.Two exchange-traded funds are trying to find earnings in China with pair of different strategies.While the Rayliant Quantamental China Equity ETF studies certain locations, the recently introduced Roundhill China Dragons ETF purchases the country's largest sells." [It is actually] focused simply on 9 firms, and also these business are actually the companies that our team recognized as having comparable attributes to enormity in the U.S.," Roundhill Investments chief executive officer Dave Mazza told CNBC's "ETF Edge" this week.Zoom In IconArrows pointing outwardsSince its own inception on Oct. 3, the Roundhill China Dragon ETF is actually down just about 5% as of Friday's close.Meanwhile, Jason Hsu of Rayliant Global Advisors lags the hyper-local Rayliant Quantamental China Equity ETF. It has actually been around due to the fact that 2020." These are actually local area shares, neighborhood labels that you will have to be a local area Chinese person to acquire easily," the company's leader and main assets police officer said to CNBC. "It paints a very various photo considering that China is form of a various aspect of its own development arc." Zoom In IconArrows pointing outwardsHsu wants to admit to titles that are actually much less acquainted to USA capitalists, yet may provide significant reach par with current Large Technician supplies." Technology is essential, however a considerable amount of the greater development stocks are in fact individuals who offer water [and] people that manage bistro chains. So, typically they really possess a much higher development than also much of the technician labels," he said. "There's very little bit of research study, at the very least outside of China, as well as they might exemplify what is additional of a particular in the second field inside China." u00c2 Since Friday's shut, the Rayliant Quantamental China Equity ETF is up greater than 24% so far this year.