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 | +2.7% | +4.0% | 67% | +18.8% | −16.2% |
| February | −1.3% | −3.8% | 41% | +15.7% | −19.5% |
| March | +1.7% | +0.8% | 52% | +38.9% | −18.5% |
| April | −1.2% | −2.5% | 33% | +14.0% | −13.5% |
| May | −0.7% | −0.5% | 48% | +15.3% | −25.1% |
| June | +6.1% | +5.3% | 67% | +65.5% | −15.2% |
| July | −2.1% | −1.2% | 37% | +8.0% | −12.9% |
| August | −1.1% | −1.5% | 38% | +17.2% | −17.3% |
| September | −1.9% | −1.6% | 46% | +18.0% | −23.1% |
| October | +3.2% | +3.2% | 54% | +20.3% | −15.8% |
| November | +2.4% | +2.3% | 54% | +16.2% | −10.3% |
| December | +1.2% | +1.5% | 54% | +26.8% | −14.7% |
| Year | Return |
|---|---|
| 2025 | +33.4% |
| 2024 | −38.8% |
| 2023 | +40.4% |
| 2022 | +14.5% |
| 2021 | +7.9% |
| 2020 | +11.1% |
| 2019 | −19.3% |
| 2018 | −28.0% |
| 2017 | +40.4% |
| 2016 | +51.8% |
| 2015 | −29.3% |
| 2014 | −15.4% |
| 2013 | −16.3% |
| 2012 | −14.0% |
| 2011 | −8.7% |
| 2010 | −15.3% |
| 2009 | +48.7% |
| 2008 | −29.2% |
| 2007 | +54.5% |
| 2006 | +49.4% |
| 2005 | +18.2% |
| 2004 | +19.2% |
| 2003 | +31.5% |
| 2002 | −5.9% |
| 2001 | +30.4% |
| 2000 | −27.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.