Underlying Holdings Performance: FCQH.TO's price directly reflects the performance of the global high-quality companies it holds. Positive earnings or growth from these companies drives the ETF's value upward. Market Sentiment: Overall investor confidence and risk appetite in global equity markets impact demand for FCQH.TO. Broad optimism can increase buying pressure, raising the price. Currency Fluctuations: As the ETF holds international assets, exchange rate movements between the Canadian dollar and the currencies of the underlying holdings influence the ETF's CAD value. A weaker CAD boosts the ETF's price. Interest Rates: Changes in global interest rates can impact company valuations and investor preferences for stocks versus bonds, thus affecting the demand and price of FCQH.TO. Higher rates can decrease valuation. Economic Growth: Global economic growth prospects drive earnings expectations for the companies within FCQH.TO, affecting investor demand and the ETF's price. Stronger growth generally supports higher valuations.