.Two exchange-traded funds are seeking earnings in China along with 2 different strategies.While the Rayliant Quantamental China Equity ETF dives into particular regions, the freshly launched Roundhill China Dragons ETF buys the country's most significant inventories." [It is actually] concentrated just on nine firms, and also these providers are the providers that our team determined as possessing identical qualities to size in the U.S.," Roundhill Investments chief executive officer Dave Mazza told CNBC's "ETF Edge" this week.Zoom In IconArrows aiming outwardsSince its inception on Oct. 3, the Roundhill China Dragon ETF is down nearly 5% as of Friday's close.Meanwhile, Jason Hsu of Rayliant Global Advisors is behind the hyper-local Rayliant Quantamental China Equity ETF. It has actually been actually around because 2020." These are actually regional allotments, nearby names that you would certainly have to be a regional Chinese person to get quickly," the firm's leader and main assets policeman informed CNBC. "It paints a quite different picture because China is actually sort of a various component of its own growth arc." Aim IconArrows pointing outwardsHsu wants to admit to names that are actually less acquainted to united state investors, however can provide large approach the same level with recent Big Tech sells." Technology is vital, but a ton of the much higher growth supplies are actually people that sell water [as well as] people who manage bistro establishments. Therefore, commonly they really possess a greater growth than also most of the technician labels," he pointed out. "There's really little study, a minimum of beyond China, as well as they may embody what is actually more of a thematic in the minute trade inside China." u00c2 As of Friday's close, the Rayliant Quantamental China Equity ETF is actually up more than 24% so far this year.