Q: I'm, looking to get in on the defense sector. Wondering if the above two are the same, why the volume is much higher in the US, did they both initiate at the same time and do you think its a good play to get in or are there other ways to play that sector ?
Thanks
jeff
Thanks
jeff
5i Research Answer:
SHLD in Canada is less than three months old. Assets are tiny so volume is as well. SHLD has been around nore than a year, and has an excellent 68% one-year return. They are essentially the same but we would prefer the US version and would consider it a solid ETF for the sector.