Historical month-by-month and year-by-year returns
Based on 20 calendar years of monthly closes, starting 2007.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +13.4% | +9.5% | 74% | +132.9% | −12.7% |
| February | +3.4% | +2.1% | 58% | +74.6% | −24.6% |
| March | +8.6% | +3.5% | 58% | +53.3% | −16.1% |
| April | −4.0% | −4.1% | 32% | +20.8% | −45.7% |
| May | +1.9% | −2.5% | 47% | +33.9% | −23.3% |
| June | +11.0% | +9.2% | 63% | +60.1% | −25.8% |
| July | +4.7% | +0.9% | 50% | +54.9% | −28.9% |
| August | −3.6% | −4.8% | 42% | +19.0% | −28.3% |
| September | +5.1% | −4.4% | 47% | +85.5% | −40.7% |
| October | −4.7% | −5.8% | 26% | +30.1% | −28.1% |
| November | −2.3% | −2.0% | 42% | +14.8% | −24.4% |
| December | +6.8% | +1.9% | 53% | +79.0% | −44.5% |
| Year | Return |
|---|---|
| 2025 | +171.7% |
| 2024 | −39.2% |
| 2023 | +309.5% |
| 2022 | +93.7% |
| 2021 | −5.5% |
| 2020 | +190.6% |
| 2019 | −37.0% |
| 2018 | −18.9% |
| 2017 | +275.2% |
| 2016 | +0.9% |
| 2015 | +38.9% |
| 2014 | +24.1% |
| 2013 | −13.6% |
| 2012 | −42.9% |
| 2011 | +49.7% |
| 2010 | −17.3% |
| 2009 | +111.0% |
| 2008 | −45.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.