Global Market Sentiment: Broad market optimism or pessimism impacts investor risk appetite, affecting demand for growth-oriented ETFs like JNDQ.AU.

Performance of Nasdaq-100 Index: JNDQ.AU tracks the Nasdaq-100, so its price is directly tied to the performance of the index's constituent companies.

Currency Fluctuations: As JNDQ.AU invests in US equities, AUD/USD exchange rate movements influence the ETF's AUD price.

Interest Rate Changes: Rising interest rates can decrease the present value of future earnings, potentially affecting growth stock valuations and, therefore, JNDQ.AU.

Economic Data Releases: Major economic indicators (e.g., inflation, GDP) can impact market expectations and sentiment, indirectly influencing JNDQ.AU.

Company-Specific News: News regarding major Nasdaq-100 constituents (e.g., Apple, Microsoft) can trigger price movements in JNDQ.AU.

ETF Supply and Demand: Higher demand for JNDQ.AU relative to its supply can drive up its price, and vice-versa.

Management Fees and Expenses: The ETF's expense ratio reduces its overall return, indirectly affecting its price relative to the underlying index.

Investor Sentiment Towards Technology: Positive or negative sentiment towards the technology sector, which dominates the Nasdaq-100, can impact JNDQ.AU.

Geopolitical Events: Global political instability or major policy changes can introduce volatility and affect market sentiment, influencing JNDQ.AU's price.