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 | +0.4% | 0.0% | 47% | +15.0% | −14.4% |
| February | −0.9% | −4.5% | 42% | +22.1% | −23.0% |
| March | +4.4% | +0.4% | 53% | +34.5% | −16.0% |
| April | −1.5% | −1.2% | 42% | +20.5% | −18.5% |
| May | −1.0% | −3.3% | 37% | +36.8% | −20.4% |
| June | +2.2% | +1.5% | 53% | +36.3% | −18.4% |
| July | −3.3% | −2.1% | 40% | +14.2% | −22.5% |
| August | +2.1% | +3.5% | 63% | +25.4% | −24.5% |
| September | +2.8% | +0.3% | 53% | +29.4% | −20.7% |
| October | +0.3% | −2.1% | 42% | +37.8% | −19.8% |
| November | +0.8% | −1.0% | 42% | +22.6% | −12.3% |
| December | +1.8% | +5.0% | 58% | +47.4% | −36.4% |
| Year | Return |
|---|---|
| 2025 | −12.2% |
| 2024 | +8.9% |
| 2023 | −26.2% |
| 2022 | −22.4% |
| 2021 | −22.9% |
| 2020 | +115.4% |
| 2019 | −31.0% |
| 2018 | −7.8% |
| 2017 | +30.3% |
| 2016 | +19.8% |
| 2015 | +39.8% |
| 2014 | −26.2% |
| 2013 | −25.9% |
| 2012 | +0.9% |
| 2011 | −16.9% |
| 2010 | +93.8% |
| 2009 | +31.1% |
| 2008 | −29.1% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.