Company Performance: The financial health and performance of Xometry, the underlying company, directly impacts the fund's value. Strong earnings and positive outlooks increase the price.

Overall Market Conditions: Broad market trends, such as bull or bear markets, affect investor sentiment and trading activity, influencing the fund's price.

Sector Performance: The performance of the manufacturing and technology sectors, where Xometry operates, plays a significant role in the fund's valuation.

Interest Rates: Changes in interest rates can impact investor preferences and borrowing costs, affecting the fund's attractiveness and price.

Investor Sentiment: Overall market optimism or pessimism can drive buying or selling pressure on the fund, thus affecting its price.

Economic Indicators: Economic data releases, such as GDP growth, inflation, and unemployment, can influence investor confidence and impact the fund's value.

Regulatory Changes: New regulations or policy changes affecting the manufacturing or technology sectors can impact Xometry's business and, subsequently, the fund's price.