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 | −1.6% | +0.2% | 58% | +7.5% | −19.2% |
| February | +0.3% | +1.1% | 58% | +15.3% | −18.1% |
| March | +6.1% | +8.0% | 63% | +26.2% | −6.5% |
| April | +0.1% | +0.2% | 53% | +23.5% | −18.1% |
| May | −0.3% | +0.6% | 53% | +10.3% | −13.1% |
| June | +2.7% | +1.5% | 68% | +29.9% | −14.7% |
| July | −1.5% | −1.1% | 42% | +13.5% | −19.8% |
| August | −0.6% | −0.9% | 50% | +24.3% | −19.1% |
| September | −2.2% | −2.8% | 32% | +29.8% | −23.4% |
| October | +0.9% | +0.1% | 53% | +14.6% | −9.7% |
| November | +0.4% | +1.4% | 58% | +9.5% | −13.2% |
| December | −1.1% | −2.0% | 42% | +14.8% | −12.8% |
| Year | Return |
|---|---|
| 2025 | −11.8% |
| 2024 | −17.1% |
| 2023 | −15.4% |
| 2022 | −0.3% |
| 2021 | −18.8% |
| 2020 | +79.4% |
| 2019 | −30.7% |
| 2018 | −4.5% |
| 2017 | +1.1% |
| 2016 | −13.9% |
| 2015 | +16.9% |
| 2014 | +32.6% |
| 2013 | −28.4% |
| 2012 | +20.5% |
| 2011 | +60.0% |
| 2010 | −7.9% |
| 2009 | +34.0% |
| 2008 | −45.8% |
These are historical patterns, not a forecast — past calendar-month performance does not predict future returns.