[Underlying Asset Performance]: ASDV.LSE tracks the S&P Developed Ex-U.S. Select Dividend Index. Therefore, the performance of the constituent stocks in that index directly affects the ETF's price.

[Dividend Yields]: As a dividend-focused ETF, changes in the dividend yields of the underlying stocks influence the ETF's attractiveness and price. Higher yields typically increase demand and price.

[Interest Rate Changes]: Rising interest rates may decrease the relative attractiveness of dividend-paying stocks, potentially lowering demand and the ASDV.LSE price.

[Currency Fluctuations]: Since the index includes non-UK stocks, currency exchange rates between the pound sterling and other currencies (e.g., USD, EUR) affect the ETF's value.

[Market Sentiment]: General investor sentiment towards international developed markets influences demand for the ETF, impacting its price.

[ETF Supply and Demand]: Basic supply and demand dynamics impact the ETF's price. Higher demand generally leads to a price increase, and vice versa.

[Expense Ratio]: The ETF's expense ratio can indirectly affect its price relative to its net asset value (NAV). While it doesn't directly change the price, a higher expense ratio can make it less attractive compared to similar ETFs.

[Fund Flows]: Large inflows or outflows of capital into or out of the ETF can create buying or selling pressure, affecting its price.

[Rebalancing Activity]: Periodic rebalancing of the underlying index can lead to trading activity within the ETF, which can have short-term effects on its price.