Underlying Holdings Performance: 5HEP.LSE tracks an index. The performance of the constituent companies directly impacts its price.

Supply and Demand: Increased buying pressure elevates the price, while selling pressure lowers it. Trading volume reflects this dynamic.

Market Sentiment: Overall investor optimism or pessimism regarding the sectors or regions represented in the ETF influences its price.

Index Rebalancing: Periodic adjustments to the underlying index can cause price fluctuations as the ETF buys and sells assets to match the updated index composition.

Management Fees and Expenses: The ETF's expense ratio, although small, can marginally affect its total return and price over time.

Currency Exchange Rates: For ETFs holding international assets, currency fluctuations between the local currency and the tracked assets' currency impact the ETF's price.

Interest Rates: Changes in interest rates can affect the valuation of assets held within the ETF, especially fixed-income securities.

Geopolitical Events: Unexpected global events or policy changes can introduce volatility and influence the prices of the underlying assets.