Historical month-by-month and year-by-year returns
Based on 13 calendar years of monthly closes, starting 2014.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −0.3% | +1.2% | 58% | +12.7% | −16.3% |
| February | −3.9% | −3.1% | 33% | +7.4% | −23.0% |
| March | +1.3% | −0.5% | 50% | +10.7% | −7.7% |
| April | +11.5% | +3.7% | 58% | +79.9% | −13.9% |
| May | −5.4% | −4.0% | 33% | +30.3% | −36.2% |
| June | +2.4% | +1.9% | 50% | +12.9% | −5.8% |
| July | −0.1% | −5.4% | 42% | +18.0% | −12.5% |
| August | +1.0% | −1.1% | 50% | +12.3% | −10.5% |
| September | +1.7% | +1.3% | 58% | +22.8% | −16.7% |
| October | −0.4% | +1.8% | 58% | +21.9% | −12.6% |
| November | −0.5% | +1.4% | 58% | +9.1% | −15.4% |
| December | −0.8% | −2.9% | 42% | +28.2% | −12.8% |
| Year | Return |
|---|---|
| 2025 | +43.4% |
| 2024 | −20.6% |
| 2023 | +21.6% |
| 2022 | −11.0% |
| 2021 | −28.1% |
| 2020 | +0.8% |
| 2019 | −13.2% |
| 2018 | −12.9% |
| 2017 | +103.6% |
| 2016 | −43.1% |
| 2015 | −16.3% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.