Underlying Asset Performance: The price of FINN.NEO ETFs is primarily driven by the performance of the Nordic companies they track. Strong performance in these underlying stocks typically leads to a higher ETF price.

Supply and Demand: Like any publicly traded security, supply and demand play a crucial role. Increased demand for FINN.NEO ETFs pushes the price up, while increased selling pressure pushes it down.

Currency Exchange Rates: Fluctuations in the exchange rates between the Canadian dollar (in which FINN.NEO is traded) and the Nordic currencies (like SEK, NOK, DKK) can impact the ETF's price.

Management Fees and Expenses: The ETF's expense ratio (management fees and other operational costs) reduces the net return to investors, subtly influencing the ETF's overall price performance over time.

Index Tracking Efficiency: How closely the ETF tracks its benchmark index affects its price. Deviations from the index performance (tracking error) can create price discrepancies.

Economic Conditions in Nordic Countries: Economic indicators like GDP growth, inflation, and interest rates in the Nordic region significantly impact the profitability and valuation of the companies held in the ETF, thereby affecting its price.