GLOSX vs. PIGFX

Last updated Aug 5, 2026

GLOSX (Pioneer Global Sustainable Equity Fund Class A) and PIGFX (Pioneer Fundamental Growth Fund) are both mutual funds - GLOSX is a Global Equities fund managed by Amundi, while PIGFX is a Large Cap Growth Equities fund managed by Amundi. Over the past 10 years, GLOSX returned 13.46%/yr vs 14.30%/yr for PIGFX. Their correlation of 0.85 means they have usually moved in the same direction. GLOSX charges 1.10%/yr vs 1.00%/yr for PIGFX.

Performance

GLOSX vs. PIGFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Global Sustainable Equity Fund Class A (GLOSX) and Pioneer Fundamental Growth Fund (PIGFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLOSX achieves a 15.87% return, which is significantly higher than PIGFX's 6.47% return. Over the past 10 years, GLOSX has underperformed PIGFX with an annualized return of 13.46%, while PIGFX has yielded a comparatively higher 14.30% annualized return.

GLOSX

• 1D: 0.91%
• 1M: 1.99%
• 6M: 9.54%
• YTD: 15.87%
• 1Y: 33.38%
• 3Y*: 24.10%
• 5Y*: 15.20%
• 10Y*: 13.46%
• ALL TIME*: 8.89%

PIGFX

• 1D: 1.36%
• 1M: 1.53%
• 6M: 8.64%
• YTD: 6.47%
• 1Y: 10.13%
• 3Y*: 16.51%
• 5Y*: 10.17%
• 10Y*: 14.30%
• ALL TIME*: 9.86%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GLOSX Pioneer Global Sustainable Equity Fund Class A	$0.00	$0.00	$0.00
PIGFX Pioneer Fundamental Growth Fund	$0.00	$0.00	$0.00

GLOSX vs. PIGFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLOSX Pioneer Global Sustainable Equity Fund Class A	15.87%	41.25%	11.45%	16.70%	-9.75%	23.28%	17.79%	23.30%	-16.32%	21.90%
PIGFX Pioneer Fundamental Growth Fund	6.47%	14.20%	17.46%	32.80%	-20.79%	23.80%	27.20%	33.88%	-0.64%	22.58%

Correlation

The correlation between GLOSX and PIGFX is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.78
Correlation (5Y) Shows whether the relationship held over a longer period.	0.81
Correlation (10Y) Provides a long-term view across more market conditions.	0.83
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006	0.85

The correlation between GLOSX and PIGFX has been stable across timeframes, ranging from 0.76 to 0.85 - a consistent structural relationship.

Return for Risk

GLOSX vs. PIGFX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GLOSX

GLOSX Risk / Return Rank: 90
GLOSX Sharpe Ratio Rank: 93
GLOSX Sortino Ratio Rank: 89
GLOSX Omega Ratio Rank: 87
GLOSX Calmar Ratio Rank: 89
GLOSX Martin Ratio Rank: 91

PIGFX

PIGFX Risk / Return Rank: 19
PIGFX Sharpe Ratio Rank: 20
PIGFX Sortino Ratio Rank: 20
PIGFX Omega Ratio Rank: 18
PIGFX Calmar Ratio Rank: 16
PIGFX Martin Ratio Rank: 19

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GLOSX vs. PIGFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Global Sustainable Equity Fund Class A (GLOSX) and Pioneer Fundamental Growth Fund (PIGFX). 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.

	GLOSX	PIGFX	Difference
Sharpe ratio: Return per unit of total volatility	2.49	0.80	+1.69
Sortino ratio: Return per unit of downside risk	3.32	1.19	+2.13
Omega ratio: Gain probability vs. loss probability	1.43	1.14	+0.29
Calmar ratio: Return relative to maximum drawdown	3.54	0.84	+2.70
Martin ratio: Return relative to average drawdown	13.57	2.76	+10.81

GLOSX vs. PIGFX - Sharpe Ratio Comparison

The current GLOSX Sharpe Ratio is 2.49, which is higher than the PIGFX Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of GLOSX and PIGFX, 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

GLOSX vs. PIGFX - Drawdown Comparison

The maximum GLOSX drawdown since its inception was -54.40%, which is greater than PIGFX's maximum drawdown of -44.04%. Use the drawdown chart below to compare losses from any high point for GLOSX and PIGFX.

Drawdown Indicators

	GLOSX	PIGFX	Difference
Max Drawdown Largest peak-to-trough decline	-54.40%	-44.04%	-10.36%
Max Drawdown (1Y) Largest decline over 1 year	-10.04%	-14.32%	+4.28%
Max Drawdown (3Y) Largest decline over 3 years	-14.66%	-19.99%	+5.33%
Max Drawdown (5Y) Largest decline over 5 years	-23.72%	-27.12%	+3.40%
Max Drawdown (10Y) Largest decline over 10 years	-33.59%	-31.47%	-2.12%
Current Drawdown Current decline from peak	-0.22%	0.00%	-0.22%
Average Drawdown Average peak-to-trough decline	-9.72%	-6.35%	-3.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	4.37%	-1.75%

Volatility

GLOSX vs. PIGFX - Volatility Comparison

Pioneer Global Sustainable Equity Fund Class A (GLOSX) has a higher volatility of 4.35% compared to Pioneer Fundamental Growth Fund (PIGFX) at 4.03%. This indicates that GLOSX's price experiences larger fluctuations and is considered to be riskier than PIGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLOSX	PIGFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	4.03%	+0.32%
Volatility (6M) Calculated over the trailing 6-month period	11.51%	12.04%	-0.53%
Volatility (1Y) Calculated over the trailing 1-year period	14.35%	15.13%	-0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.69%	18.87%	-3.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.78%	18.97%	-2.19%

GLOSX vs. PIGFX - Expense Ratio Comparison

GLOSX has a 1.10% expense ratio, which is higher than PIGFX's 1.00% expense ratio.

Dividends

GLOSX vs. PIGFX - Dividend Comparison

GLOSX's dividend yield for the trailing twelve months is around 9.95%, less than PIGFX's 18.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLOSX Pioneer Global Sustainable Equity Fund Class A	9.95%	11.53%	7.73%	1.55%	6.04%	21.00%	0.87%	0.93%	10.44%	1.27%	1.25%	0.60%
PIGFX Pioneer Fundamental Growth Fund	18.02%	19.18%	5.75%	3.41%	4.39%	20.14%	9.08%	5.43%	6.07%	4.66%	2.19%	4.40%

Frequently Asked Questions

Can I hold both GLOSX and PIGFX in my portfolio?

GLOSX and PIGFX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLOSX or PIGFX?

GLOSX has higher volatility (4.35%) compared to PIGFX (4.03%). In terms of maximum drawdown, GLOSX dropped -54.40% vs PIGFX's -44.04%.

Which has better risk-adjusted returns?

GLOSX currently has the higher Sharpe Ratio (2.49 vs 0.80), 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.