Market Sentiment: Overall investor confidence or fear influences buying and selling decisions, impacting demand and JRHG.AU's price.

Underlying Holdings Performance: JRHG.AU's price reflects the collective performance of the real estate companies it holds. Strong results from those companies usually drive the ETF price up.

Interest Rate Changes: Rising interest rates can negatively impact real estate valuations and investor sentiment, potentially lowering JRHG.AU's price. Falling rates may have the opposite effect.

Economic Conditions: Economic growth or recession can impact commercial and residential real estate markets, affecting JRHG.AU's value. Strong growth generally favors higher prices.

Supply and Demand: Increased demand for JRHG.AU raises its price, while increased selling pressure lowers it. Creating or redeeming units also affects supply.

Currency Fluctuations: If the underlying holdings include international assets, currency fluctuations can impact the ETF's price in Australian dollars.

Dividend Yields: Higher dividend yields from the underlying holdings can attract investors and potentially increase demand for JRHG.AU.

Management Fees and Expenses: The expenses charged by the ETF manager reduce the overall return to investors, affecting the attractiveness and therefore the price of JRHG.AU.