Underlying Index Performance: SMLP.F tracks an index, so its price heavily depends on the index's performance. A rise in the index's value generally pushes SMLP.F's price upwards.

Supply and Demand: Market forces like supply and demand influence SMLP.F's price. Increased buying pressure can raise the price, while increased selling pressure can lower it.

Investor Sentiment: Overall market sentiment impacts SMLP.F. Positive investor sentiment towards the specific sector tracked by the ETF will tend to increase its price.

Expense Ratio: The ETF's operating expenses impact its return and, indirectly, its price. Higher expenses can slightly reduce the returns, potentially affecting its attractiveness.

Distribution Yield: SMLP.F's distribution yield can affect its price. A higher yield can attract investors, potentially driving up the price.

Economic Conditions: Broader economic factors like interest rates and inflation can influence investor decisions, indirectly affecting the ETF's price.