Underlying Asset Performance: SNAS.AU's price directly reflects the performance of the underlying companies in the S&P/ASX 200 ESG Leaders Index. Higher performance in these companies typically leads to a higher ETF price.

Supply and Demand: Increased demand for SNAS.AU units drives up the price, while increased selling pressure lowers it. Market sentiment and investor preferences for ESG-focused investments influence this.

Index Rebalancing: Changes in the S&P/ASX 200 ESG Leaders Index composition, such as companies entering or exiting the index, can affect SNAS.AU as the ETF needs to adjust its holdings accordingly.

Management Fees & Expenses: The ETF's operating costs, including management fees, are deducted from the fund's assets, impacting its overall return and therefore its price.

Market Conditions: General market trends, economic outlook, and overall investor risk appetite influence the price of SNAS.AU, mirroring broader market movements in Australia.

ESG Sentiment: Growing investor interest and positive news regarding ESG principles tend to increase demand for ESG-focused ETFs like SNAS.AU, positively influencing its price.