Underlying Bond Prices: EBIT.US tracks European corporate bonds. Price changes in these bonds directly impact the ETF's value.

Interest Rate Changes: Rising interest rates typically decrease bond prices, lowering the ETF's price, and vice versa.

Credit Spreads: Widening credit spreads (the difference in yield between corporate and government bonds) suggest increased risk aversion, reducing bond prices.

Issuer Credit Quality: Downgrades or negative outlooks for companies whose bonds are held by the ETF can lower its price.

Market Sentiment: Overall investor optimism or pessimism towards corporate debt affects demand and price.

ETF Supply and Demand: High demand can drive up the price, while increased selling pressure can lower it.

Liquidity: Lower liquidity can increase price volatility and potentially widen the bid-ask spread.

Management Fees and Expenses: These reduce the net return and can indirectly affect price compared to a similar ETF with lower fees.