Historical month-by-month and year-by-year returns
Based on 17 calendar years of monthly closes, starting 2010.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +2.2% | −0.7% | 44% | +39.8% | −15.8% |
| February | −2.5% | −3.1% | 38% | +9.7% | −26.5% |
| March | +2.5% | +1.0% | 69% | +18.5% | −6.8% |
| April | +3.4% | −1.2% | 44% | +55.7% | −12.0% |
| May | +0.7% | −2.2% | 47% | +28.8% | −8.1% |
| June | −0.4% | −0.5% | 41% | +9.0% | −22.3% |
| July | +0.2% | −0.9% | 41% | +28.7% | −14.8% |
| August | +1.2% | +0.1% | 50% | +9.4% | −4.6% |
| September | +2.6% | +1.4% | 50% | +19.5% | −8.3% |
| October | −0.4% | −1.7% | 38% | +12.8% | −11.1% |
| November | +0.5% | +0.1% | 50% | +10.9% | −11.5% |
| December | +0.8% | −0.1% | 44% | +19.5% | −10.7% |
| Year | Return |
|---|---|
| 2025 | +111.3% |
| 2024 | +28.6% |
| 2023 | −2.3% |
| 2022 | +17.4% |
| 2021 | −14.4% |
| 2020 | +1.6% |
| 2019 | −21.3% |
| 2018 | −31.6% |
| 2017 | +16.2% |
| 2016 | +0.9% |
| 2015 | −2.2% |
| 2014 | +8.7% |
| 2013 | −1.4% |
| 2012 | +25.3% |
| 2011 | −18.6% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.