Underlying Assets: The performance of the companies included in the underlying MSCI World Quality Index directly impacts the ETF's price.

Supply and Demand: High demand pushes prices up, while increased selling pressure lowers them.

Market Sentiment: Overall investor confidence or fear influences buying and selling decisions.

Interest Rates: Changes in interest rates can affect the attractiveness of equities relative to bonds, impacting demand.

Currency Fluctuations: As a EUR-denominated ETF holding global stocks, currency movements between EUR and other currencies (e.g., USD) impact returns.

Expense Ratio and Trading Costs: The ETF's fees and trading costs can slightly reduce overall returns and influence its attractiveness.

Global Economic Conditions: Global economic growth, recessions, and other macroeconomic factors affect corporate earnings and stock valuations.

Geopolitical Events: Political instability or international events can create market volatility and influence investment decisions.