Historical month-by-month and year-by-year returns
Based on 18 calendar years of monthly closes, starting 2009.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −0.8% | −0.5% | 47% | +20.2% | −18.5% |
| February | −2.0% | −0.7% | 47% | +11.7% | −24.9% |
| March | +2.6% | −0.4% | 47% | +41.2% | −16.5% |
| April | +9.7% | +6.1% | 71% | +59.1% | −9.7% |
| May | +3.8% | +0.6% | 59% | +24.9% | −13.3% |
| June | −2.6% | +1.2% | 53% | +10.7% | −33.2% |
| July | +0.9% | −0.2% | 47% | +26.1% | −11.8% |
| August | +1.2% | +1.9% | 69% | +14.1% | −17.6% |
| September | +2.2% | −0.2% | 44% | +26.7% | −9.3% |
| October | +3.0% | +3.0% | 69% | +18.3% | −10.2% |
| November | −2.7% | −3.3% | 24% | +13.7% | −14.3% |
| December | +6.6% | +4.8% | 71% | +30.0% | −12.9% |
| Year | Return |
|---|---|
| 2025 | +125.2% |
| 2024 | −19.3% |
| 2023 | −7.4% |
| 2022 | −9.3% |
| 2021 | −29.7% |
| 2020 | +32.1% |
| 2019 | −10.6% |
| 2018 | −17.3% |
| 2017 | +47.1% |
| 2016 | −8.3% |
| 2015 | +0.4% |
| 2014 | +88.0% |
| 2013 | +20.8% |
| 2012 | −20.7% |
| 2011 | +27.9% |
| 2010 | +94.7% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.