Cinco Chagas (English: Five Wounds) was a Portuguese nau (carrack) that was sunk during the action of Faial on 22–23 June 1594 during the Anglo-Spanish War.

[1][2] Cinco Chagas was built in Goa like her famous namesake thirty-two years previously.

[3] The cargo of Cinco Chagas (along with the salvaged cargo from the two other ships) was worth well in excess of 2,000,000 ducats, and in addition there were twenty-two treasure chests of diamonds, rubies, and pearls estimated to be worth US$15–20 billion by 2017 values.

[7]: 56  Estimates of the Cinco Chagas's location suggest that it lies in seas over one mile deep in the Atlantic Ocean eighteen miles south of the channel between Pico Island and Faial along with its precious cargo of diamonds and gems.

[8] The wreck has been searched for by treasure hunters but no signs have been found partly due to the depth.