Fund Performance: RXEI.US's price directly reflects its investment performance. Strong returns attract investors, increasing demand and driving up the price. Conversely, poor performance leads to selling pressure, decreasing the price. Underlying Holdings: The value and performance of the assets (primarily other ETFs) held within RXEI.US significantly influence its price. Positive performance of these underlying ETFs translates to a higher price for RXEI.US. Market Sentiment: Overall market conditions and investor sentiment towards emerging markets can impact RXEI.US. Bullish market conditions and positive sentiment toward emerging markets often lead to increased investment, driving up the price. Expense Ratio: The expense ratio, which represents the annual cost of operating the ETF, can affect investor demand. A high expense ratio might deter investors, negatively impacting the price compared to similar, lower-cost ETFs. Supply and Demand: Basic economic principles of supply and demand affect RXEI.US. High demand relative to the available supply drives prices up, while increased supply and reduced demand lead to price decreases.