AYBLX vs. PINDX

Last updated Jun 23, 2026

AYBLX (Pioneer Balanced ESG Fund) and PINDX (Pioneer Disciplined Growth Fund) are both mutual funds - AYBLX is a Diversified Portfolio fund managed by Amundi, while PINDX is a Large Cap Growth Equities fund managed by Amundi. Over the past 10 years, AYBLX returned 10.59%/yr vs 16.52%/yr for PINDX. Their correlation of 0.90 suggests significant overlap in exposure. AYBLX charges 0.65%/yr vs 1.05%/yr for PINDX.

Performance

AYBLX vs. PINDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Balanced ESG Fund (AYBLX) and Pioneer Disciplined Growth Fund (PINDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AYBLX achieves a 14.22% return, which is significantly higher than PINDX's 9.09% return. Over the past 10 years, AYBLX has underperformed PINDX with an annualized return of 10.59%, while PINDX has yielded a comparatively higher 16.52% annualized return.

AYBLX

• 1D: 0.93%
• 1M: 1.85%
• YTD: 14.22%
• 6M: 14.00%
• 1Y: 33.22%
• 3Y*: 17.09%
• 5Y*: 9.89%
• 10Y*: 10.59%

PINDX

• 1D: 1.76%
• 1M: 0.00%
• YTD: 9.09%
• 6M: 8.63%
• 1Y: 27.65%
• 3Y*: 19.96%
• 5Y*: 13.02%
• 10Y*: 16.52%

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

AYBLX vs. PINDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AYBLX Pioneer Balanced ESG Fund	14.22%	19.80%	9.64%	15.41%	-14.39%	15.48%	12.92%	22.22%	-4.43%	15.19%
PINDX Pioneer Disciplined Growth Fund	9.09%	21.16%	19.33%	28.67%	-21.49%	25.59%	34.78%	35.61%	-5.08%	26.41%

Correlation

The correlation between AYBLX and PINDX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Oct 16, 1998	0.90

The correlation between AYBLX and PINDX has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Return for Risk

AYBLX vs. PINDX — Risk / Return Rank

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

AYBLX

AYBLX Risk / Return Rank: 94
AYBLX Sharpe Ratio Rank: 97
AYBLX Sortino Ratio Rank: 95
AYBLX Omega Ratio Rank: 90
AYBLX Calmar Ratio Rank: 94
AYBLX Martin Ratio Rank: 97

PINDX

PINDX Risk / Return Rank: 30
PINDX Sharpe Ratio Rank: 33
PINDX Sortino Ratio Rank: 30
PINDX Omega Ratio Rank: 30
PINDX Calmar Ratio Rank: 27
PINDX Martin Ratio Rank: 28

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.

AYBLX vs. PINDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Balanced ESG Fund (AYBLX) and Pioneer Disciplined Growth Fund (PINDX). 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.

	AYBLX	PINDX	Difference
Sharpe ratio: Return per unit of total volatility	3.30	1.54	+1.76
Sortino ratio: Return per unit of downside risk	4.63	2.12	+2.51
Omega ratio: Gain probability vs. loss probability	1.61	1.27	+0.34
Calmar ratio: Return relative to maximum drawdown	5.12	1.82	+3.30
Martin ratio: Return relative to average drawdown	23.78	6.10	+17.67

AYBLX vs. PINDX - Sharpe Ratio Comparison

The current AYBLX Sharpe Ratio is 3.30, which is higher than the PINDX Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of AYBLX and PINDX, 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

AYBLX vs. PINDX - Drawdown Comparison

The maximum AYBLX drawdown since its inception was -36.28%, smaller than the maximum PINDX drawdown of -52.37%. Use the drawdown chart below to compare losses from any high point for AYBLX and PINDX.

Drawdown Indicators

	AYBLX	PINDX	Difference
Max Drawdown Largest peak-to-trough decline	-36.28%	-52.37%	+16.09%
Max Drawdown (1Y) Largest decline over 1 year	-6.41%	-14.64%	+8.23%
Max Drawdown (3Y) Largest decline over 3 years	-13.39%	-23.52%	+10.13%
Max Drawdown (5Y) Largest decline over 5 years	-20.26%	-28.77%	+8.51%
Max Drawdown (10Y) Largest decline over 10 years	-24.24%	-29.82%	+5.58%
Current Drawdown Current decline from peak	-0.32%	-2.81%	+2.49%
Average Drawdown Average peak-to-trough decline	-3.78%	-11.46%	+7.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.38%	4.36%	-2.98%

Volatility

AYBLX vs. PINDX - Volatility Comparison

The current volatility for Pioneer Balanced ESG Fund (AYBLX) is 3.74%, while Pioneer Disciplined Growth Fund (PINDX) has a volatility of 6.26%. This indicates that AYBLX experiences smaller price fluctuations and is considered to be less risky than PINDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AYBLX	PINDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	6.26%	-2.52%
Volatility (6M) Calculated over the trailing 6-month period	7.86%	13.42%	-5.56%
Volatility (1Y) Calculated over the trailing 1-year period	9.94%	17.32%	-7.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.13%	19.88%	-8.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.33%	19.60%	-8.27%

AYBLX vs. PINDX - Expense Ratio Comparison

AYBLX has a 0.65% expense ratio, which is lower than PINDX's 1.05% expense ratio.

Dividends

AYBLX vs. PINDX - Dividend Comparison

AYBLX's dividend yield for the trailing twelve months is around 3.24%, less than PINDX's 4.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AYBLX Pioneer Balanced ESG Fund	3.24%	3.58%	2.59%	1.76%	3.23%	8.61%	4.12%	6.03%	9.97%	9.42%	2.63%	4.14%
PINDX Pioneer Disciplined Growth Fund	4.14%	4.51%	6.34%	0.17%	7.23%	33.14%	27.35%	5.20%	26.83%	12.86%	8.57%	6.14%

Frequently Asked Questions

Can I hold both AYBLX and PINDX in my portfolio?

AYBLX and PINDX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AYBLX or PINDX?

PINDX has higher volatility (6.26%) compared to AYBLX (3.74%). In terms of maximum drawdown, AYBLX dropped -36.28% vs PINDX's -52.37%.

Which has better risk-adjusted returns?

AYBLX currently has the higher Sharpe Ratio (3.30 vs 1.54), 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.