Oil Prices: RSPT tracks energy companies, whose profits are directly linked to oil prices. Higher oil prices usually boost the value of companies in the ETF, increasing its price.

Natural Gas Prices: Similar to oil, natural gas prices influence the profitability of companies involved in natural gas production and distribution, impacting RSPT's value.

Supply and Demand: General market dynamics like investor demand for energy sector exposure and the overall supply of RSPT shares will affect its price.

Interest Rates: Interest rate changes can influence company valuations and borrowing costs, affecting energy companies and consequently, the ETF.

Economic Growth: Strong economic growth typically translates to higher energy demand, benefiting energy companies and potentially raising RSPT's price.

Geopolitical Events: Political instability and global events can disrupt energy markets, creating volatility and influencing RSPT's price.

Company Performance: The individual performance of the largest holdings within the RSPT ETF greatly impacts its overall value.