TTMIX vs. TQAIX

Last updated Jun 3, 2026

TTMIX (T. Rowe Price Total Return Fund Class I) and TQAIX (T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I) are both mutual funds - TTMIX is a Global Allocation fund managed by T. Rowe Price, while TQAIX is a Small Cap Growth Equities fund actively managed by T. Rowe Price. Over the past 10 years, TTMIX returned 14.91%/yr vs 11.77%/yr for TQAIX. A 0.74 correlation means they provide meaningful diversification when combined. TTMIX charges 0.37%/yr vs 0.65%/yr for TQAIX.

Performance

TTMIX vs. TQAIX - Performance Comparison

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

Returns By Period

In the year-to-date period, TTMIX achieves a 4.51% return, which is significantly lower than TQAIX's 13.79% return. Over the past 10 years, TTMIX has outperformed TQAIX with an annualized return of 14.91%, while TQAIX has yielded a comparatively lower 11.77% annualized return.

TTMIX

• 1D: 0.68%
• 1M: 4.07%
• YTD: 4.51%
• 6M: 2.55%
• 1Y: 4.42%
• 3Y*: 21.34%
• 5Y*: 5.75%
• 10Y*: 14.91%

TQAIX

• 1D: -0.70%
• 1M: 2.61%
• YTD: 13.79%
• 6M: 14.21%
• 1Y: 29.65%
• 3Y*: 16.30%
• 5Y*: 7.37%
• 10Y*: 11.77%

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

TTMIX vs. TQAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TTMIX T. Rowe Price Total Return Fund Class I	4.51%	6.97%	38.33%	39.41%	-40.85%	9.92%	53.86%	35.84%	-1.73%	33.14%
TQAIX T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I	13.79%	10.28%	13.10%	21.34%	-22.38%	11.32%	24.01%	32.92%	-6.77%	22.26%

Correlation

The correlation between TTMIX and TQAIX 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	0.66
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 29, 2016	0.74

The correlation between TTMIX and TQAIX shifts across timeframes, from 0.58 (1 year) to 0.76 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

TTMIX vs. TQAIX — Risk / Return Rank

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

TTMIX

TTMIX Risk / Return Rank: 4
TTMIX Sharpe Ratio Rank: 5
TTMIX Sortino Ratio Rank: 5
TTMIX Omega Ratio Rank: 5
TTMIX Calmar Ratio Rank: 4
TTMIX Martin Ratio Rank: 4

TQAIX

TQAIX Risk / Return Rank: 36
TQAIX Sharpe Ratio Rank: 31
TQAIX Sortino Ratio Rank: 31
TQAIX Omega Ratio Rank: 29
TQAIX Calmar Ratio Rank: 42
TQAIX Martin Ratio Rank: 46

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.

TTMIX vs. TQAIX - Risk-Adjusted Trends Comparison

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

	TTMIX	TQAIX	Difference
Sharpe ratio Return per unit of total volatility	0.37	1.62	-1.25
Sortino ratio Return per unit of downside risk	0.62	2.33	-1.71
Omega ratio Gain probability vs. loss probability	1.07	1.28	-0.21
Calmar ratio Return relative to maximum drawdown	0.36	2.50	-2.14
Martin ratio Return relative to average drawdown	0.87	9.73	-8.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TTMIX vs. TQAIX - Sharpe Ratio Comparison

The current TTMIX Sharpe Ratio is 0.37, which is lower than the TQAIX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of TTMIX and TQAIX, 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

	TTMIX	TQAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	1.62	-1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.35	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.55	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.58	+0.16

Drawdowns

TTMIX vs. TQAIX - Drawdown Comparison

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

Drawdown Indicators

	TTMIX	TQAIX	Difference
Max Drawdown Largest peak-to-trough decline	-47.11%	-37.58%	-9.53%
Max Drawdown (1Y) Largest decline over 1 year	-17.25%	-12.07%	-5.18%
Max Drawdown (3Y) Largest decline over 3 years	-20.68%	-25.78%	+5.10%
Max Drawdown (5Y) Largest decline over 5 years	-47.11%	-33.12%	-13.99%
Max Drawdown (10Y) Largest decline over 10 years	-47.11%	-37.58%	-9.53%
Current Drawdown Current decline from peak	-3.71%	-1.23%	-2.48%
Average Drawdown Average peak-to-trough decline	-10.28%	-7.56%	-2.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.16%	3.11%	+4.05%

Volatility

TTMIX vs. TQAIX - Volatility Comparison

The current volatility for T. Rowe Price Total Return Fund Class I (TTMIX) is 3.62%, while T. Rowe Price Integrated US Small-Cap Growth Equity Fund Class I (TQAIX) has a volatility of 5.99%. This indicates that TTMIX experiences smaller price fluctuations and is considered to be less risky than TQAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TTMIX	TQAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	5.99%	-2.37%
Volatility (6M) Calculated over the trailing 6-month period	10.97%	14.75%	-3.78%
Volatility (1Y) Calculated over the trailing 1-year period	14.57%	18.86%	-4.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.21%	21.36%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.73%	21.51%	-0.78%

TTMIX vs. TQAIX - Expense Ratio Comparison

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

Dividends

TTMIX vs. TQAIX - Dividend Comparison

TTMIX's dividend yield for the trailing twelve months is around 24.18%, more than TQAIX's 5.51% 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	5.51%	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	24.18%	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 TTMIX and TQAIX in my portfolio?

TTMIX and TQAIX 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, TTMIX or TQAIX?

TQAIX has higher volatility (5.99%) compared to TTMIX (3.62%). In terms of maximum drawdown, TTMIX dropped -47.11% vs TQAIX's -37.58%.

Which has better risk-adjusted returns?

TQAIX currently has the higher Sharpe Ratio (1.62 vs 0.37), 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.