Underlying Asset Performance: The price of VLU.US is directly tied to the performance of the large-cap US value stocks it holds. Positive stock performance drives up the ETF's price.

Supply and Demand: Increased demand for VLU.US will raise its price, while increased selling pressure will lower it.

Market Sentiment: Overall investor optimism or pessimism can influence the demand for value stocks and, consequently, the ETF's price.

Expense Ratio: While not directly impacting daily price fluctuations, a lower expense ratio makes the ETF more attractive long-term. Higher ratios may deter investors.

Dividend Yield: The dividend yield offered by VLU.US can attract income-seeking investors, potentially increasing demand and supporting its price.

Interest Rates: Rising interest rates can make bonds more attractive, potentially shifting investor capital away from value stocks and negatively impacting VLU.US's price. Conversely, falling rates can boost value stock valuations.

Economic Conditions: Strong economic growth often favors growth stocks, while economic uncertainty can make value stocks relatively more appealing, influencing VLU.US's price.

Inflation: High inflation can erode corporate profits and consumer spending, potentially negatively impacting stock prices, including those held by VLU.US.

Sector Performance: The performance of specific sectors heavily weighted in VLU.US (e.g., financials, energy) significantly impacts the ETF's overall price.

Currency Fluctuations: For international investors, fluctuations in the US dollar relative to their local currency can impact the total return of VLU.US.