Underlying Index Performance: SCHY tracks the MSCI ACWI ex USA High Dividend Yield Index. The ETF's price is primarily driven by the performance of the stocks within this index. If the index rises, SCHY's price generally rises, and vice versa. Dividend Yields: As a high dividend yield ETF, SCHY's price is influenced by prevailing dividend yields in the international market. Higher dividend yields can make SCHY more attractive to investors, potentially increasing demand and its price. Currency Fluctuations: Since SCHY invests in companies outside the US, currency exchange rates play a role. A stronger US dollar can decrease the value of the ETF's holdings when converted back to USD, while a weaker dollar can increase the value. Interest Rates: Changes in global interest rates can affect the attractiveness of dividend-paying stocks. Higher interest rates may lead investors to shift towards bonds, potentially reducing demand for SCHY and lowering its price. Market Sentiment: Overall investor sentiment towards international markets and dividend-focused strategies can impact SCHY's price. Positive sentiment can drive demand and increase the price, while negative sentiment can lead to selling pressure and lower the price.