Underlying Asset Performance: JRUD.XETRA tracks an index, its price closely mirrors the performance of the index's constituent assets.

Supply and Demand: High demand drives the price up, while increased selling pressure lowers it. Market sentiment plays a crucial role.

Expense Ratio: The annual fee charged by the ETF provider impacts the overall return, indirectly affecting its price compared to the underlying assets.

Tracking Error: The ETF's ability to accurately replicate the index performance affects its price alignment with the index.

Currency Fluctuations: For international ETFs, currency exchange rates between the ETF's trading currency and the underlying assets' currencies influence the price.

Market Conditions: Overall market volatility and economic factors can impact investor sentiment and ETF prices.

Liquidity: The ease of buying and selling JRUD.XETRA shares influences its price, with higher liquidity generally supporting tighter bid-ask spreads and more stable pricing.