Commodity Prices: SDCI tracks an index of diverse commodities. Price fluctuations in underlying commodities (e.g., energy, metals, agriculture) directly impact the ETF's value.

Supply and Demand: General market forces of supply and demand for the SDCI ETF itself also influence its price. Higher demand tends to push prices up, while increased selling pressure can lower them.

Index Tracking: The efficiency of the ETF in tracking its benchmark commodity index plays a crucial role. Deviations from the index return (tracking error) can affect its price.

Management Fees and Expenses: The expense ratio charged by the ETF provider reduces the net return to investors. Higher expenses can slightly drag down the ETF's price over time.

Global Economic Conditions: Broad economic factors such as inflation, interest rates, and economic growth in major economies can influence commodity prices and consequently, the ETF's price.

Currency Fluctuations: As some commodities are priced in USD, USD fluctuations can affect the ETF price.

Geopolitical Events: Unforeseen global events and political instability often impact commodity markets, and as a result, the price of the SDCI ETF.