Here's a breakdown of factors affecting the price of VXUS.MX ETFs: Global Equity Market Performance: The VXUS.MX ETF tracks stocks outside the U.S. Significant declines in major international markets (Europe, Asia, Emerging Markets) will negatively impact its price.

Currency Fluctuations: Because VXUS.MX invests in international stocks, currency exchange rates between the Mexican Peso (MXN) and other currencies (USD, EUR, JPY) affect its value. A weaker MXN relative to other currencies can boost the ETF's price.

Interest Rate Changes: Interest rate policies of central banks worldwide affect market sentiment and economic growth prospects, indirectly influencing stock valuations and VXUS.MX's price.

Geopolitical Events: Global events like political instability, trade wars, or unexpected economic shocks in key regions significantly impact investor confidence and can lead to price volatility in VXUS.MX.

Economic Growth: Stronger economic growth in developed and emerging markets typically fuels corporate earnings and stock market performance, lifting the value of VXUS.MX. Weaker growth has the opposite effect.

Investor Sentiment: General investor optimism or pessimism towards international equities influences demand for the VXUS.MX ETF. High demand increases the price; low demand decreases it.

Dividend Yields: Changes in the dividend yields of underlying international stocks can affect the attractiveness and therefore the price of VXUS.MX.

Fund Flows: Large inflows of capital into the ETF typically increase the price, while significant outflows can cause the price to fall.

Tracking Error: Any divergence between the ETF's performance and the actual index it tracks can impact its price relative to its theoretical value.