.Pair of exchange-traded funds are looking for earnings in China with pair of different strategies.While the Rayliant Quantamental China Equity ETF dives into specific locations, the freshly released Roundhill China Dragons ETF purchases the country's greatest inventories." [It's] centered merely on 9 companies, as well as these providers are actually the firms that we identified as having identical characteristics to magnitude in the united state," Roundhill Investments chief executive officer Dave Mazza informed CNBC's "ETF Edge" this week.Zoom In IconArrows pointing outwardsSince its creation on Oct. 3, the Roundhill China Dragon ETF is actually down almost 5% since Friday's close.Meanwhile, Jason Hsu of Rayliant Global Advisors lags the hyper-local Rayliant Quantamental China Equity ETF. It has actually been around given that 2020." These are actually nearby allotments, regional titles that you would need to be actually a nearby Chinese individual to buy simply," the agency's chairman as well as chief expenditure policeman said to CNBC. "It coatings a really various image since China is sort of a various part of its development curve." Focus IconArrows directing outwardsHsu wishes to give access to titles that are much less acquainted to USA entrepreneurs, however may deliver significant overtake par with current Large Technology sells." Modern technology is vital, yet a ton of the higher development supplies are in fact individuals who sell water [and] individuals who manage restaurant chains. So, typically they in fact have a much higher development than also most of the technician names," he stated. "There is actually extremely little research study, at the very least outside of China, as well as they might represent what is even more of a thematic in the moment field inside China." u00c2 Since Friday's close, the Rayliant Quantamental China Equity ETF is actually up more than 24% up until now this year.