Index Performance: XDEP.F tracks a specific index of developed market equities. The ETF's price largely mirrors the performance of its underlying index. Positive index performance generally increases the ETF's price and vice-versa.

Supply and Demand: Basic economic principles apply. Increased demand for XDEP.F pushes the price up, while increased supply (more investors selling) pushes the price down.

Currency Fluctuations: As XDEP.F invests in developed markets outside the Eurozone, currency exchange rates between the Euro and other currencies impact the ETF's Euro price. A strengthening Euro versus other currencies held may lower the ETF's Euro price and vice versa.

Expense Ratio: While not a direct price driver, XDEP.F's expense ratio affects its long-term returns. Higher expenses detract from overall performance, potentially making it less attractive compared to similar ETFs.

Investor Sentiment: Broad market sentiment, economic outlook, and risk appetite influence investor behavior. Positive sentiment toward developed markets and global equities can boost demand for XDEP.F.

Dividend Payments: Dividends paid by the underlying companies are eventually passed on to ETF holders. The anticipation and actual distribution of dividends can slightly influence the ETF's price around ex-dividend dates.

Rebalancing Activities: The index provider periodically rebalances the underlying index. XDEP.F must then adjust its holdings accordingly, and these trading activities can have a short-term impact on the ETF's price.