Global Equity Market Performance: Broad market movements in global equities, particularly developed markets, heavily influence XDWC's price.

Index Tracking Efficiency: How closely the ETF replicates its benchmark, the MSCI World index, impacts its price.

Supply and Demand: Buyer and seller activity for XDWC shares directly affects its market price. Higher demand drives prices up, increased supply pushes them down.

Currency Fluctuations: As XDWC holds international assets, changes in currency exchange rates, especially EUR vs. USD, impact its value.

Management Fees and Expenses: XDWC's expense ratio reduces the overall return, affecting the net price over time.

Dividend Distributions: Dividend payouts, reflecting the dividends from underlying stocks, can affect XDWC's attractiveness and thus its price.

Interest Rates: Changes in global interest rates can impact investor sentiment towards equities, indirectly affecting XDWC's price.

Economic Growth Prospects: Expectations about global economic growth influence investor appetite for equities, impacting XDWC's performance.

Geopolitical Events: Global political instability and significant geopolitical events impact overall market sentiment and investor confidence, influencing the price of XDWC.

Investor Sentiment: Overall investor confidence and risk appetite affect demand for ETFs like XDWC.