.Two exchange-traded funds are trying to find earnings in China with two different strategies.While the Rayliant Quantamental China Equity ETF studies details regions, the freshly released Roundhill China Dragons ETF gets the country's biggest inventories." [It is actually] centered simply on 9 companies, and these business are actually the companies that we pinpointed as having comparable features to size in the united state," Roundhill Investments CEO Dave Mazza said to CNBC's "ETF Side" this week.Zoom In IconArrows pointing outwardsSince its beginning on Oct. 3, the Roundhill China Monster ETF is actually down nearly 5% since Friday's close.Meanwhile, Jason Hsu of Rayliant Global Advisors is behind the hyper-local Rayliant Quantamental China Equity ETF. It has been around due to the fact that 2020." These are local area reveals, regional titles that you would have to be actually a regional Mandarin person to acquire easily," the firm's leader and chief assets policeman told CNBC. "It coatings a really different photo because China is actually form of a different portion of its own development curve." Zoom In IconArrows pointing outwardsHsu intends to admit to names that are actually much less knowledgeable to U.S. investors, but may provide big approach par with recent Large Technology supplies." Modern technology is crucial, however a great deal of the much higher development inventories are actually people that sell water [and also] people that manage restaurant establishments. Therefore, often they really have a much higher growth than even a lot of the specialist titles," he stated. "There's quite little research, at the very least beyond China, and they might embody what is more of a particular in the moment profession inside China." u00c2 Since Friday's close, the Rayliant Quantamental China Equity ETF is actually up much more than 24% so far this year.