Expense Ratio: The expense ratio, indicating annual operating costs, directly impacts fund returns. Higher costs reduce net returns.

Fund Size (AUM): Larger funds can sometimes struggle to generate substantial returns, while smaller funds may lack liquidity.

Tracking Error: This measures how closely the fund follows its benchmark. Higher error means greater deviation from expected performance.

Index Performance: XCWPX tracks a specific index. The performance of that index directly affects the fund's price.

Market Sentiment: Overall investor confidence and market trends influence demand for equities and the fund's price.

Currency Fluctuations: For funds investing internationally, currency exchange rates significantly impact returns when converted back to USD.

Management Strategy: The skill and experience of the fund manager in replicating the index can affect the fund's ability to track it effectively.

Economic Conditions: Global economic factors like GDP growth, interest rates, and inflation impact the companies within the fund's holdings.

Geopolitical Events: Major world events and political instability can affect market sentiment and the performance of international investments.

Fund Flows: Large inflows or outflows of investor money can temporarily impact the fund's trading and price due to supply and demand pressures.