Index Performance: ONEV tracks the Global X Autonomous & Electric Vehicles ETF, so its price closely reflects the performance of its underlying index. Positive performance in the autonomous and electric vehicle sectors typically drives the ETF's price up.

Supply and Demand: Like any ETF, ONEV's price is subject to market forces. Increased buying pressure pushes the price higher, while increased selling pressure lowers it. This includes both institutional and retail investors.

Constituent Stock Prices: The ETF holds a basket of stocks related to autonomous and electric vehicles. The individual performance of these holdings directly impacts the ETF's overall value and price.

Expense Ratio: Although not a direct price driver, the ETF's expense ratio affects investor returns. A higher expense ratio detracts from overall performance, making it less attractive compared to similar ETFs with lower costs.

Currency Fluctuations: Since the ETF may hold international stocks, currency exchange rates can impact its price. A strengthening US dollar can negatively affect returns from foreign investments, and vice versa.

Investor Sentiment: General market sentiment towards the autonomous and electric vehicle industries can influence the ETF's price. Positive news and forecasts attract investment, while negative news can lead to sell-offs.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and economic growth can affect investor confidence and, consequently, the demand for and price of ONEV.