FGMCU vs VWAV

Comparison between FG Merger II Corp - Units (1 Ord & 1/2 War) (FGMCU, Company) and VisionWave Holdings Inc (VWAV, Company).

FGMCU is from the Financial Services sector, while VWAV is from the Industrials sector.

FGMCU vs VWAV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FGMCU(COMPANY)	VWAV(COMPANY)
Market Cap	$101M	$100M
Max Drawdown	47.72%	66.57%
Sharpe Ratio	0.43	0.86
5Y Beta	-0.42	1.40
Industry	Shell Companies	Aerospace & Defense
P/E Ratio	76.77	-8.28
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-0.36%	-11.55%

Market Cap

Winner

FGMCU

$101M

VWAV

$100M

Max Drawdown

Winner

FGMCU

47.72%

VWAV

66.57%

Sharpe Ratio

FGMCU

0.43

Winner

VWAV

0.86

5Y Beta

Winner

FGMCU

-0.42

VWAV

1.40

Industry

FGMCU

Shell Companies

VWAV

Aerospace & Defense

P/E Ratio

FGMCU

76.77

Winner

VWAV

-8.28

Debt to Equity

FGMCU

0.00%

VWAV

0.00%

Free Cash Flow Yield

Winner

FGMCU

-0.36%

VWAV

-11.55%

FGMCU vs VWAV - Historical Returns

Returns include dividend reinvestment.

Period	FGMCU	VWAV
1 month	+2.86%	-6.63%
3 months	+7.58%	-30.66%
6 months	+10.58%	-43.33%
1 year	+14.20%	+50.76%
Max(CAGR)	+12.02%	+55.84%

Winner

FGMCU

+2.86%

VWAV

-6.63%

Winner

FGMCU

+7.58%

VWAV

-30.66%

Winner

FGMCU

+10.58%

VWAV

-43.33%

FGMCU

+14.20%

Winner

VWAV

+50.76%

Max(CAGR)

FGMCU

+12.02%

Winner

VWAV

+55.84%

FGMCU vs VWAV - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	FGMCU	VWAV
2026	+10.58%	-49.95%
2025	+5.80%	+183.18%

FGMCU vs VWAV Drawdown Comparison

The maximum drawdown for FGMCU was -47.72%, occurring on Jun 15, 2026. This drawdown has not yet recovered.

The maximum drawdown for VWAV was -66.57%, occurring on Mar 31, 2026. This drawdown has not yet recovered.

The current FGMCU drawdown is -38.34%. The current VWAV drawdown is -65.23%.

Rank	FGMCU	VWAV
#1	-47.72% Jun 8, 2026 - Jun 15, 2026	-66.57% Jan 12, 2026 - Mar 31, 2026
#2	-5.06% Oct 10, 2025 - May 11, 2026	-43.52% Oct 22, 2025 - Jan 9, 2026
#3	-1.52% Jan 30, 2025 - May 12, 2025	-40.45% Jul 28, 2025 - Sep 8, 2025
#4	-1.51% Oct 2, 2025 - Oct 8, 2025	-34.66% Jul 16, 2025 - Jul 28, 2025
#5	-1.16% May 18, 2026 - Jun 4, 2026	-32.52% Sep 8, 2025 - Oct 16, 2025
#6	-0.98% Jul 31, 2025 - Aug 11, 2025	-3.33% Oct 20, 2025 - Oct 22, 2025
#7	-0.89% Aug 11, 2025 - Aug 25, 2025	N/A
#8	-0.84% Jul 1, 2025 - Jul 31, 2025	N/A
#9	-0.68% Aug 25, 2025 - Sep 25, 2025	N/A
#10	-0.44% Jun 20, 2025 - Jun 30, 2025	N/A
#11	-0.40% May 19, 2025 - May 23, 2025	N/A
#12	-0.40% May 23, 2025 - Jun 5, 2025	N/A
#13	-0.30% Jun 17, 2025 - Jun 20, 2025	N/A
#14	-0.20% Jun 5, 2025 - Jun 10, 2025	N/A
#15	-0.10% Jun 10, 2025 - Jun 16, 2025	N/A

Correlation

Correlation between FGMCU and VWAV is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101