SHW vs SPY: The Sherwin-Williams Company vs SPDR S&P 500 ETF Trust Historical Returns & Investment Comparison

This SHW vs SPY comparison analyzes the historical stock performance of The Sherwin-Williams Company 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 The Sherwin-Williams Company 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 1986 to 2025 (40 years)

Head-to-Head Record

18
SHW Wins
0
Ties
15
SPY Wins

Over the 33-year comparison period, The Sherwin-Williams Company outperformed SPDR S&P 500 ETF Trust in 18 years, while SPDR S&P 500 ETF Trust outperformed The Sherwin-Williams Company in 15 years.

SHW - The Sherwin-Williams Company

Average Annual Return:+18.30%
Best Year:+71.17% (2012)
Worst Year:-29.35% (2022)
Win Rate:77.5% (31/40 years)
Total Value:$3,942,013.18
Total Gain:+$3,932,013.18 (+39320.13%)

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: SHW with an average annual return of 18.30% (vs 11.71% for SPY)

Understanding SHW vs SPY Performance

When comparing The Sherwin-Williams Company 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 The Sherwin-Williams Company grew to $3,942,013, compared to $250,597 for SPDR S&P 500 ETF Trust over the same period.

Year-by-Year Comparison

YearSHW ReturnSHW CumulativeSPY ReturnSPY CumulativeDifferenceWinner
1986 (Start)-$10,000.00-$10,000.00-Initial Investment
1987+30.07%$13,006.83---Tie
1988-13.68%$11,226.94---Tie
1989-2.42%$10,955.30---Tie
1990+39.99%$15,336.78---Tie
1991+10.80%$16,992.63---Tie
1992+50.30%$25,540.73---Tie
1993+20.81%$30,854.75---Tie
1994+17.11%$36,132.58+8.71%$10,870.91+8.40% (SHW)SHW
1995-4.00%$34,688.90+0.67%$10,943.47-4.66% (SPY)SPY
1996+25.73%$43,614.01+37.39%$15,035.16-11.66% (SPY)SPY
1997+39.92%$61,025.84+21.20%$18,223.19+18.72% (SHW)SHW
1998+1.60%$62,002.54+33.14%$24,261.81-31.54% (SPY)SPY
1999+7.03%$66,363.43+28.03%$31,063.11-21.00% (SPY)SPY
2000-27.90%$47,851.11+20.66%$37,482.18-48.56% (SPY)SPY
2001+33.96%$64,099.00-8.85%$34,165.23+42.80% (SHW)SHW
2002+13.05%$72,462.94-10.13%$30,703.75+23.18% (SHW)SHW
2003+6.46%$77,146.59-22.42%$23,820.14+28.88% (SHW)SHW
2004+22.29%$94,342.67+24.18%$29,580.86-1.89% (SPY)SPY
2005+31.01%$123,594.96+10.75%$32,760.13+20.26% (SHW)SHW
2006+4.89%$129,638.69+5.32%$34,504.59-0.43% (SPY)SPY
2007+43.48%$186,003.34+13.84%$39,281.03+29.64% (SHW)SHW
2008-6.65%$173,638.54+5.33%$41,375.53-11.98% (SPY)SPY
2009+8.35%$188,141.93-36.24%$26,382.38+44.59% (SHW)SHW
2010+5.47%$198,434.77+22.65%$32,359.23-17.18% (SPY)SPY
2011+38.59%$275,017.79+13.14%$36,610.39+25.46% (SHW)SHW
2012+7.22%$294,879.05+0.85%$36,922.44+6.37% (SHW)SHW
2013+71.17%$504,731.79+14.17%$42,154.69+56.99% (SHW)SHW
2014+18.45%$597,843.08+29.00%$54,380.19-10.55% (SPY)SPY
2015+45.72%$871,166.99+14.56%$62,298.86+31.16% (SHW)SHW
2016-0.12%$870,092.70+1.29%$63,101.60-1.41% (SPY)SPY
2017+6.78%$929,109.71+13.59%$71,674.43-6.80% (SPY)SPY
2018+50.86%$1,401,640.51+20.78%$86,569.38+30.08% (SHW)SHW
2019-4.08%$1,344,385.78-5.25%$82,026.91+1.16% (SHW)SHW
2020+50.17%$2,018,821.84+31.09%$107,527.02+19.08% (SHW)SHW
2021+29.65%$2,617,385.54+17.24%$126,059.55+12.41% (SHW)SHW
2022+47.19%$3,852,439.49+30.51%$164,514.60+16.68% (SHW)SHW
2023-29.35%$2,721,874.28-18.65%$133,838.54-10.70% (SPY)SPY
2024+31.59%$3,581,836.94+26.71%$169,585.78+4.89% (SHW)SHW
2025+12.42%$4,026,686.62+25.59%$212,981.61-13.17% (SPY)SPY
2026-2.10%$3,942,013.18+17.66%$250,597.02-19.76% (SPY)SPY

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

Company Profiles

1

The Sherwin-Williams Company

SHW

Sherwin-Williams is a global leader in the manufacture, development, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers.

Key Innovations

  • SuperPaint
  • ColorSnap visualization tools

Business Segments

  • Paint Stores Group
    Company-operated retail stores.
  • Consumer Brands Group
    Brands sold through third-party retailers (Valspar).
  • Performance Coatings Group
    Industrial and automotive coatings.
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.