T. Rowe Price Total Return ETF (TOTR) Performance
TOTR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.4% since Dec 31, 2025
- 1 year
- −1.2% total return
- 5 years
- −0.5% a year
- Since first price
- −0.6% a year since 2021
TOTR trailing returns vs AGG, TLT, SPY
| Period | TOTR total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.2% | −0.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.9% | −2.2% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.0% | −4.5% | −1.5% | −3.8% | +7.8% |
| YTD | −1.4% | −5.1% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.2% | −6.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +17.9%+5.7%/yr | +0.9% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | −2.5%−0.5%/yr | −22.5% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionSep 29, 2021 | −2.9%−0.6%/yr | −22.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: TOTR vs AGG
From Sep 29, 2021: TOTR grew to $9,711, AGG to $9,872.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
TOTR returns by calendar year
3 of 4 full years positive. Best 2025 (+7.4%), worst 2022 (−15.9%). 2026 is year to date.
TOTR annual returns table
| Year | TOTR | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.4% | −4.5% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.4% | −3.2% | +7.2% | +4.3% | +17.7% |
| 2024 | +2.4% | −3.6% | +1.3% | −8.1% | +24.9% |
| 2023 | +6.3% | −7.5% | +5.7% | +2.8% | +26.2% |
| 2022 | −15.9% | −18.6% | −13.0% | −31.2% | −18.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
TOTR largest drawdowns
Now 3.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 9, 2021 | −19.6% | Oct 24, 2022 | not yet | 11 months | 5.0 years so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
TOTR risk statistics
| Statistic | 3 years | 5 years |
|---|---|---|
| Annualized return | +4.5% | −0.9% |
| Volatility (annualized) | 5.6% | 6.6% |
| Sharpe ratio | 0.03 | -0.66 |
| Sortino ratio | 0.05 | -0.82 |
| Best month | +4.6% | +4.6% |
| Worst month | −2.8% | −4.7% |
| Best 12 months | +12.2% | +12.2% |
| Worst 12 months | −1.5% | −18.2% |
| Positive months | 61% | 48% |
| Beta vs S&P 500 | 0.24 | 0.27 |
| Correlation with S&P 500 | 0.53 | 0.63 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
TOTR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 50 | −18.2% | +3.2% | +12.2% | 70% |
| 3-year (a year) | 26 | −2.9% | +3.9% | +6.1% | 77% |
| 5-year (a year) | 2 | −0.9% | −0.7% | −0.6% | 0% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
TOTR performance overview
T. Rowe Price Total Return ETF (TOTR) returned −1.2% over the past year and −0.5% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned −0.6% a year, turning $10,000 into about $9,711. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −19.6%, from Nov 9, 2021 to Oct 24, 2022; the fund has not yet regained that high. TOTR finished 3 of its 4 full calendar years with a gain; the best year was 2025 (+7.4%) and the worst 2022 (−15.9%). Volatility has been 6.6% a year.
Related: TOTR chart, TOTR dividends, TOTR bond profile. See the TOTR overview for the latest quote and fund facts.
TOTR performance FAQ
What is the TOTR return over the past year?
TOTR returned −1.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.1%.
What is the average annual return of TOTR?
TOTR has returned −0.5% a year over 5 years, −0.6% a year since September 29, 2021 (total return, distributions reinvested).
How much would $10,000 invested in TOTR be worth?
$10,000 invested in TOTR at its first recorded close on September 29, 2021 would be worth about $9,711 on October 23, 2026 with distributions reinvested.
What was the worst year for TOTR?
The worst calendar year was 2022, with a total return of −15.9%. The best was 2025 at +7.4%.
What is the biggest drawdown of TOTR?
The largest peak-to-trough decline was −19.6% between November 9, 2021 and October 24, 2022. It has not yet recovered to that high; it is 3.6% below its peak.
How volatile is TOTR?
Over the past 3 years TOTR had an annualized volatility of 5.6% and a Sharpe ratio of 0.03 (excess return over 1–3 month T-bills per unit of risk).