Underlying Index Performance: QDVA.XETRA tracks the performance of a specific index. Price fluctuations in the underlying assets of that index directly influence the ETF's price.

Supply and Demand: Market demand for QDVA.XETRA shares impacts its price. High demand can drive the price up, while increased selling pressure can lower it.

Market Sentiment: Overall investor sentiment regarding the sectors or asset classes represented in the index influences demand and thus the ETF's price.

Currency Exchange Rates: If the underlying assets are denominated in a different currency, fluctuations in exchange rates between EUR and that currency affect the ETF's price.

Management Fees and Expenses: The ETF's expense ratio and other operational costs are factored into its price. Higher fees can slightly reduce returns and impact its relative value.

Trading Volume and Liquidity: Higher trading volume typically leads to tighter bid-ask spreads, making it easier to trade the ETF at a fair price. Lower liquidity can result in wider spreads and greater price volatility.