Underlying Holdings Performance: FHQ.TO's price is heavily influenced by the performance of the underlying companies it holds, specifically those in the healthcare sector.

Sector Sentiment: Overall investor sentiment towards the healthcare sector impacts FHQ.TO. Positive sentiment increases demand, driving up the price.

Interest Rates: Rising interest rates can negatively affect FHQ.TO as they make bonds more attractive, potentially diverting investment away from equities.

Economic Growth: A strong economy can positively influence healthcare demand, boosting the profitability of companies within FHQ.TO and increasing its value.

Currency Fluctuations: Since FHQ.TO may hold companies with international operations, currency exchange rates can impact returns.

Management Fees & Expenses: The fees charged by the ETF manager directly affect the net return to investors, influencing its attractiveness and potentially its price.

Supply and Demand: Like any security, FHQ.TO's price is determined by the balance between buyers and sellers in the market.