Global Stock Market Performance: VWWQX tracks a global index, so overall market sentiment and performance worldwide heavily influence its price.

Currency Fluctuations: As a fund holding international assets, currency exchange rates between the US dollar and other currencies can impact its value. A stronger dollar reduces the value of foreign holdings when converted back to USD.

Interest Rate Changes: Changes in global interest rates can affect investor appetite for stocks in general and therefore impact the demand for VWWQX.

Economic Growth: Economic conditions in various countries represented in the fund's portfolio influence company earnings and investor confidence, ultimately affecting the price of VWWQX.

Inflation: Inflation rates globally can impact company profitability and valuations, thus impacting the price of VWWQX. High inflation often leads to lower stock prices.

Geopolitical Events: Political instability, trade wars, and other geopolitical risks in different regions of the world can lead to market volatility and affect the fund's price.

Fund Flows: Large inflows or outflows of capital from the fund can temporarily impact its price due to supply and demand dynamics.

Investor Sentiment: General investor optimism or pessimism about the global economy and stock markets plays a significant role in determining demand for VWWQX.