Underlying Asset Performance: HIPS.PA's price heavily depends on the performance of its underlying assets, usually high-yield bonds or other income-generating securities.

Interest Rate Changes: Rising interest rates typically decrease the value of fixed-income assets held within the ETF, impacting its price negatively.

Credit Spreads: Widening credit spreads, signaling increased risk aversion, can lower the value of HIPS.PA's high-yield bond holdings.

Market Sentiment: Overall investor risk appetite and market sentiment influence demand for high-yield assets, directly affecting HIPS.PA's price.

Supply and Demand: ETF share creation and redemption mechanisms affect price. High demand relative to supply can push the price up, and vice versa.

Dividend Yields: The perceived attractiveness of HIPS.PA's dividend yield compared to alternatives influences investor demand and its price.

Expense Ratio: Higher expense ratios can make an ETF less appealing, potentially affecting demand and ultimately its market price.

Economic Growth: Economic expansions often support corporate earnings and credit quality, benefiting high-yield bonds and positively impacting HIPS.PA.