Underlying Holdings Performance: JUNP tracks Japanese equities. The performance of the Japanese companies within the ETF directly impacts its price.

Currency Fluctuations: The value of the Japanese Yen against the US Dollar influences the ETF's price. A stronger Yen increases the ETF's value in USD.

Investor Sentiment: Overall market sentiment towards Japanese equities and emerging markets affects demand for the ETF, impacting its price.

Supply and Demand: General buying and selling pressure for JUNP shares in the market impacts its price based on supply and demand dynamics.

Expense Ratio: The ETF's expense ratio slightly affects long-term returns and indirectly its price by reducing overall investment value.

Interest Rates: Japanese and US interest rate changes can impact investor attractiveness to Japanese equities and thus JUNP's price.

Economic Data: Japanese economic indicators like GDP growth, inflation, and unemployment data can affect the performance of underlying holdings and JUNP's price.