Underlying Index Performance: GSDE.F tracks a specific index. Its price is directly affected by the performance of the securities within that index. When the index rises, GSDE.F generally rises, and vice versa.

Supply and Demand: Basic economics dictate that increased demand for GSDE.F will push its price higher, while increased selling pressure will lower it. Trading volume and investor sentiment play significant roles.

Currency Fluctuations: Since GSDE.F may hold assets denominated in foreign currencies, exchange rate changes between those currencies and the currency of the ETF can impact its price.

Management Fees and Expenses: While not a direct, day-to-day driver, GSDE.F's expense ratio reduces its overall return over time, potentially affecting its attractiveness to investors and thus its price.

Economic Conditions: Macroeconomic factors such as interest rates, inflation, and GDP growth can indirectly influence the performance of the companies held within the underlying index, and thus the price of GSDE.F.