Underlying Bond Prices: IQQB.F tracks an index of US dollar-denominated investment-grade corporate bonds. Fluctuations in these bonds' prices directly impact the ETF's NAV.

Interest Rate Changes: As interest rates rise, bond prices typically fall, which would lower the ETF's value. Conversely, falling rates may increase the value.

Credit Spreads: Widening credit spreads (the difference between corporate bond yields and Treasury yields) signal increased risk aversion and could depress bond prices.

Market Sentiment: General investor confidence and risk appetite influence demand for corporate bonds. Positive sentiment may increase demand and price, while negative sentiment may decrease them.

Supply and Demand for IQQB.F: Increased buying pressure can push the price above its NAV (creating a premium), while increased selling pressure can push it below (creating a discount).

Index Rebalancing: Changes to the composition of the underlying index can cause the fund to buy or sell bonds, affecting its price.

Economic Conditions: Overall economic health can influence corporate bond prices. Stronger economic growth generally supports higher prices, while recessions can lead to lower prices.

Inflation Expectations: Higher inflation expectations can lead to higher interest rates and lower bond prices.

Geopolitical Events: Major global events can impact investor sentiment and risk appetite, leading to changes in bond prices.