Futurewave Acquisition Corp. (FWAC) vs HCM III Acquisition Corp. (HCMA)

Over the past 3 years, HCMA lagged FWAC — -2.23% vs 17.33% annualized total return (price plus dividends).

A side-by-side comparison of Futurewave Acquisition Corp. and HCM III Acquisition Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

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Total return — FWAC vs HCMA

growth of $100 · dividends reinvested · last 5y
FWAC +2.6% (+0.5%/yr)HCMA +3.9% (+0.8%/yr)HCMA compounded faster over this window
50100150Start $1002023202420252026$103$104
FWAC HCMA

Metrics side by side

Did HCMA beat FWAC?

Over the past 3 years, HCMA lagged FWAC — -2.23% vs 17.33% annualized total return (price plus dividends).

Total return (annualized)

MetricFWACHCMA
Total return (1Y)N/A1.77%
Total return CAGR (3Y)17.33%-2.23%
Total return CAGR (5Y)0.10%N/A

FWAC is an index fund, so valuation, profitability, and per-company growth metrics don't apply — the head-to-head here is total return (price plus reinvested dividends).

Frequently asked

Has HCMA beaten FWAC?
Over the past 3 years, HCMA lagged FWAC — -2.23% vs 17.33% annualized total return (price plus dividends).

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.