TQAIX vs. TTMIX

Last updated Jun 23, 2026

TQAIX (T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I) and TTMIX (T. Rowe Price Total Return Fund Class I) are both mutual funds - TQAIX is a Small Cap Growth Equities fund actively managed by T. Rowe Price, while TTMIX is a Global Allocation fund managed by T. Rowe Price. Over the past 10 years, TQAIX returned 12.39%/yr vs 14.72%/yr for TTMIX. A 0.74 correlation means they provide meaningful diversification when combined. TQAIX charges 0.65%/yr vs 0.37%/yr for TTMIX.

Performance

TQAIX vs. TTMIX - 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 Total Return Fund Class I (TTMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TQAIX achieves a 18.83% return, which is significantly higher than TTMIX's 1.80% return. Over the past 10 years, TQAIX has underperformed TTMIX with an annualized return of 12.39%, while TTMIX has yielded a comparatively higher 14.72% annualized return.

TQAIX

• 1D: 2.29%
• 1M: 5.40%
• YTD: 18.83%
• 6M: 15.34%
• 1Y: 33.81%
• 3Y*: 17.12%
• 5Y*: 8.54%
• 10Y*: 12.39%

TTMIX

• 1D: 2.12%
• 1M: -0.22%
• YTD: 1.80%
• 6M: 1.81%
• 1Y: 2.72%
• 3Y*: 19.19%
• 5Y*: 4.43%
• 10Y*: 14.72%

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

TQAIX vs. TTMIX - 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	18.83%	10.28%	13.10%	21.34%	-22.38%	11.32%	24.01%	32.92%	-6.77%	22.26%
TTMIX T. Rowe Price Total Return Fund Class I	1.80%	6.97%	38.33%	39.41%	-40.85%	9.92%	53.86%	35.84%	-1.73%	33.14%

Correlation

The correlation between TQAIX and TTMIX is 0.59, 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	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.74
Correlation (All Time) Calculated using the full available price history since Mar 28, 2016	0.74

The correlation between TQAIX and TTMIX shifts across timeframes, from 0.59 (1 year) to 0.76 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

TQAIX vs. TTMIX — Risk / Return Rank

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

TQAIX

TQAIX Risk / Return Rank: 46
TQAIX Sharpe Ratio Rank: 40
TQAIX Sortino Ratio Rank: 39
TQAIX Omega Ratio Rank: 36
TQAIX Calmar Ratio Rank: 59
TQAIX Martin Ratio Rank: 57

TTMIX

TTMIX Risk / Return Rank: 3
TTMIX Sharpe Ratio Rank: 4
TTMIX Sortino Ratio Rank: 3
TTMIX Omega Ratio Rank: 4
TTMIX Calmar Ratio Rank: 3
TTMIX Martin Ratio Rank: 3

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. TTMIX - 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 Total Return Fund Class I (TTMIX). 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.

	TQAIX	TTMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.71	0.13	+1.58
Sortino ratio: Return per unit of downside risk	2.43	0.29	+2.14
Omega ratio: Gain probability vs. loss probability	1.30	1.03	+0.26
Calmar ratio: Return relative to maximum drawdown	2.80	0.12	+2.69
Martin ratio: Return relative to average drawdown	10.80	0.28	+10.53

TQAIX vs. TTMIX - Sharpe Ratio Comparison

The current TQAIX Sharpe Ratio is 1.71, which is higher than the TTMIX Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of TQAIX and TTMIX, 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

TQAIX vs. TTMIX - Drawdown Comparison

The maximum TQAIX drawdown since its inception was -37.58%, smaller than the maximum TTMIX drawdown of -47.11%. Use the drawdown chart below to compare losses from any high point for TQAIX and TTMIX.

Drawdown Indicators

	TQAIX	TTMIX	Difference
Max Drawdown Largest peak-to-trough decline	-37.58%	-47.11%	+9.53%
Max Drawdown (1Y) Largest decline over 1 year	-12.07%	-17.25%	+5.18%
Max Drawdown (3Y) Largest decline over 3 years	-25.78%	-20.68%	-5.10%
Max Drawdown (5Y) Largest decline over 5 years	-33.12%	-47.11%	+13.99%
Max Drawdown (10Y) Largest decline over 10 years	-37.58%	-47.11%	+9.53%
Current Drawdown Current decline from peak	0.00%	-6.20%	+6.20%
Average Drawdown Average peak-to-trough decline	-7.52%	-10.26%	+2.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	7.34%	-4.21%

Volatility

TQAIX vs. TTMIX - Volatility Comparison

T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I (TQAIX) has a higher volatility of 7.51% compared to T. Rowe Price Total Return Fund Class I (TTMIX) at 6.49%. This indicates that TQAIX's price experiences larger fluctuations and is considered to be riskier than TTMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TQAIX	TTMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.51%	6.49%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	15.77%	12.32%	+3.45%
Volatility (1Y) Calculated over the trailing 1-year period	19.74%	15.54%	+4.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.52%	21.33%	+0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.58%	20.80%	+0.78%

TQAIX vs. TTMIX - Expense Ratio Comparison

TQAIX has a 0.65% expense ratio, which is higher than TTMIX's 0.37% expense ratio.

Dividends

TQAIX vs. TTMIX - Dividend Comparison

TQAIX's dividend yield for the trailing twelve months is around 5.28%, less than TTMIX's 24.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
TQAIX T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I	5.28%	6.27%	8.01%	2.41%	3.70%	13.89%	3.01%	4.11%	4.68%	0.21%	0.02%
TTMIX T. Rowe Price Total Return Fund Class I	24.83%	25.27%	7.45%	7.80%	17.43%	8.53%	5.27%	2.44%	1.41%	2.47%	2.23%

Frequently Asked Questions

Can I hold both TQAIX and TTMIX in my portfolio?

TQAIX and TTMIX have a correlation of 0.59, 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 TTMIX?

TQAIX has higher volatility (7.51%) compared to TTMIX (6.49%). In terms of maximum drawdown, TQAIX dropped -37.58% vs TTMIX's -47.11%.

Which has better risk-adjusted returns?

TQAIX currently has the higher Sharpe Ratio (1.71 vs 0.13), 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.