Underlying Assets Performance: The KSM-F16.TA ETF price is directly tied to the performance of its underlying assets, specifically a basket of Korean stocks. Strong performance in these stocks typically leads to an increase in the ETF's price, while weak performance will cause a price decrease.

Supply and Demand: Market demand for the KSM-F16.TA ETF relative to its supply also influences its price. High demand can drive the price up, while increased selling pressure and lower demand can cause it to fall.

Korean Market Conditions: Broad economic conditions and investor sentiment within the Korean stock market significantly impact the prices of the underlying holdings and subsequently the KSM-F16.TA ETF.

Currency Exchange Rates: Fluctuations in the exchange rate between the local currency, such as the Israeli Shekel (since it's traded on the TA) and the Korean Won, can affect the value of the ETF, particularly for investors holding it in a different currency.

Management Fees and Expenses: The ETF's expense ratio and other management fees can subtly influence its price by reducing the overall return for investors. Higher fees can make the ETF less attractive compared to similar offerings.