What FSPI means
FSPI stands for FutureSports Performance Indexes. The NHL team indexes measure accumulated on-ice performance using official statistics and a published scoring methodology. FutureSports administers the index; NHLFutures provides independent research.
What the index records
An accumulated score reflects what a team has already done under the index rules. A team-strength estimate asks how well it is likely to play next. Those can disagree without either calculation being broken: a club may have banked strong results, then lost an important player or faced a change in schedule.
For example, imagine Team A at 8,000 and Team B at 7,800. A research model might nevertheless predict more additional points for B over the next month. It would be a mistake to read today’s 200-point gap as proof that A has the better forward outlook. The result also depends on how many games each team has left and what milestones remain possible.
Index levels, prices, and forecasts
It is easy to mix up the index level, a futures price, an ETF share price, and our forecast because they may all appear beside the same team. The index records performance under the scoring rules. A futures quote is a tradable price for a particular contract, while a model forecast describes a range of possible future outcomes.
| Number | What it tells you |
|---|---|
| Index level | Performance accumulated under the index rules. |
| Futures quote | A price offered in a particular contract and expiry. |
| ETF share price | The price of a share in a fund, if that fund is available. |
| Model forecast | An estimate of future outcomes under stated assumptions. |
Why the futures price may differ from the index
A futures contract settles at a later date, so its price reflects what traders expect could happen between now and then. If the current index is 7,800 and a later contract trades at 8,300, the 500-point gap may simply reflect the performance still expected before expiry.
If news about a star player’s return improves that outlook, traders might move the contract to 8,380 while the recorded index remains at 7,800. The reverse can happen after a win if the result, an injury, or the updated outlook falls short of what the market had expected. The numbers here are hypothetical; they show how the relationship works rather than describing an actual NHL contract.
Are the futures listed?
CME’s listing notice specifies September 28, 2026, and its current FAQ confirms standard and Micro futures for all 32 NHL teams are available. Broker support depends on your account and jurisdiction. A listing does not establish a current executable quote or available liquidity.
Where to go next
If your question is “why did the index change?”, use the scoring guide and its complete component tables. If it is “why did the investment price change?”, follow the futures and ETF guides. If it is “what might happen next?”, start with the model overview and its evidence limits.
Whenever you quote a number, include the team, date, expiry or forecast horizon, and unit. Saying “the Oilers are at 8,200” leaves out whether 8,200 is the current index, a price for a dated futures contract, or a modeled outcome.
Where this site fits
NHLFutures brings the index rules, labeled research data, and scenario tools into one place. Each result includes a source and publication date because a historical reconstruction, an official value, and a simulated future path come from different processes.
Independent educational research. Examples are hypothetical unless stated otherwise. Read current exchange rules and fund documents for product terms.
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