Underlying Assets: The price of 3TSE.XETRA ETFs heavily depends on the value of its underlying assets, typically tracking a specific index or sector. Changes in those holdings directly influence the ETF's price.

Supply and Demand: Market demand for the ETF itself impacts its price. Higher demand can drive the price up, while increased selling pressure can lower it.

Index Performance: As a tracker fund, 3TSE.XETRA's performance mirrors its benchmark index. Positive or negative movements in the index directly affect the ETF's price.

Currency Exchange Rates: For ETFs holding international assets, currency fluctuations between the Euro (EUR) and the currencies of the underlying assets can influence the ETF's value.

Expense Ratio: The ETF's expense ratio, although a smaller factor, can subtly impact returns over time. Higher expenses may slightly reduce the overall value for investors.

Market Sentiment: Broad market sentiment, whether bullish or bearish, can affect investor appetite for ETFs, including 3TSE.XETRA, influencing its price.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and economic growth in the regions relevant to the ETF's holdings can indirectly impact its price.

News and Events: Significant news events or corporate announcements related to companies within the underlying index can cause price fluctuations in the ETF.