.Two exchange-traded funds are searching for incomes in China with 2 various strategies.While the Rayliant Quantamental China Equity ETF dives into details locations, the newly launched Roundhill China Dragons ETF gets the country's greatest sells." [It's] focused simply on nine business, as well as these companies are the firms that our team identified as possessing comparable characteristics to magnitude in the USA," Roundhill Investments CEO Dave Mazza said to CNBC's "ETF Edge" this week.Zoom In IconArrows pointing outwardsSince its inception on Oct. 3, the Roundhill China Dragon ETF is down almost 5% since 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 nearby shares, nearby labels that you would must be actually a local area Mandarin individual to acquire simply," the organization's chairman and also chief assets policeman told CNBC. "It coatings a really various photo because China is actually type of a various portion of its own development arc." Aim IconArrows directing outwardsHsu intends to admit to names that are actually less acquainted to united state investors, however can easily deliver huge reach the same level with latest Major Specialist supplies." Innovation is essential, yet a bunch of the greater growth inventories are actually folks that sell water [and also] individuals that manage bistro establishments. So, frequently they actually possess a higher development than also many of the tech labels," he claimed. "There is actually extremely little bit of research study, a minimum of outside of China, and also they may exemplify what is even more of a thematic in the minute trade inside China." u00c2 As of Friday's close, the Rayliant Quantamental China Equity ETF is up greater than 24% so far this year.