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 15 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% | 13.10B | Aug 2001 | PAAOX vs VPADX | |
| DFA Asia Pacific Small Company | 0.42% | — | Jan 1993 | PAAOX vs DFRSX | |
| Fidelity Advisor Emerging Asia Fund Class Z | 0.81% | — | Oct 2018 | PAAOX vs FIQPX | |
| Fidelity Advisor Emerging Asia Fund Class I | 0.94% | — | Jun 1999 | PAAOX vs FERIX |
Best Risk-Adjusted Alternatives to PAAOX
PAAOX has a PortfoliosLab risk / return rank of 35. There are 17 mutual funds in the Asia Pacific Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Matthews Asia Innovators Fund | 97 | — | Dec 1999 | PAAOX vs MATFX | |
| AMG Veritas Asia Pacific Fund | 95 | — | May 1984 | PAAOX vs MGSEX | |
| Fidelity Emerging Asia Fund | 94 | — | Apr 1993 | PAAOX vs FSEAX | |
| Fidelity Advisor Emerging Asia Fund Class I | 94 | — | Jun 1999 | PAAOX vs FERIX | |
| Fidelity Advisor Emerging Asia Fund Class Z | 94 | — | Oct 2018 | PAAOX vs FIQPX |
Top Performing PAAOX Alternatives (YTD)
PAAOX is at 7.13% YTD. There are 17 mutual funds in the Asia Pacific Equities category with higher YTD returns, going as high as 64.51%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Matthews Asia Innovators Fund | 64.51% | — | Dec 1999 | PAAOX vs MATFX | |
| AMG Veritas Asia Pacific Fund | 53.60% | — | May 1984 | PAAOX vs MGSEX | |
| Matthews Asia ESG Fund | 47.58% | — | Apr 2015 | PAAOX vs MASGX | |
| Fidelity Advisor Emerging Asia Fund Class Z | 40.28% | — | Oct 2018 | PAAOX vs FIQPX | |
| Fidelity Advisor Emerging Asia Fund Class I | 40.20% | — | Jun 1999 | PAAOX vs FERIX |
Lowest Volatility Alternatives to PAAOX
PAAOX has 17.11% 1-year volatility. There are 7 mutual funds in the Asia Pacific Equities category with lower 1-year volatility, going as low as 13.99%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Greater India Fund | 13.99% | — | May 1994 | PAAOX vs ETGIX | |
| ALPS/Kotak India ESG Fund | 14.51% | 4.59M | Feb 2011 | PAAOX vs INDAX | |
| DFA Asia Pacific Small Company | 15.64% | — | Jan 1993 | PAAOX vs DFRSX | |
| Matthews India Fund | 15.73% | — | Oct 2005 | PAAOX vs MINDX | |
| Invesco EQV Asia Pacific Equity Fund | 15.75% | — | Nov 1997 | PAAOX vs ASIAX |
Lowest Drawdown Alternatives to PAAOX
PAAOX has a 1-year max drawdown of -13.70%. There are 12 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 | |
| Matthews Asia Innovators Fund | -11.33% | — | Dec 1999 | PAAOX vs MATFX | |
| Invesco EQV Asia Pacific Equity Fund | -11.73% | — | Nov 1997 | PAAOX vs ASIAX | |
| Fidelity Pacific Basin Fund | -12.25% | — | Oct 1986 | PAAOX vs FPBFX | |
| Vanguard Pacific Stock Index Fund Institutional Sh... | -13.40% | — | May 2000 | PAAOX vs VPKIX |
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 | 19 | 5.48% | — | Jun 1993 | PAAOX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 49 | 5.76% | — | Jun 1986 | PAAOX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 40 | 7.60% | — | Dec 1992 | PAAOX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 69 | 12.08% | — | Nov 1994 | PAAOX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 15 | 1.11% | — | Sep 1985 | PAAOX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 72 | 11.61% | — | Mar 1990 | PAAOX vs PREIX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 21 | 5.54% | — | — | PAAOX vs TBCIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 18 | 5.12% | — | Oct 2001 | PAAOX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 91 | 41.41% | — | Sep 1987 | PAAOX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 32 | 9.32% | — | Feb 2004 | PAAOX vs TRRJX |
Often Compared With PAAOX
Investors most often compare PAAOX with FERCX, FEAAX, MSAQX. These 10 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Advisor Emerging Asia Fund Class C | Asia Pacific Equities | 93 | 37.01% | — | Jun 1999 | PAAOX vs FERCX | |
| Fidelity Advisor Emerging Asia Fund Class A | Asia Pacific Equities | 94 | 40.03% | — | Mar 1994 | PAAOX vs FEAAX | |
| Morgan Stanley Institutional Fund, Inc. Asia Oppor... | Asia Pacific Equities | 9 | 20.18% | — | Dec 2015 | PAAOX vs MSAQX | |
| Matthews Pacific Tiger Fund | Asia Pacific Equities | 93 | 36.79% | — | Sep 1994 | PAAOX vs MAPTX | |
| T. Rowe Price New Asia Fund | Asia Pacific Equities | 85 | 31.43% | — | Sep 1990 | PAAOX vs PRASX | |
| Wasatch Emerging India Fund | Asia Pacific Equities | 1 | -10.58% | — | Apr 2011 | PAAOX vs WAINX | |
| Fidelity Advisor Emerging Asia Fund Class M | Asia Pacific Equities | 94 | 39.88% | — | Jun 1999 | PAAOX vs FEATX | |
| The Taiwan Fund Inc. | Asia Pacific Equities | 99 | 86.31% | — | — | PAAOX vs TWN | |
| Voya Asia Pacific High Dividend Equity Income Fund | Asia Pacific Equities | 67 | 26.87% | — | Mar 2007 | PAAOX vs IAE | |
| T. Rowe Price New Horizons Fund | Mid Cap Growth Equities | 30 | 15.06% | — | Jun 1960 | PAAOX vs PRNHX |
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