Underlying Asset Performance: The price of VALU.F is primarily driven by the performance of the underlying securities it holds. Positive performance increases the ETF's value, while negative performance decreases it.

Supply and Demand: Market demand for VALU.F shares can push the price above or below its net asset value (NAV). High demand often results in a premium, while low demand can lead to a discount.

Expense Ratio and Fees: The ETF's expense ratio and any associated fees directly impact investor returns. Higher fees can reduce the attractiveness of the ETF and potentially affect its price.

Index Tracking Accuracy: How closely VALU.F tracks its benchmark index is crucial. Deviations from the index return can affect investor confidence and the ETF's price.

Economic Conditions: Overall economic conditions, such as interest rates, inflation, and economic growth, can influence the value of the underlying assets and, consequently, the ETF's price.

Currency Fluctuations: Since VALU.F is traded in CAD, currency fluctuations against the currencies of the underlying assets can impact the ETF's value.

Market Sentiment: General market sentiment and investor risk appetite can affect the demand for and price of VALU.F. Positive sentiment often leads to increased investment and higher prices.

Liquidity: The liquidity of VALU.F shares can affect its price. Highly liquid ETFs tend to have tighter bid-ask spreads and are less susceptible to price fluctuations.