SEE MORE: 15 Cheap Emerging Market ETFs

The ProShares UltraShort FTSE China 50 (NYSEArca: FXP) attempts to deliver double the daily inverse returns of the same index FXI follows.

Over 260 U.S.-listed ETFs feature some exposure to China with marquee names including the iShares China Large-Cap ETF, which is the largest China-related ETF that tracks Chinese companies listed on the Hong Kong stock exchange. H-shares, or the Chinese stocks trading in Hong Kong are some of the least expensive stocks in the world and FXI has a price-to-earnings ratio below that of the MSCI Emerging Markets Index.

For more information on the Chinese markets, visit our China category.

iShares China Large-Cap ETF