Morgan Stanley China A Share Fund (CAF) belongs to the China Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CAF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CAF
CAF charges 1.67% annually. There are 17 mutual funds in the China Equities category with lower expense ratios, going as low as 0.80%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor China Region Fund Class Z | 0.80% | — | Oct 2018 | CAF vs FIQFX | |
| Fidelity China Region Fund | 0.91% | — | Nov 1995 | CAF vs FHKCX | |
| Fidelity Advisor China Region Fund Class I | 0.93% | — | May 2008 | CAF vs FHKIX | |
| Baillie Gifford China Equities Fund | 0.96% | — | Jul 2021 | CAF vs BGCBX | |
| BlackRock China A Opportunities Fund | 0.99% | — | Dec 2018 | CAF vs CHILX |
Best Risk-Adjusted Alternatives to CAF
CAF has a PortfoliosLab risk / return rank of 89. There are 7 mutual funds in the China Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor China Region Fund Class Z | 92 | — | Oct 2018 | CAF vs FIQFX | |
| Fidelity Advisor China Region Fund Class I | 92 | — | May 2008 | CAF vs FHKIX | |
| Fidelity China Region Fund | 92 | — | Nov 1995 | CAF vs FHKCX | |
| Fidelity Advisor China Region Fund Class A | 92 | — | May 2008 | CAF vs FHKAX | |
| Fidelity Advisor China Region Fund Class M | 92 | — | May 2008 | CAF vs FHKTX |
Top Performing CAF Alternatives (YTD)
CAF is at 19.07% YTD. There are 9 mutual funds in the China Equities category with higher YTD returns, going as high as 43.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Matthews China Small Companies Fund | 43.09% | — | May 2011 | CAF vs MCSMX | |
| Fidelity Advisor China Region Fund Class Z | 33.20% | — | Oct 2018 | CAF vs FIQFX | |
| Fidelity Advisor China Region Fund Class I | 33.09% | — | May 2008 | CAF vs FHKIX | |
| Fidelity China Region Fund | 33.09% | — | Nov 1995 | CAF vs FHKCX | |
| Fidelity Advisor China Region Fund Class A | 32.90% | — | May 2008 | CAF vs FHKAX |
Lowest Volatility Alternatives to CAF
CAF has 19.95% 1-year volatility. There are 6 mutual funds in the China Equities category with lower 1-year volatility, going as low as 16.87%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Guinness Atkinson China And Hong Kong Fund | 16.87% | — | Jun 1994 | CAF vs ICHKX | |
| Baillie Gifford China Equities Fund | 18.65% | — | Jul 2021 | CAF vs BGCBX | |
| BlackRock China A Opportunities Fund | 19.00% | — | Dec 2018 | CAF vs CHILX | |
| Eaton Vance Greater China Growth Fund | 19.00% | — | Oct 1992 | CAF vs EVCGX | |
| Goldman Sachs China Equity Fund | 19.19% | — | Jul 1994 | CAF vs GSAGX |
Lowest Drawdown Alternatives to CAF
CAF has a 1-year max drawdown of -10.98%. There are 9 mutual funds in the China Equities category with shallower 1-year drawdowns, going as shallow as -8.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock China A Opportunities Fund | -8.54% | — | Dec 2018 | CAF vs CHILX | |
| Oberweis China Opportunities Fund | -9.59% | — | Oct 2005 | CAF vs OBCHX | |
| T. Rowe Price China Evolution Equity Fund | -10.47% | — | Dec 2019 | CAF vs TRCLX | |
| Fidelity Advisor China Region Fund Class Z | -10.78% | — | Oct 2018 | CAF vs FIQFX | |
| Fidelity Advisor China Region Fund Class I | -10.80% | — | May 2008 | CAF vs FHKIX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, CPOAX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Growth Portfolio Class I | Large Cap Growth Equities | 5 | -2.67% | — | Apr 1991 | CAF vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | 3.25% | — | Mar 1990 | CAF vs MACGX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 5 | 1.23% | — | Jan 2002 | CAF vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 38 | 14.01% | — | Apr 2007 | CAF vs EDD | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | 3.33% | — | Mar 1990 | CAF vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 4 | -3.23% | — | Apr 2017 | CAF vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 5 | 1.37% | — | Jul 1997 | CAF vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | CAF vs DINDX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 5 | -2.80% | — | Apr 1991 | CAF vs MSEGX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 100 | 1.78% | — | Apr 2016 | CAF vs MUIIX |
Often Compared With CAF
Investors most often compare CAF with FCHKX, MCHFX, TDF. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare CAF with Any Fund or Stock
Compare CAF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CAF with funds that move differently
Morgan Stanley China A Share Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CAF.
Explore CAF Diversifiers