Dividend Growth Stocks Performance: The underlying performance of the dividend growth stocks held within the DGRC.TO ETF portfolio directly impacts its price. Positive performance in these stocks leads to ETF price appreciation. Interest Rate Changes: Rising interest rates can make fixed income investments more attractive, potentially reducing demand for dividend stocks and DGRC.TO, thus lowering its price. Market Sentiment: Overall market sentiment and investor risk appetite influence demand for equities, including dividend ETFs like DGRC.TO. Negative sentiment can lead to selling pressure. Economic Conditions: Economic growth typically supports corporate profitability and dividend payments, positively affecting DGRC.TO's price. Economic downturns can negatively impact it. ETF Supply and Demand: Like any security, the basic principles of supply and demand affect DGRC.TO's price. Increased buying pressure drives prices up, while increased selling drives them down.