Historical month-by-month and year-by-year returns
Based on 25 calendar years of monthly closes, starting 2002.
| Month | Average | Median | % Positive | Best | Worst |
|---|---|---|---|---|---|
| January | +0.6% | +1.0% | 54% | +21.7% | −20.1% |
| February | −2.4% | −2.4% | 42% | +18.9% | −48.7% |
| March | +3.9% | +3.2% | 71% | +27.4% | −11.0% |
| April | +1.0% | +1.4% | 54% | +35.3% | −14.8% |
| May | −1.9% | −1.9% | 33% | +18.7% | −20.5% |
| June | +5.6% | +6.9% | 67% | +27.7% | −9.0% |
| July | −0.8% | −3.8% | 38% | +30.4% | −13.1% |
| August | +1.0% | +0.4% | 52% | +24.0% | −29.0% |
| September | +1.0% | +0.4% | 54% | +31.2% | −30.9% |
| October | +1.8% | −0.2% | 48% | +18.9% | −12.2% |
| November | +1.7% | +1.9% | 57% | +19.3% | −10.0% |
| December | +3.7% | +5.6% | 75% | +18.7% | −11.0% |
| Year | Return |
|---|---|
| 2025 | +65.5% |
| 2024 | +26.6% |
| 2023 | −1.9% |
| 2022 | +8.3% |
| 2021 | +37.8% |
| 2020 | −1.7% |
| 2019 | −16.9% |
| 2018 | −23.3% |
| 2017 | +51.2% |
| 2016 | +61.0% |
| 2015 | −33.7% |
| 2014 | −21.0% |
| 2013 | +4.9% |
| 2012 | +1.6% |
| 2011 | −13.5% |
| 2010 | +33.3% |
| 2009 | +43.8% |
| 2008 | −49.7% |
| 2007 | −1.1% |
| 2006 | −1.7% |
| 2005 | +75.3% |
| 2004 | +13.5% |
| 2003 | +39.5% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.