Guys,
I am a canadian investor owning both VTI (USD) and VUN (CAD). Both are pretty much 100% US equity and I am wondering why there are not always following each other. For example, today :
VTI is +4.81%
VUN is -2.60%
Which is always 7.5% difference. I know this is very very very short term analysis, and that the longer period I check, the closer they get (for example 3 months both are +/- at -16.3%), but I can't understand why they can be so far away on the same day? Is is the currency?
Thanks