SCWO vs. LRN

Last updated Jun 23, 2026

SCWO (374Water Inc. Common Stock) and LRN (Stride, Inc.) are both stocks. SCWO operates in Pollution & Treatment Controls (Industrials), while LRN operates in Education & Training Services (Consumer Defensive). Over the past 10 years, SCWO returned 0.38%/yr vs 21.75%/yr for LRN. At a 0.05 correlation, their price movements are largely independent.

Performance

SCWO vs. LRN - Performance Comparison

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

Returns By Period

In the year-to-date period, SCWO achieves a 4.41% return, which is significantly lower than LRN's 26.78% return. Over the past 10 years, SCWO has underperformed LRN with an annualized return of 0.38%, while LRN has yielded a comparatively higher 21.75% annualized return.

SCWO

• 1D: -5.33%
• 1M: -12.35%
• YTD: 4.41%
• 6M: -10.58%
• 1Y: -40.30%
• 3Y*: -57.16%
• 5Y*: -37.02%
• 10Y*: 0.38%

LRN

• 1D: -0.58%
• 1M: -7.12%
• YTD: 26.78%
• 6M: 24.35%
• 1Y: -43.57%
• 3Y*: 29.92%
• 5Y*: 21.07%
• 10Y*: 21.75%

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

SCWO vs. LRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCWO 374Water Inc. Common Stock	4.41%	-70.11%	-51.93%	-50.35%	0.35%	239.29%	833.33%	73.08%	-56.67%	-7.69%
LRN Stride, Inc.	26.78%	-37.53%	75.05%	89.80%	-6.15%	56.99%	4.32%	-17.91%	55.91%	-7.34%

Correlation

The correlation between SCWO and LRN is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.20
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.07
Correlation (All Time) Calculated using the full available price history since Jun 25, 2012	0.05

The correlation between SCWO and LRN shifts across timeframes, from 0.05 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS SCWO : $0.19 LRN : $9.68
PE Ratio SCWO : 11.13 LRN : 8.51
PS Ratio SCWO : 0.00 LRN : 1.57
Total Revenue (TTM) SCWO : $215.04B LRN : $2.54B
Gross Profit (TTM) SCWO : -$2.35T LRN : $972.24M
EBITDA (TTM) SCWO : -$20.98T LRN : $424.60M

Return for Risk

SCWO vs. LRN — Risk / Return Rank

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

SCWO

SCWO Risk / Return Rank: 35
SCWO Sharpe Ratio Rank: 31
SCWO Sortino Ratio Rank: 47
SCWO Omega Ratio Rank: 46
SCWO Calmar Ratio Rank: 23
SCWO Martin Ratio Rank: 28

LRN

LRN Risk / Return Rank: 18
LRN Sharpe Ratio Rank: 14
LRN Sortino Ratio Rank: 22
LRN Omega Ratio Rank: 15
LRN Calmar Ratio Rank: 16
LRN Martin Ratio Rank: 20

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.

SCWO vs. LRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 374Water Inc. Common Stock (SCWO) and Stride, Inc. (LRN). 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	LRN	Difference
Sharpe ratio: Return per unit of total volatility	-0.26	-0.64	+0.38
Sortino ratio: Return per unit of downside risk	0.64	-0.40	+1.05
Omega ratio: Gain probability vs. loss probability	1.08	0.90	+0.18
Calmar ratio: Return relative to maximum drawdown	-0.54	-0.68	+0.14
Martin ratio: Return relative to average drawdown	-0.76	-1.02	+0.26

SCWO vs. LRN - Sharpe Ratio Comparison

The current SCWO Sharpe Ratio is -0.26, which is higher than the LRN Sharpe Ratio of -0.64. The chart below compares the historical Sharpe Ratios of SCWO and LRN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCWO vs. LRN - Drawdown Comparison

The maximum SCWO drawdown since its inception was -99.05%, which is greater than LRN's maximum drawdown of -81.41%. Use the drawdown chart below to compare losses from any high point for SCWO and LRN.

Drawdown Indicators

	SCWO	LRN	Difference
Max Drawdown Largest peak-to-trough decline	-99.05%	-81.41%	-17.64%
Max Drawdown (1Y) Largest decline over 1 year	-74.93%	-64.07%	-10.86%
Max Drawdown (3Y) Largest decline over 3 years	-93.52%	-64.07%	-29.45%
Max Drawdown (5Y) Largest decline over 5 years	-96.45%	-64.07%	-32.38%
Max Drawdown (10Y) Largest decline over 10 years	-96.45%	-64.07%	-32.38%
Current Drawdown Current decline from peak	-95.69%	-51.52%	-44.17%
Average Drawdown Average peak-to-trough decline	-56.77%	-36.29%	-20.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	52.95%	42.71%	+10.24%

Volatility

SCWO vs. LRN - Volatility Comparison

374Water Inc. Common Stock (SCWO) has a higher volatility of 29.56% compared to Stride, Inc. (LRN) at 18.09%. This indicates that SCWO's price experiences larger fluctuations and is considered to be riskier than LRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCWO	LRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.56%	18.09%	+11.47%
Volatility (6M) Calculated over the trailing 6-month period	77.64%	28.89%	+48.75%
Volatility (1Y) Calculated over the trailing 1-year period	157.71%	68.40%	+89.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	108.29%	51.82%	+56.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	188.73%	49.43%	+139.30%

Dividends

SCWO vs. LRN - Dividend Comparison

Neither SCWO nor LRN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SCWO and LRN in my portfolio?

SCWO and LRN have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCWO or LRN?

SCWO has higher volatility (29.56%) compared to LRN (18.09%). In terms of maximum drawdown, SCWO dropped -99.05% vs LRN's -81.41%.

Which has better risk-adjusted returns?

SCWO currently has the higher Sharpe Ratio (-0.26 vs -0.64), 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.