Underlying Asset Performance: The performance of the assets held within the 490480.KO ETF directly impacts its price. Positive asset returns lead to a higher ETF price.

Supply and Demand: Market demand for 490480.KO versus the available supply can significantly influence its price. Higher demand typically pushes the price up.

Investor Sentiment: Overall investor mood regarding the Korean stock market or specific sectors tracked by 490480.KO can affect buying and selling pressure, thereby influencing price.

Economic Conditions: Changes in macroeconomic factors like interest rates, inflation, or GDP growth in Korea can impact the performance of underlying assets and thus the ETF's price.

Currency Fluctuations: As 490480.KO likely holds Korean assets, changes in the won/USD exchange rate can affect the ETF's value, especially for foreign investors.

Geopolitical Events: Political instability, trade tensions, or other geopolitical events impacting South Korea can create market volatility and affect the ETF's price.

Expense Ratio: While not a direct price determinant, the expense ratio of 490480.KO can influence its overall return and attractiveness to investors, indirectly affecting its price.

Liquidity of Underlying Assets: If the assets held by the ETF are difficult to buy or sell, this illiquidity can impact the ETF's pricing, potentially widening the bid-ask spread.

News and Events: Company-specific or industry-related news impacting the companies held within 490480.KO will affect the ETF's price.