Underlying Index Performance: HETH.AU's price mirrors the performance of its underlying index, the Solactive US Technology Titans Hedged to AUD Index.

Currency Fluctuations: As HETH.AU hedges currency risk, changes in the AUD/USD exchange rate impact its price, aiming to neutralize the effect.

Supply and Demand: Market demand for HETH.AU shares relative to supply influences its price. High demand can push the price above its net asset value (NAV).

Investor Sentiment: Overall market sentiment towards technology stocks and the US equity market affects investor appetite for HETH.AU.

Management Fees and Expenses: The ETF's expense ratio detracts slightly from returns, indirectly affecting its price over time.

Trading Activity: Large buy or sell orders can create temporary price fluctuations in HETH.AU, distinct from NAV changes.

Index Rebalancing: Periodic rebalancing of the Solactive US Technology Titans Hedged to AUD Index can lead to trading activity that briefly impacts HETH.AU's price.