Historical month-by-month and year-by-year returns
Based on 27 calendar years of monthly closes, starting 2000.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +2.0% | +1.1% | 56% | +38.8% | −18.4% |
| February | −1.1% | −3.3% | 48% | +35.5% | −29.6% |
| March | +1.2% | −0.5% | 44% | +21.6% | −13.7% |
| April | +0.8% | −0.5% | 48% | +24.7% | −30.3% |
| May | +0.5% | +0.1% | 52% | +30.1% | −16.7% |
| June | +0.2% | −4.0% | 41% | +41.7% | −13.3% |
| July | −2.3% | −1.7% | 37% | +14.4% | −14.7% |
| August | −2.5% | −1.9% | 46% | +21.8% | −33.1% |
| September | +2.7% | +2.6% | 54% | +35.2% | −12.6% |
| October | +7.0% | +5.4% | 54% | +63.7% | −13.0% |
| November | +2.0% | +2.9% | 65% | +19.0% | −26.9% |
| December | +4.0% | +2.1% | 62% | +47.8% | −17.0% |
| Year | Return |
|---|---|
| 2025 | −6.0% |
| 2024 | +10.2% |
| 2023 | −7.2% |
| 2022 | −9.0% |
| 2021 | −7.1% |
| 2020 | +78.8% |
| 2019 | −35.0% |
| 2018 | −5.6% |
| 2017 | +46.3% |
| 2016 | +12.2% |
| 2015 | −45.6% |
| 2014 | +34.4% |
| 2013 | −29.2% |
| 2012 | −10.7% |
| 2011 | −30.0% |
| 2010 | +28.7% |
| 2009 | +59.2% |
| 2008 | −47.3% |
| 2007 | +100.6% |
| 2006 | +12.4% |
| 2005 | +65.2% |
| 2004 | +6.2% |
| 2003 | +45.7% |
| 2002 | −2.5% |
| 2001 | +46.3% |
| 2000 | −13.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.