Morgan Stanley Institutional Fund, Inc. International Advantage Portfolio (MFAIX) belongs to the Foreign Large Cap Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MFAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MFAIX
MFAIX charges 1.01% annually. There are 290 mutual funds in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Global ex U.S. Index Fund | 0.01% | — | Sep 2009 | MFAIX vs FSGEX | |
| Fidelity Series Overseas Fund | 0.01% | — | Jun 2019 | MFAIX vs FSOSX | |
| Fidelity Series International Value Fund | 0.01% | — | Dec 2009 | MFAIX vs FINVX | |
| Fidelity Series International Growth Fund | 0.01% | — | Dec 2009 | MFAIX vs FIGSX | |
| Fidelity Series International Index Fund | 0.01% | — | Aug 2018 | MFAIX vs FHLFX |
Best Risk-Adjusted Alternatives to MFAIX
MFAIX has a PortfoliosLab risk / return rank of 5. There are 408 mutual funds in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Touchstone International Equity Fund | 94 | — | Mar 1993 | MFAIX vs SWRLX | |
| American Beacon Tocqueville International Value Fu... | 94 | — | Aug 1994 | MFAIX vs TIVFX | |
| Dunham International Stock Fund | 92 | — | Dec 2004 | MFAIX vs DCINX | |
| GMO Tax-Managed International Equities Fund | 91 | — | Jul 1998 | MFAIX vs GTMIX | |
| Thornburg Global Opportunities Fund | 91 | — | Jul 2006 | MFAIX vs THOIX |
Top Performing MFAIX Alternatives (YTD)
MFAIX is at 1.62% YTD. There are 400 mutual funds in the Foreign Large Cap Equities category with higher YTD returns, going as high as 40.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 40.47% | — | Aug 1994 | MFAIX vs TIVFX | |
| Calamos International Growth Fund | 38.33% | — | Mar 2005 | MFAIX vs CIGIX | |
| John Hancock International Dynamic Growth Fund | 33.48% | — | May 2019 | MFAIX vs JIJIX | |
| Lord Abbett International Growth Fund | 33.43% | — | Jun 2021 | MFAIX vs LIAGX | |
| Fidelity SAI International SMA Completion Fund | 32.58% | — | Apr 2019 | MFAIX vs FISZX |
Lowest Volatility Alternatives to MFAIX
MFAIX has 18.91% 1-year volatility. There are 397 mutual funds in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 8.76%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Overseas Fund Class Z | 8.76% | — | Feb 2017 | MFAIX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class A | 8.76% | — | Sep 1996 | MFAIX vs FAOAX | |
| Fidelity Advisor Overseas Fund Class C | 8.76% | — | Nov 1997 | MFAIX vs FAOCX | |
| Fidelity Advisor Overseas Fund Class M | 8.78% | — | Apr 1990 | MFAIX vs FAERX | |
| Fidelity Advisor Overseas Fund Class I | 8.78% | — | Jul 1995 | MFAIX vs FAOIX |
Lowest Drawdown Alternatives to MFAIX
MFAIX has a 1-year max drawdown of -15.56%. There are 408 mutual funds in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -6.94%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood AlphaFactor Tactical International Fund | -6.94% | — | Nov 2017 | MFAIX vs RWIIX | |
| Federated Hermes International Strategic Value Div... | -6.97% | — | Jun 2008 | MFAIX vs IVFIX | |
| Fidelity Advisor Overseas Fund Class Z | -7.26% | — | Feb 2017 | MFAIX vs FAOSX | |
| Fidelity Advisor Overseas Fund Class I | -7.28% | — | Jul 1995 | MFAIX vs FAOIX | |
| Fidelity Advisor Overseas Fund Class A | -7.29% | — | Sep 1996 | MFAIX vs FAOAX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 12 | 0.19% | — | Jun 1993 | MFAIX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 39 | 4.53% | — | Jun 1986 | MFAIX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 52 | 8.54% | — | Dec 1992 | MFAIX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 64 | 10.53% | — | Nov 1994 | MFAIX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 13 | 0.15% | — | Sep 1985 | MFAIX vs PRWAX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 13 | 0.26% | — | — | MFAIX vs TBCIX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 64 | 9.68% | — | Mar 1990 | MFAIX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 11 | -0.26% | — | Oct 2001 | MFAIX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 89 | 44.94% | — | Sep 1987 | MFAIX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 31 | 8.90% | — | Feb 2004 | MFAIX vs TRRJX |
Often Compared With MFAIX
Investors most often compare MFAIX with DBEF, DGEIX, WCMIX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare MFAIX with Any Fund or Stock
Compare MFAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MFAIX with funds that move differently
Morgan Stanley Institutional Fund, Inc. International Advantage Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MFAIX.
Explore MFAIX Diversifiers