In this work, a vertical GaN FET with an Integrated self-adapted Channel diode (CD-FET) is proposed to improve its reverse conduction performance. It features a channel diode (CD) formed between a trench source on the insulator and a P-type barrier layer (PBL), together with a P-shield layer under the trench gate. At the forward conduction, the channel diode is pinched-off due to depletion effects caused by both the PBL and the MIS structure from the trench source, without influence on on-state characteristic of the CD-FET. At the reverse conduction, the depletion regions narrow, and thus the channel diode turns on to achieve a very low turn-on voltage (V
F) and prevents the inherent body diode from turning on. Meanwhile, the PBL and P-shield layer could modulate the E-field distribution to improve the off-state breakdown voltage (BV). Moreover, the P-shield not only shields the gate from a high electric field , but also transforms part of C
GD to C
GS so as to significantly reduce the gate charge (Q
GD), leading to a low switching loss (E
switch). Consequently, the proposed CD-FET achieves a low V
F = 1.65 V, high BV = 1446 V, and the V
F, Q
GD and E
switch of the CD-FET are decreased by 49%, 55%, and 80%, respectively, compared with those of the Conventional MOSFET.