Historical month-by-month and year-by-year returns
Based on 26 calendar years of monthly closes, starting 2001.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | −2.1% | −1.5% | 40% | +13.8% | −20.7% |
| February | +4.1% | +1.8% | 60% | +25.5% | −10.2% |
| March | +6.0% | +5.9% | 80% | +23.8% | −11.6% |
| April | +3.4% | +1.1% | 54% | +75.6% | −19.3% |
| May | −0.4% | −1.9% | 46% | +13.6% | −17.2% |
| June | +0.1% | +0.8% | 50% | +25.1% | −21.6% |
| July | +0.6% | +0.5% | 58% | +16.7% | −17.1% |
| August | +3.3% | +2.1% | 64% | +21.9% | −12.6% |
| September | −2.0% | −4.8% | 40% | +25.7% | −29.3% |
| October | +3.8% | +0.9% | 60% | +28.6% | −10.0% |
| November | +1.6% | +1.3% | 60% | +19.9% | −8.4% |
| December | −0.8% | −1.6% | 40% | +33.2% | −14.5% |
| Year | Return |
|---|---|
| 2025 | −14.5% |
| 2024 | +1.2% |
| 2023 | −59.2% |
| 2022 | −23.8% |
| 2021 | −37.4% |
| 2020 | +23.8% |
| 2019 | −0.6% |
| 2018 | +7.5% |
| 2017 | +33.9% |
| 2016 | −11.3% |
| 2015 | +44.0% |
| 2014 | +43.9% |
| 2013 | −21.3% |
| 2012 | +27.0% |
| 2011 | +17.4% |
| 2010 | +43.3% |
| 2009 | +71.1% |
| 2008 | −1.2% |
| 2007 | +48.0% |
| 2006 | +83.1% |
| 2005 | +108.1% |
| 2004 | −2.6% |
| 2003 | −4.8% |
| 2002 | −16.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.