FVUI.F is an ETF, so its price is affected by several factors: Underlying Holdings' Performance: The primary driver is the performance of the stocks held within the FVUI.F portfolio. Rising stock prices increase the ETF's Net Asset Value (NAV), thus boosting its market price. Supply and Demand: ETF prices fluctuate based on buying and selling pressure. High demand typically leads to price increases, while significant selling can depress the price. Market Sentiment: Overall investor optimism or pessimism about the market, sectors represented in the ETF, or economic conditions can affect demand for FVUI.F. Index Tracking Accuracy: FVUI.F aims to mirror the performance of a specific index. How closely it achieves this "tracking" influences its price relative to the index's return. Currency Exchange Rates: For ETFs holding foreign assets, fluctuations in currency exchange rates can impact the value of those holdings when translated back into the base currency, affecting the ETF's price.