S6DW.XETRA ETF price is primarily influenced by: Underlying Assets' Performance: The ETF's value mirrors the performance of the securities it holds, mainly global dividend-paying companies.

Supply and Demand: Increased investor demand drives the price up; higher selling pressure pushes it down.

Index Tracking: The ETF aims to closely follow its benchmark index. Deviations can create tracking error.

Currency Fluctuations: As a global ETF, currency exchange rates between the Euro and other currencies can impact returns.

Market Sentiment: Overall market optimism or pessimism affects investor appetite for equities, including dividend ETFs.

Dividend Yields: Changes in dividend payouts by underlying companies impact the attractiveness and price of the ETF.

Interest Rate Changes: Rising interest rates may make fixed-income investments more appealing, potentially reducing demand for dividend ETFs.

Expense Ratio: While not directly affecting the price, the ETF's expense ratio impacts the overall return to investors.