T. Rowe Price Asia Opportunities Fund (PAAOX) belongs to the Asia Pacific Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PAAOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PAAOX
PAAOX charges 1.25% annually. There are 33 mutual funds in the Asia Pacific Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Pacific Stock Index Fund Institutional Sh... | 0.08% | — | May 2000 | PAAOX vs VPKIX | |
| Vanguard Pacific Stock Index Fund Admiral Shares | 0.10% | 13.80B | Aug 2001 | PAAOX vs VPADX | |
| Fidelity SAI Japan Stock Index Fund | 0.11% | — | Jun 2021 | PAAOX vs FSJPX | |
| DFA Japanese Small Company Portfolio | 0.42% | — | Jan 1986 | PAAOX vs DFJSX | |
| DFA Asia Pacific Small Company | 0.42% | — | Jan 1993 | PAAOX vs DFRSX |
Best Risk-Adjusted Alternatives to PAAOX
PAAOX has a PortfoliosLab risk / return rank of 43. There are 37 mutual funds in the Asia Pacific Equities category with higher risk-adjusted ranks, going as high as 88.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity China Region Fund | 88 | — | Nov 1995 | PAAOX vs FHKCX | |
| Fidelity Advisor China Region Fund Class Z | 87 | — | Oct 2018 | PAAOX vs FIQFX | |
| Fidelity Advisor China Region Fund Class I | 87 | — | May 2008 | PAAOX vs FHKIX | |
| Fidelity Advisor China Region Fund Class A | 87 | — | May 2008 | PAAOX vs FHKAX | |
| Fidelity Advisor China Region Fund Class M | 86 | — | May 2008 | PAAOX vs FHKTX |
Top Performing PAAOX Alternatives (YTD)
PAAOX is at 7.13% YTD. There are 41 mutual funds in the Asia Pacific Equities category with higher YTD returns, going as high as 39.70%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Matthews Asia Innovators Fund | 39.70% | — | Dec 1999 | PAAOX vs MATFX | |
| Matthews Asia ESG Fund | 33.14% | — | Apr 2015 | PAAOX vs MASGX | |
| Fidelity Advisor China Region Fund Class Z | 29.11% | — | Oct 2018 | PAAOX vs FIQFX | |
| Fidelity China Region Fund | 29.02% | — | Nov 1995 | PAAOX vs FHKCX | |
| Fidelity Advisor China Region Fund Class I | 29.01% | — | May 2008 | PAAOX vs FHKIX |
Lowest Volatility Alternatives to PAAOX
PAAOX has 16.41% 1-year volatility. There are 3 mutual funds in the Asia Pacific Equities category with lower 1-year volatility, going as low as 14.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Greater India Fund | 14.65% | — | May 1994 | PAAOX vs ETGIX | |
| ALPS/Kotak India ESG Fund | 15.58% | 4.59M | Feb 2011 | PAAOX vs INDAX | |
| Matthews India Fund | 16.34% | — | Oct 2005 | PAAOX vs MINDX | |
| DFA Asia Pacific Small Company | 16.41% | — | Jan 1993 | PAAOX vs DFRSX | |
| Guinness Atkinson China And Hong Kong Fund | 17.11% | — | Jun 1994 | PAAOX vs ICHKX |
Lowest Drawdown Alternatives to PAAOX
PAAOX has a 1-year max drawdown of -13.70%. There are 26 mutual funds in the Asia Pacific Equities category with shallower 1-year drawdowns, going as shallow as -10.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Guinness Atkinson Asia Focus Fund | -10.00% | — | Apr 1996 | PAAOX vs IASMX | |
| Commonwealth Japan Fund | -11.44% | — | Jul 1989 | PAAOX vs CNJFX | |
| BlackRock China A Opportunities Fund | -11.64% | — | Dec 2018 | PAAOX vs CHILX | |
| Morgan Stanley China A Share Fund | -11.72% | — | Jul 2006 | PAAOX vs CAF | |
| Invesco EQV Asia Pacific Equity Fund | -11.73% | — | Nov 1997 | PAAOX vs ASIAX |
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 | 11 | 0.42% | — | Jun 1993 | PAAOX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 54 | 7.78% | — | Jun 1986 | PAAOX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 80 | 11.06% | — | Dec 1992 | PAAOX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 69 | 11.62% | — | Nov 1994 | PAAOX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 12 | 0.50% | — | — | PAAOX vs TBCIX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 74 | 11.63% | — | Mar 1990 | PAAOX vs PREIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 17 | 1.42% | — | Sep 1985 | PAAOX vs PRWAX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 17 | 3.18% | — | Oct 2001 | PAAOX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 42 | 22.05% | — | Sep 1987 | PAAOX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 38 | 9.62% | — | Feb 2004 | PAAOX vs TRRJX |
Often Compared With PAAOX
Investors most often compare PAAOX with FEAAX, FERCX, FSEAX. These 18 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PAAOX with Any Fund or Stock
Compare PAAOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PAAOX with funds that move differently
T. Rowe Price Asia Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PAAOX.
Explore PAAOX Diversifiers