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 | +3.1% | +0.9% | 70% | +60.8% | −16.3% |
| February | +3.1% | +3.7% | 59% | +31.8% | −22.5% |
| March | +4.7% | +0.6% | 52% | +104.2% | −12.2% |
| April | +5.2% | −0.6% | 44% | +155.6% | −18.2% |
| May | +0.2% | +1.9% | 52% | +23.6% | −19.2% |
| June | −2.7% | +0.6% | 52% | +17.2% | −47.7% |
| July | 0.0% | −3.2% | 44% | +29.8% | −22.2% |
| August | −0.6% | +1.2% | 54% | +20.6% | −36.6% |
| September | +0.3% | −1.6% | 38% | +26.6% | −18.6% |
| October | +4.8% | +2.3% | 62% | +32.6% | −17.8% |
| November | +2.1% | +1.9% | 54% | +18.6% | −20.0% |
| December | +2.9% | +3.8% | 54% | +40.7% | −20.9% |
| Year | Return |
|---|---|
| 2025 | +108.1% |
| 2024 | −3.9% |
| 2023 | −2.2% |
| 2022 | −19.8% |
| 2021 | −12.7% |
| 2020 | +63.2% |
| 2019 | +15.7% |
| 2018 | +1.4% |
| 2017 | +87.8% |
| 2016 | +2.7% |
| 2015 | −17.6% |
| 2014 | +0.4% |
| 2013 | −27.3% |
| 2012 | −0.4% |
| 2011 | −29.2% |
| 2010 | +33.3% |
| 2009 | +183.4% |
| 2008 | −21.6% |
| 2007 | +28.0% |
| 2006 | −10.4% |
| 2005 | +50.2% |
| 2004 | −41.8% |
| 2003 | +15.1% |
| 2002 | −23.7% |
| 2001 | +3.4% |
| 2000 | −41.2% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.