Historical month-by-month and year-by-year returns
Based on 35 calendar years of monthly closes, starting 1992.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +0.4% | +0.9% | 62% | +6.1% | −8.2% |
| February | −0.3% | +0.2% | 56% | +7.1% | −21.2% |
| March | +2.1% | +2.3% | 74% | +8.8% | −3.1% |
| April | −0.4% | +0.5% | 59% | +5.0% | −7.9% |
| May | 0.0% | +0.5% | 53% | +7.5% | −8.9% |
| June | +1.7% | +2.3% | 74% | +7.3% | −4.8% |
| July | +0.2% | +0.9% | 62% | +6.8% | −8.7% |
| August | −0.8% | −0.6% | 45% | +7.0% | −10.4% |
| September | +0.8% | +1.9% | 64% | +7.9% | −12.7% |
| October | +0.5% | +0.6% | 58% | +10.0% | −7.4% |
| November | +1.7% | +1.8% | 73% | +8.2% | −3.4% |
| December | +0.4% | +1.2% | 62% | +6.2% | −10.9% |
| Year | Return |
|---|---|
| 2025 | +3.9% |
| 2024 | +11.1% |
| 2023 | +2.7% |
| 2022 | +7.2% |
| 2021 | +5.5% |
| 2020 | −5.8% |
| 2019 | +19.7% |
| 2018 | −2.9% |
| 2017 | +7.4% |
| 2016 | +12.3% |
| 2015 | −10.4% |
| 2014 | +7.7% |
| 2013 | +6.4% |
| 2012 | +14.5% |
| 2011 | −10.3% |
| 2010 | +4.0% |
| 2009 | +29.1% |
| 2008 | −37.3% |
| 2007 | −2.1% |
| 2006 | +17.1% |
| 2005 | +20.0% |
| 2004 | +25.5% |
| 2003 | +10.7% |
| 2002 | −14.6% |
| 2001 | +3.7% |
| 2000 | +8.5% |
| 1999 | +10.7% |
| 1998 | +7.0% |
| 1997 | +9.7% |
| 1996 | +6.4% |
| 1995 | +24.8% |
| 1994 | −20.5% |
| 1993 | +46.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.