Historical month-by-month and year-by-year returns
Based on 22 calendar years of monthly closes, starting 2005.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −0.3% | −1.7% | 29% | +22.5% | −8.8% |
| February | +2.4% | +2.3% | 71% | +14.9% | −20.7% |
| March | +3.2% | +0.8% | 57% | +38.9% | −5.9% |
| April | +0.8% | −0.4% | 43% | +27.9% | −12.1% |
| May | +0.4% | +1.7% | 62% | +11.4% | −14.3% |
| June | +1.6% | +1.6% | 62% | +19.1% | −17.1% |
| July | −1.4% | −2.4% | 24% | +12.5% | −9.9% |
| August | +0.4% | +0.6% | 55% | +17.3% | −15.2% |
| September | +3.5% | −0.2% | 48% | +30.3% | −11.2% |
| October | +1.1% | −0.2% | 48% | +22.0% | −11.1% |
| November | +3.7% | +5.7% | 62% | +20.5% | −22.6% |
| December | +3.3% | −0.3% | 48% | +31.6% | −8.4% |
| Year | Return |
|---|---|
| 2025 | +173.0% |
| 2024 | −26.7% |
| 2023 | +6.7% |
| 2022 | −17.0% |
| 2021 | −9.3% |
| 2020 | +53.9% |
| 2019 | +26.7% |
| 2018 | −11.1% |
| 2017 | +34.2% |
| 2016 | +57.3% |
| 2015 | −6.3% |
| 2014 | +11.6% |
| 2013 | +12.6% |
| 2012 | +28.5% |
| 2011 | −0.8% |
| 2010 | +29.6% |
| 2009 | +70.4% |
| 2008 | −30.0% |
| 2007 | −2.7% |
| 2006 | −21.9% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.