T. Rowe Price Small-Cap Index Fund (TRCSX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Small-Cap Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

T. Rowe Price Small-Cap Index Fund (TRCSX) has returned -2.44% so far this year and 21.46% over the past 12 months.

Based on dividend-adjusted daily data since May 13, 2021, TRCSX's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, your investment would double in approximately 12.6 years.

Historically, 56% of months were positive and 44% were negative. The best month was Dec 2023 with a return of +12.3%, while the worst month was Apr 2022 at -9.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, TRCSX closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +8.7%, while the worst single day was Apr 3, 2025 at -6.6%.

T. Rowe Price Small-Cap Index Fund has an annualized alpha of -5.98%, beta of 1.10, and R² of 0.63 versus S&P 500 Index. Calculated based on daily prices since May 14, 2021.

• This fund participated in 116.60% of S&P 500 Index downside but only 92.15% of its upside — more exposed to losses than it benefited from rallies.
• This fund had an annualized alpha of -5.98% versus S&P 500 Index — delivering less than market exposure alone would predict.
• With beta of 1.10 and R² of 0.63, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

TRCSX has an expense ratio of 0.14%, which is considered low.

TRCSX ranks 28 for risk / return — below 28% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for T. Rowe Price Small-Cap Index Fund (TRCSX) and compare them to a chosen benchmark (S&P 500 Index).

T. Rowe Price Small-Cap Index Fund provided a 2.45% dividend yield over the last twelve months, with an annual payout of $0.41 per share.

The table displays the monthly dividend distributions for T. Rowe Price Small-Cap Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the T. Rowe Price Small-Cap Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the T. Rowe Price Small-Cap Index Fund was 31.94%, occurring on Jun 16, 2022. Recovery took 601 trading sessions.

The current T. Rowe Price Small-Cap Index Fund drawdown is 10.96%.

The chart below shows the rolling one-month volatility.