SNX vs. CDW

Last updated Apr 1, 2026

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

Performance

SNX vs. CDW - Performance Comparison

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

SNX vs. CDW - Yearly Performance Comparison

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

Fundamentals

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

Returns By Period

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

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%

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%

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

Return for Risk

SNX vs. CDW — Risk / Return Rank

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

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

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

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.

SNX vs. CDW - Risk-Adjusted Trends Comparison

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

	SNX	CDW	Difference
Sharpe ratio Return per unit of total volatility	2.15	-0.68	+2.83
Sortino ratio Return per unit of downside risk	2.87	-0.81	+3.69
Omega ratio Gain probability vs. loss probability	1.38	0.90	+0.49
Calmar ratio Return relative to maximum drawdown	4.54	-0.60	+5.15
Martin ratio Return relative to average drawdown	11.07	-1.15	+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.

SNX vs. CDW - Sharpe Ratio Comparison

The current SNX Sharpe Ratio is 2.15, which is higher than the CDW Sharpe Ratio of -0.68. The chart below compares the historical Sharpe Ratios of SNX and CDW, 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

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

Correlation

The correlation between SNX and CDW 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

SNX vs. CDW - Dividend Comparison

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

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
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%

Drawdowns

SNX vs. CDW - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

SNX vs. CDW - Volatility Comparison

TD SYNNEX Corporation (SNX) has a higher volatility of 9.83% compared to CDW Corporation (CDW) at 7.64%. This indicates that SNX's price experiences larger fluctuations and is considered to be riskier than CDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

Financials

SNX vs. CDW - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.