WTIC.F ETFs are affected by various factors. Oil Prices: WTIC.F tracks West Texas Intermediate crude oil futures; therefore, crude oil's price directly influences the ETF's value. Supply/demand dynamics, geopolitical events, and economic conditions all impact oil prices. Futures Contract Roll: WTIC.F often rolls its holdings from near-term to later-dated oil futures contracts. This "roll yield" can impact performance, particularly if futures prices are in contango (future prices higher than spot prices). Storage Costs: The cost of storing oil can influence the price of oil futures, especially during periods of oversupply. Higher storage costs may decrease future prices, impacting WTIC.F. Interest Rates: Interest rate changes can influence the value of commodities and currencies, affecting the price of crude oil futures and WTIC.F's value. Economic Data: Economic indicators (e.g., GDP growth, inflation, employment) can shift expectations for energy demand, impacting oil prices and consequently, WTIC.F.