SCWO vs. FIAC

Last updated Aug 1, 2026

SCWO (374Water Inc. Common Stock) and FIAC (Focus Impact Acquisition Corp.) are both stocks. SCWO operates in Pollution & Treatment Controls (Industrials), while FIAC operates in Shell Companies (Financial Services). Their 0.10 correlation means their historical movements had little consistent relationship.

Performance

SCWO vs. FIAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 374Water Inc. Common Stock (SCWO) and Focus Impact Acquisition Corp. (FIAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SCWO

• 1D: -2.68%
• 1M: 9.55%
• 6M: -29.90%
• YTD: 6.86%
• 1Y: 15.96%
• 3Y*: -53.44%
• 5Y*: -37.47%
• 10Y*: 0.37%
• ALL TIME*: -9.57%

FIAC

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SCWO 374Water Inc. Common Stock	$106.33K	$109.95K	$142.12K

SCWO vs. FIAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SCWO 374Water Inc. Common Stock	6.86%	-70.11%	-51.93%	-50.35%	0.35%	20.76%
FIAC Focus Impact Acquisition Corp.	0.00%	0.00%	-81.54%	6.97%	3.14%	1.23%

Correlation

The correlation between SCWO and FIAC is 0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (3Y) Balances recent behavior with more history.	0.06
Correlation (All Time) Calculated using the full available price history since Dec 23, 2021	0.10

Fundamentals

Market Cap SCWO : $38.14M FIAC : $66.31M
EPS SCWO : $0.26 FIAC : -$1.26
PS Ratio SCWO : 0.00 FIAC : 552.51
Total Revenue (TTM) SCWO : $215.04B FIAC : $19.03K
Gross Profit (TTM) SCWO : -$2.35T FIAC : $6.16K
EBITDA (TTM) SCWO : -$20.98T FIAC : -$7.52M

Return for Risk

SCWO vs. FIAC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCWO

SCWO Risk / Return Rank: 48
SCWO Sharpe Ratio Rank: 41
SCWO Sortino Ratio Rank: 60
SCWO Omega Ratio Rank: 59
SCWO Calmar Ratio Rank: 39
SCWO Martin Ratio Rank: 41

FIAC

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCWO vs. FIAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 374Water Inc. Common Stock (SCWO) and Focus Impact Acquisition Corp. (FIAC). 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.

	SCWO	FIAC	Difference
Sharpe ratio: Return per unit of total volatility	-0.08	—	—
Sortino ratio: Return per unit of downside risk	1.05	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	-0.15	—	—
Martin ratio: Return relative to average drawdown	-0.21	—	—

Drawdowns

Drawdown Indicators

	SCWO	FIAC	Difference
Max Drawdown Largest peak-to-trough decline	-99.05%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-74.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-91.40%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-96.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-96.45%	—	—
Current Drawdown Current decline from peak	-95.59%	—	—
Average Drawdown Average peak-to-trough decline	-57.08%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	55.25%	—	—

Volatility

Volatility by Period

	SCWO	FIAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	58.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	151.13%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	107.62%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	188.72%	—	—

Dividends

SCWO vs. FIAC - Dividend Comparison

Neither SCWO nor FIAC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SCWO and FIAC in my portfolio?

SCWO and FIAC have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.