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 | +2.9% | +1.5% | 52% | +34.5% | −14.0% |
| February | −0.9% | −1.7% | 44% | +23.7% | −28.4% |
| March | +5.5% | −1.4% | 48% | +57.2% | −23.1% |
| April | +1.0% | −2.5% | 42% | +46.1% | −12.7% |
| May | +0.3% | −0.6% | 50% | +25.6% | −23.7% |
| June | +3.6% | +0.3% | 50% | +42.6% | −16.2% |
| July | +3.5% | +4.8% | 58% | +30.3% | −19.5% |
| August | −2.7% | −3.3% | 36% | +22.0% | −25.3% |
| September | +2.3% | +2.3% | 60% | +43.0% | −21.7% |
| October | +4.0% | +2.0% | 56% | +35.6% | −17.0% |
| November | −0.7% | +0.4% | 56% | +17.0% | −18.9% |
| December | +2.0% | +3.9% | 60% | +31.5% | −15.3% |
| Year | Return |
|---|---|
| 2025 | +30.7% |
| 2024 | −45.3% |
| 2023 | −37.0% |
| 2022 | +8.0% |
| 2021 | −30.3% |
| 2020 | +171.7% |
| 2019 | −8.3% |
| 2018 | −14.8% |
| 2017 | +64.9% |
| 2016 | −11.3% |
| 2015 | +48.9% |
| 2014 | −23.7% |
| 2013 | −14.6% |
| 2012 | −18.6% |
| 2011 | −11.0% |
| 2010 | +110.0% |
| 2009 | +146.9% |
| 2008 | +4.1% |
| 2007 | +77.2% |
| 2006 | −18.6% |
| 2005 | +39.1% |
| 2004 | −34.9% |
| 2003 | +38.4% |
| 2002 | +50.3% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.