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If an ETF is up the in US, does that mean when the UK markets open, mirror ETFs will also go up : UKInvesting


After checking on marketwatch to see what the exchanges were reporting, I noticed that the US exchanges were up for the day and that consequently, some trackers were up as well – e.g. QQQ.

I have the UK equivalent of the QQQ, EQQQ which was down for the day at the close.

Does the fact that the QQQ is up (let’s assume it closes up for the day) mean that the EQQQ will go up when the FTSE opens on Monday? I assume yes, but perhaps there is more to this than I initially think there is.



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