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 | +7.3% | +3.4% | 70% | +57.9% | −15.7% |
| February | −2.7% | −4.8% | 37% | +23.8% | −27.6% |
| March | +6.0% | +5.0% | 63% | +33.7% | −33.2% |
| April | −1.1% | −3.8% | 41% | +43.4% | −22.3% |
| May | −3.4% | −2.0% | 41% | +12.1% | −30.0% |
| June | +4.5% | +5.3% | 67% | +31.4% | −14.6% |
| July | +0.2% | −0.5% | 48% | +18.9% | −26.8% |
| August | +0.7% | +1.0% | 50% | +29.8% | −18.7% |
| September | −4.5% | −2.8% | 38% | +17.5% | −38.6% |
| October | +1.9% | +1.0% | 58% | +26.0% | −17.4% |
| November | +6.8% | +3.3% | 58% | +87.8% | −11.9% |
| December | +1.8% | −2.1% | 42% | +51.9% | −16.6% |
| Year | Return |
|---|---|
| 2025 | +35.0% |
| 2024 | −30.9% |
| 2023 | −2.0% |
| 2022 | −12.1% |
| 2021 | +0.3% |
| 2020 | +37.1% |
| 2019 | −44.7% |
| 2018 | −10.2% |
| 2017 | −2.1% |
| 2016 | +19.1% |
| 2015 | −25.9% |
| 2014 | −13.7% |
| 2013 | −7.8% |
| 2012 | −23.6% |
| 2011 | −21.9% |
| 2010 | +63.0% |
| 2009 | +126.0% |
| 2008 | −41.1% |
| 2007 | +96.3% |
| 2006 | +18.3% |
| 2005 | +117.3% |
| 2004 | +27.0% |
| 2003 | +106.6% |
| 2002 | −19.3% |
| 2001 | +64.8% |
| 2000 | −27.9% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.