The creation and redemption process is a fundamental feature of the ETF structure. Learn how this process works and its role in driving liquidity and tax efficiency for investors.

Rising yields and oil prices pressured equities as the Fed raised rates 25 bps, while Moderna led BUZZ Index gains on oncology optimism and IREN weighed on returns.

Fallen angels lagged broad high yield by 1.14% in Q3 2026 as the 10-year Treasury climbed to 5.29%. With index yields at the 80th percentile, see what drove the drop and what carry may mean ahead.

Energy drove Q3 2026 commodity gains as conflicts and refining constraints lifted refined-product prices, while CMCITR and BCOM each ended September up roughly 32% for the year.