Assuming you are looking for a method and not a magic function that already exists, there is frankly no better way. We could all write code snippets with clever tricks for limited character sets, but at the end of the day at somepoint you have to convert the characters.
The best approach for this conversion is to do so prior to the comparison. This allows you a good deal of flexibility when it comes to encoding schemes, which your actual comparison operator should be ignorant of.
You can of course 'hide' this conversion behind your own string function or class, but you still need to convert the strings prior to comparison.
