Global Equity Market Performance: LYMZ.F tracks MSCI World Momentum Factor Index, so the overall performance of global equity markets significantly impacts its price.

Momentum Factor Performance: The ETF's price is highly sensitive to the performance of momentum as an investment strategy. Periods where momentum stocks outperform will drive up the ETF's value.

Currency Fluctuations: As a fund investing in global equities, currency fluctuations between the Euro and other major currencies (like USD, JPY) can affect the price, especially for Euro-based investors.

Interest Rates: Changes in global interest rates can influence equity valuations and investor sentiment, indirectly impacting the ETF's price.

Economic Growth: Global economic growth prospects can affect corporate earnings and investor confidence, leading to fluctuations in the ETF's value.

Investor Sentiment: Overall market sentiment, risk appetite, and investor flows into and out of the ETF can affect its price.

Expense Ratio & Trading Costs: The ETF's expense ratio and trading costs can impact returns and indirectly influence its price relative to its underlying index.