As you say this has been going on for a year... I have no idea why the ratio has been 10:1 for the most part. Uncanny coincidence... KXL seems to be the lead indicator for the most part. The correlation has been even tighter lately since SGX has tied their fortunes to the golden extension... haven't heard boo about their other properties for a long time.

You probably could do a little arbitrage if you really wanted to.

Personally I'm sticking with KXL. They both move at the same % so I'll stick with the company that I believe has more solid management and better long term upside.

Having said that... watch the golden extension turn out to be the mother lode!!! LOL