T. Rowe Price New Asia Fund (PRASX) 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 PRASX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PRASX
PRASX charges 0.99% annually. There are 13 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 | PRASX vs VPKIX | |
| Vanguard Pacific Stock Index Fund Admiral Shares | 0.10% | 13.80B | Aug 2001 | PRASX vs VPADX | |
| Fidelity SAI Japan Stock Index Fund | 0.11% | — | Jun 2021 | PRASX vs FSJPX | |
| DFA Japanese Small Company Portfolio | 0.42% | — | Jan 1986 | PRASX vs DFJSX | |
| DFA Asia Pacific Small Company | 0.42% | — | Jan 1993 | PRASX vs DFRSX |
Best Risk-Adjusted Alternatives to PRASX
PRASX has a PortfoliosLab risk / return rank of 66. There are 29 mutual funds in the Asia Pacific Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Matthews Asia Innovators Fund | 92 | — | Dec 1999 | PRASX vs MATFX | |
| Fidelity Advisor China Region Fund Class Z | 92 | — | Oct 2018 | PRASX vs FIQFX | |
| Fidelity Advisor China Region Fund Class I | 92 | — | May 2008 | PRASX vs FHKIX | |
| Fidelity China Region Fund | 92 | — | Nov 1995 | PRASX vs FHKCX | |
| Fidelity Advisor China Region Fund Class A | 92 | — | May 2008 | PRASX vs FHKAX |
Top Performing PRASX Alternatives (YTD)
PRASX is at 24.07% YTD. There are 29 mutual funds in the Asia Pacific Equities category with higher YTD returns, going as high as 54.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Matthews Asia Innovators Fund | 54.12% | — | Dec 1999 | PRASX vs MATFX | |
| Matthews China Small Companies Fund | 43.09% | — | May 2011 | PRASX vs MCSMX | |
| Matthews Asia ESG Fund | 42.67% | — | Apr 2015 | PRASX vs MASGX | |
| AMG Veritas Asia Pacific Fund | 36.24% | — | May 1984 | PRASX vs MGSEX | |
| Fidelity Advisor Emerging Asia Fund Class Z | 34.15% | — | Oct 2018 | PRASX vs FIQPX |
Lowest Volatility Alternatives to PRASX
PRASX has 23.64% 1-year volatility. There are 36 mutual funds in the Asia Pacific Equities category with lower 1-year volatility, going as low as 14.37%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Greater India Fund | 14.37% | — | May 1994 | PRASX vs ETGIX | |
| ALPS/Kotak India ESG Fund | 15.12% | 4.59M | Feb 2011 | PRASX vs INDAX | |
| Matthews India Fund | 16.02% | — | Oct 2005 | PRASX vs MINDX | |
| DFA Asia Pacific Small Company | 16.30% | — | Jan 1993 | PRASX vs DFRSX | |
| T. Rowe Price Asia Opportunities Fund | 16.59% | — | May 2014 | PRASX vs PAAOX |
Lowest Drawdown Alternatives to PRASX
PRASX has a 1-year max drawdown of -14.39%. There are 42 mutual funds in the Asia Pacific 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 | PRASX vs CHILX | |
| Oberweis China Opportunities Fund | -9.59% | — | Oct 2005 | PRASX vs OBCHX | |
| Guinness Atkinson Asia Focus Fund | -10.00% | — | Apr 1996 | PRASX vs IASMX | |
| T. Rowe Price China Evolution Equity Fund | -10.47% | — | Dec 2019 | PRASX vs TRCLX | |
| Fidelity Advisor China Region Fund Class Z | -10.78% | — | Oct 2018 | PRASX vs FIQFX |
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 | 1.49% | — | Jun 1993 | PRASX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 54 | 7.50% | — | Jun 1986 | PRASX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 61 | 10.60% | — | Dec 1992 | PRASX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 61 | 11.44% | — | Nov 1994 | PRASX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 12 | 1.57% | — | — | PRASX vs TBCIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 12 | 1.24% | — | Sep 1985 | PRASX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 64 | 11.23% | — | Mar 1990 | PRASX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 13 | 3.52% | — | Oct 2001 | PRASX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 56 | 26.30% | — | Sep 1987 | PRASX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 28 | 9.15% | — | Feb 2004 | PRASX vs TRRJX |
Often Compared With PRASX
Investors most often compare PRASX with ANWPX, VWO, FEMKX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare PRASX with Any Fund or Stock
Compare PRASX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PRASX with funds that move differently
T. Rowe Price New Asia Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PRASX.
Explore PRASX Diversifiers