Underlying Index Performance: The price of FCIQ.TO, an ETF, heavily relies on the performance of its underlying index. If the index goes up, the ETF's price generally rises and vice-versa.

Supply and Demand: Basic market forces play a role. High demand pushes the price up, while increased supply can lower it.

Interest Rates: Changes in interest rates can affect the attractiveness of dividend-paying stocks within the ETF, influencing its overall price.

Currency Fluctuations: As FCIQ.TO may hold international assets, currency exchange rates can impact returns when converted back to Canadian dollars.

Management Fees and Expenses: While not directly dictating price, higher fees can slightly reduce the overall return and attractiveness of the ETF compared to lower-cost alternatives.

Economic Conditions: Overall economic health and outlook, including factors like GDP growth, inflation, and unemployment, can influence investor sentiment and impact the price of the ETF.