TQAIX vs. PRIGX

Last updated Jun 4, 2026

TQAIX (T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I) and PRIGX (T. Rowe Price Global Value Equity Fund) are both mutual funds - TQAIX is a Small Cap Growth Equities fund actively managed by T. Rowe Price, while PRIGX is a Global Equities fund managed by T. Rowe Price. Over the past 10 years, TQAIX returned 11.87%/yr vs 12.73%/yr for PRIGX. Their correlation of 0.83 suggests significant overlap in exposure. TQAIX charges 0.65%/yr vs 0.68%/yr for PRIGX.

Performance

TQAIX vs. PRIGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I (TQAIX) and T. Rowe Price Global Value Equity Fund (PRIGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TQAIX achieves a 14.83% return, which is significantly lower than PRIGX's 18.70% return. Over the past 10 years, TQAIX has underperformed PRIGX with an annualized return of 11.87%, while PRIGX has yielded a comparatively higher 12.73% annualized return.

TQAIX

• 1D: 0.91%
• 1M: 3.82%
• YTD: 14.83%
• 6M: 13.64%
• 1Y: 29.15%
• 3Y*: 16.65%
• 5Y*: 7.74%
• 10Y*: 11.87%

PRIGX

• 1D: 0.12%
• 1M: 5.95%
• YTD: 18.70%
• 6M: 21.15%
• 1Y: 43.89%
• 3Y*: 24.36%
• 5Y*: 13.16%
• 10Y*: 12.73%

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

TQAIX vs. PRIGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TQAIX T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I	14.83%	10.28%	13.10%	21.34%	-22.38%	11.32%	24.01%	32.92%	-6.77%	22.26%
PRIGX T. Rowe Price Global Value Equity Fund	18.70%	31.10%	13.34%	13.25%	-7.86%	16.08%	11.35%	25.56%	-13.70%	19.57%

Correlation

The correlation between TQAIX and PRIGX is 0.81, 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	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Mar 28, 2016	0.83

The correlation between TQAIX and PRIGX has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.

Return for Risk

TQAIX vs. PRIGX — Risk / Return Rank

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

TQAIX

TQAIX Risk / Return Rank: 38
TQAIX Sharpe Ratio Rank: 32
TQAIX Sortino Ratio Rank: 32
TQAIX Omega Ratio Rank: 30
TQAIX Calmar Ratio Rank: 46
TQAIX Martin Ratio Rank: 48

PRIGX

PRIGX Risk / Return Rank: 86
PRIGX Sharpe Ratio Rank: 93
PRIGX Sortino Ratio Rank: 87
PRIGX Omega Ratio Rank: 85
PRIGX Calmar Ratio Rank: 83
PRIGX Martin Ratio Rank: 85

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.

TQAIX vs. PRIGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I (TQAIX) and T. Rowe Price Global Value Equity Fund (PRIGX). 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.

	TQAIX	PRIGX	Difference
Sharpe ratio Return per unit of total volatility	1.65	3.14	-1.50
Sortino ratio Return per unit of downside risk	2.36	4.16	-1.80
Omega ratio Gain probability vs. loss probability	1.29	1.57	-0.29
Calmar ratio Return relative to maximum drawdown	2.57	3.83	-1.26
Martin ratio Return relative to average drawdown	9.96	16.16	-6.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TQAIX vs. PRIGX - Sharpe Ratio Comparison

The current TQAIX Sharpe Ratio is 1.65, which is lower than the PRIGX Sharpe Ratio of 3.14. The chart below compares the historical Sharpe Ratios of TQAIX and PRIGX, 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

	TQAIX	PRIGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.65	3.14	-1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.90	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.77	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.81	-0.23

Drawdowns

TQAIX vs. PRIGX - Drawdown Comparison

The maximum TQAIX drawdown since its inception was -37.58%, roughly equal to the maximum PRIGX drawdown of -36.76%. Use the drawdown chart below to compare losses from any high point for TQAIX and PRIGX.

Drawdown Indicators

	TQAIX	PRIGX	Difference
Max Drawdown Largest peak-to-trough decline	-37.58%	-36.76%	-0.82%
Max Drawdown (1Y) Largest decline over 1 year	-12.07%	-11.58%	-0.49%
Max Drawdown (3Y) Largest decline over 3 years	-25.78%	-14.18%	-11.60%
Max Drawdown (5Y) Largest decline over 5 years	-33.12%	-20.78%	-12.34%
Max Drawdown (10Y) Largest decline over 10 years	-37.58%	-36.76%	-0.82%
Current Drawdown Current decline from peak	-0.33%	0.00%	-0.33%
Average Drawdown Average peak-to-trough decline	-7.56%	-4.61%	-2.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	2.74%	+0.37%

Volatility

TQAIX vs. PRIGX - Volatility Comparison

T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I (TQAIX) has a higher volatility of 6.04% compared to T. Rowe Price Global Value Equity Fund (PRIGX) at 4.80%. This indicates that TQAIX's price experiences larger fluctuations and is considered to be riskier than PRIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TQAIX	PRIGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.04%	4.80%	+1.24%
Volatility (6M) Calculated over the trailing 6-month period	14.76%	11.66%	+3.10%
Volatility (1Y) Calculated over the trailing 1-year period	18.83%	14.11%	+4.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.35%	14.66%	+6.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.51%	16.50%	+5.01%

TQAIX vs. PRIGX - Expense Ratio Comparison

TQAIX has a 0.65% expense ratio, which is lower than PRIGX's 0.68% expense ratio.

Dividends

TQAIX vs. PRIGX - Dividend Comparison

TQAIX's dividend yield for the trailing twelve months is around 5.46%, less than PRIGX's 6.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRIGX T. Rowe Price Global Value Equity Fund	6.06%	7.20%	6.53%	1.75%	0.98%	5.81%	1.12%	2.31%	9.08%	7.35%	2.25%	9.12%
TQAIX T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I	5.46%	6.27%	8.01%	2.41%	3.70%	13.89%	3.01%	4.11%	4.68%	0.21%	0.02%	0.00%

Frequently Asked Questions

Can I hold both TQAIX and PRIGX in my portfolio?

TQAIX and PRIGX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TQAIX or PRIGX?

TQAIX has higher volatility (6.04%) compared to PRIGX (4.80%). In terms of maximum drawdown, TQAIX dropped -37.58% vs PRIGX's -36.76%.

Which has better risk-adjusted returns?

PRIGX currently has the higher Sharpe Ratio (3.14 vs 1.65), 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.