Dividend Payments: EXHD.F's price adjusts to reflect distributed dividends, typically decreasing by the dividend amount per share.

Underlying Index Performance: EXHD.F tracks an index; its price directly mirrors the performance of the index's constituent companies.

Supply and Demand: Market dynamics of buyers and sellers for EXHD.F units directly impact its price; higher demand drives the price up, and vice versa.

Management Fees: EXHD.F's expense ratio (management fee) affects returns; higher fees reduce net asset value, influencing the ETF's price, although indirectly.

Economic Conditions: Broad economic factors such as inflation, interest rates, and GDP growth can influence the performance of the underlying companies and, consequently, EXHD.F's price.

Currency Fluctuations: For ETFs holding international assets, currency exchange rates influence the ETF's value when converted back to the fund's base currency.

Sector Performance: Specific sector performance (e.g., technology, healthcare) can substantially affect EXHD.F's price if the ETF is heavily weighted in particular sectors.

Investor Sentiment: General investor optimism or pessimism towards the market or specific sectors affects EXHD.F's price due to increased or decreased buying pressure.

News Events: Company-specific or industry-wide news can influence the prices of underlying holdings, which in turn affects the ETF's value.

Rebalancing & Index Changes: Periodic index rebalancing or changes in the underlying index constituents can lead to trading activity that affects EXHD.F's price.