GLOSX vs. PINDX

Last updated Jun 4, 2026

GLOSX (Pioneer Global Sustainable Equity Fund Class A) and PINDX (Pioneer Disciplined Growth Fund) are both mutual funds - GLOSX is a Global Equities fund managed by Amundi, while PINDX is a Large Cap Growth Equities fund managed by Amundi. Over the past 10 years, GLOSX returned 13.95%/yr vs 16.66%/yr for PINDX. Their correlation of 0.87 suggests significant overlap in exposure. GLOSX charges 1.10%/yr vs 1.05%/yr for PINDX.

Performance

GLOSX vs. PINDX - 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 Disciplined Growth Fund (PINDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLOSX achieves a 16.09% return, which is significantly higher than PINDX's 11.68% return. Over the past 10 years, GLOSX has underperformed PINDX with an annualized return of 13.95%, while PINDX has yielded a comparatively higher 16.66% annualized return.

GLOSX

• 1D: 0.41%
• 1M: 5.41%
• YTD: 16.09%
• 6M: 17.80%
• 1Y: 41.34%
• 3Y*: 25.80%
• 5Y*: 15.22%
• 10Y*: 13.95%

PINDX

• 1D: -0.50%
• 1M: 5.28%
• YTD: 11.68%
• 6M: 9.92%
• 1Y: 32.35%
• 3Y*: 22.25%
• 5Y*: 13.74%
• 10Y*: 16.66%

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

GLOSX vs. PINDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLOSX Pioneer Global Sustainable Equity Fund Class A	16.09%	41.25%	11.45%	16.70%	-9.75%	23.28%	17.79%	23.30%	-16.32%	21.90%
PINDX Pioneer Disciplined Growth Fund	11.68%	21.16%	19.33%	28.67%	-21.49%	25.59%	34.78%	35.61%	-5.08%	26.41%

Correlation

The correlation between GLOSX and PINDX is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	0.87

The correlation between GLOSX and PINDX shifts across timeframes, from 0.75 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GLOSX vs. PINDX — Risk / Return Rank

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

GLOSX

GLOSX Risk / Return Rank: 88
GLOSX Sharpe Ratio Rank: 93
GLOSX Sortino Ratio Rank: 87
GLOSX Omega Ratio Rank: 84
GLOSX Calmar Ratio Rank: 86
GLOSX Martin Ratio Rank: 87

PINDX

PINDX Risk / Return Rank: 42
PINDX Sharpe Ratio Rank: 49
PINDX Sortino Ratio Rank: 44
PINDX Omega Ratio Rank: 44
PINDX Calmar Ratio Rank: 38
PINDX Martin Ratio Rank: 36

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.

GLOSX vs. PINDX - 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 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.

	GLOSX	PINDX	Difference
Sharpe ratio: Return per unit of total volatility	3.16	2.06	+1.10
Sortino ratio: Return per unit of downside risk	4.18	2.77	+1.41
Omega ratio: Gain probability vs. loss probability	1.57	1.36	+0.21
Calmar ratio: Return relative to maximum drawdown	4.16	2.33	+1.83
Martin ratio: Return relative to average drawdown	16.78	7.98	+8.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLOSX vs. PINDX - Sharpe Ratio Comparison

The current GLOSX Sharpe Ratio is 3.16, which is higher than the PINDX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of GLOSX 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.

Sharpe Ratios by Period

	GLOSX	PINDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.16	2.06	+1.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.98	0.70	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	0.86	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.49	0.00

Drawdowns

GLOSX vs. PINDX - Drawdown Comparison

The maximum GLOSX drawdown since its inception was -54.40%, roughly equal to the maximum PINDX drawdown of -52.37%. Use the drawdown chart below to compare losses from any high point for GLOSX and PINDX.

Drawdown Indicators

	GLOSX	PINDX	Difference
Max Drawdown Largest peak-to-trough decline	-54.40%	-52.37%	-2.03%
Max Drawdown (1Y) Largest decline over 1 year	-10.04%	-14.64%	+4.60%
Max Drawdown (3Y) Largest decline over 3 years	-14.66%	-23.52%	+8.86%
Max Drawdown (5Y) Largest decline over 5 years	-23.72%	-28.77%	+5.05%
Max Drawdown (10Y) Largest decline over 10 years	-33.59%	-29.82%	-3.77%
Current Drawdown Current decline from peak	0.00%	-0.50%	+0.50%
Average Drawdown Average peak-to-trough decline	-9.79%	-11.48%	+1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	4.26%	-1.77%

Volatility

GLOSX vs. PINDX - Volatility Comparison

Pioneer Global Sustainable Equity Fund Class A (GLOSX) has a higher volatility of 4.31% compared to Pioneer Disciplined Growth Fund (PINDX) at 3.93%. This indicates that GLOSX's price experiences larger fluctuations and is considered to be riskier than PINDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLOSX	PINDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.31%	3.93%	+0.38%
Volatility (6M) Calculated over the trailing 6-month period	10.25%	12.44%	-2.19%
Volatility (1Y) Calculated over the trailing 1-year period	13.28%	16.58%	-3.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.59%	19.74%	-4.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.84%	19.54%	-2.70%

GLOSX vs. PINDX - Expense Ratio Comparison

GLOSX has a 1.10% expense ratio, which is higher than PINDX's 1.05% expense ratio.

Dividends

GLOSX vs. PINDX - Dividend Comparison

GLOSX's dividend yield for the trailing twelve months is around 9.93%, more than PINDX's 4.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GLOSX Pioneer Global Sustainable Equity Fund Class A	9.93%	11.53%	7.73%	1.55%	6.04%	21.00%	0.87%	0.93%	10.44%	1.27%	1.25%	0.60%
PINDX Pioneer Disciplined Growth Fund	4.04%	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 GLOSX and PINDX in my portfolio?

GLOSX and PINDX have a correlation of 0.75, 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 PINDX?

GLOSX has higher volatility (4.31%) compared to PINDX (3.93%). In terms of maximum drawdown, GLOSX dropped -54.40% vs PINDX's -52.37%.

Which has better risk-adjusted returns?

GLOSX currently has the higher Sharpe Ratio (3.16 vs 2.06), 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.