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J.P. Morgan currently offers a suite of smart-beta ETFs, including the JPMorgan Diversified Return Europe Currency Hedged Equity ETF (NYSEArca: JPEH), JPMorgan Diversified Return International Currency Hedged Equity (NYSEArca: JPIH), JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEArca: JPEM), JPMorgan Diversified Return Global Equity ETF (NYSEArca: JPGE), JPMorgan Diversified Return US Equity ETF (NYSEArca: JPUS), JPMorgan Diversified Return International Equity ETF (NYSEArca: JPIN) and JPMorgan Diversified Return Europe Equity ETF (NYSEArca: JPEU).

Global X is known for its sector and country-specific ETF offerings. The fund provider also has a group of smart-beta offerings, including the Global X SuperDividend ETF (NYSEArca: SDIV), which has also gained popularity among income-seeking investors, attracting $758 million in assets under management.

The J.P. Morgan and Global X deal is the latest among a rising number of partnerships between old-school mutual fund providers and new wave ETF sponsors. For instance, Janus Capital Group opted to acquire VelocityShares, an exchange traded note provider known for its leveraged and inverse products. Oppenheimer also acquired VTL Associates, which is launched the RevenuShares ETFs.