How New NHL, MLB Indexes Might Turn Into ETFs

Jodie Gunzberg, head of index services at FutureSports, joins Scarlet Fu and Eric Balchunas on "ETF IQ". They discuss the CME FutureSports Performance Indexes, which measure cumulative team performances by using statistics and turning it into a numerical index value. MLB on Monday joined the NHL in having indexes track each team. Multiple firms have filed to use these indexes as ETFs. (Source: Bloomberg)