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 5 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% | 13.10B | Aug 2001 | PRASX vs VPADX | |
| DFA Asia Pacific Small Company | 0.42% | — | Jan 1993 | PRASX vs DFRSX | |
| Fidelity Advisor Emerging Asia Fund Class Z | 0.81% | — | Oct 2018 | PRASX vs FIQPX | |
| Fidelity Advisor Emerging Asia Fund Class I | 0.94% | — | Jun 1999 | PRASX vs FERIX |
Best Risk-Adjusted Alternatives to PRASX
PRASX has a PortfoliosLab risk / return rank of 82. There are 12 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 | PRASX vs MATFX | |
| AMG Veritas Asia Pacific Fund | 95 | — | May 1984 | PRASX vs MGSEX | |
| Fidelity Emerging Asia Fund | 94 | — | Apr 1993 | PRASX vs FSEAX | |
| Fidelity Advisor Emerging Asia Fund Class Z | 93 | — | Oct 2018 | PRASX vs FIQPX | |
| Fidelity Advisor Emerging Asia Fund Class I | 93 | — | Jun 1999 | PRASX vs FERIX |
Top Performing PRASX Alternatives (YTD)
PRASX is at 29.44% YTD. There are 13 mutual funds in the Asia Pacific Equities category with higher YTD returns, going as high as 64.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Matthews Asia Innovators Fund | 64.99% | — | Dec 1999 | PRASX vs MATFX | |
| AMG Veritas Asia Pacific Fund | 53.02% | — | May 1984 | PRASX vs MGSEX | |
| Matthews Asia ESG Fund | 44.40% | — | Apr 2015 | PRASX vs MASGX | |
| Fidelity Emerging Asia Fund | 39.57% | — | Apr 1993 | PRASX vs FSEAX | |
| Fidelity Advisor Emerging Asia Fund Class Z | 37.67% | — | Oct 2018 | PRASX vs FIQPX |
Lowest Volatility Alternatives to PRASX
PRASX has 19.25% 1-year volatility. There are 10 mutual funds in the Asia Pacific Equities category with lower 1-year volatility, going as low as 14.02%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Greater India Fund | 14.02% | — | May 1994 | PRASX vs ETGIX | |
| ALPS/Kotak India ESG Fund | 14.54% | 4.59M | Feb 2011 | PRASX vs INDAX | |
| DFA Asia Pacific Small Company | 15.67% | — | Jan 1993 | PRASX vs DFRSX | |
| Matthews India Fund | 15.73% | — | Oct 2005 | PRASX vs MINDX | |
| Invesco EQV Asia Pacific Equity Fund | 15.73% | — | Nov 1997 | PRASX vs ASIAX |
Lowest Drawdown Alternatives to PRASX
PRASX has a 1-year max drawdown of -14.39%. There are 17 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 | PRASX vs IASMX | |
| Matthews Asia Innovators Fund | -11.33% | — | Dec 1999 | PRASX vs MATFX | |
| Invesco EQV Asia Pacific Equity Fund | -11.73% | — | Nov 1997 | PRASX vs ASIAX | |
| Fidelity Pacific Basin Fund | -12.25% | — | Oct 1986 | PRASX vs FPBFX | |
| Vanguard Pacific Stock Index Fund Institutional Sh... | -13.40% | — | May 2000 | PRASX 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 | PRASX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 49 | 5.76% | — | Jun 1986 | PRASX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 40 | 7.60% | — | Dec 1992 | PRASX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 69 | 12.08% | — | Nov 1994 | PRASX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 15 | 1.11% | — | Sep 1985 | PRASX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 72 | 11.61% | — | Mar 1990 | PRASX vs PREIX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 21 | 5.54% | — | — | PRASX vs TBCIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 18 | 5.12% | — | Oct 2001 | PRASX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 91 | 41.41% | — | Sep 1987 | PRASX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 32 | 9.32% | — | Feb 2004 | PRASX vs TRRJX |
Often Compared With PRASX
Investors most often compare PRASX with ANWPX, VWO, FEMKX. These 10 comparison targets span 5 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Funds New Perspective Fund Class A | Large Cap Growth Equities, Global Equities | 29 | 7.38% | — | Mar 1973 | PRASX vs ANWPX | |
| Vanguard FTSE Emerging Markets ETF | Emerging Markets Equities | 56 | 12.22% | 159.90B | Mar 2005 | PRASX vs VWO | |
| Fidelity Emerging Markets | Emerging Markets Equities | 87 | 28.21% | — | Nov 1990 | PRASX vs FEMKX | |
| Vanguard FTSE Pacific ETF | Asia Pacific Equities | 80 | 30.29% | 13.10B | Mar 2005 | PRASX vs VPL | |
| T. Rowe Price Asia Opportunities Fund | Asia Pacific Equities | 35 | 7.13% | — | May 2014 | PRASX vs PAAOX | |
| Fidelity Advisor Emerging Asia Fund Class A | Asia Pacific Equities | 93 | 37.44% | — | Mar 1994 | PRASX vs FEAAX | |
| Wasatch Emerging India Fund | Asia Pacific Equities | 1 | -10.58% | — | Apr 2011 | PRASX vs WAINX | |
| Matthews Pacific Tiger Fund | Asia Pacific Equities | 92 | 34.83% | — | Sep 1994 | PRASX vs MAPTX | |
| T. Rowe Price New Horizons Fund | Mid Cap Growth Equities | 30 | 15.06% | — | Jun 1960 | PRASX vs PRNHX | |
| Fidelity Advisor Emerging Asia Fund Class C | Asia Pacific Equities | 93 | 37.01% | — | Jun 1999 | PRASX vs FERCX |
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