A shared quality target vs. a shared size cap
These behave very differently across a mixed set. A shared quality target gives every file consistent visual quality and lets each land at whatever size it needs, so a 10-second clip stays small and a 10-minute one stays large. A shared size cap forces every file into the same budget, which means the short clips come out looking excellent and the long ones come out starved. Use a quality target for archiving and general shrinking, and a size cap only when each individual file must clear a hard limit.