New York-based provider of exchange-traded funds (ETFs) Global X Funds has teamed up with JPMorgan to launch two ETFs tracking proprietary indices developed by JPMorgan Corporate and Investment Bank (CIB). Both ETFs were listed on NYSE Arca today. The Global X JPMorgan Efficiente Index ETF (EFFE) and the Global X JPMorgan US Sector Rotator Index ETF (SCTO) are two strategies designed to help manage against downside risks. “We regularly hear about the need for investment vehicles that manage do