Very funny guys - but seriously - look at the chart of KXL vs. SGX:
Here is the Bigcharts link: Click Here
The two stick to each each other like fleas on a hound. Maybe mz really is right - SGX is the ETF for KXL? Weird how there's no divergence.
No seriously - these two track each other crazily close. I wonder if it's a trader's game. Does it give us any insight into the trading of KXL in general? How "managed" is it?
Comparison - instead with Goldcorp - look at the divergence:
Here is the Bigcharts link: Click Here
KXL and Goldcorp don't track at all, but SGX does. I am a math guy, and the extreme lack of divergence of SGX from KXL is a "6 sigma" event.