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 | −1.8% | −2.1% | 33% | +22.7% | −24.2% |
| February | −0.5% | −0.9% | 48% | +12.6% | −16.9% |
| March | +1.3% | +0.4% | 56% | +20.2% | −22.7% |
| April | −0.4% | −0.9% | 44% | +20.6% | −13.3% |
| May | −0.2% | +0.2% | 52% | +16.9% | −10.9% |
| June | +0.7% | +1.7% | 59% | +9.0% | −18.7% |
| July | +0.5% | −0.8% | 44% | +24.7% | −10.8% |
| August | −0.5% | +0.3% | 54% | +12.7% | −13.7% |
| September | −1.7% | −2.5% | 37% | +10.3% | −21.6% |
| October | +3.0% | +2.1% | 69% | +16.2% | −10.4% |
| November | −1.1% | −1.7% | 31% | +12.4% | −10.1% |
| December | +0.3% | −1.1% | 42% | +27.4% | −9.6% |
| Year | Return |
|---|---|
| 2025 | +18.5% |
| 2024 | +35.6% |
| 2023 | +0.6% |
| 2022 | +12.6% |
| 2021 | +30.5% |
| 2020 | −5.5% |
| 2019 | −11.4% |
| 2018 | −3.5% |
| 2017 | +0.9% |
| 2016 | +7.9% |
| 2015 | −9.0% |
| 2014 | −2.8% |
| 2013 | −15.8% |
| 2012 | +9.6% |
| 2011 | −20.1% |
| 2010 | −16.1% |
| 2009 | +24.8% |
| 2008 | −20.7% |
| 2007 | +17.2% |
| 2006 | +11.6% |
| 2005 | −7.9% |
| 2004 | −6.5% |
| 2003 | −6.4% |
| 2002 | +0.4% |
| 2001 | −37.0% |
| 2000 | −40.2% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.