Fund Performance: How well VEXTF performs compared to its benchmark and other similar ETFs. Higher returns typically attract more investors, increasing demand and price.

Underlying Index: VEXTF tracks a specific index of emerging market stocks. The overall performance of that index directly impacts VEXTF's price. Positive index performance usually leads to a higher VEXTF price.

Emerging Market Sentiment: Investor sentiment towards emerging markets in general. Positive sentiment (optimism about economic growth, political stability, etc.) drives investment into emerging markets, benefiting VEXTF.

Currency Fluctuations: Changes in the value of currencies within the emerging markets where VEXTF invests. A weakening currency can negatively impact returns when translated back to US dollars.

Interest Rates: Interest rate policies in the US and within emerging markets. Rising US interest rates can make US investments more attractive, potentially reducing demand for emerging market ETFs like VEXTF.

Economic Data: Economic indicators from emerging markets (GDP growth, inflation, unemployment). Strong economic data typically leads to increased investment and a higher VEXTF price.

Political Stability: Political stability or instability within emerging market countries. Political uncertainty can deter investors and decrease the price of VEXTF.

Supply and Demand: Basic supply and demand dynamics. If there are more buyers than sellers, the price will increase. If there are more sellers than buyers, the price will decrease.

Expense Ratio: While not a direct price driver, a lower expense ratio makes VEXTF more attractive compared to similar ETFs, potentially increasing demand.

Global Events: Unexpected global events (pandemics, wars, economic crises) can significantly impact all markets, including emerging markets and thus VEXTF's price.