Historical month-by-month and year-by-year returns
Based on 20 calendar years of monthly closes, starting 2007.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +0.1% | +2.0% | 58% | +7.4% | −11.7% |
| February | −0.1% | +0.4% | 53% | +7.8% | −16.3% |
| March | +1.9% | +1.5% | 70% | +14.7% | −6.9% |
| April | −0.7% | +0.5% | 50% | +4.2% | −8.1% |
| May | −0.9% | −0.8% | 35% | +6.9% | −11.3% |
| June | +1.7% | +0.5% | 70% | +9.8% | −6.3% |
| July | −1.1% | −0.3% | 45% | +5.0% | −13.8% |
| August | −0.1% | +0.6% | 58% | +6.3% | −9.7% |
| September | +0.6% | +1.9% | 60% | +10.2% | −14.7% |
| October | +1.3% | +0.1% | 53% | +18.1% | −6.8% |
| November | +0.9% | +1.1% | 68% | +7.8% | −6.8% |
| December | +0.1% | +2.5% | 53% | +9.7% | −13.8% |
| Year | Return |
|---|---|
| 2025 | +12.5% |
| 2024 | +13.7% |
| 2023 | +11.6% |
| 2022 | −0.3% |
| 2021 | +19.9% |
| 2020 | −4.4% |
| 2019 | +15.2% |
| 2018 | −12.5% |
| 2017 | +11.7% |
| 2016 | +6.1% |
| 2015 | −9.1% |
| 2014 | +11.2% |
| 2013 | +11.5% |
| 2012 | +11.8% |
| 2011 | −18.2% |
| 2010 | +6.4% |
| 2009 | +24.1% |
| 2008 | −41.0% |
| 2007 | −9.3% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.