Underlying Asset Performance: ABLD.US tracks an index of asset-backed securities. The performance of these underlying assets (loans, leases, etc.) directly impacts the ETF's price.

Interest Rate Changes: As a fixed-income ETF, ABLD.US is sensitive to interest rate fluctuations. Rising rates can decrease the value of existing asset-backed securities.

Credit Spreads: Widening credit spreads, reflecting increased risk aversion, can lower the ETF's price as investors demand higher yields for perceived risk.

Supply and Demand: Like any ETF, ABLD.US's price is influenced by investor supply and demand. High demand pushes prices up, while increased selling pressure can lower them.

Market Sentiment: Overall market sentiment and risk appetite can affect ABLD.US. Positive market conditions may boost demand, while negative sentiment can lead to selling pressure.

Liquidity: The liquidity of the underlying asset-backed securities and the ETF itself can influence pricing. Less liquid assets may experience larger price swings.