Add One More to The China ETF Fray

The world of ETFs offering exposure to China could grow by one as WisdomTree

, the seventh-largest U.S. ETF issuer by assets, has filed plans with the Securities and Exchange Commission to possibly list the WisdomTree China Dividend ex-Financials Index Fund. The ETF would track the WisdomTree China Dividend ex-Financials Index, which is comprised of the 10 highest dividend-yielding companies in each sector except financials, selected from a universe of Chinese companies with at least $1 billion of float-adjusted market capitalization, according to the filing. WisdomTree, the only publicly traded pure play ETF firm, has made a name for itself primarily with its suite of dividend and emerging markets funds, but to date the firm has not sponsored a China-specific ETF. There are nearly 230 ETFs currently on the market offering exposure to China, according to ETFdb.com. The index for the WisdomTree China Dividend ex-Financials Index Fund includes companies from the Consumer discretionary, consumer staples, energy, health care, industrials, technology, utilities, materials and telecom groups. A ticker and expense ratio were not included in the filing. Among WisdomTree's more popular emerging markets ETFs are the WisdomTree India Earnings ETF

, WisdomTree Asia Local Debt ETF

, the WisdomTree Emerging Markets Local Debt ETF

and the WisdomTree Emerging Markets Small Cap Dividend ETF

.