.Pair of exchange-traded funds are actually looking for profits in China along with pair of different strategies.While the Rayliant Quantamental China Equity ETF dives into certain areas, the recently released Roundhill China Dragons ETF buys the country's greatest inventories." [It's] concentrated merely on 9 business, and also these firms are actually the companies that our company pinpointed as having similar attributes to size in the USA," Roundhill Investments chief executive officer Dave Mazza said to CNBC's "ETF Side" this week.Zoom In IconArrows directing outwardsSince its beginning on Oct. 3, the Roundhill China Dragon ETF is actually 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 been actually around given that 2020." These are actually neighborhood portions, nearby names that you would have to be actually a local area Mandarin individual to purchase effortlessly," the agency's leader and also main expenditure officer informed CNBC. "It coatings an incredibly different picture because China is actually form of a different portion of its own growth arc." Aim IconArrows pointing outwardsHsu desires to give access to titles that are less knowledgeable to U.S. entrepreneurs, yet may deliver large overtake par along with current Huge Tech stocks." Innovation is necessary, however a considerable amount of the greater growth sells are actually individuals that market water [and also] individuals who operate bistro chains. Therefore, frequently they really have a higher growth than also many of the technician names," he pointed out. "There's very little study, at least beyond China, and also they may represent what is actually more of a thematic in the instant profession inside China." u00c2 Since Friday's shut, the Rayliant Quantamental China Equity ETF is actually up much more than 24% up until now this year.