Global Market Sentiment: Broad market trends and investor confidence impact demand for ETFs holding global stocks.

Underlying Asset Performance: The performance of the companies within the S&P Developed Ex-Korea LargeMidCap index directly affects the ETF's NAV.

Currency Fluctuations: As the ETF holds non-Euro denominated assets, currency exchange rates influence returns for Euro-based investors.

Supply and Demand: ETF share creation and redemption activities impact market price relative to NAV, driven by investor demand.

Index Tracking Accuracy: How closely the ETF tracks its benchmark index affects its perceived value and investor appeal.

Expense Ratio: The ETF's management fees and operational costs directly impact its net return and attractiveness to investors.

Interest Rates: Changes in interest rates can influence investor preferences for equities versus fixed income investments.

Geopolitical Events: Major political or economic events in developed markets can trigger volatility and affect asset valuations.