.68% return. Over the past 10 years, SHW has underperformed IVW with an annualized return of 12.85%, while IVW has yielded a comparatively higher 18.07% annualized return.
SHW
- 1D
- 1.19%
- 1M
- -4.26%
- YTD
- -8.06%
- 6M
- -12.18%
- 1Y
- -16.35%
- 3Y*
- 8.13%
- 5Y*
- 1.83%
- 10Y*
- 12.85%
IVW
- 1D
- -0.98%
- 1M
- 7.39%
- YTD
- 13.68%
- 6M
- 13.49%
- 1Y
- 33.77%
- 3Y*
- 27.99%
- 5Y*
- 15.93%
- 10Y*
- 18.07%
SHW vs. IVW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHW The Sherwin-Williams Company | -8.06% | -3.83% | 9.90% | 32.73% | -31.96% | 44.90% | 27.05% | 49.70% | -3.23% | 54.11% |
IVW iShares S&P 500 Growth ETF | 13.68% | 21.95% | 35.82% | 29.83% | -29.50% | 31.80% | 33.19% | 30.77% | -0.21% | 27.21% |
Correlation
The correlation between SHW and IVW is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since May 30, 2000 | 0.53 |
Over the past year, the correlation between SHW and IVW has dropped to 0.23 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.
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Return for Risk
SHW vs. IVW — Risk / Return Rank
SHW
IVW
SHW vs. IVW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Sherwin-Williams Company (SHW) and iShares S&P 500 Growth ETF (IVW). 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.
| SHW | IVW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.81 | ||
| Sortino ratioReturn per unit of downside risk | -3.76 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 1.37 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 2.47 | -3.24 |
| Martin ratioReturn relative to average drawdown | -1.64 | 10.19 | -11.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SHW | IVW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.67 | 2.14 | -2.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.76 | -0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.88 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.45 | +0.09 |
Drawdowns
SHW vs. IVW - Drawdown Comparison
The maximum SHW drawdown since its inception was -52.02%, smaller than the maximum IVW drawdown of -57.33%. Use the drawdown chart below to compare losses from any high point for SHW and IVW.
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Drawdown Indicators
| SHW | IVW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.02% | -57.33% | +5.31% |
Max Drawdown (1Y)Largest decline over 1 year | -21.36% | -13.75% | -7.61% |
Max Drawdown (3Y)Largest decline over 3 years | -25.69% | -22.15% | -3.54% |
Max Drawdown (5Y)Largest decline over 5 years | -42.46% | -32.72% | -9.74% |
Max Drawdown (10Y)Largest decline over 10 years | -42.46% | -32.72% | -9.74% |
Current DrawdownCurrent decline from peak | -24.80% | -1.12% | -23.68% |
Average DrawdownAverage peak-to-trough decline | -11.62% | -17.62% | +6.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.97% | 3.32% | +6.65% |
Volatility
SHW vs. IVW - Volatility Comparison
The Sherwin-Williams Company (SHW) has a higher volatility of 7.49% compared to iShares S&P 500 Growth ETF (IVW) at 4.30%. This indicates that SHW's price experiences larger fluctuations and is considered to be riskier than IVW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHW | IVW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.49% | 4.30% | +3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 18.40% | 12.37% | +6.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.66% | 15.87% | +8.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.12% | 21.16% | +4.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.51% | 20.62% | +5.89% |
Dividends
SHW vs. IVW - Dividend Comparison
SHW's dividend yield for the trailing twelve months is around 1.07%, more than IVW's 0.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVW iShares S&P 500 Growth ETF | 0.35% | 0.40% | 0.43% | 1.03% | 0.92% | 0.46% | 0.82% | 1.63% | 1.28% | 1.30% | 1.51% | 1.51% |
SHW The Sherwin-Williams Company | 1.07% | 0.98% | 0.84% | 0.78% | 1.01% | 0.62% | 0.73% | 0.77% | 0.87% | 0.83% | 1.25% | 1.03% |
Frequently Asked Questions
SHW and IVW have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHW has higher volatility (7.49%) compared to IVW (4.30%). In terms of maximum drawdown, SHW dropped -52.02% vs IVW's -57.33%.
IVW currently has the higher Sharpe Ratio (2.14 vs -0.67), 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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