NAWGX vs. GLOSX

Last updated Jun 4, 2026

NAWGX (Voya Global High Dividend Low Volatility Fund) and GLOSX (Pioneer Global Sustainable Equity Fund Class A) are both Global Equities funds. Over the past 10 years, NAWGX returned 9.26%/yr vs 13.95%/yr for GLOSX. Their correlation of 0.87 suggests significant overlap in exposure. NAWGX charges 0.85%/yr vs 1.10%/yr for GLOSX.

Performance

NAWGX vs. GLOSX - Performance Comparison

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

Returns By Period

In the year-to-date period, NAWGX achieves a 5.77% return, which is significantly lower than GLOSX's 16.09% return. Over the past 10 years, NAWGX has underperformed GLOSX with an annualized return of 9.26%, while GLOSX has yielded a comparatively higher 13.95% annualized return.

NAWGX

• 1D: -0.15%
• 1M: 1.17%
• YTD: 5.77%
• 6M: 6.61%
• 1Y: 12.35%
• 3Y*: 14.87%
• 5Y*: 8.76%
• 10Y*: 9.26%

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%

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

NAWGX vs. GLOSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NAWGX Voya Global High Dividend Low Volatility Fund	5.77%	18.29%	12.15%	6.59%	-4.51%	20.66%	-1.23%	21.31%	-9.17%	24.32%
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%

Correlation

The correlation between NAWGX and GLOSX is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	0.87

Over the past year, the correlation between NAWGX and GLOSX has dropped to 0.58 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.

Return for Risk

NAWGX vs. GLOSX — Risk / Return Rank

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

NAWGX

NAWGX Risk / Return Rank: 19
NAWGX Sharpe Ratio Rank: 11
NAWGX Sortino Ratio Rank: 11
NAWGX Omega Ratio Rank: 24
NAWGX Calmar Ratio Rank: 17
NAWGX Martin Ratio Rank: 32

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

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.

NAWGX vs. GLOSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Global High Dividend Low Volatility Fund (NAWGX) and Pioneer Global Sustainable Equity Fund Class A (GLOSX). 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.

	NAWGX	GLOSX	Difference
Sharpe ratio: Return per unit of total volatility	0.87	3.16	-2.29
Sortino ratio: Return per unit of downside risk	1.31	4.18	-2.87
Omega ratio: Gain probability vs. loss probability	1.25	1.57	-0.31
Calmar ratio: Return relative to maximum drawdown	1.45	4.16	-2.71
Martin ratio: Return relative to average drawdown	7.38	16.78	-9.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NAWGX vs. GLOSX - Sharpe Ratio Comparison

The current NAWGX Sharpe Ratio is 0.87, which is lower than the GLOSX Sharpe Ratio of 3.16. The chart below compares the historical Sharpe Ratios of NAWGX and GLOSX, 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

	NAWGX	GLOSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	3.16	-2.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.98	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.83	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.49	-0.01

Drawdowns

NAWGX vs. GLOSX - Drawdown Comparison

The maximum NAWGX drawdown since its inception was -66.60%, which is greater than GLOSX's maximum drawdown of -54.40%. Use the drawdown chart below to compare losses from any high point for NAWGX and GLOSX.

Drawdown Indicators

	NAWGX	GLOSX	Difference
Max Drawdown Largest peak-to-trough decline	-66.60%	-54.40%	-12.20%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-10.04%	+0.56%
Max Drawdown (3Y) Largest decline over 3 years	-9.71%	-14.66%	+4.95%
Max Drawdown (5Y) Largest decline over 5 years	-16.73%	-23.72%	+6.99%
Max Drawdown (10Y) Largest decline over 10 years	-35.16%	-33.59%	-1.57%
Current Drawdown Current decline from peak	-1.07%	0.00%	-1.07%
Average Drawdown Average peak-to-trough decline	-15.59%	-9.79%	-5.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.78%	2.49%	-0.71%

Volatility

NAWGX vs. GLOSX - Volatility Comparison

Voya Global High Dividend Low Volatility Fund (NAWGX) has a higher volatility of 12.99% compared to Pioneer Global Sustainable Equity Fund Class A (GLOSX) at 4.31%. This indicates that NAWGX's price experiences larger fluctuations and is considered to be riskier than GLOSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NAWGX	GLOSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.99%	4.31%	+8.68%
Volatility (6M) Calculated over the trailing 6-month period	14.03%	10.25%	+3.78%
Volatility (1Y) Calculated over the trailing 1-year period	15.91%	13.28%	+2.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.23%	15.59%	-2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.08%	16.84%	-1.76%

NAWGX vs. GLOSX - Expense Ratio Comparison

NAWGX has a 0.85% expense ratio, which is lower than GLOSX's 1.10% expense ratio.

Dividends

NAWGX vs. GLOSX - Dividend Comparison

NAWGX's dividend yield for the trailing twelve months is around 4.54%, less than GLOSX's 9.93% 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%
NAWGX Voya Global High Dividend Low Volatility Fund	4.54%	4.70%	1.85%	2.84%	3.09%	2.11%	1.99%	2.31%	3.11%	1.90%	1.38%	2.70%

Frequently Asked Questions

Can I hold both NAWGX and GLOSX in my portfolio?

NAWGX and GLOSX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NAWGX or GLOSX?

NAWGX has higher volatility (12.99%) compared to GLOSX (4.31%). In terms of maximum drawdown, NAWGX dropped -66.60% vs GLOSX's -54.40%.

Which has better risk-adjusted returns?

GLOSX currently has the higher Sharpe Ratio (3.16 vs 0.87), 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.