.Two exchange-traded funds are actually trying to find profits in China with pair of different strategies.While the Rayliant Quantamental China Equity ETF studies specific locations, the freshly released Roundhill China Dragons ETF buys the nation's biggest sells." [It's] centered simply on nine providers, as well as these providers are actually the companies that we pinpointed as possessing identical characteristics to measurement in the U.S.," Roundhill Investments CEO Dave Mazza told CNBC's "ETF Edge" this week.Zoom In IconArrows directing outwardsSince its creation on Oct. 3, the Roundhill China Dragon ETF is down virtually 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 since 2020." These are local area shares, local area names that you would certainly need to be a regional Chinese individual to get conveniently," the firm's leader as well as main assets officer informed CNBC. "It paints a really various picture since China is type of a various part of its growth arc." Aim IconArrows directing outwardsHsu would like to admit to names that are actually much less knowledgeable to united state clients, however can easily provide large approach the same level along with recent Huge Tech stocks." Technology is very important, but a lot of the much higher growth supplies are really folks that offer water [and] individuals that operate restaurant chains. Therefore, commonly they in fact have a much higher growth than also most of the tech labels," he mentioned. "There is actually quite little bit of investigation, at the very least beyond China, and they may represent what is actually more of a thematic in the instant business inside China." u00c2 As of Friday's shut, the Rayliant Quantamental China Equity ETF is actually up more than 24% until now this year.