China is the world’s second-largest economy and the fact that there are over 260 exchange traded funds offering at least some exposure to Chinese stocks is arguably befitting of the country’s rising economic heft.

As the Chinese economy has evolved an grown, so have the ETFs tracking its equities. The new db X-trackers Harvest MSCI All China Equity Fund (NYSEArca: CN) can be viewed as one of the more evolved China ETFs. At the very least, CN’s late April debut was another step in the right direction in offering investors a more complete view of China’s dynamic, massive economy.

CN offers exposure to China A-shares in addition to China B-shares, China H-shares, China Red Chips, China P-Chips, China ADRs, and securities of Chinese companies listed in the US and Singapore. The ETF holds nearly 150 stocks or almost five times as many as the largest U.S.-listed China ETF. [New ETF Offers Broad Approach to China]

There are additional elements to CN that make the new ETF a compelling way of accessing China. CN’s largest holding is the db X-trackers Harvest CSI 300 China A-Shares Fund (NYSEArca: ASHR). With nearly $203 million in assets under management, ASHR is one of the most successful ETFs that debuted last year and the first ETF to offer direct access to China’s once hard-to-access A-shares markets is almost 49% of CN’s weight. [Don’t Ignore China A-Shares ETFs]

Add to that, 48.7% of CN’s holdings are listed in the U.S. While that includes an array of state-run companies, such as PetroChina (NYSE: PTR), CN’s roster includes Baidu (NasdaqGS: BIDU).