.Pair of exchange-traded funds are actually seeking profits in China along with two various strategies.While the Rayliant Quantamental China Equity ETF dives into specific locations, the freshly launched Roundhill China Dragons ETF buys the country's largest sells." [It's] focused only on nine firms, and also these providers are the providers that our experts determined as possessing similar characteristics to size in the USA," Roundhill Investments CEO Dave Mazza said to CNBC's "ETF Side" this week.Zoom In IconArrows pointing outwardsSince its creation on Oct. 3, the Roundhill China Monster ETF is down nearly 5% as of Friday's close.Meanwhile, Jason Hsu of Rayliant Global Advisors lags the hyper-local Rayliant Quantamental China Equity ETF. It has been around considering that 2020." These are local portions, neighborhood names that you will have to be actually a local Mandarin individual to purchase easily," the agency's leader and also primary expenditure officer said to CNBC. "It paints a very different photo because China is sort of a different aspect of its development arc." Focus IconArrows directing outwardsHsu wishes to admit to titles that are much less familiar to U.S. capitalists, but may deliver significant approach the same level along with current Huge Specialist supplies." Innovation is vital, yet a ton of the higher growth sells are really individuals that market water [and also] individuals that manage restaurant chains. Therefore, usually they in fact possess a higher development than also a lot of the tech names," he mentioned. "There's really little bit of study, at least away from China, and also they might represent what is actually even more of a thematic in the second field inside China." u00c2 As of Friday's close, the Rayliant Quantamental China Equity ETF is up greater than 24% up until now this year.